We are looking for an Analyst to provide comprehensive support across our Investment and Portfolio teams. The position will work closely with Open Road’s borrowers from application through closing and repayment. The Analyst will be responsible for data management, data integrity and data analysis in support of Open Road’s increased volume of applicant pipeline, including supporting, business development, due diligence, and relationship-management. In addition, the Analyst will play a lead role in managing the processes of loan disbursements, repayment and impact reporting with a sharp eye to ensuring data integrity at each step. The ideal candidate will have 2-4 years of experience in financial data management and analysis or other finance experience. The ideal candidate will be confident, self-motivated, organized, and eager to join our passionate, impact-minded, and values-driven team.
An ideal candidate will understand the importance of interpreting and visualizing data for both internal and external customers. You are a trusted partner for our business teams who understands that organized project management and clear, quality deliverables are key elements to your work. You are a detail-oriented person to the max and understand that each data element is a building block for investment strategy. An ideal candidate will have an interest in growing their experience in business development, loan origination and portfolio management as the position will touch many aspects of the impact investment process.
This position will ideally be based in Washington DC or New York City, NY, to enable regular in‐person meetings with other Open Road staff. However, U.S. based remote applications will be considered as Open Road does not operate out of a fixed office.
Position Responsibilities
Pipeline Management, Applicant Intake and Business Development
- Manage Open Road’s inquiries systems through Salesforce. Support loan inquiries, declining those that do not meet Open Road’s criteria. Sorting through relevant inquiries, responding as needed.
- Manage and support the loan application process, responding to standard questions on the software, data requests and application process. Ensure all application data requirements are met.
- Serve as a coordinating, external facing point of contact for qualified applicants, managing a portfolio of relationships.
- Support potential applicants through the applications and due diligence process, including: conduct initial conversations, provide feedback on draft applications, perform financial analysis, conduct reference checks, coordinate final interviews, prepare briefings for the Investment Committee.
- Conduct research and compile briefings on prospective borrowers, impact investing partners, product development and other topics, as needed.
- Partner with the Investment Team to understand business needs for dashboards and reports.
Loan Management and Reporting
- Manage and support the closing process, including, KYC checks, analysis of final applicant materials and financial information to support the investment process and the Investment Committee; preparation of the final disbursement package and final disbursement request.
- Manage the post-closing process and repayment process for all loans, which includes collaborating closely with the Portfolio Officer, Senior Data Systems Manager and the Accounting team to ensure loan terms and payment details are aligned in systems.
- Oversee and manage monthly borrower statements, including reconciliation of payments and loan schedules, borrower follow up and final repayments.
- Partner with the Portfolio Management Team to understand business needs for dashboards and reports. Act as the data lead for impact reporting and analysis.
Qualifications
- Bachelor’s degree required; master’s degree in relevant field a plus though not required;
- Two to four years of relevant work experience, preferably in impact investing, finance, and/or accounting;
- Strong analytical and quantitative skills, including ability to identify and assess risk and analyze and understand complex financing structures. Comfort with financial statements and corporate finance required;
- Project management-related or analogous experience preferred; experience working with cross-functional teams to document business requirements and deliver high quality, on time results;
- Strong interpersonal and communication skills (oral and written);
- Excellent attention to detail for all data components of your work;
- Strong comfort with and demonstrated ability to learn technology tools, project management systems (Asana), and communication systems (Slack);
- Highly proficient with Microsoft Office applications, specifically Excel for financial modeling.
- Highly proficient with Salesforce or a strong desire to learn;
- As a member of a small team, a flexible and “hands on” approach is a prerequisite.
Open Road has a mission of making the financial system work better for mission-driven organizations. We advance our mission through “social investing” and “impact investing” -- making bridge loans and other short-term financing available to early-stage social enterprises, nonprofits and startup businesses throughout the United States and the world.
Open Road "unsticks" critical impact capital for companies experiencing systemic funding delays that threaten to derail their work or time to impact. From mini-grid companies in West Africa to fintech financial inclusion companies in Colombia, Open Road provides bridge loans to companies, funds, and projects focused on addressing climate change or reducing inequality globally. As the only impact investment vehicle designed to eliminate funding delays, Open Road’s loans serve as the catalyst borrowers need to maintain their operations, accelerate the scale of their solutions, and increase their impact.
Since its founding in 2012, Open Road has loaned over $80M to 150+ social impact organizations, keeping nearly $800M of impact and follow-on financing on track. For more information, please visit www.openroadalliance.org .