Manager, Capital Strategies

Manager, Capital Strategies

Location

New York, NY (preferred) or Remote

Reports to

Director of Capital Strategies

At Common Future, we imagine a future where people, no matter their race or ethnicity, have power, choice, and ownership over the economy. Founded in 2001, we know that the ideas, models, and solutions that can restore community wealth already exist, they just require attention and investment. We work with hundreds of community leaders and funders through flexible initiatives that build inclusive economies. These initiatives are centered around shifting capital, uplifting local leaders, and advising the development of equitable economies. We are a 22 person organization (and growing). Our culture values equity, experimentation, continuous learning, collaboration, trust, and the wellbeing of our employees. Read more about us on our Medium page.  

Common Future (CF) seeks a mid-level manager to join our four person Capital Strategies and Advisory Services team. You will bring your professional, volunteer, and lived experiences focused on social good and influencing capital to our work to build inclusive economies. You will serve as a core contributor and support to the development and structuring of our pilot products and innovative initiatives, specifically around impact investment capital that has the potential to transform the field. You will operationalize our ongoing management and oversight of capital products, to ensure smooth execution and continuous learning and improvement, as well as play a lead role in cross-team collaboration to identify new and impactful potential ways to move capital equitably. You have high emotional intelligence, prioritize equity over equality, and are creative. You are a team player, have incredible attention to detail, and believe capital should be a force for good. You’re here to build, whether the blueprint exists or not. Current responsibilities will include, but are not limited to:

Bolster Capital Product and Initiative Ideation to Implementation (40%)

Map out and project manage the overall design and launch of inclusive impact investment products that center BIPOC communities and ecosystems in close collaboration with the Director of Capital Strategies. Generate and sort ideas for new products,  initiatives, and partnerships that support more equitable or investee-centric capital flows and historically marginalized stakeholders. Offer original insights from past experience and available data, as it relates to capital innovations, as well as help screen inbound opportunities for their viability and impact potential. Support other bodies of work related to the equitable allocation of capital, such as Advisory Services and Funder Learning, with similar ideation-to-implementation contributions and project management.  Communicate with both external and internal stakeholders clearly, concisely, and inclusively.  

Monitor and Evaluate Implementation of Capital Product/Initiatives (35%)

Project manage the implementation of capital products and initiatives. Remain responsive as new information develops and make recommendations for pivots or changes that increase their overall impact. Work with the Knowledge Management team and Capital Strategies Associate to observe, analyze and synthesize the successes and failures of capital products and initiatives post-launch, to ensure continuous learning and iteration of processes and offerings. Track ongoing project costs over time to ensure administrative efficiencies.

Research and Coordinate for Capital Strategies/Advisory Services (25%)

Drive cross-team collaboration at CF, as it relates to exploring new capital products or initiatives. For example, working with the Programs team and the Network to identify viable opportunities for capital intermediation.  Research and stay abreast of trends and initiatives in the “capital for good” sector, with the goal of supporting Advisory Services and other CF initiatives.

Support overall administration of the Capital Strategies team, such as dissemination of agendas, overseeing meeting logistics, tracking deliverables, and other tasks as needed.

Knowledge and familiarity with the fields of impact investing, community economic development,  and/or inclusive entrepreneurship General understanding or curiosity to learn about the broader economic, financial, and investment systems, as it relates to innovation around capital Experience working with marginalized communities, particularly in a partnership, collaboration, or co-designing capacity Demonstrated conviction and commitment to embedding and integrating social and racial justice throughout your work Experience managing multiple projects, concurrently, with diverse stakeholders required Some direct experience working with small businesses (technical assistance provider, capital access support, etc.) preferred Works well independently while being proactive in initiating cross-team collaboration Enjoy working in ambiguous situations; goal-oriented while operating with autonomy Strong analytical skills; able to conduct independent analysis, draw conclusions, and make concrete, actionable recommendations Great people skills and ability to cultivate strong relationships with diverse stakeholders  Entrepreneurial with a drive to support initiatives that have few, if any, precedents, in hopes of piloting better solutions to systemic problems Radically pragmatic in that you don’t let “the perfect be the enemy of the good” Thoughtful and able to offer constructive criticism of our current economic systems Empathetic

This is a full-time, exempt position. The salary range is $60,000 to $75,000  and commensurate with experience. Common Future offers a work environment that is committed to the wellbeing and support of our employees. We embrace a human-centered approach to our practices and policies. We offer a competitive benefits package that includes 

20-25 paid time off days 18 paid holidays, including a week off in the Spring and the Fall Remote and flexible work options Stipend for office supplies, work from home costs, and cell phone Paid medical, dental,  vision, and life insurance Paid long term disability coverage 4% retirement plan contribution that is immediately vested $500+ professional development stipend And more

As an Equal Opportunity Employer, Common Future does not discriminate against applicants or employees due to their race, ethnicity, religion, sexual orientation, gender, gender identity, age, physical ability, hairstyle, previous incarceration, or length of time spent unemployed. As an organization, we are committed to reflecting the diverse communities we serve. Applicants who contribute to this diversity are strongly encouraged to apply.

To apply, please submit your cover letter, resume, salary expectation, and up to 3 references here. 

In your cover letter, please answer the following questions with no more than 3-5 sentences or  bullet points per question: 

Why do you want to work at Common Future?  How might your experiences, whether lived, worked, or studied, contribute to the mission of Common Future and this role?  Anything else you would like us to know. 

Our ideal start date for this role is late September with interviews beginning in August 2021. Applications will be evaluated as they arrive and the position will remain open until filled. 

Job Posted on July 15, 2021