Impact and Financial Analysis Fellow

Job Type

Full Time
Temporary

Salary

Details: Compensation will be in the form of a fixed stipend for the months employed.

Published

08/02/2018

Address

130 Bishop Allen Drive
Cambridge
Massachusetts
02139
United States

Description

Position Overview


Root Capital is looking for a Root Fellow that will work alongside the leader of the efficient impact frontier collaboration to provide consulting services to financial institutions that are partners in the collaboration, and to structure and facilitate the collaboration as a whole. Consulting to partner financial institutions will include management and measurement of social and environmental impact, and calculation of expected risk-adjusted financial returns of investments. The Root Fellow will report to Michael McCreless at Root Capital, but will work closely and independently with many of the partners.


This fellowship is an opportunity for the right candidate to develop broad and deep expertise in impact investing in a short period of time. It will provide an excellent preparation for a wide variety of future positions, as well as introductions to many leading individuals and organizations in the field.


About Root Capital and the Efficient Impact Frontier Collaboration

Root Capital is an $80M social investment fund serving agricultural enterprises in Africa and Latin America. Root Capital has developed an approach, the ‘efficient impact frontier,’ to quantitatively integrate social and environmental impact alongside financial risk and return in investment decision-making. Root Capital published its work in an article titled “Toward the Efficient Impact Frontier” in the Winter 2017 Stanford Social Innovation Review, and a paper with the Impact Management Project (IMP), titled “Constructing a portfolio on the efficient impact frontier within one asset class,” that includes four steps that any impact investor can take to implement the approach.


Now, with support from the MacArthur Foundation, Root Capital is leading a collaboration to convene and support a cohort of other impact investors to develop and pilot strategies for integrating quantitative measures of social impact alongside financial risk and return into their investment practices. Each investor will develop its own tools for assessing the expected impact of proposed investments, loans, or guarantees before financing decisions are made; for comparing expected impact to the expected financial risk and return; and for setting integrated impact and financial goals for their portfolios.

The financial institutions that are partners in the collaboration include:

  • US community development financial institution managing ~$1 billion
  • US community development financial institution managing ~$60 million
  • Non-profit investment firm managing $350 million
  • For-profit diversified financial institution with $1 billion impact investing fund
  • Non-profit capacity development provider with $1 million impact loan fund
  • Impact fund that deploys capital across the spectrum of grants, direct loans and investments in companies, and grants
  • Social investment practice of $3bn U.S. foundation


Professional Level

None specified

Minimum Education Required

Master's degree

How To Apply

Please apply by filling out the form on Root Capital's website: https://rootcapital.org/careers/root-capital-fellow/


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