Related: Uncategorized

Jobs at the Calvert Foundation

 
 

 

 

POSITION:              Senior Investment Officer, US Investments

REPORTS TO:          Portfolio Manager, US Investments          

DEPARTMENT:         Lending and Advisory Services

LOCATION: US- Maryland – Bethesda

 

Senior Investment Officer, US Investments

Job Description:

 

Calvert Foundation seeks a Senior Investment Officer to join its US investments team within the larger Lending & Advisory Services Department. The Senior Investment Officer will be responsible for the origination of new loans and the management of credit quality within the US portfolio. This portfolio is comprised primarily of Community Development Financial Institutions, Affordable Housing Developers and Lenders as well as direct business investments in social enterprises, affordable housing projects, and community facilities.

The Senior Investment Officer will also act as an advisor to the Manager of the Risk Management Department, the Portfolio Manager for US Investments, and the Vice President, Community Investment Partners, on strategies for portfolio expansion and penetration of new market segments.  The Senior Investment Officer is expected to serve as a deputy to the Portfolio Manager for US Investments and to fulfill his/her duties when he/she is absent or travelling.

 

Principal Duties and Responsibilities:

 

New Business Development and Portfolio Management

  • In conjunction with the US Portfolio Manager (PM) and as his/her deputy, manage the US  portfolio with the goal of maintaining high credit quality. Act as manager in the Portfolio Manager’s absence.
  • Manage and coordinate customer relationships with existing clients. Develop and monitor a pipeline of investment opportunities in this portfolio.
  • Structure and negotiate the terms and conditions of loans to new clients, including the development and execution of term sheets and the negotiation of complex deal terms. Oversee closing and disbursement process for loans in this portfolio.
  • Evaluate due diligence reviews, including financial analysis, and make recommendations for loans to prospective and current borrowers. For newer market segments, conduct due diligence reviews, including financial analysis, and make recommendations for loans to prospective and current borrowers. When necessary, conduct site visits to loan candidates.
  • Prepare and present investment recommendations for approval of new transactions, renewals and increases to existing borrowers to appropriate Investment Committees.
  • In conjunction with the Risk Management department, develop and present investment policies to Calvert Foundation’s Board Investment Committee.
  • Identify high risk loans and prepare written analysis for classified assets; re-structure troubled loans; and implement work-outs.
  • Provide guidance and input for internal reporting regarding the US portfolio. Design new portfolio reports for internal and external stakeholders.

 

Strategy and Partnership Development

  • Develop strategies for entering new markets and product/business lines and present strategies to Calvert Foundation senior management and Board Investment Committee for approval.
  • Develop partnerships with leaders in the impact investing industry for deal origination, syndication, and other sources of portfolio expansion. Market Calvert Foundation’s products and services to the US impact investing industries through attendance, presentations and networking at conferences and other venues.
  • Support the Portfolio Manager in fundraising for new initiatives and Calvert Foundation as a whole.

 

Advisory Services

  • In conjunction with the management team for Calvert Foundation’s Community Investment Partners (CIP) subsidiary, provide advisory services in the areas of portfolio design, pipeline development, and fund structuring for off-balance sheet asset management clients interested in US investing
  • Make recommendations for potential CIP client borrowers, act as liaison with borrowers and support the completion of the transaction process.

 

 

Qualifications, Skills and Required Experience:

 

  • Advanced degree in business, accounting and or finance; or equivalent experience
  • Significant experience in credit analysis and underwriting in a commercial or banking context
  • At least 5 to 7 years of experience in credit analysis of community facilities financing, CDFIs, affordable housing and affordable housing developers, and small business financing. Experience in the credit analysis of structured investment funds beneficial
  • Investment experience related to the following sectors is a plus: renewable energy, sustainable agriculture, education, health, water and sanitation and fair trade
  • Experience with loan restructuring, refinancing, and problem loan workouts beneficial but not required.
  • Experience with financial modeling beneficial, but not required.
  • Willingness to travel up to 20% of the time
  • Advanced knowledge of Microsoft Office Applications, especially Excel
  • Ability to work independently, multi-task and prioritize competing demands.
  • Excellent communication skills, internal and external
  • A “can-do” attitude, with strong problem solving skills and an entrepreneurial mindset
  • Willingness and ability to adapt to change in a dynamic work environment

 

About Calvert Foundation:

Calvert Foundation is a nonprofit organization that has pioneered a new type of investing that delivers a social and financial return. People invest in us through the Community Investment Note and then we invest in organizations around the world that empower people living in low-income communities.  Our capital finances affordable housing, micro-businesses, and essential community services. 

