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Partner, Portfolio
New Profit Inc.
- New York, New York, United States
- New York, New York, United States
Über
ABOUT NEW PROFIT New Profit is a venture philanthropy organization that catalyzes the impact of social entrepreneurs who are expanding access and opportunity in America. We provide capital, capacity, and community to a portfolio of nonprofit organizations to increase their impact, scale, and sustainability. And we partner with social entrepreneurs, philanthropists, and cross-sector leaders to shift how the philanthropic sector pursues social change and ensures that everyone in America can thrive. Since 1998, New Profit has invested over $350M of unrestricted grants in 275+ high-impact organizations serving more than 35 million people in all 50 states. Learn more at www.newprofit.org
POSITION OVERVIEW GRANT MAKING AND CAPACITY BUILDING AT NEW PROFIT
New Profit stands shoulder-to-shoulder with social entrepreneurs in support of their vision, with a specific focus on helping them build the capacity of their organizations in four areas: 1) Impact; 2) Equity & Proximity; 3) Adaptive Leadership; and 4) Sustainability. We provide three levels of funding and strategic support to organizations in our portfolio: Catalyze Investments; Build Investments; and Transform Investments.
POSITION DESCRIPTION New Profit seeks to hire a Deal Partner for our Portfolio team. The Deal Partner is the linchpin to our capacity building support model for our Build and Transform investments. This individual would be responsible for managing a small portfolio of investments - likely 4+ Build and/or Transform investments - and would work directly with the social entrepreneur (typically the CEO of the grantee-partner) and the grantee-partner’s board of directors. The Deal Partner assumes four critical roles relative to each Build and Transform Investment in our portfolio.
KEY RESPONSIBILITIES
Strategic Advisor & Project Lead - goals include:
To align with and support the social entrepreneur in achieving their vision for impact on the dimensions of impact, sustainability, equity and proximity, and adaptive leadership
To share New Profit’s perspective, insights, and pattern recognition on issues related to organizational growth, proximate practices, impact, and capacity building
As necessary, take on project leadership on discrete strategic planning or key projects in partnership with the CEO and Senior Team
Establish a strong and trusting relationship with the social entrepreneur
Leadership Coach - goals include:
Coaching the social entrepreneur, and as needed, other senior team and board members to understand their professional development needs and help them unlock their capacity for learning and adaptability to lead the organization
Board Member - goals include:
To support and govern the organization as outlined in its Board Charter and following best practices
To fulfill fiduciary responsibilities and protect the public interest
To support the effectiveness of the Board’s leadership and governance using New Profit’s Board Development theory
As needed, lead Board committees or special projects
To represent the organization to the broader community
New Profit Investor Steward - goals include:
Serve as the “holder” of New Profit’s definition of success, monitor and support the organization on an ongoing basis
Provide regular Deal Management updates such as Deal Dashboards, work plans, annual diagnostics, and other internal tracking activities
Actively participate in New Profit’s Deal Partner activities and be supportive of other members of the Deal Partner community
In addition to the core responsibilities, the Deal Partner will be involved in:
Investment Selection: review funding applications; lead screening and diligence for prospective investments; provide support and insight throughout the decision-making process; assess organizations on leadership, impact, scalability, and overall fit.
Learning and Insights: contribute knowledge and insights to learning projects, improving our support model and codifying our practices.
Firm Internal Initiative Leadership: expand capacity building practice and/or cross-cutting firm projects.
Catalyze Strategic Advising: serve as 1:1 advisor to early stage Catalyze entrepreneurs via bi-monthly check-in calls; support Catalyze teams with facilitation by attending webinars and occasionally in-person convenings.
New Profit Expectation as a Team Member: In addition, we expect all New Profit staff to embody our core values and our competency model. We are committed to the work that we do in supporting our Social Entrepreneurs and supporting one another to create an environment that helps us to thrive. We are a team and everyone has a responsibility to support, care for, and uplift their fellow team members.
QUALIFICATIONS AND COMPETENCIES
10-15 years of experience
Demonstrated passion for and commitment to New Profit’s mission through leadership experience in high-growth, entrepreneurial organizations; experience driving organizational change and transformation
Demonstrated experience with the communities served by our nonprofit partners, and a commitment to proximity—prioritizing the insights, leadership, and lived experience of people closest to the issues.
Deep experience advising and supporting CEOs/Executives in achieving their vision (strategy, leadership, operations, etc.)
Experience supporting leaders and organizations in Economic Mobility and Democracy (preferred)
Experience leading teams and bringing a solutions-driven approach to complex projects in an entrepreneurial, fast-paced environment; ability to set goals and priorities, facilitate decisions, and manage others and resources effectively
Demonstrated experience building and managing professional relationships and coaching and developing talent; a collegial and team-building approach
The ability to actively listen, with an appreciation for nuance in communication; a consultative stance
Outstanding analytical skills; ability to assess situations, identify trends, develop solutions, and translate insights into high-level guidance and tactical execution
Excellent verbal and written communication skills; ability to represent New Profit and its portfolio organizations professionally
A curious, creative intellect; professional style with flexibility, evenness, and a sense of humor
Relentless customer orientation and willingness to “roll up one’s sleeves” to succeed as a team
Strong learning orientation; ability to learn and grow from mistakes and adapt
Entrepreneurial mindset and ability to design and execute innovations, processes and practices
Service on boards of high growth nonprofits preferred
Illustrative list of roles often held by Deal Partners prior to New Profit: Social Entrepreneur, Management Consultant, Philanthropist, and Seasoned Executive
East Coast availability; ability to work 9:00 to 5:00 pm EST
COMPENSATION The salary range for this position will be $180,079 - $209,066 annually, with the exact salary depending on prior work experience and fit for the role. New Profit provides a suite of competitive benefits including health, dental, and vision insurance, retirement benefits, and a generous PTO policy with an end-of-year holiday break.
HOW TO APPLY To apply for this position, please visit New Profit’s Career page and submit a resume and a thoughtful cover letter addressed to Lavon Fairclough. In your cover letter, address what interests you in this role specifically and how your work experience aligns with the position. Combine your resume and cover letter into a single file for upload. Please include months and dates for each role listed.
EEO STATEMENT As an equal opportunity employer, New Profit recognizes the power of a diverse community and strongly encourages applications from individuals with varied experiences, perspectives, and backgrounds. Applicants must be currently authorized to work in the United States for any employer. No phone calls or direct emails, please.
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Sprachkenntnisse
- English
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