Associate, Innovative Finance
The Rockefeller Foundation is seeking an experienced Associate, Innovative Finance.
As Associate for Innovative Finance, you will play a critical role in executing the Innovative Finance team’s Zero Gap program while also supporting other innovative finance initiatives for the Foundation’s Program teams (i.e. power, health, food, climate/resilience and jobs). Reporting to the Director for Innovative Finance, and working closely with the Managing Director, Manager and Senior Associates for Innovative Finance, you will play a multi-faceted role on a rapidly growing team. This includes supporting on grants and investments in line with the Foundation’s Innovative Finance and Program strategies and supporting the overall operations of the Innovative Finance team and the implementation of its new strategy.
The Innovative Finance team deploys grant and investment funding to achieve outsized impact. A critical part of the Innovative Finance team’s emerging strategy is the growth of Impact Investment Management (IIM) – a wholly Foundation-owned investment management platform focused on aggregating and deploying concessional capital. The Associate will support the overall operations of the Innovative Finance team including support with improving and executing on internal processes, grant and investment management, preparation of internal reporting and communication materials, events coordination, and assistance with special projects. This portion of the role will involve a diverse set of activities and require working closely with the Director and Managing Director to implement new elements of the Innovative Finance strategy. In addition to supporting the operations of the team, the Program Associate will support the Manager and Senior Associates in carrying out research and liaising with external experts on grant and investment transactions being deployed in service of IIM’s inaugural fund – the $60 million Zero Gap Fund.
This position offers a rare opportunity to work on cutting-edge ideas in innovative finance to drive impact and offers strong opportunities for professional growth. The role will generate functional experience in innovative finance, as well as experience in operations, venture philanthropy, strategy-setting and execution. The work will be fast-paced, diverse, and spread across multiple projects simultaneously. The role requires travel both domestic and international. The successful candidate will need to blend flexibility with disciplined execution in their work approach in order to manage competing demands and deliver high quality work.
You are the right fit for this role if you have a passion for the intersection between finance and social impact, an entrepreneurial spirit, strategic mindset, and ability to work efficiently in a fast-moving environment. The ideal candidate will also bring excellent interpersonal abilities complemented with strong analytic skills, judgment, and practical sense to make things happen.
Principal Duties and Responsibilities
Organizational and Operational Support
Grants and Investment Execution Support
Grant Sourcing, Due Diligence and Management Support
Education, Experience, and Skills
Qualifications and Competencies
The Rockefeller Foundation is committed to the principles of equal employment opportunity and to compliance with all federal, state, and local laws concerning employment discrimination, including the Americans with Disabilities Act. To this end, the Foundation ensures equal opportunity to all employees and applicants regardless of race, color, age, gender, sexual orientation, religion, marital status, national origin or ancestry, citizenship, lawful alien status, physical, mental, and medical disability, veteran status or liability for service in the United States Armed Forces.
The Rockefeller Foundation is an Equal Opportunity Employer.