Vice President of Impact Investing

Community Foundation for Greater Atlanta is pleased to work with DRG to conduct this search. Read the full job description HERE.The PositionReporting to the President and CEO, the Vice President of Impact Investing serves as the senior leader responsible for strategy, execution, and performance of the Foundation’s impact investment platform including TogetherATL Atlanta Affordable Housing Fund (AAHF), the GoATL fund which invests in community capacity and affordable housing, and Community Guarantee program. Since December 2023, the Foundation has closed more than $100M in transactions to support affordable housing options. Investments range from $1M to $5M, and to date, more than 5,000 homes in the region have been funded through commitments of $124M.The Vice President drives the impact investment strategies and portfolios from origination to exit/repayment, ensuring strong asset quality, compliance, and impact performance, while building and stewarding capital relationships across philanthropic and impact-investing stakeholders. The Vice President will play a lead role in driving the Foundation’s affordable housing strategy which makes up more than 90% of CFGA’s impact investing.The Vice President will lead an experienced team while providing mentorship and opportunities for the team’s professional development. The Vice President of Impact Investing will also serve a trusted thought partner for other members of senior leadership and will be instrumental in the development and implementation of the Foundation’s investing strategy.This role operates with executive-level autonomy and Board visibility and combines market-facing deal leadership (pipeline cultivation, underwriting, structuring, and closing) with platform leadership (team goals, operating plan, governance rhythms, investor relations, and reporting), working cross-functionally in partnership with other Foundation teams to support CFGA’s mission.ROLE OVERVIEWStrategy and Platform Leadership Own and continuously refine the impact investment platform strategy, annual priorities, and execution roadmap in partnership with the CEO and senior leadership.Work with the leadership team and board on the next iteration of the organization’s strategic plan and develop plans for increasing investments for greater impact.Represent the Foundation externally in impact investment and housing ecosystems—developers, CDFIs, public agencies, peer funders, and collaboratives—advancing credibility and partnership pathways.Impact Investment ProductionLead a robust origination engine across metro Atlanta: source, evaluate, and advance impact investments (primarily in affordable housing).Manage and grow the active pipeline (e.g., GoATL/TogetherATL and related initiatives), ensuring clear stage gates, documentation, and decision-ready materials.Oversee and lead structuring transactions (debt and equity as applicable), partnering with Finance and Legal to align on terms, negotiate terms, and guide deals through investment committee approval and closing.Capital Raising and Investor RelationsPartner with the CEO and Philanthropy/Impact teams to drive the fundraising capital strategy across philanthropic, institutional, and impact-investing sources.Support closing and onboarding of new investors, coordinating with Legal/Operations on fund documents (e.g., subscription agreements and related closing materials).Serve as senior relationship manager to key capital partners and steward institutional donor relationships.Oversee regular impact reports, donor-specific compliance reporting, and an integrated reporting calendar.Engage with internal stakeholders to define and maintain the impact metrics framework, including data collection processes from borrowers and partners.Fund Management, Underwriting Oversight, and Asset ManagementOversee due diligence and underwriting workflows (internally and with consultants), ensuring consistent risk assessment, affordability and impact standards, and documentation quality, balancing property types, locations, and risk levels to optimize social and impact returns and minimize exposure to market fluctuations.Oversee and lead portfolio and asset management: borrower monitoring cadence, covenant compliance, and proactive risk management across all housing funds.Maintain fund-level tracking against goals (e.g., affordability levels, sponsor concentrations), and ensure compliance artifacts (side letters, grant agreements, reporting requirements) are complete and accessible.Team ManagementBuild and manage the department’s team, advise on positions required in partnership with human resources, and staff the team in preparation for future growth.Lead the impact investment team’s operating cadence including goal setting, performance expectations, coaching, and accountability systems.THE IDEAL CANDIDATEExperience RequiredBachelor’s degree in finance, real estate, public policy, business, planning, or related field (advanced degree preferred).10+ years progressive experience in impact investment including affordable housing finance/real estate, community development finance, housing policy implementation, or closely related work.Demonstrated experience leading complex transactions (debt/equity), including underwriting, structuring, negotiations, and closing.Strong stakeholder communication skills—comfortable presenting to investment committees, boards, and external partners.Proven ability to lead multi-stakeholder initiatives, manage priorities, and deliver outcomes on time and within budget.PreferredExperience working with or alongside CDFIs, LIHTC ecosystem partners, public housing/agency stakeholders, philanthropy, and institutional investors.Experience building (or re-building) operating systems for a fund/platform (templates, workflows, reporting calendars, compliance tracking).Familiarity with fund documentation processes and partnership with counsel/finance teams on closings and governance.Track record of motivating, leading and mentoring large, multidisciplinary teams.Strong belief in diversity, equity, inclusion, and building a workforce reflective of the communities served.Collaborative, transparent, and ethical leadership style.ORGANIZATIONAL STRUCTURELeadership TeamThe Vice President of Impact Investing reports directly to the President and CEO. The Vice President serves on the senior leadership team which includes the Chief Operations Officer, Vice President of Advancement and Philanthropic Services, and Vice President of Community Impact.The Vice President will have experience leading and mentoring a team (currently five members) and will model an entrepreneurial style that balances implementing the technical aspects of impact investing with the needs of the Atlanta community.WHO WE AREWork EnvironmentThe typical work schedule is hybrid with the team working on-site at the Foundation’s downtown Atlanta office Tuesday–Thursday and working remotely Monday and Friday. Evening or weekend work may be required, including some travel to vendor or partner sites as needed.Commitment to DiversityThe Community Foundation for Greater Atlanta provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.The Community Foundation for Greater Atlanta values diversity and inclusion; we honor the diverse needs, strengths, voices, and backgrounds of all individuals in our regional community.COMPENSATION AND BENEFITSThe anticipated salary for the Vice President of Impact Investing is between $225,000 - $255,000 based on experience. This position is exempt, and will be eligible for the Foundation’s competitive health and benefits plan which includes:Paid time offFour weeks of accrued paid vacationTwo weeks of accrued paid sick leaveFour mental health daysTwo personal daysTwo floating holidaysTen holidaysBenefits (effective on date of hire)100% employer-paid benefits (medical, dental, vision) for employee-only insurance plans100% employer-paid life insurance and AD&D100% employer-paid short-term disability and long-term disability100% employer-paid parking downtown Atlanta or monthly MARTA cardAffordable plans for legal insurance, critical illness, supplemental life, and moreEmployee Assistance ProgramRetirementImmediate eligibility to contribute to a 403(b) plan, plus a 6% employer-paid contribution after one year of employment—regardless of employee contributions.Culture and DevelopmentIndividual Development Plans (IDPs) for each team member including trainings, resources, and professional development opportunitiesTwo Wellness Rooms for mental health with self-care itemsFun monthly employee engagement activities