Impact-First Investments Officer

Starting salary range: $110,733–$118,450 annually ($4,258.96–$4,555.76 biweekly). Full-time, exempt, salaried position. In-office for the first 100 days (five days per week); afterward, two remote days allowed, with mandatory in-office Tuesdays and Wednesdays. Only applicants who reside in California and submit a cover letter will be considered.

About the role

The Impact-First Investments Officer is a member of the Finance team, reporting to the Senior Vice President of Investments, and plays a key role in implementing California Community Foundation’s impact-first investment strategy by managing the sourcing, evaluation, execution, and ongoing administration of impact-first investments. This position exercises independent judgment in executing complex transactions, developing investment recommendations, identifying risks, and managing investments throughout their lifecycle, while recommending process improvements and serving as a subject-matter resource on the Foundation’s Impact-First investment program.

Responsibilities

• Serve as the primary point of contact for organizations seeking impact-first investments, directing intake and preliminary review of direct loans, loan guarantees, loan-fund participations, and direct equity or venture-capital investments.
• Maintain the investment pipeline, tracking opportunities from initial inquiry through closing and ensuring they are routed through established review and approval processes.
• Partner with the Impact Team and the Foundation’s investment consultant to evaluate strategic alignment, financial feasibility, risk, and proposed investment structures.
• Oversee due-diligence materials and checklists, and prepare or direct the preparation of investment memoranda, summaries, and Investment Committee materials.
• Serve as project manager for investments throughout due diligence, developing transaction timelines and facilitating discussions among borrowers, consultants, legal counsel, and Foundation staff to advance deals.
• Oversee investment and loan documentation, closing requirements, and the funding process for approved investments, liaising with Finance and other internal departments.
• Monitor portfolio performance, maintain accurate records, and manage invoicing, repayment schedules, and covenant reporting for the impact-first investment portfolio.
• Evaluate amendment, waiver, or restructuring requests and develop recommendations for senior leadership.
• Attend Investment Committee meetings, oversee logistics and minutes, and independently track and implement follow-up actions.
• Serve as the primary relationship manager for borrowers, investees, and prospective applicants, and as the internal resource for colleagues on impact-first investments.
• Prepare periodic reports on pipeline activity and portfolio performance, and support policy, process, and workflow improvements for the impact-first investment program.

Requirements

• Bachelor’s degree in Finance, Economics, Business Administration, Nonprofit Management, Public Policy, or a related field.
• Five or more years of progressively responsible experience in community-development finance, impact investing, program-related investing, commercial lending, nonprofit finance, investment operations, philanthropy, or a related field.
• Experience managing complex projects involving multiple stakeholders, with strong organizational and project-management skills and exceptional attention to detail.
• Ability to manage multiple transactions simultaneously while meeting deadlines.
• Experience working with investment documentation, loan agreements, or legal documents.
• Excellent written and verbal communication skills, with strong analytical and problem-solving abilities.
• Proficiency with Microsoft Office applications, particularly Excel and Word; experience with Workday is a plus.
• Clear and compelling communicator, able to interact confidently with diverse audiences including donors, Board members, and nonprofit and community groups.

Skills & Abilities

• Strong analytical and problem-solving skills, with a systems-thinking approach to finding solutions from multiple data points.
• Intellectual curiosity and initiative, proactively seeking out solutions and applying innovative, community-centered approaches to challenges.
• Ability to facilitate meetings and group processes for fact-finding, decision-making, peer learning, and problem solving.
• Excellent writing skills, with the ability to produce clear, concise analyses and narratives, and to comfortably present to diverse audiences.
• Ability to make well-reasoned decisions in the organization’s best interest, working collaboratively and effectively with individuals of diverse backgrounds.
• Strong computer proficiency, including mastery of the Microsoft Office suite and familiarity with database software, with a willingness to learn new tools and systems.
• Excellent organizational skills and attention to detail, with the ability to implement and manage multiple projects and adjust to shifting demands.
• Demonstrated ability to implement, conduct, monitor, and evaluate initiatives involving numerous partners.
• Ability to work well independently and as part of a team, taking initiative and following tasks through to completion.
• Genuine commitment to confidentiality, sensitivity, and connecting the Foundation’s resources to community impact.

Benefits

• Medical, dental, and vision insurance provided at no cost for all full-time staff.
• CCF contributes 10% of all full-time employees’ salaries into a 403(b) retirement plan.
• Subsidized monthly transit passes for staff who commute via public transportation.
• Assortment of snacks available in break rooms and an on-site fitness center.
• After one year of service, full-time employees are eligible for tuition reimbursement of up to $15,000 for higher education.
• Student-loan repayment program of $100 per month for all full-time employees after one year of service.

Schedule

In-office for the first 100 days (five days per week). Afterward, two remote days allowed, with mandatory in-office Tuesdays and Wednesdays.

Pay

$110,733–$118,450 annually ($4,258.96–$4,555.76 biweekly).