The Rockefeller Foundation Program Associate, Innovative Finance

The Rockefeller Foundation

We are looking for a Program Associate, Innovative Finance to support the key initiatives of the Foundation by identifying and supporting the next generation of investment mechanisms for attracting, and improving the efficiency of private sector capital flows for addressing the world’s most critical challenges impacting the poor and vulnerable.

As Program Associate for Innovative Finance, you will play a critical role in executing the Innovative Finance strategy while also supporting other key initiatives at the Foundation more broadly. Reporting to the Associate Director for Innovative Finance, and working closely with the Managing Director for Innovation, you will help the team to identify and support the next generation of investment mechanisms for attracting, and improving the efficiency of private sector capital flows for addressing the world’s most critical challenges impacting the poor and vulnerable. The Innovative Finance team is focused on supporting early stage ideas through grant funding with a potential for outsized impact. This is a three year fixed-term position.

This position offers a rare opportunity to work on cutting-edge ideas in innovative finance to drive impact and offers strong opportunities for professional growth. The role will generate functional experience in innovative finance, as well as experience in venture philanthropy, strategy-setting and execution. The work will be fast-paced, often ambiguous, and spread across multiple and diverse projects simultaneously. The successful candidate will need to blend flexibility with disciplined execution in their work approach in order to manage competing demands and deliver high quality work.

You are the right fit for this role if you have a passion for the intersection between finance and social impact, an entrepreneurial spirit, strategic mindset, and ability to work efficiently in a fast-moving environment. You also bring excellent interpersonal abilities complemented with strong skills of analysis, judgment, and practical sense to make things happen.

Responsibilities include, but are not limited to:
Grant Sourcing and Due Diligence
Identify new trends and developments across the field of innovative finance and impact investing
Build relationships with potential grantees through conferences and targeted outreach
Identify and consult with technical experts to evaluate grant proposals and/or areas of potential intervention
Conduct quantitative and qualitative industry/sector analyses to inform learning and decision-making. This could include (but is not limited to) landscaping and market-sizing analyses, impact modeling, and options analyses
Support the generation of intelligence for decision-making on specific grants by the team (i.e., production of synthesis documents for internal deliberation and decision making)
Draft and collect internal documents for RF approval process
Grant management
Support grantees with request for input from the Foundation
Review grantee reports, commenting on grantee reports and other deliverables/products of Rockefeller Foundation supported work
Analytical skills to break down complex problems into component parts in order to better understand underlying patterns and dynamics in complex systems
Experience with hypothesis-driven problem solving; comfort pushing through ambiguity
Ability to research, synthesize, and integrate disparate pieces of data, analysis, and information
Comfort working with, deriving insights from, and communicating about both qualitative and quantitative data
Entrepreneurial mindset to spot opportunities and initiate action, and strategic mindset to spot critical issues, leverage points, and required choices
Basic knowledge and broad curiosity about issues that the Foundation seeks to positively impact
Ability to multi-task and experience dynamically setting work priorities among competing needs; comfort with a changing work environment
Ability to build informal working relationships, quickly establish credibility in new areas of work, and mobilize people at all levels towards collaborative goals (including more senior colleagues)
Excellent communication skills to convey complex information appropriately to stakeholders with different backgrounds and needs, both oral and written
Exceptional commitment to accuracy and attention to detail
High level of self-confidence with a direct, honest, respectful, and empathetic approach and ability to effectively provide and receive feedback
An interest in and sensitivity to working with and in diverse cultures
Communication: Excellent interpersonal abilities; good listening skills; excellent writing and verbal skills; assertiveness in presenting ideas
Decision-Making: Ability to work independently while evaluating risks and opportunities; uses analytical and problem-solving skills; takes initiative and drives for results; able to prioritize
Execution: Strong project management skills; meets deadlines; sense of urgency and responsibility; ability to multi-task and work under pressure; detail oriented
Integration: Accesses functional and substantive expertise organizationally; demonstrates inclusiveness, collaboration
Leadership: Thinks innovatively and creatively; displays negotiation skills
Partnership and Relationship Building: Strong professional representation of the Foundation, interpersonal abilities, intercultural knowledge and appreciation, strategic partnership building
Strategic Ability: Anticipates future opportunities and consequences, demonstrates innovative approach to work, ability to organize chaos into coherent plan
Flexibility: Can operate within a collaborative working culture, comfortable with uncertainty, as well as quick acceleration of project development when needed
Expertise: Solid background in finance and/or impact investing
Education, Training and Experience
4-6 years relevant work experience, private sector experienced is preferred (finance, consulting, impact investing, VC)
Proven track-record of top performance and value-added contribution to project teams
Graduate degree in relevant discipline
Foreign languages a plus, but not necessary
Computer proficiency in: MS Word, Excel, Outlook, Internet search skills, PowerPoint, and ability to learn new applications quickly

The Rockefeller Foundation offers a competitive salary commensurate with experience. The Foundation provides a very generous package of benefits.


Organization Overview

For more than 100 years, The Rockefeller Foundation’s mission has been to promote the well-being of humanity throughout the world. Today, The Rockefeller Foundation pursues this mission through dual goals: advancing inclusive economies that expand opportunities for more broadly shared prosperity, and building resilience by helping people, communities and institutions prepare for, withstand, and emerge stronger from acute shocks and chronic stresses. To achieve these goals, The Rockefeller Foundation works at the intersection of four focus areas – advance health, revalue ecosystems, secure livelihoods, and transform cities – to address the root causes of emerging challenges and create systemic change. Together with partners and grantees, The Rockefeller Foundation strives to catalyze and scale transformative innovations that create unlikely partnerships that span sectors. The Foundation currently maintains offices in New York, Bangkok and Nairobi, and a study and conference center in Bellagio, Italy.

The Rockefeller Foundation is committed to the principles of equal employment opportunity and to compliance with all federal, state, and local laws concerning employment discrimination, including the Americans with Disabilities Act. To this end, the Foundation ensures equal opportunity to all employees and applicants regardless of race, color, age, gender, sexual orientation, religion, marital status, national origin or ancestry, citizenship, lawful alien status, physical, mental, and medical disability, veteran status or liability for service in the United States Armed Forces.

This material is cross-posted from the Peace and Collaborative Development Network, and appears to be an interesting opportunity for the Humphrey community.   This is meant for information sharing purposes only. 
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