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Managing Director, Portfolio Strategy & Management, Justice and Mobility

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Published 24 days ago

Position Profile

Blue Meridian Partners is a pioneering philanthropic model for finding and funding scalable solutions to the problems that limit economic mobility and trap America’s young people and families in poverty.  

We know solutions exist, but even the most promising strategies cannot reach far and fast enough without significant, long-term investment. We bring an innovative, investor mindset backed by a decades-long track record in pursuit of upward economic mobility for individuals and communities. Core to our mission is addressing systemic inequities and the injustices they create. By pooling resources, our Partners can unlock substantial philanthropic capital and invest effectively and efficiently.  

Anchored by our carefully tested, performance-based investing approach, Blue Meridian makes strategic, long-term investments across multiple portfolios aimed at boosting economic mobility from cradle to career. We support both nationwide and place-based strategies in order to amplify impact across the country as well as within specific communities. We identify visionary social sector leaders who address key drivers of poverty – including youth unemployment, unplanned pregnancy, and engagement with the criminal justice system – and invest the flexible, upfront capital they need to dream bigger and exponentially expand their reach, influence, and impact. 

The Justice and Mobility Fund is a philanthropic collaboration that aims to boost economic mobility and improve the life trajectories of people impacted by the criminal justice system. Given the impact of this system on communities across the country, Blue Meridian Partners is committed to investing in justice reform as a core element of its racial equity and economic mobility strategy. We are staffed by a seasoned team of results-focused leaders, and we welcome other mission-driven champions to join us. 

Position Type

Exempt

Location

Remote / New York City preferred

For consideration, please submit a thoughtful cover letter discussing what attracts you specifically to Blue Meridian's mission and resume detailing your relevant experiences.

Primary Responsibilities[1]

A Managing Director oversees and manages, delegating and working with other team members where appropriate, activities that may include but are not limited to the following:

Identify Potential Investees for Due Diligence

·      Identify new investment opportunities that meet Blue Meridian standards and advance portfolio objectives.

·      Conduct due diligence to explore opportunities and make investment recommendations.

·      Develop, with Justice and Mobility team, compelling and feasible investment recommendations, and present to Co-Sponsors for approval.

Lead Relationships with Investees

·      Ensure investee leaders and their teams receive excellent relationship management and support from Blue Meridian. 

·      Earn and maintain the respect of investees and serve as a trusted partner and advisor to their CEOs and boards. This includes representing Blue Meridian Partners with investee leadership and advising on strategy and growth plans; evaluation and evidence building; board development; fundraising; organizational design; and human capital and communications.

·      Contribute to Justice and Mobility/Blue Meridian support for the development and implementation of investee strategic growth plans. Craft performance milestones with investees and help chart a roadmap for success.

·      Develop and present regular progress reports to the Justice and Mobility Co-Sponsors and other Partners. Contribute materials and talking points for Co-Sponsor and other stakeholder updates.

·      Design and facilitate investee meetings, strategy sessions and performance reviews.

·      Identify advisors, consultants, and other resources to support investee growth and development.

·      Support and contribute to Justice and Mobility’s and Blue Meridian’s focus on racial equity by advancing key priorities focused on leaders of color and engaging with organization-wide initiatives focused on equity, diversity, and inclusion. 

·      Capture ongoing learning from investments and broader trends to continuously inform and improve Justice and Mobility’s strategy and contribute to broader learning across Blue Meridian.

Lead Innovation Initiatives

To expand its work and enhance its competitiveness, Blue Meridian will develop from time to time “innovation initiatives.” These will usually be staffed on a part-time basis by Blue Meridian team members, depending on their skills and experience as well as their interests wherever possible.

A Managing Director may lead or co-lead one or more innovation initiatives and oversee activities including:

·      Conducting research and engaging in landscaping exercises to determine opportunities in a given field.

·      Developing concepts, strategies, and proposals for future areas of potential investment.

·      Planning, managing, and evaluating initiatives.

·      Providing guidance and direction to other team members.

Contribute to Justice and Mobility and broader Portfolio Investment Practice

·        Contribute to the development of Blue Meridian’s Justice and Mobility strategy and to the continuing evolution of its investment practices. Stay abreast of trends that affect Blue Meridian and its investments.

·        Represent Blue Meridian with external stakeholders and help identify other Justice and Mobility collaborations. 

·        Contribute to learning and knowledge building activities and contribute expertise to other team members.

·        Perform other general management duties including recruiting, coaching, developing and providing oversight to more junior staff.

·        Serve in firm-wide roles including but not limited to participating or chairing committees and working groups.

Qualifications

·        Managing Directors must believe in Blue Meridian’s mission and be driven by personal values that align closely with Blue Meridian’s core values.

·        At least 20 years of professional experience, either in significant line-leadership roles managing initiatives or parts of organizations, or as strategy, financial and/or change-management consultants to the senior leadership of high-growth organizations. Experience with grantmaking and strategic philanthropy is highly desirable.

·        An undergraduate degree (or equivalent experience) is required; an advanced degree in a related field (e.g. business, law, or public administration) is desirable.

·        Knowledge of or experience working in the criminal justice field is strongly preferred.

·        Perspective from direct experience living or working in communities with significant low income or otherwise disenfranchised peoples desirable.

·        A track record of playing a significant role in an organization’s achievement of innovative results, demonstrating the ability to formulate and execute effective strategies, chart clear courses of action that require complex, multi-disciplinary teamwork, and the measurement of and accountability for results.

·        Strong skills in developing and managing external and internal relationships and partnerships, working directly with senior executives, boards of directors and investors, leading teams, building, and stewarding relationships, networks, and agreements, and managing complex business associations.

·        A superior ability to analyze, assess and conceptualize the implications of quantitative and qualitative data, sometimes amid disparate and even contradictory information.

·        Outstanding verbal and written communication skills, comfortable engaging with and presenting at senior levels.

·        Highly energetic, self-motivated, and entrepreneurial, able to balance a meticulous and highly rigorous professional approach with a flexible and empathetic responsiveness to the needs of others. While skilled at thinking and working independently and advocating own point of view, respects and solicits the contributions of others.

·        Outstanding interpersonal skills with a professional and genial demeanor, and the ability to work with and lead people with different backgrounds and experiences.

·        Strong computer skills with extensive knowledge of Microsoft Outlook, Word, Excel and PowerPoint, and the ability to master new software quickly. Experience with customer relationship management system (CRM) highly desirable.

·        Willing to travel as needed.

Blue Meridian Partners is committed to equal employment opportunity, without regard to race, color, gender, religion, age, national origin, sexual orientation, gender identity or expression, marital status, pregnancy, disability, veteran status, prior record of arrest or conviction, genetic information or any other characteristic protected by law. These opportunities include all terms, conditions, and privileges of employment, including (but not limited to) recruiting, hiring, job assignment, training, compensation, benefits, discipline, promotion, and termination.

[1] This position description is a guide to the primary duties and functions of the job, not an all-inclusive list of responsibilities, qualifications, physical demands, and work environment conditions. Position descriptions are reviewed and may be revised to meet the changing needs of Blue Meridian Partners at the sole discretion of management.

Position Profile

Blue Meridian Partners is a pioneering philanthropic model for finding and funding scalable solutions to the problems that limit economic mobility and trap America’s young people and families in poverty.  

We know…

Details at a Glance

  • Time Commitment
    Full Time Schedule

Location

Remote
Work may be performed anywhere in United States
Associated Location
415 Madison Avenue, New York, NY 10017, United States
10th floor

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