An opportunity to be part of something truly emerging
From persistent poverty to climate change, we face entrenched social and environmental problems. Fortunately, a growing number of charities, non-profits, co-ops and for-profit companies are building business models to tackle these problems. They are turning to investors for the financing to launch and grow innovative new programs in order to become sustainable and stimulate economic growth.
As a result, new investment opportunities are emerging to offer investors positive financial returns in addition to social and environmental impacts. And an expanding base of interested and talented young professionals and mainstream finance leaders seek to support this work. At the MaRS Centre for Impact Investing, we exist to strengthen this emerging movement for good.
About the MaRS Centre for Impact Investing (MCII)
The Centre for Impact Investing is a leading national hub dedicated to advancing impact investing in Canada. The Centre seeks to foster the effective application of social finance through Venture and Capital Advisory Services and build awareness by sharing knowledge and research through various platforms.
As the field of social finance continues to grow, so too does our team. The MaRS Centre for Impact Investing is currently searching for a variety of creative and open-minded professionals with an inclination towards social innovation and a new model of capitalism.
About this Opportunity:
The Manager, Advisory Services will lead capital advisory projects for the MaRS Centre for Impact Investing. The Manager will support our clients developing products and funds that blend social and/or environmental objectives with an expectation of financial return. A significant portion of this work will be developing and structuring new Social Impact Bond models.
Candidate Profile
MaRS is searching for an exceptional investment professional to lead consulting projects for our small, entrepreneurial team. This person will have the following attributes and qualifications:
- At least five years relevant experience, preferably in corporate finance, corporate development, investment banking, consulting, or private equity
- Exposure to the healthcare sector is considered an asset
- An interest in, and the ability to design innovative financial models that have the potential to significantly influence social change
- Strong analytical training and financial modeling skills
- Experience in managing a transaction process from start to finish such as M&A, debt or equity financing
- A driven, results-oriented individual who has the desire to harness a leadership opportunity in an emerging field
- A tactile thinker who understands both the system levers and the practical mechanisms to drive the development of new partnerships models between government, the private and nonprofit sectors.
- Strong relationship management skills, and the ability to work with stakeholders across these sectors on financial and social matters.
Responsibilities
The Manager is responsible for the following activities:
- Work as part of a small team with clients to develop new impact investing products, including Social Impact Bonds.
- Lead research and analysis to build the ‘business case’ for new investment
- Lead modeling and structuring of a new financial mechanism to capitalize interventions/ventures in a range of issue areas (e.g. health, supportive housing, children and families, aboriginal social development, criminal justice, employment, etc.)
- Advise social sector organizations on alternative financial solutions to fund and scale their impact
- Contribute to the Centre’s Investor Relation functions with an aim to develop the pipeline of Social Impact Bond investors or philanthropic outcome funders.
- Provide thought leadership on new models and structures in the impact investment field (e.g., publications, presentations, media, and informal online channels)
- Lead new business and partnership development efforts
- Contribute to the strategic planning of the Advisory Services practice
- Other duties as assigned.
Location
This position is based at the MaRS Discovery District in Toronto, Ontario Canada. Although most of the work will be based in Toronto, there will be some travel required.
Terms
This is a full-time, salaried position. Compensation will be competitive within the field of impact investment, be commensurate with experience, and will have a variable, performance-based component. The Manager reports to the Associate Director and is supported by other Centre colleagues.
About MaRS
Toronto's MaRS Discovery District is one of the world's largest urban innovation centres, cultivating high-impact ventures and equipping innovators to drive economic and social prosperity in Canada. MaRS supports entrepreneurs in the sectors of media and technology, cleantech and healthcare by providing them with advice, education and market research, and connecting them to talent, customers and capital. An independent registered charity, MaRS also works with private and public sector partners to create solutions that open market access for ventures and generate social impact.
