Manager, Portfolio

POSITION: Manager, Portfolio

LOCATION: Boston, MA, Washington, D.C. or Remote

ABOUT NEW PROFIT

New Profit is a venture philanthropy organization that catalyzes the impact of social entrepreneurs who are expanding access and opportunity in America. We provide capital, capacity, and community to a portfolio of organizations to increase their impact, scale, and sustainability. And we partner with social entrepreneurs, philanthropists, and cross-sector leaders to shift how the philanthropic sector pursues social change and ensures that everyone in America can thrive. Since 1998, New Profit has invested over $350M in 275+ high-impact organizations serving more than 35 million people in all 50 states.

Learn more at www.newprofit.org.

TEAM OVERVIEW - PORTFOLIO

The Portfolio Performance and Support (PPS) team’s focus is to identify and support a portfolio of organizations demonstrating outstanding performance in four key areas: impact, equity and proximity, leadership, and sustainability. Our role is to identify the most promising social entrepreneurs and organizations for investment, ensure that we are providing them with excellent capacity building support, and develop and continually refine a set of tools and processes that support our grantees and the portfolio team in capturing their progress and our value add.

POSITION OVERVIEW

This specific position represents a key member of the “Support and Learn” (S&L) sub-function within the PPS team. The S&L team is responsible for developing and evolving our grantee support model, creating tools, and developing training for internal team members and our grantee partners on issues of capacity building (strategy, board development, leadership, etc). The Manager, Portfolio - Support & Learn will support a broad range of these aforementioned activities, and provide critical project management across workstreams. This role reports to the partner of PPS’ Support & Learn function.

WHAT YOU WILL DO

• Knowledge Management & Resource Creation (40%)
  • Manage and develop the systems, structures, and processes by which internal learning and improvement opportunities are identified, prioritized, activated, and integrated into New Profit’s work
  • In partnership with other S&L team members, source and drive codification of best practices and insights from across the portfolio and field of social entrepreneurship
  • Develop relevant high quality and accessible content (e.g., presentations, one-pagers, training, etc.) in service of New Profits’ grantee support work
  • Drive partnerships with internal and external stakeholders on key projects including strategic planning, board development, and other areas relevant to New Profit’s grantee support model
• Portfolio Support (40%)
  • In partnership with the S&L team, co-develop, plan and implement regular training sessions, group learning discussions, and grantee support deep-dives for New Profit deal partners
  • Support implementation of partner meetings including development of content (pre-reads, facilitation guides, etc), communicating with relevant stakeholders, and where appropriate facilitating full or small group conversations
  • Integrate lessons learned, emergent trends, and questions surfaced from partner meetings with New Profit’s Learning and Improvement work, advancing codification of new insights and tools
• Project Oversight and Management (20%)
  • Lead project management, coordination and operational support for the sub-function across multiple concurrent work streams ensuring alignment with Portfolio team goals and objectives
  • In partnership with team members, develop and implement innovative infrastructure (e.g., new meeting spaces, cross-team pull ups), processes (e.g., process flows for portfolio trend identification and tool codification), and systems to support the overall goals and impact of the S&L subfunction

New Profit Expectation as a Team Member

In addition, we expect all New Profit staff to embody our core values and our competency model. We are committed to the work that we do in supporting our Social Entrepreneurs and supporting one another to create an environment that helps us to thrive. We are a team and everyone has a responsibility to support, care for, and uplift their fellow team members.

QUALIFICATIONS

You are committed to social change and are looking for a role where impact is at the center of your work. You bring a mix of generalist skills including knowledge management, content creation, project management and group facilitation. You are an eager learner, and are always hungry for feedback. You build relationships across lines of difference with ease and enter relationships with curiosity. You bring these skills:

• Demonstrated commitment to New Profit’s mission of breaking down barriers to opportunity for our country’s most overlooked communities
• Experience designing and facilitating learning conversations at multiple altitudes with a focus on human centered design and best practices of adult learning
• Highly-relational with an ability to communicate reliably and effectively with a wide range of internal and external stakeholders, both verbally and in writing
• Advanced project management experience, highly organized and detail-oriented.
• Ability to analyze complex situations, break them down into management components, and identify the most impactful solutions
• Ability and willingness to switch between work that requires high level strategic thinking, and work that is more focused on logistics, operations and execution
• Adaptable and able to manage multiple, changing priorities and stakeholders
• Sharp analytical skills that allow you to quickly assess situations, identify trends, develop insights and solutions, and apply learnings to a larger context
• Relevant professional experience preferred (e.g., nonprofits, philanthropy, management consulting, venture capital) and / or advanced degree (e.g., MBA, MPA)

SALARY

The salary range for the Manager position will be $97,050 - $107,203 annually, with the exact salary depending on prior work experience and the assessment of one's fit for the role. Additionally, New Profit provides a suite of competitive benefits including health insurance, dental insurance, vision insurance, retirement benefits, and a generous PTO policy with an end-of-year holiday break.

HOW TO APPLY

To apply for this position, please go to New Profit’s Career page and submit a resume and cover letter addressed to Brent Locke. In your cover letter, please address what interests you in this role specifically and share how your work experience aligns with one or more of our core values and the skills and attributes mentioned above :

1. Embrace Diversity, Foster Inclusion
2. Be Tenacious About Outcomes
3. Elevate Entrepreneurialism, and
4. Lead Through Relationships

New Profit is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, veteran status, or any other protected characteristic as established by federal, state, or local laws. We are committed to providing a workplace free from discrimination or harassment, and take responsibility for always striving to create an environment that makes every employee and candidate feel welcome. Applicants must be currently authorized to work in the United States for any employer.

Please no phone calls or direct emails.