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As part of the GIIN’s mission to accelerate the scale and effectiveness of impact investing, we publish job openings from GIIN members and other impact investing leaders.

Manager, Portfolio Operations

at Ford Foundation in

About the Job

Ford Foundation is continuing to hire for all open roles with all interviewing and on-boarding done virtually due to COVID-19. Everyone new to the team, along with our current staff, will temporarily work from home until it is safe to our offices.

SUMMARY DESCRIPTION

The Manager, Portfolio Operations is a multi-faceted role spanning operational support for the foundation's Program Related Investment (PRI) and Mission Related Investment (MRI) funds.

Reporting to the Deputy Director of Mission Investments (MI), the Manager will partner seamlessly across the entire MI team and serve as the operational face of the team. They will serve as the MI touch point for internal partners such as Finance, Legal and Investments as well as for external partners and vendors.

The ideal candidate is a person of high integrity with a deep understanding of investment management and reporting, private equity in particular; works well with many different groups; genuinely enjoys tracking, reporting and synthesizing lots of data; and is a highly detail-oriented juggler of information that thrives in a start-up environment.

RESPONSIBILITIES

Portfolio Management

  • PRI Fund:
    • Serve as relationship point-of-contact for PRI portfolio
    • Manage third-party service relationships, including accounts receivable and payable functions, reporting, and modification and restructuring requests
    • Manage PRI quarterly loss reserve review and annual PRI meeting
  • PRI and MRI Fund:
    • Prepare and maintain impact and financial performance dashboards and reports
    • Manage investment databases
    • Manage industry surveys and other external requests for portfolio-level data
    • Manage workflow of investment approval and closing processes

Operations

  • Support oversight and development of written operating procedures describing: sources of information, workflow, responsible parties (primary and alternate), deliverables and timelines.
  • Liaise with internal operations, legal, finance, investments and technology teams to:
    • Ensure MI processes and controls minimize operational risks.
    • Manage MI technology requirements.
    • Manage vendor relationships to ensure the availability of external analytical support for investment decisions.
    • Verify performance measurement by third-parties, including benchmark calculations.
    • Oversee preparation of investment-related audit materials and coordinate with the Foundation’s Investment Accounting unit to ensure a smooth audit process.
    • Oversee production of investment reporting.
    • Ensure that the MI team fulfills all applicable compliance obligations under US and foreign laws and regulations.