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Job description
Maycomb Capital is a pioneering, women-owned impact private credit firm. We provide financing to support projects and enterprises that transform communities. At Maycomb, we drive capital toward effective solutions for underserved communities, using data and rigorous analysis to guide our decisions. By harnessing the scale, expertise, and risk tolerance of the private sector in service of the public good, we’re demonstrating what’s possible with mission-focused, flexible capital.
We invest through our flagship strategy – the Community Outcomes Funds – and our Custom Strategies, which are built in partnership with large asset owners. We currently manage over $150 million dedicated to improving social, economic, and health outcomes for individuals and families across the United States.
Maycomb’s investors include some of the nation’s leading, mission-aligned family offices, corporations, and foundations. The Investment Associate works across the firm and its multiple strategies.
Job Description
The Associate will be primarily responsible for managing all aspects of the investment process, from sourcing and diligence to ongoing asset management.
Responsibilities include:
Business Development
Engage potential partners in project development, including the development of impact and financial projections
Serve as an ambassador of Maycomb, building and nurturing relationships with potential partners, including nonprofit organizations, social entrepreneurs, public sector leaders, co-investors, and other strategic partners
Stay current on relevant public policies and the impact investing market to inform business development efforts
Investment Review and Analysis
Analyze quantitative information from existing and potential borrowers, including historical performance, financials, and projections
Assess qualitative information, including mission alignment, outcomes achievement, operations, management functions, and capacity to scale
Conduct financial analysis, including building financial models to inform investment terms and assess risk
Prepare investment memoranda, synthesizing the business and impact case and the potential risks and mitigants of a project
Strategize and support the negotiation of loan terms and development of legal documents
Asset Management
Lead the monitoring of impact and financial performance of investments, coordinate investment reporting, prepare quarterly valuation reports, and support other aspects of asset management
Qualifications
The ideal candidate will possess many of the following:
Experience in finance or investments, with a preference for direct lending experience to social enterprises and/or nonprofit organizations
Familiarity with, or experience in, the public sector or public funding
3-5 years of professional experience in relevant roles
Skilled in Excel and financial or other analytic modeling
Strong project management skills, including the ability to manage multiple priorities and senior colleagues simultaneously
PowerPoint slide creation and communications skills, including professional writing
Commitment to improving health, education, and economic mobility for children and families in the US
Lived experience in proximate communities to inform the work
Drive and flexibility to thrive in an evolving start-up environment and entrepreneurial spirit to source new projects
The Associate will work full-time, in-person at our office in Brooklyn, NY.
Salary and Benefits
The base salary for the Associate is expected to be between $85,000-$102,000. Salary will be commensurate with experience. The Associate will be eligible for an annual bonus.
Competitive benefits, including high-quality health care, access to retirement, health, and commuter savings accounts, paid vacation, paid sick leave, etc.
Our firm actively seeks out candidates who bring with them a commitment to racial equity and a diverse set of lived experiences.
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Worksite address
new york, NY, 10261, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.