Impact Investing Officer (LF)

Lumina Foundation; Indianapolis, Washington (IN, District of Columbia); On-site; USD 100,000 - 110,000; Full time

Job summary

Lumina Foundation is seeking a role focused on Investment Project Management, Due Diligence, and Reporting in Indianapolis, IN. You will collaborate with strategy, investments, finance, and grant teams to identify high-impact opportunities and support due diligence and transaction structuring.

The position involves preparing materials for investment decisions, monitoring portfolio performance, and developing robust processes for Lumina’s impact investing activities, with emphasis on

Qualifications

• Bachelor’s degree required; advanced degree preferred.
• Experience in impact investing, private equity, strategy consulting, education/postsecondary, or financial services.

Responsibilities

• Collaborate with strategy, investments, finance and grant teams to identify and evaluate impact investing opportunities.
• Support due diligence on investments and grants, independently or with consultants, and prepare materials for the Investment Review Committee.
• Assist in structuring, underwriting, and negotiating terms of transactions.
• Support monitoring and quarterly reporting on the portfolio of impact investments.
• Help build and document operational infrastructure for Lumina’s impact investing activities.

Skills

Impact investing

Private equity

Strategy consulting

Education sector knowledge

Education

Bachelor's degree

Advanced degree preferred

Job description

Investment Project Management, Due Diligence, and Reporting

• Collaborate closely with foundation strategy, investments, finance and grant management teams as partners to identify and evaluate impact investing opportunities aligned with the Foundation’s strategic priorities and LIV’s recently updated strategy.
• Support the financial and social/mission due diligence on potential investments and grants, either independently or in conjunction with outside consultants. Prepare presentation materials (with the Director) on operational and strategy decisions for the LIV Investment Review Committee.
• Provide support with structuring, underwriting and negotiating the terms of new transactions suitable for investment by Lumina Foundation.
• Support the monitoring and quarterly reporting on Lumina Foundation’s portfolio of impact investments.
• Support development and institutionalization of an operational infrastructure for Lumina’s impact investing activities, improving, and documenting operational management systems, processes and best practices.

Innovative Finance Strategy

• Work in collaboration with Lumina’s strategy teams to design, test and implement new financial mechanisms (direct loans, co-funding, etc.) that support programmatic priorities.
• Support CFO, Director of LIV, and Director of Investments on developing and actualizing an analytical framework to advance the Foundation’s commitment to aligning assets with Lumina’s equity imperative.

Business Development

• Work with the Director, LIV and program colleagues to cultivate partnerships with a wide range of stakeholders such as foundations, corporate venture / social responsibility divisions, fund managers and others to leverage capital, innovation, and technology to advance the Foundation’s mission.
• Represent Lumina Foundation on panels and other speaking engagements at conferences and seminars on topics related to impact investing (focus on education) and innovative finance.
• Work on other priority areas as identified by the Director.

Education and Experience

• Bachelor’s degree required; advanced degree preferred.
• Demonstrated professional experience in the impacting investing, private equity, strategy consulting, education/postsecondary or financial services’ industries. Specific experience would ideally include:
• Technical experience of a blend of direct lending, credit risk analysis, formal credit training, principal investing and working effectively with multiple sources of capital (e.g., commercial bank debt, philanthropic capital, grants) to structure transactions helpful
• Knowledge of social sector finance and investments.

Education and Experience

• Bachelor’s degree required; advanced degree preferred.
• Demonstrated professional experience in the impacting investing, private equity, strategy consulting, education/postsecondary or financial services’ industries. Specific experience would ideally include:
• Technical experience of a blend of direct lending, credit risk analysis, formal credit training, principal investing and working effectively with multiple sources of capital (e.g., commercial bank debt, philanthropic capital, grants) to structure transactions helpful.
• Knowledge of social sector finance and investments.

Qualifications

• Proven strong collaborator with a positive approach and emotional intelligence
• Strong analytical and strategic mindset.
• Highly skilled at planning, organizing, and following through, particularly with regard to complex, multidisciplinary project management.
• Interest in, and some knowledge of, the economics of postsecondary education and the issues affecting low‐income and underserved students from multiple perspectives.
• Influential, persuasive written and presentation skills; able to synthesize complex information, and translate a financial instrument’s approach, risks and rewards for non‑financial decision makers.
• Superior interpersonal skills with an ability to manage and work in teams and to interact constructively with diverse constituents and colleagues.
• Proactive, high energy, entrepreneurial and consultative problem solver who exhibits sound judgment, and a deep commitment to, and passion for, Lumina’s mission.
• Creative and adaptable, while also being organized and precise, with strong attention to detail.
• Good sense of humor and teamwork essential.

COMPENSATION

$100k - $110k (final pay commensurate with experience)