Investment Services Associate

Department: Investment Services

Employment Type: Full Time

Location: Remote

Reporting To: Officer, Investment Services

Description

About ImpactAssets
ImpactAssets is the leading impact investing partner for individuals, families and philanthropists seeking to effect real change for people and planet. Bold yet pragmatic in our approach, ImpactAssets’ creativity and investment expertise ignites a deeply personal impact investing journey for clients - while we manage the complexities. Founded in 2010, ImpactAssets’ mission is to increase flows of capital to impact investing. Together, with our clients, we are catalyzing investment capital into mission driven business models solving the worlds’ biggest challenges. The result? A fast growing, dynamic organization with more than $3 billion in assets under management and an activated community of 1,900+ clients. This level of growth, vision and commitment equals great opportunities to grow a career at ImpactAssets! ImpactAssets is seeking a wide range of colleagues that share our urgency and audacity for driving outsized capital to impact investing. You dream big, have a track record for solving problems and know how to ‘get stuff done’.

The Opportunity
The Associate – Investment Services role will be a critical part of the Investment Services team, which supports investment execution and post-investment management and monitoring for private debt and equity impact investments that are recommended by our donors/clients. The Investment Services team engages with mission-driven entrepreneurs and fund managers, assesses them for investment eligibility, reviews and executes subscription/investment agreements, enters investment transactions, manages corporate actions, and monitors investment activity, reporting and valuations. This role is a part of the engine at the heart of ImpactAssets’ mission and the team that catalyzes our clients’ capital toward social and environmental progress.

The ideal Associate candidate has a service heart, a meticulous eye for detail, and is energized by being in the flow of investment activity, evaluating deal documents and thinking through the long-term effects of terms and structures. This role is essential in delivering quality service to internal and external clients alike, which requires an analytical, organized, flexible and energetic self-starter. This is an excellent opportunity for a high performer to gain exposure to and develop expertise in the full spectrum of impact investing players, investments, impact themes and structures. The ideal candidate has investment experience with private debt/equity structures and private funds and is eager to take on the challenge of supporting the monitoring and management of a rapidly growing investment portfolio.

If you are committed to serving clients at the highest level, genuinely like helping people, thrive in a fast-paced environment, are detail oriented and have excellent organizational skills, this role may be a great fit!

This is a full time, remote position and can work from anywhere in the US with work hours aligning with Central or Eastern Standard Time (with some flexibility). As a remote, people-first culture, we care deeply about our team members’ connections to one another and as such, travel 2-3 times per year to company events will be required.

Key Responsibilities

Depending on the experience, skills and initial performance of the successful candidate, and in consultation with the manager, the new Associate should be capable to perform all, but may develop expertise to focus on one or more of the following areas of responsibility:

Investment Review

· Conduct ImpactAssets eligibility review of prospective investments to ensure compliance with internal procedures and US government regulations guiding/restricting ImpactAssets Inc.

· Review closing documents and escalate to the Officer – Investment Services and Senior Director – Investment Services to identify issues where appropriate

Portfolio Monitoring/Oversight/Analysis

· Entry and integrity protection of investments data used in various datasets and IMS

· Creation of loan schedules and monitoring loan performance

· Support swift response to investment notifications and corporate actions

· Support ticket management for Investment Actions, Reporting and Portfolio Health Monitoring

· Log and save investment reporting for internal and client access, and secure past due reporting

· Identification of positive portfolio news in reports, newsletters and other communication vehicles to give voice to and amplify the positive impact of our Portfolio.

Client Experience and Operational Excellence

· Identify new process improvements to maintain a world-class, efficient operation

· Support cross-functional projects and process improvement opportunities

Other, as assigned/appropriate

Qualifications

· Minimum 3 years of experience working in accounting, finance, investment operations, financial services or investment management and bachelor’s degree in a related field; or equivalent combination of education and experience.
· Investment experience with private debt/equity structures and private funds required

· Fluency in impact investing and/or private market investing across asset classes (debt, equity, real assets, project finance) and investment types preferred

· Strong analytical and data interpretation skills required

· Demonstrated focus on continuous improvement and ability to identify and implement process improvements

· Pride in efficient processing and quick response times

· Highly attuned organizational skills, attention to detail, professional demeanor, ability to work independently and prioritize competing demands

· Knowledge and passion for using investing as a means by which to engender social or environmental impact

· Proficiency with Microsoft 365 applications including Excel, PowerPoint, Word, Teams required

· Proficiency with cloud-based collaboration tools Box and Asana preferred

· Experience working in a virtual working environment preferred

Benefits and Perks

Unique benefits, including virtual work stipend and contribution to employee’s own Donor Advised Fund
Competitive total compensation, including discretionary bonus, 401(k) plan, and generous time off plan
Base salary ranges from $75,000 - $80,000 and is highly dependent on experience and location
Comprehensive benefits package including full health and wellness coverage, professional development funding, and generous paid family and parental leave
Opportunities for training and career development in a fast-paced, progressive organization
Values-driven culture

ImpactAssets is an Equal Opportunity Employer. We know our organization is at its best when we include, celebrate and embrace difference. We strive to be a diverse workforce that is representative of our mission, and where all can thrive and belong. We are committed to building a team that includes and respects a variety of voices, identities, backgrounds, experiences and perspectives!

Applied

Initial Screen

Hiring Manager Interview

Panel competency interview

Case Study

Hired