As part of the GIIN’s mission to accelerate the scale and effectiveness of impact investing, we publish job openings from members of the GIIN Investors’ Council and other impact investing leaders.

Fellow, Impact Investing

at Catholic Charities USA in Alexandria, VA

About the Job

Impact Investing at CCUSA
CCUSA is exploring how to integrate impact investing into its programming across its strategic priority areas. As a new initiative within the Agency, our work in impact investing spans staff socialization to structuring new financial vehicles. The strategy will evolve as information is gathered and partnerships are formed with our member agencies. Areas of near-term priority are:

  1. Financing for new construction under the CCUSA Healthy Housing Initiative, which combines permanent supportive housing with wrap around health services for the chronically homeless;
  2. Raising philanthropic capital that CCUSA can deploy as debt, equity, guarantees, and/or starter grants for social enterprises owned by member agencies;
  3. Designing impact management for impact investing at CCUSA;
  4. Developing and rolling out trainings and resources for CCUSA and member agency staff;
  5. Developing and cultivating new partners; and
  6. Raising CCUSA’s visibility in the impact investing sector.

Assignment
The Impact Investing Fellow’s role will span the entirety of the Initiative’s workstream. However, preference will be given to candidates with experience and/or interest in measurement and evaluation. If there is a skills and interest match, the Fellow will primarily focus on the design and implementation of impact management across the Initiative. The Fellow also will support the Senior Director of Impact Investing on staff training; designing and structuring financial vehicles in consultation with member agencies; conducting due diligence on SMEs; raising philanthropic capital for use as investment; and cultivating donors, co-investors, and other financial partners. Given the number and variety of players involved in starting a new area of focus, the Fellow should possess the willingness to cultivate and maintain strong organizational partnerships. The Fellow also should be comfortable with a flexible role that may change over time and have experience and/or interest in facilitating multiple large projects simultaneously.

Main Duties and Responsibilities
Impact Management

  • Research, develop, and present a brief on best practices in impact management for the sector;
  • Work with CCUSA Research and Evaluation team and member agencies to understand current Catholic Charities measurement practices and present findings;
  • Work with the Sr. Director to create a draft impact management strategy inclusive of select metrics for CCUSA programs involving investment and across an initial set of impact investments;
  • Work with VP of Social Enterprise to co-develop key metrics that CCUSA will collect from its investees;
  • Develop and roll-out impact management trainings, templates, and other resources for member agencies and social enterprises;
  • Assess and recommend a data management platform;
  • Keep the data management platform updated;
  • Produce impact reports for CCUSA Leadership, internal communication with member agencies, and external communications with donors, peers, and (co-)investors;
  • Keep up-to-date with current trends in impact management and communicate key points to internal and external audiences.

Investment

  • Support due diligence on social enterprises, including managing the flow of information between the social enterprise and CCUSA, creating summaries of diligence documents, researching industry benchmarks, and coordinating meetings and calls;
  • Support the creation of investor materials (business plans, executive summaries, slide decks) and templates for use by our member agencies;
  • Support the structuring and/or marketing of national and/or regional financial vehicles to our member agencies undertaking affordable housing projects;
  • Work with the Development Team to raise donations to capitalize an SME investment vehicle;
  • Research and compile lists and profiles on potential co-investors and other potential financial partners.

Communications

  • Work with the Communications Team to create marketing materials for CCUSA investment vehicle(s);
  • Draft social media content for Impact Investing at CCUSA;
  • Use information on investment progress, lessons learned, and best practices for communications content, including the 2019 Annual Report;
  • Support impact investment training at CCUSA, member agencies, and/or social enterprises;
  • Attend select sector events in the DC area.

Fellowship Period

  • September-May 2020 with 1 month off over winter break
  • 20 hrs per week (15 hrs in office, 5 remote)

Applications accepted on a rolling basis

Compensation
This position will be unpaid. Catholic Charities USA will work with the Fellow and their school to help them qualify for academic credits.

Qualifications

Qualifications

  • Junior or Senior Bachelors candidate, Masters candidate preferred, with an interest in impact investing, social enterprise, measurement & evaluation, non-profit management, business administration, or other related area;
  • Experience and/or interest in measurement and evaluation preferred;
  • Attention to detail;
  • Excellent verbal and written communication in English;
  • Proficiency in Microsoft Word, Power Point, and Excel;
  • Ability to think critically;
  • Excellent time management;
  • Ability to work well individually and within teams;
  • Comfort working in a multi-cultural environment;
  • Flexibility and patience.

To apply

Send a cover letter, resume, and contact information for three references to Evan Gill at egill@catholiccharitiesusa.org. Please write “(first name).(last name) – ImpInv Fellow” in the subject line. Only short-listed candidates will be contacted.

Please no calls.

Catholic Charities USA

Catholic Charities USA
The mission of Catholic Charities USA (CCUSA) is to provide services to people in need, to advocate for justice in social structures, and to call the entire church and other people of good will to do the same. Founded over a century ago, CCUSA is comprised of 160+ local members throughout the US. It has a set of strategic priorities including Affordable Housing, Social Enterprise Initiatives, Immigrant & Refugee Services, Integrated Health, Food & Nutrition, and Disaster Services. Learn more at: catholiccharitiesusa.org.