Impact Investing Portfolio Management Vice President
Charlotte, North Carolina, United States · Hybrid
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Senior$3.6B raised
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Impact Investing Portfolio Management Vice President
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$107k–$161k/yr
Full-time
bachelor degree
Medical coverage, Dental coverage, Vision coverage, 401(k), Life insurance, Accident insurance
Posted 12d ago
Apply by Sep 27
~40 hrs/week
Responsibilities
Manage a portfolio of impact investments by monitoring company performance, tracking financial results, and conducting impact measurement. Support follow-on investment opportunities and lead internal partner engagement on governance and operational matters.
Requirements
Requires 4-5+ years of experience in investment banking, venture capital, or strategy consulting with a strong understanding of finance. A bachelor's degree is required, and candidates should demonstrate a commitment to impact investing and strong analytical capabilities.
Full job description
We are seeking a Vice President to join the Citi Impact Fund team in a portfolio management role. The $500 million Citi Impact Fund was launched in 2020, born out of the belief that venture capital investing and market based solutions could play a meaningful role in advancing opportunity for economically vulnerable communities. We make direct equity investments in "double-bottom line" U.S.-based start-ups that are leveraging technology and applying innovative solutions to help address some of society's most pressing challenges. Citi Impact Fund is part of Citi Community Investing and Development.
Based in Charlotte, NC with frequent travel to New York, the candidate will work alongside members of the investment team as well as cross-functional partners in Operations and Finance on portfolio management activities including impact measurement and management, portfolio financial management, individual portfolio company key events, follow-on investments, portfolio reporting and strategic projects. In addition, this person will partner with subject matter experts across Citi to drive collaboration and find opportunities to advance the success of our portfolio companies and the field as a whole.
The Citi Impact Fund is focused on driving solutions in four key investment areas, including:
Climate resilience: Solutions for climate transition, mitigation and adaptation to protect our natural and built environments from the harmful effects of climate change, which disproportionately impact underserved communities
Financial resilience: Solutions that provide underserved communities with opportunities to create, manage and build financial resilience and wellness
Social infrastructure: Solutions that expand access to essential services including housing, healthcare and transportation for underserved communities
Future of work: Solutions that provide access to stable, quality jobs, offer modern, relevant education and training for workers and students and re-imagine how we balance work and life.
Key Responsibilities:
Manage a portfolio of investments, monitoring company performance, tracking financial and impact results, and preparing internal quarterly portfolio reviews and other analyses
Support follow-on investment opportunities, including diligence, approvals, execution and structuring
Support the fund’s quarterly portfolio review processes for both the direct and fund (LP) investment portfolios, including deck creation, metrics and performance analysis
Support the Fund’s impact measurement and management processes and development of the annual impact report
Support value creation, post-investment support and cross-functional collaboration projects, both internal and external facing, to support portfolio companies and founders
Lead internal partner engagement on governance and operational items over the life cycle of an investment
Manage portfolio analysis and data projects for Citi risk and control functions as well as regulatory requirements
Qualifications:
Commitment to the Citi Impact Fund’s mission and desire to innovate in impact investing
2+ years of experience in private equity / venture capital investing and/or portfolio management; total of 4-5+ years of experience in relevant role (investment banking, strategy consulting, corporate finance, or direct business experience in one of the fund’s investment verticals)
Strong preference for investing or portfolio management experience in at least one of Citi Impact Fund’s key verticals; specific experience or interest in impact investing strongly preferred
Candidate must have strong understanding of finance and investment acumen including an ability to develop and manage complex analysis, conduct rigorous primary market and industry diligence, prepare valuation analysis and synthesize in written investment and portfolio reporting materials
Strong communication and relationship management skills as well as an entrepreneurial spirit
Attention to detail and desire to deliver high quality work products that drive key decisions
Confident interpersonal skills and comfort contributing to discussions at senior levels
Natural curiosity for learning new things and proactively sharing information with others
Strong sense of urgency in driving projects to completion and ability to prioritize assignments and work in a fast-paced environment
Education:
Bachelor’s degree required, preferably in technical/analytical discipline
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.
Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have over 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank – an institution connecting millions of people across hundreds of countries and cities.
For information on Citi’s commitment to privacy, visit on.citi/privacy.
Offices: 388 Greenwich Street, New York, New York 10013, US · Locations in over 100 countries, http://www.citigroup.com/citi/global/index.htm, 10022, US · 5900 Hurontario St, Mississauga, ON L5R 0B8, CA · 165 Jalan Ampang, Kuala Lumpur, Federal Territory of Kuala Lumpur 50450, MY · Calle 62C O, Panama City, Panama, PA
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