Website Open Road Impact
About Open Road Impact
Open Road Impact is dedicated to making the financial system more accessible and effective for mission-driven organizations. Established in 2012, Open Road specializes in social and impact investing, providing bridge loans and short-term financing to social enterprises, nonprofits, and startups worldwide, particularly those facing systemic funding delays. The organization has facilitated over $90 million in loans to support more than 150 social impact entities, ensuring nearly $900 million in impact and follow-on financing remains on track. Open Road Impact is a pioneering force in eliminating funding obstacles, with a focus on climate change and reducing inequality on a global scale. Their operations span from mini-grid companies in West Africa to fintech inclusion initiatives in Colombia, emphasizing strategic partnerships within the impact investing ecosystem.
About this Role
Open Road Impact is seeking a mid-level Investment Officer to join their dynamic team. This role involves sourcing, underwriting, recommending, and managing loans, focusing on bridge and working capital loans. The successful candidate will have 4-6 years of experience in finance, particularly within emerging markets and impact investing. This position is integral to managing Open Road’s growing applicant pipeline and building a personal portfolio of bridge loans. The Investment Officer will act as the primary point of contact for qualified applicants, spearheading business development, origination, due diligence, and relationship management processes. Additionally, the responsibility includes supporting post-investment portfolio management and contributing to the development of strategic industry partnerships.
Responsibilities
- Maintain a robust pipeline through proactive sourcing of potential borrowers.
- Serve as the primary contact for qualified applicants, managing relationships and shepherding them through the application process.
- Underwrite 10-12 loans annually, conducting financial analysis and structuring transactions.
- Conduct research and compile briefings on prospective borrowers and partners.
- Build relationships within the impact investing ecosystem and represent Open Road at industry events.
- Support post-investment portfolio management, maintaining communication with borrowers and assisting with the repayment process.
- Develop knowledge resources and document best practices for bridge financing products.
Requirements
- Bachelor’s degree required; master’s degree a plus.
- 4-6 years of relevant work experience in impact investing, finance, or consulting.
- Proven track record of closing investments and understanding investment instruments.
- Strong analytical skills and comfort with financial statements.
- Project management experience and proficiency with technology tools, including AI and project management systems.
- Highly proficient with Microsoft Office, especially Excel, and familiarity with Salesforce.
- Alignment with Open Road’s values, including openness, integrity, and a commitment to equity.
Benefits
- Comprehensive healthcare coverage.
- 401(k) plan with employer match.
- Parental leave and paid time off.
- Life insurance and disability coverage.
- Employee assistance program.
- Additional benefits supporting work-life balance.
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