Job Title: MANAGER, PORTFOLIO
TEAM
Organization: New Profit, Inc.
Location:
Salary:
FT Regular
Job Description:
NEW PROFIT
Since 1998, New Profit has helped a portfolio of social entrepreneurs build
world-class organizations and scale their social impact. New Profit
believes that just as entrepreneurship and invention have enabled our nation
to create a productive, vibrant economy, so too can we harness
spirit of innovation, vision, and optimism to help solve our most pressing
social problems.
With the support of individual investors and our signature partner, Monitor
Group, New Profit provides multi-year financial and strategic support to a
portfolio of social entrepreneurs working in education, workforce
development, health care, and other areas. In addition, we bring together
social innovators from across sectors at the annual Gathering of Leaders,
and also drive other initiatives to release the potential of social
entrepreneurship. Included among these is America Forward, a coalition of
more than 60 social entrepreneurs and high-impact organizations that have
come together to present presidential candidates and policymakers with a new
and transformative way to solve the difficult social problems facing our
nation.
POSITION OVERVIEW
A key member of the Portfolio Team, the Manager will oversee New Profits
due diligence activities, work with New Profit partners to support strategic
initiatives inside of portfolio organizations, and support New Profit
partners in the creation of frameworks and tools to codify knowledge and
best practices. The Manager, Portfolio Team will assist with the
improvement and evolution of the tools and processes which comprise New
Profits portfolio management system. As part of the New Profit
team,
this position plays an important role in supporting fundraising, network
management, and enterprise management goals and objectives. The Manager
reports to a New Profit Partner and will manage at least one Analyst.
Responsibilities include but are not limited to:
Portfolio Investment Selection: Manage Analysts and work with Partners to
develop a strong, robust pipeline of potential portfolio organizations;
oversee due diligence activities to assess the attractiveness of candidate
organizations as new portfolio investments and ensure a consistent, high
quality due diligence process.
Portfolio Support: Work with New Profit Partners to develop a concrete
plan for addressing specific challenges faced by portfolio organizations and
execute against this plan; respond to and support portfolio organizations
as new opportunities and challenges arise; facilitate the portfolio
organizations ability to access all New Profit resources, including best
practices, research, and networks for recruiting and fundraising.
Evaluation and Assessment: Contribute to the on-going improvement of New
Profits portfolio management services and system; capture best practices
and lessons learned in portfolio work; contribute to the development of new
frameworks and tools to codify New Profits knowledge and practices.
Organizational Leadership: Work collaboratively with the New Profit team
to ensure continued growth and improvement within the organization through
strategic planning, fund development, and operational effectiveness.
QUALIFICATIONS
The ideal candidate for this position will have the following qualifications
and characteristics:
At least 5 years of relevant professional experience; experience in the
nonprofit sector, management consulting, and/or venture capital preferred
Strong analytical skills in order to quickly assess situations, identify
trends, develop solutions, and apply learnings to the
larger context
Demonstrated passion for and commitment to New Profits mission and
vision
Ability to manage multiple and changing priorities in an entrepreneurial
environment
Collaborative team player who is willing to go above and beyond their job
description for the success of New Profit and its portfolio organizations
Excellent verbal and written communication skills, with the ability to
represent New Profit and portfolio organizations in a professional,
engaging, and dynamic manner
Relentless customer orientation, with the ability to consistently support
New Profits mission and philosophy
Bachelors degree required; advanced degree in business strongly
preferred
How to Apply:
TO APPLY
Please upload a resume and thoughtful cover letter, outlining how your
skills and experience meet the qualifications of the position and stating
how you heard about this opportunity, both in Word format and addressed to
Sarah Di Troia, at Manager, Portfolio Team.
Applications will be reviewed
on a rolling basis.
New Profit offers a competitive salary and benefits, commensurate with
experience and skills.
New Profit is an equal opportunity employer.
About Commongood Careers: New Profit, Inc. has
partnered with Commongood
Careers to conduct the search for a Manager, Portfolio Team. Commongood
Careers is a nonprofit search service that connects talented individuals to
organizations that are dedicated to creating positive social change. Founded
and staffed by nonprofit professionals, Commongood
Careers offers
personalized, engaged services to jobseekers and organizations throughout
the hiring process, as well as access to a wealth of knowledge about
nonprofit careers. Learn more about nonprofit jobs at Commongood
Careers.
Organization Web Site:
Email replies to: apply@cgcareers.org