Headquartered in Philadelphia, Reinvestment Fund operates nationally with regional offices in Baltimore, MD, and Atlanta, GA. Reinvestment Fund is a national mission-driven financial institution that creates opportunity for underserved people and places through partnerships. We marshal the capital, analytics, and expertise necessary to build strong, healthy, and more equitable communities.
As a federally certified community development financial institution (CDFI), our job is to make finance an agent of positive change and equitable growth. We provide loans, grants and technical assistance to businesses and nonprofits. Our borrowers and grantees educate students, support local economies, and create jobs. They build affordable housing and provide community goods and services that include access to nutritious food, hunger relief, physical and mental health care, and other social services.
At Reinvestment Fund, you’ll be part of a talented and passionate team of communicators and business development staff, lenders, portfolio managers, analysts, grant program managers, accountants, and policy researchers who bring their unique talents to our mission.
Reinvestment Fund is currently undergoing a multi-year race, equity, and inclusion organizational change process, and we are seeking candidates who share a commitment to advancing racial equity and anti-racism and are prepared to engage in that work.
Reinvestment Fund is maintaining a 100% remote work environment through at least January 1, 2021 due to COVID. Hybrid and remote work options will continue to be available to staff in coordination with managers and consideration of the needs of each position. We have offices in Philadelphia, Baltimore, and Atlanta.
Fundraising is critical to Reinvestment Fund’s ability to achieve our mission. Impact investments, grants, and donations help us innovate, take risks, lower costs for our borrowers, and provide grants to impactful community businesses and organizations. The Associate reports to the Director of Development and will write and project manage grant applications and other communications to private foundations, corporate funders, and government sources. The associate is also the primary point of contact for Reinvestment Fund’s individual impact investors and donors.
Fundraising communications – 60%-70%
Ideal candidates will have a strong writing background and editorial mindset. We are looking for communicators who can create compelling narratives and visual presentations that convey the strength of our organization and impact of our work. The Associate will contribute to:
- Grant proposals and LOIs (including creation of budget documents, timelines, logic models)
- Emails, letters, and other updates to individual donors and investors
- Slide deck presentations to prospective investors and funders
- Borrower success stories
- Brochures and website content
- Annual report and newsletter stories
Investor relations/management – 20%-30%
The Associate is the face of the organization to our portfolio of 600 promissory note investors. These include individuals, religious institutions, financial institutions, nonprofits and other organizations whose impact investments are part of our core loan fund. Responsibilities include:
- Managing the annual investor communications calendar
- Ensuring timely communications and responses to inquiries from prospective and current investors.
- Correspondence with investors by phone, email, and mail
- Helping to organize, set the agenda, and develop content for investor events, including webinars and online meetings, as well as in-person events once these are safe to resume
- Supporting systems development and implementation, including CRM and integrations with other platforms.
Fundraising administration – 10%
The Associate will also provide administrative support for investor and fundraising processes. These include:
- Proposal timeline management and submission
- Database maintenance (grants and investors)
- Donor acknowledgement letters
- Generating reports on donors, investors, and other fundraising
- Maintaining templates and document libraries
Skills & Qualifications
- Project and Timeline Management: Ability to organize colleagues across departments to meet deadlines and complete projects efficiently and effectively. Manage multiple overlapping project timelines. Problem solving orientation and solution mindset.
- Writing and Communications: Strong persuasive writing skills. Ability to edit and proofread with attention to grammar, accuracy, and consistency. Basic research skills and ability to use data and visualizations to augment written narrative. Background in grant writing or other fundraising preferred. Strong writers with transferable experience will be considered.
- Systems Orientation: Comfort with using multiple database systems. Ability to input, manage, organize, or provide reports on Reinvestment Fund’s investors, customers, projects, or outcomes.
- Mission: Demonstrated interest in or experience with one or more of Reinvestment Fund’s program areas including food systems, community development, sustainability, or education. Familiarity with financial analysis, lending, loan structuring a plus, or willingness to receive training on the job.
- At least 5 years relevant experience preferred.
- Proficient in MS Office – Word, Excel, Powerpoint. Familiarity with Salesforce, Mailchimp, WordPress, or other CRM, email marketing, and website platforms a plus.
Compensation and Benefits:
Reinvestment Fund offers a competitive salary based on experience and skills, as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) savings plan with employer match, flexible spending accounts (medical, dependent care and transportation), tuition reimbursement, paid time off, and EAP program.
Please complete the online application and attach your resume and a cover letter.
Reinvestment Fund uses E-Verify to validate all new hires’ ability to legally work in the United States. Reinvestment Fund is an Equal Opportunity Employer. We do not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disability, or status as a veteran. Reinvestment Fund is committed to diversity, equity and inclusion (DEI) throughout our Organization and in our external investment practices.
Reinvestment Fund, Inc. has an affiliate, RF Impact Advisers, Inc. (“RFIA”) that is a state-registered investment adviser. In order to advance compliance with and prevent violations of federal and state securities laws and to avoid even the appearance of a conflict of interest, RFIA has adopted a Code of Ethics to govern certain conduct of its staff, including certain staff of Reinvestment Fund because Reinvestment Fund is an advisory affiliate of RFIA. As part of this Code of Ethics, there are specific personal reporting and other requirements and disclosures of personal financial and/or securities transactions information. For certain individuals this reporting will extend to your household members. You may be subject to a background check.Apply For Position