Associate, Workforce & Education Investments

About Us

Social Finance is a national nonprofit and registered investment adviser expanding economic opportunity in America. We bring government, philanthropy, and business leaders together to improve systems and put capital to work in new ways. Since our founding in 2011, we have mobilized more than $500 million to create measurable results in workforce and education, health, and housing.

We are driven by the belief that social and economic systems should enable all people to thrive, and the conviction that we can create the most meaningful and measurable change in our communities when governments and markets work together. Our organization is built upon five core values: people, performance, integrity, collaboration, and inclusion.

Our work spans four areas: Impact-first Investing, Workforce and Education Investments, Advisory & Public Sector Practice, and the Social Finance Institute. Our Impact-first Investment team designs, launches, and manages investments that provide solutions for effectively deploying impact capital across a range of social outcomes. Our Workforce and Education Investments team designs, launches and manages financial solutions focused on addressing workforce challenges, including skills acquisition and training access. Our Advisory team partners with government and philanthropy leaders to implement data-driven programs for advancing social impact. And through the Social Finance Institute, we aim to build the field and change systems through actionable research, communities of practice, and educational outreach.

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).

Review of applications will begin immediately. No phone calls, please.

Applicants must be permanently authorized to work in the United States on a full-time basis.

Please note that, at this time, to be in-person at a Social Finance office, client location or Social Finance-sponsored event, you must be fully vaccinated against COVID-19, including receiving a booster shot.

Social Finance, Inc. is an equal opportunity employer, and all qualified applicants will be afforded equal employment opportunities without discrimination because of actual or perceived race, color, national origin, sex, age, religion, creed, disability, marital status, citizenship, ancestry, personal appearance, sexual orientation, gender identity or expression, political affiliation, military status, status as a protected veteran, genetic information or any other legally protected status.

Social Finance is committed to providing an accessible and supportive work environment to ensure individuals are able to contribute at their best. We will discuss and provide reasonable accomm