The successful candidate will be a dynamic, creative, and collaborative leader with an established reputation and deep experience in impact investing. S/he will ideally bring experience leading similar efforts in an endowment, foundation, impact investment fund, private equity or similar organization. The successful candidate will have a strong commitment to making a difference in the world and will be humble and discrete. S/he should have a sense of humor and be comfortable working in a fluid and dynamic work environment. This position will have primarily responsibility for ensuring that the portfolio of investments is financially sound and innovative and has the potential to generate a reasonable market rate of return, recognizing that the primary goal of ASA’s investments is impact. S/he will have strong analytical skills, financial and business acumen, and the knowledge, experience and judgment to make reasoned, well-articulated, and impactful investments.

Responsibilities

· Working alongside VP of Mission Impact investing to align investment strategies and outcomes with ASA’s mission and program goals, and to develop investment thesis and selection criteria for filtering investable opportunities.

· Assist in communications to, and relationship with, ASA’s Investment Committee (“IC”).

· Working with entrepreneurs to source potential investments.

· Conducting due diligence, recommending investments to the Program Directors and negotiating the terms.

· Monitoring the performance of all investments and ensuring proper documentation of investments and valuations for accounting and audit purposes.

· Providing technical assistance to investees (e.g. Business Plan review; serving as Board observer or Board representative, etc.).

· Ensuring the right balance of innovation, return expectations, and appetite for risk, which together help distinguish ASA’s investment approach.

· Ensuring that ASA complies with its statement of investment principles and working with the IC to update those principles over time. In close coordination with program directors, developing metrics for assessing performance of mission investments and effective reporting for all stakeholders.

· Work between investments and other activities within each program to maximize and amplify overall social impact.

· Regularly communicating and presenting the investment portfolio's activities, results, strategy, and lessons to the trustees, the IC, and senior management.

This role will manage staff and have an excellent reputation, the highest ethical standards, and the stature, credibility and mission orientation to interact with social entrepreneurs, operating management, co-investors, advisors and other partners.

Qualifications

· 7+ years directly related experience.

· High degree of honesty and integrity with commitment to ASA’s mission.

· Extensive network of social investors and experience collaborating with other funders and investors.

· Superior understanding and proficiency in negotiating, structuring, and overseeing equity and debt investments.

· Superb entrepreneurial skills demonstrating experience and competencies in understanding growing private companies.

· Extensive experience working with small, highly accomplished teams to drive investment results.

· Demonstrated leadership presence; with strong skills in verbal and written communication, relationship building, networking, and public speaking.

· Team player who works well in a collegial environment.

· An MBA and/or CFA designation is preferred, with a strong grounding in finance and investing.