Investment Officer

Open Road Alliance
  • Location
    Washington, D.C.
  • Sector
    Non Profit
  • Experience
    Mid Career
  • Posted
    Jan 10

Position description

Compensation & Benefits
This is a full-time, salaried position with comprehensive medical, retirement, and other benefits. Budgeted salary range for this position is $65,000-80,000 with final offer to be based on the individual candidate’s qualifications and experience. A bonus structure may also be included at Management’s discretion.


Candidate Profile
We are looking for a mid-level professional to help source, vet, recommend, and manage Open Road’s core investment portfolio. The ideal candidate will have 4-6 years experience managing a loan portfolio or other finance experience and a proven interest in the philanthropic space. The ideal candidate will be confident, self-motivated, organized, and eager to join our passionate, impact-driven, and humor-loving team.


About Open Road
Open Road Alliance is a private philanthropic initiative that provides grants and loans to fill a market demand for fast, flexible contingency funding.

The world is unpredictable – from delays in committed funding to government policy changes, good organizations can run into a cash flow crunch out of no fault of their own. To address this funding gap, grants and loans from Open Road do not operate on a traditional grant or investment cycle. Proposals are accepted on a rolling basis throughout the year and the application itself is a concise, three-step process: an initial conversation, short written application, and final interview. Both grant and loan applications are subject to a strict criteria focused on supporting mid-implementation projects that encounter an unexpected roadblock. We have no sector or geography focus – our focus is to keep impact on track. This approach ensures that the impact of the original project preserves the ROI of the original funder’s investment, and generates significant leverage for Open Road.

In addition to its portfolio of investments, Open Road conducts research, develops tools, and generates data on best practices for risk management in philanthropy. By disseminating learnings around risk management and advocating for the adoption of best practices, Open Road is working to make risk management as commonplace in philanthropy as monitoring and evaluation so that the impact of philanthropic investments is maximized across the sector.

Position Summary
​​​​​​​The Investment Officer will be an integral member of the Social Investments team, specifically responsible for building out Open Road’s post-investment portfolio management processes. These processes include monitoring, evaluation, and relationship-management. The Investment Officer will also contribute to portfolio origination and pipeline management. Open Road’s primary portfolio is comprised of lowinterest loans, with a smaller portfolio for charitable and recoverable grants. To successfully manage these portfolios, the Investment Officer will have financial structuring experience, a deep knowledge of the social sector, a strong commitment to the mission of Open Road, experience working with financial products and a knack for excellent customer service. Since Open Road is a philanthropic investor, portfolio success is evaluated in terms of social and financial indicators, including assessing social impact and other non-financial criteria. This position will report to the Director of Social Investments.

Open Road is a “21st Century” work environment and does not operate out of a fixed office. This position will ideally be based in Washington DC, to enable regular in-person meetings with other Open Road staff.

Position Responsibilities
Portfolio Origination – Intake and Outreach

• Maintain a robust pipeline of potential investments through proactive sourcing of potential grantees and borrowers
• Regularly speak with potential applicants and referrals to explain the investment strategy and criteria of Open Road
• Shepherd potential applicants through the due diligence process including: conduct initial conversation, provide feedback on draft applications, conduct reference checks, coordinate final interviews, prepare briefings for investment team, participate in all aspects of vetting, and make investment recommendations.
• For loans, analyze financial statements, structure transaction and negotiation of key terms, including term sheets and loan agreements.
• Conduct research and compile briefings on prospective grantee/borrower organizations, foundation and impact investing partners, and other topics, as needed
• Act as backstop to Director of Social Investments as needed

Portfolio Management
Lead post-investment/grant portfolio management for Social Investments team, including:
• Serve as the primary point of contact for portion of grantee/borrowers and potential grantee relations, maintaining an open line of communication with partners at all times
• Act as relationship manager once grant or loan has been made, checking in with partners on a quarterly basis,
• Develop information sharing protocols for SI team on active portfolio,
• Monitor and manage repayment process for all loans, including flagging any potential credit issues and proposing restructures to Director of Social Investments,
• In conjunction with Portfolio Administrator, manage reporting on the portfolio including monthly reports in Excel and Tableau.
• Proactively develop knowledge resources and thought leadership, including preparing investment updates, identifying best practices across the portfolio, and documenting learnings to be shared within Open Road and externally
• Portfolio Analysis, including: sector/market analysis; organization/ borrower analysis (including credit analysis financials and financial modelling); macro-economic analysis.


• Bachelor’s degree required; master’s degree in relevant field a plus though not required
• Four to six years of work experience, preferably in impact investing, finance, philanthropy, and/or consulting
 Strong analytical and quantitative skills; , including ability to identify and assess risk and analyze and understand complex financing structures. Comfort with financial statements and corporate finance required.
• Project management-related or analogous experience preferred
• Strong interpersonal and communication skills (oral and written)
• Ability to work on multiple opportunities across products and sectors while working to deadlines and managing time effectively;
• Highly proficient with Microsoft Office applications, specifically Excel for financial modeling
• As a member of a small team, a flexible and “hands on” approach is a prerequisite;

Skills, Abilities, and Personal Characteristics
• Exceptional critical thinker that is hungry to learn;
• Excellent written and verbal communication skills
• Excellent attention to detail, time management and organizational skills
• Highly communicative, proactive approach
• Very strong ability to self-manage in remote work environments;
• Proven ability to successfully work with a team of stakeholders based in various locations;
• Reliable and deadline-driven
• Humble and compassionate
• Good sense of humor;
• Absolute and unquestioned integrity

Position Location & Travel:
This position will ideally be based in Washington DC. Candidates based in the greater NYC area may also be considered. Must be able and willing to travel domestically up to 10% for in-person meetings, conferences, and/or other events.


Application instructions

Email résumé and cover letter by clicking below
• Ensure the subject states “Investment Officer—[YOUR NAME]”
• Ensure the body of the email indicates you found the postiion on 
• Successful candidates will be contacted for an interview. Please allow up to two weeks to be contacted. We regret that we are not in a position to personally respond to all applicants.

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