LOCUS Impact Investing is a national consultancy and advisory nonprofit firm providing a comprehensive set of tools to the increasing number of foundations and place-focused impact institutions looking for innovative ways to invest in and transform their local communities. LOCUS is a wholly-owned subsidiary of the non-profit, Virginia Community Capital (VCC). For more information about LOCUS visit: https://locusimpactinvesting.org/.
VCC is a community development financial institution (CDFI) and bank with a mission to create jobs, energize places, and promote an enhanced quality of life. With banking offices in Christiansburg, Norfolk and Richmond, we offer innovative and flexible financial tools. In addition, we provide professional advisory services to individuals and organizations in low-to-moderate income and underserved communities. For more information about VCC visit: https://www.vacommunitycapital.org/.
LOCUS provides Asset Management & Servicing to place-focused philanthropic institutions and impact investing funds in order to help them more efficiently and effectively make impact investments. These services include asset maintenance, cash management, payments and disbursements, risk monitoring, and both financial and impact reporting to clients and their funders. LOCUS currently leverages a small team using a loan servicing platform as the basis for this product offering. The platform is in in the early phases of being upgraded technologically to better meet the needs and expectations of impact investors in terms of quality, capabilities, flexibility, and price.
The Asset Servicing Analyst will be responsible for 1) supporting client relationships with the Client Relationship Lead(s) 2) delivering the highest quality of service to assigned client relationships: asset set up, transaction processing, billing activity, monitoring, and reporting 3) support migration to new technology platform 4) identify and implement process improvements 5) engage in and support business development efforts.
This is a unique opportunity to join a mission-aligned organization in the early stage of growth and contribute to the emerging field of local impact investing by place-focused institutions throughout the country.
The role requires someone with strong operational and problem-solving skills, an interest in understanding the legal documentation and operational systems associated with loan, guarantee, equity and hybrid impact investments, and the ability to be nimble and thrive in a fast-paced environment. This individual must also be able to provide a high-level of service to internal and external customers, as well as share the commitment to the mission of the organization.
Essential Duties and Responsibilities:
Compensation and Benefits:
LOCUS offers a competitive salary based on experience and skills, as well as an excellent benefits package including health, disability and life insurance, 401(k) savings plan with employer match, and paid time off.
Click link to apply or mail resume with a cover letter including, salary requirement to:
LOCUS Capital Inc.
7814 Carousel Lane, Suite 100
Richmond, VA. 23294
LOCUS is an Equal Opportunity Employer. LOCUS does not discriminate in hiring or employment practices based on race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disability, or status as a veteran.