Impact Investment Associate

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Pursuit

Impact Investment Associate

Based in the New York metro area, Pursuit is an innovative social impact organization whose mission is to create economic transformation and opportunity. Through our long-term intensive program, we train adults with the most need and potential to become software engineers and leaders in the tech industry. On average, Pursuit Fellows go from making $18,000 pre-program to $90,000+ upon starting their first job, resulting in an estimated lifetime earnings increase of over $2,000,000. Fellows are offered opportunities at over 300 best-in-class companies, including Peloton, Blackstone, Uber, and Citi.

About Pursuit:

Pursuit invests in our Fellows by providing them with a range of services: coding and professional skills training, a sourced job opportunity with company partners, career support, mentorship, and access to a network of tech companies and industry professionals. Our intensive two-step, four-year Fellowship focuses on building meaningful careers. It combines one year of training through Pursuit Core, with three years of on-the-job support through Pursuit Commit. In addition to preparing our Fellows for their first job, we work directly with employers to ensure they go from entry-level to mid-level and beyond.

We are One Big Team

The passionate and collaborative team at Pursuit gives its all to achieve our mission. And it’s not just staff. We work with employer partners that love hiring our Fellows because they are so well prepared, ranging from big financial firms to scrappy startups, and everything in between. We also activate and engage thousands of volunteers who come from all areas of the tech industry and beyond. At Pursuit, we are committed to breaking traditional barriers, focusing on potential rather than pedigree, and providing hands-on experience to empower participants in ways never seen before. Please be sure to review our company values, posted on our website, which will help provide further context on additional concepts that impact how we work here at Pursuit.

Position Overview: We are in search of an energetic and thoughtful Impact Investment Associate who will drive all impact investment campaigns and projects for a spectrum of unique and creative blended capital raises. Distinct from most raises these funds will include forgivable grants, recoverable grants, impact debt and equity, and market-rate debt and equity.

Most notably, the Impact Investment Associate will help to drive the progress of establishing and scaling the Pursuit Bond, Pursuit’s innovative financing vehicle for workforce development, as a national standard in the workforce development industry. The Pursuit Bond utilizes outcomes-driven financing to open access to capital for training and workforce development organizations that traditionally rely on limited funding streams. We believe that scaling the Pursuit Bond will significantly expand and grow the efficacy of social impact-driving organizations. (The Pursuit Bond – https://www.pursuit.org/fellowship-bond)

In this role, you will be an integral part of the team managing relationships with existing and new investors, lenders, and donors ranging from the Macquarie Group, BlackRock, Deutsche Bank, etc. In order to succeed, this person will need to be a superior project manager, team player, and financial analyst to help close meaningful deals and large multi-year contracts. The candidate will report directly to Pursuit’s Co-Founder and CEO (Jukay Hsu) and  CFO (Yong Kang) and work closely with the VP of Partnerships and Business Development as part of a high-performance team that will scale Pursuit’s fundraising capabilities to meet their goals over the next 3 years. Pursuit’s fundraising team offers a unique opportunity to pioneer new and exciting, mission-driven, financial products while opening up new markets for companies looking to create genuine social impact.

Key Responsibilities:

  • Fundraising Strategy: Work with senior leadership, investors, and other stakeholders to provide operational value-add and strategic input to investment structures and situations
  • Fundraising Initiatives and Goals: Execute and drive coordination with all advisors (financial and legal) and partners both internal and external. Manage cross-functional teams seamlessly, including the creation and management of data rooms, while drafting Q&A in response to investor queries. Coordinate and participate in investor roadshow presentations
  • Partner Relationships: Manage strong relationships with investor counterparts and managers. Promote and effectively communicate Pursuit’s long-term vision and strategy, core mission, and value proposition to stakeholders. Help the team develop strong, lasting relationships with investors and donors by understanding their business objectives and aligning our offerings to meet their company’s strategic goals
  • Financial Analysis and Presentations: Create and manage pitchbook materials and all analysis, and financial models to support investment opportunities and close transactions. Independently research and analyze the market and competitive dynamics to create thoughtful and valuable potential investor and partner opportunities for the organization
  • Impact Investment Best Practices: Develop fundraising best practices for the rest of the organization
  • Investor Relations: Support investor relations and CFO to help provide monthly and quarterly financial and impact analysis reporting for all existing and new investors

Qualifications:

  • MBA plus 3 years of experience in capital markets, impact investing, investment banking, or corporate finance role,  or 7+ years with experience on both the buy and sell side of banking. Consulting experience is a plus.
  • 3+ years of professional experience developing financial models, analysis, and fundraising marketing presentations for executive review.
  • Deep commitment to Pursuit’s mission to help underserved and underrepresented communities achieve financial independence.
  • Strong project management expertise and experience.
  • Experience working closely and building consensus with organizational leaders to achieve desired results.
  • Experience presenting directly to investors and senior executives.

Where you’ll work:

  • Hybrid: On-site in long Island City, NY
  • Staff will be working on-site in our Long Island City Office 2 days/week

Pursuit offers:

  • Great culture where transparency, respect, teamwork, and kindness are valued
  • Competitive compensation in base, plus bonus and a full benefits package
  • Unlimited PTO and a week-long Summer break and holiday during the summer and the last week of December

To apply for this job please visit boards.greenhouse.io.