Job description
Full-Time
Reports to: Managing Director of Investment Research
Salary Range: $110,000-$130,000
Location: This can be a remote work position; applicants can be based anywhere in the US and must be eligible to work in the US. A New England home base is preferred but not required.
Clean Yield is a small investment management firm that uses the tools of investment to promote a more just, inclusive, and sustainable world. Since 1984, we have served progressive investors to meet their financial goals through investments that reflect their values. We build custom portfolios that actively channel dollars to investments that meet Clean Yield’s environmental and social criteria and engage with companies we invest in to push for change in the areas of equity and inclusion, racial justice, climate change, democracy, and reproductive rights. We also direct capital to small and growing companies with outsized impact, as well as to a range of community investment funds. We are committed to the belief that capital can be a force for good. Clean Yield is a certified B Corp and Vermont State Benefit Corp.
The Director of Impact Investment Research should have strong research and analytical skills with experience in researching Impact and Financial performance of public and private market Impact investments. The Director of Impact Investment Research will work closely with the Managing Director of Investment Research to identify, evaluate, and monitor investment opportunities aligned with Clean Yield’s mission of using investments to drive positive social and environmental change.
Responsibilities:
- Identify emerging trends and opportunities in the alternative and community investment space that align with Clean Yield’s impact priorities.
- Perform financial and impact due diligence on potential private investment opportunities, including community loan funds, private investment funds, and direct private placements. Potential to include publicly traded debt instruments as well.
- Build and maintain relationships with clients and investors.
- Prepare investment memos and recommendations for presentation to the investment committee, along with similar content for clients.
- Work with operations team to track and monitor the performance of existing impact investments, including financial returns, liquidity, and social/environmental impact metrics, ensuring compliance with terms and alignment with Clean Yield’s impact goals.
- Assist with quarterly and annual portfolio reviews to evaluate investment performance and alignment with Clean Yield’s objectives.
- Maintain accurate and up-to-date records of investments and collaborate with the team to prepare client-facing impact reports summarizing financial and social/environmental performance.
Qualifications:
- 3-5 years experience in Impact Investment analysis.
- A demonstrated commitment to environmental and social justice issues and alignment with Clean Yield’s mission of using the tools of investing for good.
- Experience with or ability to build and maintain professional relationships. Prior experience managing a portfolio is not required.
- Clear and concise writing skills.
- Strong time management skills
- Attention to detail, thoroughness, and accuracy.
- Intellectual curiosity.
- Success working with teams – ideally including remote teams.
- Strong Microsoft Excel skills.
- Familiarity with Microsoft Office is preferred.
- An understanding of the importance of and a commitment to managing the compliance, security, and privacy concerns involved in working with personal and financial data.
Working Hours: Full time.
Reporting Structure: This role will report to the Managing Director of Investment Research
Compensation: $110,000-$130,000
Benefits:
We believe that one’s work should contribute to a well-rounded life but should not define it. We offer a range of benefits, including remote work (employees can work from anywhere in the US), flexible scheduling (employees can set their own schedule as long as they are available for a few set meetings a week), generous healthcare and retirement benefits, and a fitness reimbursement program.
Benefits include:
- 100% employer-covered health insurance, including family coverage
- 401K Plan with 4% employer contribution (employees are not required to contribute)
- Short-term/long-term Disability
- Professional development - Clean Yield may reimburse job-related course work or certification or pay for books or to attend conferences.
- Paid time off - Clean Yield offers 21 days per year of vacation time to full-time employees. This increases to 25 days after 4 years with the organization. Sick days are unlimited and not accrued.
- Paid family leave - Clean Yield offers 12 weeks of paid parental leave.
- Fitness expense reimbursement up to $1,500 per year
- Paid time off for volunteering
Requirements:
This can be a remote work position; applicants can be based anywhere in the US and must be eligible to work in the US. A New England home base is preferred but not required.
Travel:
Some travel will be required. This will include visiting the Clean Yield office in Norwich, VT (if working remotely), attending Clean Yield’s periodic staff retreats or industry conferences, or visiting Impact Investments. We anticipate that travel could be as frequent as 4-6 times per year for 2-3 days each trip. We recognize that travel can present difficulties for some people and are happy to accommodate individual circumstances when possible.
About Clean Yield:
Clean Yield is an SEC-registered investment advisory firm working exclusively with social investors. Since our founding in 1984, our goal has been to invest to promote a sustainable society while achieving competitive financial returns. Our hallmark is working closely with our clients to ensure that we are responsive to their unique financial requirements and personal values.
Clean Yield Asset Management is committed to providing equal employment opportunities to all persons regardless of race, color, class, religion, sex (including pregnancy, gender identity, and sexual orientation), family status, national origin, age, disability, or genetic information. Women and candidates of color are especially encouraged to apply.
We value diversity and strive to be an organization that is both equitable and inclusive. We recognize the harm that our industry, financial services, has caused and continues to cause to Black people and marginalized communities. We are also aware of the ways we have benefited from unearned privilege. We seek to repair these harms and use our influence to deconstruct racist systems. We believe that we can be most successful in our work when more diverse voices and viewpoints are a thriving part of our team. We are actively seeking to build a workplace that includes and values people from traditionally marginalized communities.
This search is being led by NRG Consulting Group. Please reach out to [email protected] with any questions.
