Social Investment Officer (KF)

The Kresge Foundation; Troy (MI); On-site; USD 110,000 - 170,000; Full time

Job summary

The Kresge Foundation seeks a Social Investment Officer to work with Social Investment staff and Directors across grant areas to identify program related investment opportunities, build capital strategies, and drive impactful transactions. The role partners with grantees, investors, and counsel, and reports to senior leadership and committees.

Ideal candidates bring a finance or banking background, evidence of idea generation, understanding of impact investing, and strong communication skills to

Qualifications

• Finance or banking background and experience in investments.
• Understanding of social/impact investing.
• Strong written and oral presentation skills.

Responsibilities

• Identify sector issues suitable for program related investments.
• Develop a capital strategy and identify impactful transactions.
• Assist in asset management and learning/evaluation of transactions.

Skills

Finance background

Investment experience

Strong communication

Stakeholder management

Impact investing

Education

Finance degree

Tools

Financial modeling

Excel

Job description

The Kresge Foundation is one of the top 20 private foundations in the United States and the only one focused exclusively on expanding opportunities for people with low income in American Cities. With a $3.8 billion endowment and a staff of over 100 employees, the foundation deploys grants and social investments across arts and culture, education, environment, health, human services and community development. The foundation’s state-of-the-art headquarters maintains an array of energy-efficient, water-conserving and health-promoting systems. The foundation also operates an office in Detroit’s Midtown district.

ABOUT THE POSITION

The Kresge Foundation has been utilizing social investments to complement its grant making activities for about 12 years. Since inception, the Foundation has invested over $300MM through the practice and there is strong executive and Board support to accelerate the Foundation’s use of non-grant forms of capital (debt, equity, guarantees, deposits).

The Social Investment Officer will work closely with Social Investment staff and the Managing Directors of several grant-making Program areas to identify sector level issues that lend themselves to program related investment, develop a capital strategy, identify or create impactful transactions and assist in the ongoing learning, evaluation and asset management of transactions.

This position works with multiple stakeholders and the candidate must have the right blend of hard and soft skills. The ideal candidate will have a finance or banking background, evidence of sustained idea generation, an understanding of the social/impact investing sector and a passion to use capital to make a difference. The candidate must have strong written and oral presentation skills and understanding of how to present to and work with an Investment Committee, Executive Team, and other key stakeholders. Most importantly the ideal candidate will have a strong commitment to racial equity and service to others.

Externally, this position works with grantees, borrowers, investors, consultants, and legal counsel.

Erin Roberts published this page in Job Board 5 years ago