Director, Fund Investments

LISC is one of the country’s largest community development organizations, helping forge vibrant, resilient communities across America. LISC works with residents and partners to close gaps in health, wealth, and opportunity so that people and places can thrive. We do this by acting as a conduit for grants, loans and equity--and by providing technical assistance and capacity building--to locally rooted organizations that carry out the work in communities.

 

About Strategic Investments

The LISC Strategic Investments team leads the design, development, and deployment of impact investment funds in LISC’s local markets nationwide. Strategic Investments employs an “impact first” investment methodology that optimizes the impact on the communities we care about while achieving sustainable risk-adjusted returns for investors.

The unique power of LISCs local office presence combined with the strength of our national investment expertise is a powerful combination for creating real impact in the communities we serve. This network requires careful coordination between Strategic Investments, the LISC Local Offices, and other stakeholders within LISC. While many groups within the LISC organization support fund management activities, the Strategic Investments team is ultimately responsible for ensuring a successful track record for LISC’s off balance sheet fund investments.  Visit us at www.liscstrategicinvestments.org.                  

 

 ABOUT THIS ROLE

Are you a strategic community development finance professional with a passion for creating impactful investment strategies? LISC Strategic Investments is seeking a dynamic Director of Fund Investments to lead our national funds' investments efforts across diverse markets and investment products.

In this role, you'll be the driving force behind our national investments strategy, identifying and cultivating relationships with strategic partners and centers of influence to build a robust pipeline. You'll leverage your expertise to source, evaluate, and structure impactful deals that meet our geographic diversity, impact, and financial performance goals.

As the ideal candidate, you bring ten years of experience in community development finance, with a strong track record in originating, structuring, and closing complex transactions. Your deep knowledge of various financing products - from predevelopment to permanent loans, lines of credit, and tax credit equity - will be crucial as you assess complex transactions and guide them through our investment process.

You'll thrive in building and managing relationships with developers, borrowers, and internal stakeholders, ensuring our funds meet both community needs and investor expectations. Your ability to navigate multiple, complex transactions simultaneously while coordinating with various internal and external stakeholders will be key to your success.

This position offers the opportunity to:

• Create and implement innovative investments strategies for national funds
• Build a diverse pipeline of impactful investment opportunities
• Structure complex financial transactions that balance risk, return, and community impact
• Manage relationships with a broad network of partners and borrowers
• Contribute to the growth and impact of LISC SI's community development initiatives

 

ESSENTIAL DUTIES AND RESPONSIBILITIES

Origination Strategy Development and Pipeline Management (35%)

• Create a multifaceted investment strategy for national affordable housing and workforce housing funds that identifies strategic partners and centers of influence to maximize deployment to investments that are geographically diverse, deliver on impact, and meet risk and underwriting metrics
• Manage the tracking of the investment strategy with the Origination Team and Senior Director to ensure diligent follow up with strategic partners and centers of influence
• Provide regular feedback to Senior Leadership on effectiveness of investment strategy
• Edit and refine investment strategy as needed to meet investment goals
• Ensure investment targets are met based on risk, return, product type, deal size and geography
• Develop metrics for success to measure effectiveness of investment strategy
• Ensure coordination of outreach efforts between Strategic Investments and Local Offices

Deal Sourcing and Risk Assessment (30%)

• Identify and manage pipeline opportunities for funds managed by LISC Fund Management
• Assess transactional risk via evaluation of the sponsor, financial pro forma, market and other project related information provided by the borrower
• Ensure that opportunities meet the require