 

Calvert Foundation, an impact investment industry leader based in Bethesda, MD, has been named one of the top organizations changing the world by Fast Company. Our team consists of bright, energetic and talented people who have a passion for making a difference in the world by helping underserved communities. We offer an excellent benefits package that includes a transportation subsidy and more.

Comments:
Excellent benefit package that includes medical, dental, PTO & sick leave, life, 401(k), transportation subsidy, and more.
No phone calls please.
Interested Candidates should forward a resume to jobs@calvertfoundation.org with “Senior Investment Officer-US”  in the subject line or mail to Calvert Foundation at 7315 Wisconsin Avenue Suite 1100W, Bethesda, MD 20814.

 

 

 

 

 

POSITION:              Portfolio Associate, US Investments

REPORTS TO:          Portfolio Manager, US Investments          

DEPARTMENT:         Lending and Advisory Services

LOCATION: US- Maryland – Bethesda

 

Job Description:

 

Calvert Foundation seeks a Portfolio Associate to join its US investments team within the larger Lending & Advisory Services Department. The Portfolio Associate will support the US Investments team in the growth and management of the US portfolio. This portfolio is comprised primarily of Community Development Financial Institutions, Affordable Housing Developers and Lenders as well as direct business investments in social enterprises, affordable housing projects, and community facilities.

Principal Duties and Responsibilities:

 

 

  • A high performing associate is typically expected over time to manage a portfolio of investments, managing borrower relationships, evaluating loan requests, preparing and presenting investment recommendations for approval by the appropriate Investment Committee, and working with Risk Management on loan monitoring. 
  • Support US Investments team with financial and credit analysis of new investment opportunities.
  • Conduct impact sector-specific research and compilation of industry trends and market analysis to support new US Investments business and product development.  Sectors may include affordable housing, charter schools, community healthcare facilities, small business lending and other financial services, and sustainable agriculture and natural resources.
  • Manage borrower communications and respond to initial loan inquiries
  • Manage Investment Committees, including setting the meeting’s agenda, disseminating Investment Committee materials, and preparing minutes detailing Investment Committee’s decisions regarding the presented investment decisions.
  • Manage legal documents and closing process for borrowers in the Standard Portfolio loans and Community Investment Partners (CIP) loans

 

Qualifications, Skills and Required Experience:

  • A BA or BS in economics, business, accounting or finance; strong academic performance required.  Advanced degree and relevant work experience a plus.
  • Expert knowledge of Microsoft Word and Excel software
  • Knowledge of finance and accounting
  • Strong research, writing and communication skills
  • Ability to work independently, multi-task and prioritize competing demands.
  • Excellent communication skills, internal and external
  • A “can-do” attitude, with strong problem solving skills and an entrepreneurial mindset
  • Willingness and ability to adapt to change in a dynamic work environment
  • Passion and previous relevant experience in using investments as a tool in alleviating poverty

 

 

About Calvert Foundation:

Calvert Foundation is a nonprofit organization that has pioneered a new type of investing that delivers a social and financial return. People invest in us through the Community Investment Note and then we invest in organizations around the world that empower people living in low-income communities.  Our capital finances affordable housing, micro-businesses, and essential community services. 

 

Calvert Foundation, an impact investment industry leader based in Bethesda, MD, has been named one of the top organizations changing the world by Fast Company. Our team consists of bright, energetic and talented people who have a passion for making a difference in the world by helping underserved communities. We offer an excellent benefits package that includes a transportation subsidy and more.

 

Comments:
Excellent benefit package that includes medical, dental, PTO & sick leave, life, 401(k), transportation subsidy, and more.
No phone calls please.
Interested Candidates should forward a resume to jobs@calvertfoundation.org with “Portfolio Associate- US Investments”  in the subject line or mail to Calvert Foundation at 7315 Wisconsin Avenue Suite 1100W, Bethesda, MD 20814.

This entry was posted in Uncategorized. Bookmark the permalink.

Comments are closed.


Connect with Trinity:

Contact the School of Professional Studies at 202-884-9620 or by fax at 202-884-9632.
Interested in attending Trinity? Please visit our Office of Admissions.