Investment Associate

About McConnell FoundationThe McConnell Foundation is a private Canadian foundation dedicated to fostering a resilient, inclusive, and sustainable society capable of addressing complex challenges. Established with a mission to drive meaningful change across Canada, the Foundation supports diverse and innovative approaches to address community resilience, reconciliation, and climate change through strategic funding and investment partnerships. The Foundation operates through multiple strategic channels including direct funding, impact investment partnerships, convening stakeholders, advocating for systemic change, and collaborating across the public, private, and non-profit sectors. This multifaceted approach reflects the Foundation’s commitment to creating lasting, systemic impact on critical societal issues. The organization is actively building a 100% impact investment portfolio while implementing its Net Zero Carbon Action Plan, demonstrating its commitment to environmental sustainability and responsible investing practices. The Foundation’s work is guided by core values emphasizing equity, diversity, inclusion, and reconciliation. The organization actively seeks to build a team that reflects its mission and welcomes applications from Indigenous people, Black people, racialized people, women, non-binary and gender-nonconforming people, members of the 2SLGBTQQIA community, people with disabilities, and newcomers to Canada. This commitment to inclusion extends to all aspects of the Foundation’s operations and culture.
About this RoleThe Investment Associate plays a critical role within the Investments Department, supporting the Foundation’s strategic objective of building a fully impact-focused investment portfolio. This position combines hands-on investment management with analytical and reporting responsibilities, contributing to both the financial and social/environmental impact objectives of the Foundation’s investment activities. The successful candidate will join a dynamic investment team that manages a diverse portfolio of impact investments while maintaining rigorous financial standards and impact measurement protocols. The role requires balancing multiple competing priorities across portfolio management, due diligence activities, impact assessment, and comprehensive reporting to various internal and external stakeholders. The Investment Associate will work closely with senior investment staff, portfolio fund managers, and leadership committees to ensure investments align with the Foundation’s mission and financial objectives. This position offers the opportunity to contribute to the advancement of impact investing in Canada and internationally while supporting the Foundation’s commitment to climate action and community resilience. The role is structured to provide exposure to all aspects of impact investment management while allowing for professional development and growth within the investment sector.
Responsibilities
Manage a portfolio of investments, including building and maintaining relationships with portfolio fund managers, and monitoring and evaluating financial and impact performance of investments
Assist in all aspects of investment sourcing, research, due diligence, and completion of investment transactions
Review management fee invoices, expense reports and payables
Oversee operational transactions, account balances and correspondence for a portfolio of investments
Support the Investment Team in further developing and delivering its approach to impact reporting across several internal and external stakeholders and products, such as McConnell’s Annual Report and Impact Report
Contribute to annual carbon emissions assessment and annual UNPRI reporting
Assist in the preparation and presentation of quarterly investment reports for the Impact Advisory Committee, the Investment Committee, and the Board
Collaborate with all members of the investment team to drive optimum impact and effectiveness
Support the growth of impact investing in Canada and internationally by liaising with external partners and stakeholders
Develop and recommend enhancements to investment portfolio performance measurement from both financial and impact perspectives
Assist with compliance and support in preparing for the annual audit, regulatory filings and investment accounting
Requirements
Bachelor’s degree in relevant discipline, such as finance, economics, or sustainability
Three to six years of progressive experience in investment management
Meaningful or concrete experience and interest working in impact investing, social finance, ESG, responsible investing, and systems thinking
Bilingualism in English and French at a minimum B2 proficiency level
Proficiency with standard workplace technologies and software applications, including Excel for financial modeling
Strong analytical, problem-solving, judgement, and decision-making skills
Excellent planning, organizational, and project coordination abilities, with the capacity to manage multiple competing priorities
Strong communication, negotiation, influencing, and stakeholder relationship management skills
Ability to work independently while demonstrating initiative, adaptability, collaboration, and sound professional judgement
High attention to detail, accuracy, and follow-through
Ability to maintain focus and productivity during sustained periods of knowledge-based work
Alignment with the Foundation’s values and mission
A commitment to equity, diversity, inclusion, and reconciliation
Benefits
Generous, fully paid benefits and a health spending account
Simplified pension employer matching at 6%
Holiday granting and charitable donation allowances
Employee Assistance and Virtual Medicine programs
Hybrid working conditions and home office allowance
Four weeks of vacation and paid holiday time off between December 25 and January 1
CFA, CAIA, or progress toward one of these or another relevant designation is considered an asset
Investment structuring experience is considered an asset
Data management and structuring experience is considered an asset
Experience with impact monitoring and measurement, assessing relevant social and environmental objectives, and impact performance is considered an asset
#J-18808-Ljbffr