Grow your career at Living Cities.

Founded in 1991, we harness the collective power of our member institutions to build a new type of urban practice. Together, we are working with cross-sector leaders in cities to develop and scale new approaches to dramatically improve the economic well-being of low-income people. Our investments, research, networks and convenings catalyze fresh thinking and combine support for innovative, comprehensive, local approaches with real-time sharing of knowledge to accelerate and deepen adoption in more places.

Living Cities' members have collectively invested more than $1 billion in America’s cities, an investment that has resulted in over $16 billion in development and follow-on investments. Yet members are not simply funders. They participate at the senior management level on the Living Cities Board of Directors and contribute the time of 80+ expert staff toward crafting and implementing the Living Cities agenda.


OPEN POSITIONS

Senior Associate

Partnering with an outstanding team of colleagues, consultants and external partners, the Senior Associate will provide programmatic management and support to colleagues, members, and sites. The Senior Associate will staff the Regional Inclusive Economic Growth working group; launch and grow an initiative with entrepreneurs of color; support a new homeownership initiative. Specifically, the Senior Associate with manage complex projects and facilitate collective action among cross-sector partners in service of large scale results. In addition, the Senior Associate will analyze, synthesize and codify key findings from Living Cities' work, deepening understanding of the strategies and competencies needed to support closing racial income and wealth gaps at scale.

Responsibilities include, but are not limited to:

Project Management

  • Build and enhance the systems and processes, and infrastructure to support initiatives, with an eye toward organizational alignment and efficiency
  • Provide programmatic support, including results-based facilitation, research, synthesis, analysis, technical assistance and project management
  • Work with others to look across projects, identify themes across issues areas, all while managing multiple priorities

Stakeholder Management

  • Work in close partnership with Living Cities membership, partners, and local leaders in cities across the country to understand community needs and work toward systems change that closes racial income and wealth gaps
  • Manage community of practitioners and working groups, building trust and supporting convergence around shared goals
  • Facilitate the adoption of promising practices through in-person and online engagement

Research and Analysis

  • Conduct research and analysis focused on potential income and wealth building strategies
  • Identify key themes and codify learnings throughout the work, especially related to racial equity and inclusion
  • Develop (conceptualize, write, edit, curate, etc.) content, for publication to and engagement with relevant stakeholders (e.g. investors, nonprofit fields, funders, government partners) using a variety of platforms

CANDIDATE REQUIREMENTS:

  • A minimum of six years relevant work experience
  • Masters degree in public policy, urban planning, business or a related field preferred
  • Demonstrated understanding of racial equity and inclusion and commitment to closing the racial income and wealth gaps in American cities
  • Exceptional communication skills with the ability to inspire confidence when delivering formal and informal presentations to colleagues, partners, grantees, and funders
  • Outstanding task and project management skills; ability to work independently in a fast-paced environment, meet multiple concurrent deadlines, and organize time and priorities
  • Strong research, analytical, and strategic thinking skills, with a track record of career advancement into positions with increasing levels of responsibility
  • Excellent interpersonal and relationship management skills, including strong social listening (in person and digital)
  • Comfort using data and performance measures (e.g. results based accountability, six sigma, and/collective impact) to improve program performance and assess impact, and facilitating large groups towards shared results
  • Proven ability to perform effectively under pressure and to utilize strong organizational skills when faced with multiple time-sensitive priorities
  • Flexible and enthusiastic approach to work, including effectively working in collaboration with others
  • Ability to travel as required; at least 25% of work will necessitate travel to other locations within the United States

COMPENSATION AND BENEFITS:

Salary and benefits will be competitive and commensurate with experience.

Apply: https://www.on-ramps.com/jobs/1366


Senior Investment Associate, Catalyst Funds

The Catalyst Funds are two structured debt funds, totaling approximately $80 million, that allow Living Cities to make impact investments that align with our impact objectives. The Senior Investment Associate would be responsible for working with the team that manages the Catalyst Funds. This is an exciting opportunity for an entrepreneurial individual who has transactional experience to apply their deal-making skills to generate positive returns for both investors and communities.

Roles and Responsibilities:

Supports the Catalyst Funds team on the following matters, including but not limited to:

Fund Management:

  • Prepare investor reporting.
  • Ensure fund-level covenant compliance.
  • Track cash inflows and outflows from underlying investments and lenders.

Asset Management:

  • Manage relationship with borrower on behalf of Living Cities.
  • Represent Living Cities on governance committees.
  • Track reporting. Monitor financial and impact performance.
  • Perform regular risk assessments.
  • Make recommendations related to amendments, waivers.

New Deal Origination:

  • Source new transactions.
  • Work with senior investment officers on negotiating, structuring, diligence.
  • Perform financial analysis.
  • Present new transactions to investment committee for approval.
  • Work with counsel on financing agreements.

Ensure Programmatic Connections with Rest of Living Cities:

  • Understand Living Cities other programs.
  • Coordinate Catalyst Fund activities in a manner that leverages Living Cities other assets, including relationships.

Harvest Lessons Learned/ Thought Leadership:

  • Systematically draw out lessons learned in service of Living Cities programmatic objectives. Share insights by writing blogs, public speaking.

Qualifications:

This is an exciting opportunity for an analytical individual with a strong interest in impact investing. The ideal candidate is self-motivated, thrives in entrepreneurial environments and has demonstrated success conducting rigorous investment analysis.

The ideal candidate will possess the following qualifications:

  • 3-5 years of transactional experience, ideally in commercial lending or investment banking, with formal credit training
  • Comfort with financial modeling and Microsoft Excel
  • Experience structuring, negotiating, and closing transactions
  • Experience with complex financing agreements that involve multiple parties
  • Experience with asset management
  • Strong writing skills
  • Execution skills: Able to produce significant volumes of high-quality work
  • Good sense of humor, collaborative spirit
  • An interest in Living Cities other programmatic work

Location: Washington, D.C. or New York, NY

Compensation Commensurate with experience. Excellent benefits package that includes medical, dental, life, 401(k), transportation subsidy, and more.

Apply: Submit a cover letter and resume to jobs@livingcities.org with the subject “Senior Associate, Catalyst Funds” Cover letter should include: Preferred office location - New York or Washington, DC, and describe your interest in this position.

No phone calls please.


About Living Cities: Living Cities harnesses the collective power of 18 of America’s largest foundations and financial institutions to transform the lives of low income people in America’s urban neighborhoods. Over the past 15 years, Living Cities' members have collectively invested more than $1 billion in America’s cities, resulting in over $16 billion in development and follow-on investments. Living Cities’ investments, research, networks, and convenings catalyze fresh thinking. We combine support for innovative, local approaches with real-time sharing of learning to accelerate adoption in more cities.


Living Cities is committed to building a culturally diverse and inclusive team at all levels. We are an equal opportunity employer and all qualified candidates will receive consideration without regard to race, color, sex (including pregnancy), religion or creed, citizenship status, national origin, age, sexual orientation, disability, gender identity or expression, marital status, domestic partnership status, genetic information or predisposing genetic characteristics, military status, domestic violence victim status, arrest or pre-employment conviction record, or any other characteristic protected by law.