- Social Finance Inc.
- Boston, MA
- Job Type
- Deadline for Applications
- Where to Apply
Role and Responsibilities
The Director role at Social Finance oversees projects within the advisory and social investment practices, spanning across issue areas, clients, and jurisdictions. Directors are expected to oversee multiple client-facing projects at once, serve on the firm’s management team, provide input into commitments committee decisions and develop and coach Associates and Associate Directors. In addition to leading the core of our work, Directors contribute to additional firm building initiatives including business development, fundraising and thought leadership.
Social Finance Directors are responsible for managing advisory and social investment projects as assigned collectively by the senior management team. In this role, Directors oversee the work of Associate Directors and Associates toward project completion across business lines, issue areas, and jurisdictions. Directors ensure work is of the highest quality by providing ongoing feedback, coaching and development opportunities for project team members.
Advisory projects provide support and recommendations to clients in applying the principles and mechanisms of Pay for Success. Examples of advisory work include landscape analyses and feasibility studies, localized cost-benefit analyses of evidence-based programs, performance based contracting or outcomes rate cards for clients within government, philanthropy, and nonprofit service delivery. Directors will:
• Ensure highest quality work is being delivered to clients across all phases of project, from proposal to final deliverable
• Drive intellectual work on the project, pursuing action-oriented recommendations that will deliver impact for program participants, partners and Social Finance
• Maintain close contact with clients (individuals and organizations) throughout the project, providing updates, facilitating workshops and meetings and co-developing content as appropriate
• Update Social Finance senior leadership on project progress and elevate important content and issues
Social Investment Work
Examples of social investment projects include those projects with outside financing, such as Social Impact Bonds (SIBs), Environmental Impact Bonds (EIBs), Income Share Agreements (ISAs), prevention funds, and outcomes funds. Directors will oversee deal teams and collaborate with functional teams to achieve the following:
• Identify investment-worthy social enterprises and create innovative methods to scale and finance social progress, performing due diligence on potential service providers as needed
• Develop economic cost-benefit model and articulate the social value proposition to outcomes payors; determine methodology for measuring agreed upon outcomes and impact
• Design integrated service delivery program and operations plan to achieve desired social outcomes
• Negotiate and memorialize deal terms with key stakeholders within private, nonprofit, and public sectors
• Oversee financial structuring and lead capital raise as needed
• Provide follow-on active performance management services and post close deal operations as needed
As members of the firm’s management team, Directors play a key role in talent management, business development and fundraising, thought leadership, strategic thinking, and other firm building initiatives. Responsibilities include:
• Provide key leadership in all phases of talent management: from recruiting and onboarding, to ongoing training, coaching and development; serve as Development Manager for direct reports, overseeing their professional development and performance
• Build a network in areas of interest in order to broaden the reach of Social Finance and the principles of PFS; build project pipeline in advisory and social investment in collaboration with Social Finance senior leadership team
• Contribute to firm’s thought leadership efforts via public presentations and / or written publications
• Serve on commitments committee, collaborating with senior leadership team to align program decision making and new strategic initiatives with mission and vision
• Steer new firm building initiatives as needed
We are looking for entrepreneurial professionals who have the flexibility and aptitude to take on additional duties as senior leadership team deems appropriate. Candidates must have:
• 10+ years combined work and graduate school experience; experience in government, nonprofit, structured finance sectors or a top tier management consulting firm, with analytical responsibility required
• Professional experience in one of the firm’s core issue areas preferred, e.g. health, sustainability, homelessness, criminal justice, workforce development, etc.
• Strong project oversight experience; ability to lead project managers and analysts toward project completion and under tight deadlines
• Strong analytical and quantitative skills; basic statistical knowledge required
• Excellent oral and written communication skills
• Advanced interpersonal skills and client-facing experience; ability to identify, build, and maintain relationships across sectors that are integral to the firm and its mission
• Commitment to excellence and accuracy, with an ability to manage multiple and competing priorities simultaneously
• Willingness to constructively express contrary points of view and seek consensus among strong, independent thinkers
• Demonstrated interest in and knowledge of key issues in effective nonprofit management, social interventions, and/or impact investing
• Ability to contribute to our unique culture by balancing a commitment to excellence with a sense of modesty and humility, by striving for best in class while having some fun along the way
• MBA or MPP preferred; concentration in finance, economics, or public policy a plus
Send cover letter and resume to email@example.com (Subject line: Director)
Review of applications will begin immediately. No phone calls please.
Social Finance, Inc. is an equal opportunity employer, and all qualified applicants will be afforded equal employment opportunities without discrimination because of actual or perceived race, color, national origin, sex, age, religion, creed, disability, marital status, citizenship, ancestry, personal appearance, sexual orientation, gender identity or expression, political affiliation, military status, status as a protected veteran, genetic information or any other legally protected status.