Associate Director, Mission Impact Investing

THE ROLE: Associate Director Mission Impact Investing

Britebound is national nonprofit that is changing the way kids learn about careers and prepare for their futures through access to career-readiness information and experiences.

Britebound fulfills its mission through free digital-first direct experiences philanthropy advocacy thought leadership groundbreaking research and impact investing. We believe that exploring career possibilities as early as middle school and providing access to education-to-career pathways aligned with ones passions and goals will result in greater confidence and long-term success for all students.

Were looking for an Associate Director Mission Impact Investing. This position will have primary responsibility for ensuring that the portfolio of investments is financially sound and innovative and has the potential to generate a reasonable market rate of return recognizing that the primary goal of Britebounds investments is impact. They will have strong analytical skills financial and business acumen and the knowledge experience and judgment to make reasoned well-articulated and impactful investments.

What Youll Do:

• Working alongside VP of Mission Impact investing to align investment strategies and outcomes with Britebounds mission and program goals and to develop investment thesis and selection criteria for filtering investable opportunities.
• Assist in communications to and relationship with Britebounds Investment Committee (IC).
• Working with entrepreneurs to source potential investments.
• Conducting due diligence recommending investments to the Program Directors and negotiating the terms.
• Monitoring the performance of all investments and ensuring proper documentation of investments and valuations for accounting and audit purposes.
• Providing technical assistance to investees (e.g. Business Plan review; serving as Board observer or Board representative etc.).
• Ensuring the right balance of innovation return expectations and appetite for risk which together help distinguish Britebounds investment approach.
• Ensuring that Britebound complies with its statement of investment principles and working with the IC to update those principles over close coordination with program directors developing metrics for assessing performance of mission investments and effective reporting for all stakeholders.
• Work between investments and other activities within each program to maximize and amplify overall social impact.
• Regularly communicating and presenting the investment portfolios activities results strategy and lessons to the trustees the IC and senior management.

About You:

• Excellent accounting and finance knowledge
• High degree of honesty and integrity with commitment to Britebounds mission.
• Extensive network of social investors and experience collaborating with other funders and investors.
• Superior understanding and proficiency in negotiating structuring and overseeing equity and debt investments.
• Superb entrepreneurial skills demonstrating experience and competencies in understanding growing private companies.
• Extensive experience working with small highly accomplished teams to drive investment results.
• Demonstrated leadership presence; with strong skills in verbal and written communication relationship building networking and public speaking.
• Team player who works well in a collegial environment.
• An MBA and/or CFA designation is preferred with a strong grounding in finance and investing.

Salary Range: $115000 - $157000

Britebound is committed to fair and transparent determining compensation we consider a variety of job-related factors including prior experience certifications and licenses skills and expertise geographic location and internal equity.

We take a total compensation approach meaning we look beyond salary alone to support reward and recognize the whole individual. Depending on role eligibility your offer may also include a bonus 403(b) retirement plan participation generous paid time off and comprehensive health and life insurance benefits. As a result final offer amounts may vary from the salary range listed in the job posting. Join our mission-driven organization to enjoy these perks and benefits as well as investment in your growth contributions and future.

Why Britebound

Britebound offers a wide range of perks and benefits to Team Members including comprehensive medical dental and vision healthcare plans a retirement plan (plus match) weekly lunches commuter benefits and tuition reimbursement.

We also heavily prioritize a healthy work/life balance which is why we offer all full-time Team Members generous PTO options Summer Fridays (every Friday off between Memorial Day and Labor Day) and a company holiday break between December 25th and January 1st.

Britebound works in a Hybrid schedule (2) two days a week in our Boston HQ. We prioritize strategic thinkers collaborators and work/life pros who are looking to help make a difference in kids education and career goals.

#LI-Hybrid

Required Experience:

Director