Remote Impact Portfolio Manager

The Kresge Foundation; Troy (OH); Remote; USD 90,000 - 130,000; Full time

Job summary

The Kresge Foundation seeks a Portfolio Manager in its Social Investment Practice to oversee and grow a subset of the foundation’s portfolio, ensuring accuracy and timely reporting to internal stakeholders.

The role requires strong investment acumen, data-driven analysis, and the ability to distill complex information into strategic insights for grantees, borrowers, and investors. Collaboration with Finance, legal, and program teams is essential.

Qualifications

• Advanced degree preferred.
• Five to seven years’ experience in banking, finance, community development finance or related fields.
• Strong investment acumen.
• Strong interpersonal and communication skills.
• Demonstrated ability to build and maintain effective and constructive working relationships.

Responsibilities

• Closely manage an assigned subset of the portfolio and oversee management of other subsets managed by analysts or other staff
• Ensure a high degree of accuracy for all information provided to internal stakeholders
• Foster strong relationships with portfolio investees and partners across the foundation
• Together with analyst(s), ensure receipt of required investee reporting
• Review investee reports for material changes or investee requests
• Analyze financials and other information to ensure fidelity to investment terms, distill learnings and to monitor the health of investee organizations
• Participate in, and oversee, the periodic investment review and risk rating processes for all investments and make investment level, and portfolio-wide reserve recommendations
• Work with other functional areas of the foundation to maintain forecasts of disbursements and guarantee payments and track new investment activity.
• Produce quarterly reporting including portfolio reports, cash-flow, disbursement, and guarantee payment projections
• Support the careful monitoring and intensive analysis sometimes required for watch-list investments
• Serve as the team-lead on ensuring investment actions are properly documented and recorded in the foundation’s internal systems

Education

A. in related field, advanced degree preferred.

Job description

The Kresge Foundation seeks a Portfolio Manager in its Social Investment Practice to oversee and grow a subset of the foundation’s portfolio, ensuring accuracy and timely reporting to internal stakeholders.

The role requires strong investment acumen, data-driven analysis, and the ability to distill complex information into strategic insights for grantees, borrowers, and investors. Collaboration with Finance, legal, and program teams is essential.