Job Description

Join me to help build and manage the Sorenson Impact Foundation's high-impact venture investment portfolio!

To apply for this role, please send a resume and brief cover letter (500 word max) to jobs@thesorensongroup.com with “Portfolio Management Associate Application” in the subject line. Candidates are encouraged to apply early as applications will be renewed on a rolling basis, with a final submission deadline of February 28, 2025.

Portfolio Management Associate – Early-Stage Investment Portfolio

Salt Lake City, UT

Sorenson Impact Foundation

Founded in 2012, the Sorenson Impact Foundation is a charitable foundation that was created to advance the flow of capital into innovative, scalable solutions to the world’s most pressing needs. A pioneer in the impact investing space, the Foundation is one of few foundations in the United States that has moved 100% of its assets into investments that advance its mission. Through both catalytic and market-rate strategies, we invest our capital into scalable businesses and innovative initiatives that are addressing great social needs and advancing the impact investing ecosystem.

We are currently looking for a Portfolio Management Associate to join our impact venture investing team which makes early-stage venture capital investments in private companies building solutions to address challenges of poverty across sectors including health, financial services, workforce opportunity, and climate. We’re looking for someone with an interest in investing and investment operations who has a demonstrated commitment to impact. The right candidate is self-directed, high-energy, detail-oriented, and can excel on a small team in a dynamic environment. The role is located in beautiful Salt Lake City, UT at the base of the Cottonwood Canyons (no remote option).

Description

The Associate will be joining a small team building and managing a large portfolio of high-impact companies and funds tackling challenges of poverty around the world. Reporting to and working closely with the Foundation’s Managing Director of Investments, the Associate will contribute to a wide range of work across investment operations and investment management. The right candidate will be excited to wear multiple hats to support the success of the catalytic investment portfolio. This position is a full-time opportunity.

Responsibilities

The Associate will support the Managing Director with the management of an active and growing early-stage investment portfolio. Key responsibilities will include:

Investment data and portfolio performance data management

• Leveraging a portfolio management software platform, the Associate will be responsible for maintaining and updating all portfolio investment and performance data, managing portfolio company reporting, and supporting the Managing Director in analyzing and sharing impact and financial portfolio performance data with internal and external stakeholders. This will include:
• Manage the use of, and design practices to optimally leverage, the team’s portfolio management software platform
• Oversee the organization and file management system of the team’s Sharepoint drive, and ensure complete and accurate record keeping for the portfolio
• Collate key impact and financial metrics across investments for internal and external reporting

Investment & Investment Strategy Support

• Under the direction of the Managing Director, assist with the due diligence of investment opportunities and provide support with investment closing processes
• Support the Managing Director with ongoing work to refine and adjust the investment strategy of the portfolio for greatest impact

Post-investment support strategy

• Working with the Managing Director, contribute to designing and implementing a post-investment support strategy for the portfolio
• Under the direction of the Managing Director, interface with portfolio investees to assist with ongoing investment management and the provision of post-investment support

Insights

• Support research and drafting for investment and sector insight pieces
• Analyze portfolio data to extract and document investment-specific and sector insights to support the production of knowledge and research materials based on lessons from the Foundation’s portfolio

Network and relationship-building

• Develop relationships with external partners and stakeholders including advisors and experts to provide support across the portfolio and deepen the portfolio team’s network in high-priority areas
• Represent the Foundation at relevant impact investing and venture conferences and convenings

General Operations

• Prepare materials related to the investment portfolio for Foundation board meetings
• Support the Foundation’s CFO with annual Foundation compliance reporting
• Execute on ad hoc research projects to support the objectives and strategy of the portfolio, as directed by the Managing Director

Qualifications & Characteristics

Qualifications

• Bachelor’s degree required
• 1-3 years experience in a professional environment, with a preference for candidates with exposure to early-stage investing, investment operations, or generalized operations in a fast-paced environment
• Exceptional time management and organizational skills, strong attention to detail
• Strong operational skills including problem-solving, project management, and appetite to design and implement processes
• Excellent written and oral communication skills; ability to present arguments and analysis in a clear and succinct manner to internal and external stakeholders
• Fluent in Microsoft Office Suite, including PowerPoint presentation design skills
• Must be authorized to work in the U.S. on a permanent basis
• Based in Salt Lake City, UT or willing to relocate

Characteristics

• Self-starter with strong ability to take initiative with research and analysis; able to work and deliver projects independently, meet deadlines, and execute proactively with minimal oversight
• Flexible and able to adapt and thrive in a demanding, fast-faced environment while balancing competing priorities
• High level of honesty and integrity with a strong sense of ownership and responsibility
• Exceptional relationship and interpersonal skills: courtesy, tact, empathy, patience, and strong team orientation
• Proactive and continuous learner; always questioning, researching and testing ideas and assumptions; able to take feedback and act upon it quickly
• Commitment to tackling challenges of poverty and advancing social and environmental impact; familiarity with the social enterprise and impact investing sectors preferred

Compensation

$70k-$90k base salary commensurate with experience

Discretionary bonus, based on performance

Competitive benefits include 401k with matching; medical, dental, and vision insurance

Location

Salt Lake City, UT

Deadline

Candidates are encouraged to apply early, as applications will be reviewed on a rolling basis. The deadline for this position is February 28, 2025.

To Apply

To apply for this role, please send a resume and brief cover letter (500 word max) to jobs@thesorensongroup.com with “Portfolio Management Associate Application” in the subject line.

Sorenson Impact Foundation is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.

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