Hybrid Impact Investment Analyst bei Saint Paul & Minnesota Foundation

Description

OUR CULTURE

Our collaborative, innovative and equity driven culture empowers our staff to grow through individual development opportunities, team retreats and cross-departmental partnerships. We continue to evolve our culture by attracting and retaining new talent with valuable experiences and insight.

POSITION MISSION STATEMENT

The Impact Investment Analyst will support the investment team in its management of a $20MM Mission Related Investment Program for the F.R. Bigelow Foundation and two new place-based impact investing options that are expected to launch in the second half of 2025. This position includes both investment and operational/administrative responsibilities. Primary responsibilities include document management, data collection, and coordinating with consultants and other constituents to produce internal and external reporting. Secondary responsibilities include providing other investment operations and administrative support as needed. 

ABOUT THE DEPARTMENT

The Investments Team stewards the assets of the Saint Paul & Minnesota Foundation and its partners. This experienced team has deep expertise in asset management services for foundations, donors, and nonprofit organizations. The team works closely with investment committees, consultants, and professional asset managers to ensure the long-term growth of the Foundation and affiliates. 

PRIMARY RESPONSIBILITIES

• Coordinating with the Foundation’s external impact investing consultant to prepare quarterly reports and presentations.
• Managing the internal recordkeeping of investment manager reports and correspondence.
• Assisting with the preparation of regular summaries of investment manager reports and correspondence to support the investment team’s ongoing monitoring process alongside the Foundation’s external impact investing consultant. 
• Assisting with the documentation of investment manager meetings in a timely fashion to ensure institutional memory of key takeaways and support the annual audit. 
• Assisting with the collection and transmission of data and documents for audit purposes, such as alternative asset estimates, look back schedule, K1s, audit confirmation letters, and support for investment footnotes. 
• Participating in the onboarding and documentation of new investment managers and partnership investments. 
• Assisting senior members of the investment team with all aspects of project management, which includes tracking outstanding deliverables, ensuring the timely progression and completion of deliverables, coordinating with external impact investing consultant, and assisting with scheduling as needed. 
• Demonstration of Foundations’ core organizational values in performing all duties.

SECONDARY RESPONSIBILITIES

• Assisting in the day-to-day management of custodial bank relationships, including monthly reconciling of alternatives accounting and performance reporting, funding managers, capital calls, distributions, and terminations.
• Assisting in monthly operational processes including portfolio transfers, cash management, and rebalancing as needed for the Foundation and affiliates.
• Coordinating with Finance team and custodians to provide information for investment accounting.
• Maintaining and enhancing the Investment Operations Manual. 
• Participating in communication with committee members, consultants, and investment managers as appropriate.
• Answering Foundation staff questions as appropriate. 

Requirements

The successful candidate will have demonstrable skills and experiences including the following:

• 3+ years of successful professional experience. Fluency with investment concepts and principles is required. Experience with private markets investing is highly preferred. 
• Passion for advancing the Foundation’s aspiration: an equitable, just, and vibrant Minnesota where all people and communities thrive. 
• Demonstrated self-starter with the ability to independently identify logical next steps and prioritize competing priorities.
• A team-oriented mindset with the ability to coordinate across different internal and external audiences and willingness to accept assignments from a variety of people with diverse backgrounds.
• Detail oriented with an eye for quality and accuracy.
• Proactive problem-solving skills.
• Strong organizational skills.
• Willingness to ask for help before help is needed; demonstrated ability to be coached. 
• Excellent written and oral communication skills. 
• Proficient with Excel, PowerPoint, and Word, and ability to learn other software applications.

Typical physical demands include:

• Ability to remain in a stationary position 50% of the time, either at home or onsite.
• Occasionally moving about inside the office to access filing cabinets, etc.
• Ability to communicate information and ideas so others will understand. Must be able to exchange accurate information in these situations.
• Ability to observe details at close range (within a few feet of the observer).

COMPENSATION & BENEFITS

The compensation for this position is $75,000.00 and includes participation in the organization's benefits plan.

Classification: Non-exempt; Full-time.

Location: All employees are expected to live within a commutable driving distance to the Foundation.

The work of our organization changes as we continuously seek to have greater impact. All of our team members must be flexible and able to adapt to short and long-term shifts in their job duties.

VALUES

What we believe in and how we conduct ourselves

We listen

We Innovate and learn

Community is our Compass

We Commit to Equity

We Nurture Philanthropy

We consistently work to make our community a stronger, more equitable place. In order to fulfill our mission, we understand that employing a diverse team of knowledgeable, passionate individuals who reflect our community is vital. To that end, the Foundation’s staff consistently works to ensure that our recruiting activities and hiring plan align with our commitment to equitable hiring practices.

Application Deadline: Friday, July 25, 12:00 p.m. CST