Investment Manager

Organization
Annie E. Casey Foundation
Location
North America
Job Type
Full-time
Where to Apply
https://www.impactfinancepro.com/job-post?recordId=recQOQiomZMw7hFY0
Tags
Full-time

The Annie E. Casey Foundation is devoted to developing a brighter future for millions of children and young people with respect to their educational, economic, social and health outcomes. The Foundation’s work focuses on strengthening families, building stronger communities and ensuring access to opportunity, because children, youth and young adults need all three to succeed. Casey advances research and solutions to overcome the barriers to success, help communities demonstrate what works and influence decision makers to invest in strategies based on solid evidence.

At Casey, you will find a dynamic environment with staff of diverse backgrounds and perspectives who share a deep commitment to advancing the Foundation’s mission. Casey staff also have flexible schedules, including a hybrid work week, to support a healthy work-life balance.

The Investment Manager is an integral member of the Investments team and reports to the director of Impact Investments. The manager is responsible for implementing the Foundation’s program-related investment (PRI) strategy. Primary responsibilities include sourcing, structuring and monitoring investments as well as providing targeted grant support and technical assistance when appropriate. The manager will also support the impact investment portfolio as needed, including performance analyses and reporting.

As an integral member of the Foundation’s endowment management team, there will be opportunities to develop broad exposure to other asset classes in an intellectually stimulating and collaborative environment.

RESPONSIBILITIES

IMPLEMENT THE PROGRAM-RELATED INVESTMENT STRATEGY

  • Under the direction of the director of Impact Investments, develop opportunities to allocate debt, equity and guarantees in collaboration with program staff that advance the Foundation’s programmatic objectives.
  • Conduct due diligence and analysis to assess prospective investment opportunities
  • Propose investment structures to achieve financial and social impact objectives
  • Write and present investment recommendations for approval
  • Manage preparation and review of closing documentation
  • Monitor PRI investments performance including quarterly and annual reporting, legal compliance, financial and impact performance analysis
  • Attend manager meetings and share key developments and observations with Director and investment team as appropriate
  • Support the development, management and monitoring of PRI related grants

**SUPPORT PERFORMANCE ANALYSIS AND REPORTING FOR IMPACT INVESTMENT PORTFOLIO **

  • Draft portfolio reports and performance analyses
  • Lead annual portfolio risk assessment
  • Lead annual portfolio impact measurement and management process
  • Coordinate with the director of Operations to manage portfolio operational functions (capital calls, modifications, reporting)

**ACT AS A LIAISON BETWEEN INVESTMENT TEAM AND PROGRAM STAFF **

  • Coordinate program staff involvement in PRIs
  • Educate program staff about impact investments and Casey’s investment process
  • Staff internal committees and workgroups as required
  • Participate in education and field-building activities related to impact investments

**INVESTMENT TEAM RESPONSIBILITIES **

  • Participate in evaluation of potential investments in all asset classes. Remain current on investment practices, emerging trends, vehicle structures, and new managers through research, conferences, and meetings.
  • Prepare reports, presentations, memos, investment summaries, and recommendations for the Foundation’s Trustees.
  • Manage special projects as assigned.

ADDITIONAL RESPONSIBILITIES

  • Exhibit sensitivity to and respect for differences in personal, professional and business relationships on behalf of the Foundation. Seek to utilize the Foundation resources in an equitable manner with regard to race, ethnicity and gender.
  • Develop awareness and appreciation of the Foundation’s mission, values, standards, principles, and programs. Be an exemplary representative of the Foundation to all external audiences.

The duties listed above are intended only as illustrations of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or a logical assignment to the position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

QUALIFICATIONS

  • Bachelor’s degree in related field, preference for advanced degree in business, finance, or related discipline or equivalent combination of education and experience.
  • A minimum of 6-8 years of professional experience in banking, finance, real estate, private equity or community development required.
  • Demonstrated experience in underwriting debt and equity transactions. Experience in blended capital structures and private credit preferred.
  • Working knowledge of and experience in at least one of the Foundation’s program areas of interest in which impact investments are made: community and economic development, financial inclusion, affordable housing and initiatives promoting family economic self-sufficiency.

ESSENTIAL SKILLS AND ABILITIES

  • Communication: Exceptional writing, public speaking and presentation skills, including experience presenting complex subject matter to nonexpert audiences and high-level decision makers in a strengths-based and positive manner. Is a good listener.
  • Analytical and Assessment Skills: Strong analytical and critical thinking skills. Uses data in assessing, analyzing, maintaining, and disseminating data and information. Ability to build and use analytical frameworks, models, and approaches.
  • Interpersonal Savvy: Relates well to all kinds of people inside and outside the organization; builds appropriate rapport; builds constructive and effective relationships; uses diplomacy and tact; can diffuse even high-tension situations comfortably.
  • Equity and Inclusion: Ability to apply research as well as equity and inclusion strategies in building enduring partnerships to impact change. Ability to work with people who have diverse perspectives and backgrounds to facilitate the strengthening of relationships to pursue shared interests.
  • Collaborative: Proven ability to work effectively, internally and externally and as part of a diverse interdisciplinary team.
  • Project Management: Establishes project goals, milestones, procedures, defines roles and responsibilities, acquires project resources, coordinates projects throughout company, monitors project progress. Displays the administrative and organizational skills necessary to implement and oversee multiple, complex projects.
  • Planning/Organizing: Strong administrative and organizational skills with strong attention to detail in order. Demonstrated ability to multitask and deliver quality work on time.
  • Computer Savvy/Technical Skills: Strong proficiency in using the internet and basic software applications such as the Microsoft Office Suite, Web Ex and Zoom

TOOLS AND EQUIPMENT USED

Telephone, copiers, computers with Microsoft Office applications (i.e., Outlook, Word, Excel, PowerPoint).

PHYSICAL DEMANDS/WORKPLACE ENVIRONMENT

The work is performed primarily in an office setting. This may require up to 30% travel.

COMPENSATION

This is an exempt position, meaning pay is on a salaried rather than hourly or daily basis.