2023 Summer Associate
Job Description
About Us
Social Finance is a national impact finance and advisory nonprofit. We work with the public, private, and social sectors to create partnerships and investments that measurably improve lives. Since our founding in 2011, we have mobilized $350 million in new investments designed to help people and communities realize improved outcomes in education, economic mobility, health, and housing.
We are driven by the belief that social and economic systems should enable all people to thrive, and the conviction that we can create the most meaningful and measurable change in our communities when governments and markets work together. Our organization is built upon five core values: people, performance, integrity, collaboration, and inclusion.
We work across three practice areas: Impact Investing, Impact Advisory, and Field Building. Through our Impact Investing portfolio, we design, launch, and manage impact-first investments and innovative financing solutions that generate positive outcomes for people and communities. In our Impact Advisory practice, we work alongside impact-focused leaders to implement data-driven practices that deliver better outcomes. And in our Field Building work, we share firsthand learnings and best practices to catalyze social impact in the field. We continually challenge ourselves and our partners to use funding and data in innovative ways to create lasting impact.
*Interviewing for the 2023 Summer Associate role will begin in January 2023.
*Note the application deadline for the 2023 Summer Associate role is January 9th 2023.
Role and Responsibilities
Social Finance is looking for graduate-level summer interns to become fully leveraged members of our team and help contribute to our mission. Interns will be an integral part of the Social Finance team and will be staffed to multiple projects that span our various service offerings, including both Advisory and Impact Investing projects, gaining exposure to the breadth of our day-to-day work. Program duration is June 5 through August 11, 2023 and will be located in Boston, MA.
Specific responsibilities may include:
- Analyze data and conduct literature reviews to support project design decisions, test hypotheses, and drive recommendations
- Support the development of presentation materials to share analysis, key findings and recommendations to internal team and external partners
- Support drafting of key governance documents
- Conduct economic cost-benefit and financial modeling
- Research potential project partners, analyzing their performance and ability to achieve future outcomes
- Work with current service provider partners to optimize operations and help achieve project outcomes
- Collaborate with the team to support written proposals, Request for Procurement (RFP responses), or contribute to other business development efforts
- Contribute to the firm’s thought leadership efforts, which may include research or writing for print or online publications or creating content for presentations by senior leadership
- Support senior management and Social Finance team as needed.
Qualifications
We are looking for entrepreneurial candidates with flexibility, aptitude and passion for our mission. Candidate requirements:
- Be currently enrolled graduate students. MBA or MPP candidate preferred; concentration in finance, economics, or public policy a plus. Social Finance will prioritize candidates entering their final program year in order to use the internship experience as a pipeline to full-time offers.
- Minimum of 5 years of full-time professional experience in a role with relevant and transferrable skills, which may include those focused on research, consulting, finance, project management, social impact, or other
- Strong analytical and quantitative skills
- Strong verbal and written communication skills
- Ability to quickly research, synthesize and summarize key takeaways on unfamiliar topics
- Ability to communicate and work closely with many types of partners across multiple sectors; willingness to constructively express your point of view and hear the point of view of others, both internally and externally
- Commitment to high quality work and accuracy, with an ability to manage multiple and competing priorities simultaneously
- Capacity to work independently while contributing to team projects as appropriate
- Demonstrated interest in and knowledge of or willingness to learn about key issues in nonprofit management, social interventions, government services, and/or impact investing
- Ability to adapt and be flexible
- The following are not required, but would be considered as a plus for your candidacy:
- Experience in or with the systems we seek to impact
- Advanced PowerPoint experience
- Advanced experience in Excel and financial modeling
- Basic statistical knowledge
Compensation & Perks
At Social Finance, we strive to deliver a program that will enhance our overall value proposition to employees. As an intern of the firm, Summer Associates will have access to:
- Competitive compensation in line with annualized full-time employees
- Social Finance uses a lockstep compensation model for purposes of equity and transparency - we strive for everyone coming in at a given level to be paid equitably. For this position, Summer Associates earn a stipend proportional to the salary of full time Associate Directors. As such, the stipend for the ten-week internship period is $22,300.
- Paid sick time
- Formal mentorship and onboarding programs
- Commuter stipend
- Bimonthly lunch as well as snacks and coffee!!
- Collaborative and energizing workspace in downtown Boston, with a flexible, hybrid work schedule (in office three days per week, work from home two days per week and on an ad-hoc basis as needed)
- Participation in team-building activities, happy hours, and other social events
- A truly stellar team of high performing, values-driven and fun (!) professionals
Application
Please apply to this position via the Social Finance career page as opposed to your school's platform. Review of applications will begin immediately. No phone calls please. Note that Social Finance requires interns to have permanent US work authorization.
Review of applications will begin immediately. No phone calls, please.
Applicants must be permanently authorized to work in the United States on a full-time basis.
Please note that, at this time, to be in-person at a Social Finance office, client location or Social Finance-sponsored event, you must be fully vaccinated against COVID-19, including receiving a booster shot.
Social Finance, Inc. is an equal opportunity employer, and all qualified applicants will be afforded equal employment opportunities without discrimination because of actual or perceived race, color, national origin, sex, age, religion, creed, disability, marital status, citizenship, ancestry, personal appearance, sexual orientation, gender identity or expression, political affiliation, military status, status as a protected veteran, genetic information or any other legally protected status.
When submitting your resume below, please submit as a PDF. Thank you!
Date Posted
10/18/2022
Views
5
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