Associate – Workforce & Education Investments

Role and Responsibilities

We are seeking an Associate to join our Workforce and Education Investments team. Associates are integral members of project teams and contribute actively to all phases of a project lifecycle (supporting new business development, designing a new fund or investment, managing active funds and investments) and perform a diverse set of functions, including: 

• Financial modeling, research, and data analysis to support fund design decisions, test hypotheses, and drive recommendations
• Sourcing and due diligence for new fund investments
• Data visualization and data dashboard creation to track portfolio performance and visualize trends
• AI tool and infrastructure development to help test and implement improved operational processes across funds
• Presentation material creation and delivery to share analysis, key findings and recommendations with both internal team and external partners
• Management of service provider partners to optimize operations and help achieve project outcomes
• Support of contract and governance document drafting
• Capital raise and investor management, as relevant
• Support of new business development efforts, including responses to Requests for Proposals, drafting of concept notes, and preparation for exploratory calls with prospective new clients
• Business-line and organization-level capacity-building initiatives, such as recruiting, professional development, knowledge management, fundraising, or other internal projects
• Support of team culture of well-being and belonging, and support of team members’ professional growth by providing real-time feedback

Qualifications

We are looking for entrepreneurial candidates with flexibility, aptitude and passion for our mission. Candidate requirements:

• 2-5 years of full-time professional experience with at least 2 years of transactional experience within impact investing, investment banking, private credit, venture capital, or private equity (demonstrated formal investment training is a plus) 
• Advanced experience in Excel and financial modeling; Advanced PowerPoint experience
• Strong analytical and quantitative skills, including experience or demonstrated capacity to learn data visualization programs (i.e., Power BI or Tableau) and statistical coding programs (i.e., R or Stata)
• Experience with AI tools or platforms in a professional setting (e.g. prompt engineering, AI-assisted workflows, or data infrastructure)
• Strong verbal and written communication skills
• Ability to quickly research, synthesize and summarize key takeaways on unfamiliar topics
• Ability to communicate and work closely with many types of partners across multiple sectors; willingness to constructively express your point of view and hear the point of view of others, both internally and externally
• Commitment to high-quality work and accuracy, with an ability to manage multiple and competing priorities simultaneously
• Capacity to work independently while contributing to team projects as appropriate
• Demonstrated interest in and knowledge of or willingness to learn about key issues in nonprofit management, social interventions, government services, and/or impact investing
• Ability to adapt and be flexible
• Commitment to enhancing a team culture of inclusion, belonging and equity
• Experience in or with the systems we seek to impact is preferable

Benefits

At Social Finance, we strive to deliver a benefits program that will enhance our overall value proposition to employees. Our current benefit offerings include:

• Comprehensive health care coverage: medical, dental and vision insurance; flexible spending accounts; Employee Healthy Actions programs and more
• Retirement savings plan with employer contribution
• Short-term, long-term and life insurance policies
• Commuter benefits and cell phone reimbursements
• Hybrid work model (in office a minimum of two days per week and on an ad-hoc basis as needed)
• Dedicated budgets for team building and employee recognition
• Annual budget for external professional development opportunities
• Mentorship and onboarding programs
• Collaborative and energizing workspaces in downtown Boston, San Francisco, Austin, Washington, D.C., and New York
• Paid vacation and paid holidays (with 12/24-1/1 off every year)
• Paid parental leave
• A truly stellar team of high performing, values-driven and fun (!) professionals

Salary

Social Finance uses a lockstep compensation model for purposes of equity and transparency - we strive for everyone coming in at a given level to be paid equitably. For this position, at the Associate level, the starting base salary is $81,000; however, during the interview process, we will take into account a candidate's full work experience and may adjust the job title, and commensurate starting salary, as appropriate. If joining our San Francisco office, this hire would receive an additional $1,000 for every month they are residing in the state of California within a commutable distance of our office in San Francisco.

At this level, employees typically receive a $2,500 salary increase annually and are eligible to participate in our firmwide annual bonus program (bonuses are typically between 5-10%, though bonuses are not guaranteed and are dependent on both organizational and individual performance).