In collaboration with the Managing Director, Lumina Impact Ventures (LIV) (LinkedIn, Crunchbase) along with an outstanding team of colleagues, associates, consultants and external partners, the Impact Investing Officer will help source, structure, underwrite and negotiate social investments as well as grant opportunities to support Lumina Foundation’s strategic priorities. With a goal of catalyzing and accelerating the adoption of innovative financing structures in the postsecondary learning space, the Impact Investing Officer will lend support to the application of creative capital strategies and tools to help the nation reach Goal 2025.
Assist in continuing to refine the processes and procedures in meeting goals aligned with the Foundation’s strategic outcomes.
Support the financial and social/mission due diligence on potential investments or grants, either independently or in conjunction with outside consultants.
Proactively source and develop a pipeline of new impact investment opportunities aligned with Goal 2025. Liaise with foundation Strategy, Investments, Finance and Grant Management teams as partners to identify impact investing opportunities across all of Lumina’s strategies.
Participate with Managing Director and consultants in structuring, underwriting and negotiating the terms of new transactions suitable for investment by Lumina Foundation.
Collaboratively engage a wide array of external stakeholders, such as current and prospective investment recipients, philanthropic partners and community development institutions.
Support the monitoring and quarterly reporting on Lumina Foundation’s portfolio of impact investments.
Prepare presentation materials (with guidance from Managing Director) on operational and strategy decisions for LIV, the CEO and executive team.
Work with communications staff to share lessons learned with the field through blogs, papers, webinars, and conference presentations.
Work on other priority areas as identified by the Managing Director.
Bachelor’s degree required, advanced degree preferred with a minimum of five years experience in the impacting investing, private equity, strategy consulting, education or financial services’ industries. Specific experience: Technical experience of a blend of direct lending, credit risk analysis, formal credit training, principal investing and working effectively with multiple sources of capital (e.g., commercial bank debt, philanthropic capital, grants) to structure transactions helpful. Knowledge of Program Related Investments (PRI) and Mission Related Investments (MRI) helpful.
Strong analytical skill set.
Interest in, and some knowledge of, the economics of postsecondary education and the issues affecting low‐income and underserved students from multiple perspectives.
Influential, persuasive written and presentation skills; able to synthesize complex information, and translate a financial instrument’s approach, risks and rewards for non‐financial decision makers.
Superior interpersonal skills with an ability to manage and work in teams and to interact constructively with diverse constituents and colleagues.
Proactive, high energy, entrepreneurial and consultative problem solver who exhibits sound judgment, and a deep commitment to, and passion for, Lumina’s mission.
Creative and adaptable, while also being organized and precise, with strong attention to detail.
Good sense of humor and teamwork essential.
WORK ENVIRONMENT/PHYSICAL DEMANDS
Work is performed in an office environment, mostly sedentary.
Visual and auditory acuity for extensive use of various forms of technology.
Travel approximately 20‐30%, including overnight stays.
If interested, please apply here.