Rippleworks

Managing Director, Capital

Rippleworks

full-time

Posted on:

Location Type: Remote

Location: United States

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Salary

💰 $296,000 per year

Job Level

Lead

About the role

  • Strategically align Rippleworks' investment strategy with the organization's broader strategy of supporting the best social entrepreneurs in achieving significant scale. This includes direct investments and funding through collaborative philanthropy partnerships.
  • Manage, develop and coach the team
  • Support the team in executing a venture-friendly strategy and process for making, structuring and monitoring investments
  • Fund a world-class portfolio of high-impact, scalable social ventures
  • Work in partnership with the Sourcing team to develop and maintain strong and authentic relationships with aligned investors
  • Sit on the Rippleworks Leadership Team and Programs & Capital Department Leadership team, and participate in formulating the operationalization of Rippleworks' strategic direction
  • Collect, analyze, synthesize learning from the Rippleworks portfolio to answer whether Rippleworks is driving the type of impact we seek to have in the world; recommend shift in strategy to drive increased impact
  • Be a thought leader; influence the ecosystem to drive greater impact
  • Oversee the Capital team’s work to build out its support for Scaling Essentials; critical venture-level capabilities that the Rippleworks Capital team can uniquely support in addition to direct funding

Requirements

  • 15+ years of professional work that includes building and developing teams, investing, and deeply understanding the challenges of social ventures
  • At least eight years of experience directly managing a grant and investment portfolio
  • Strong track record of building and maintaining authentic relationships with key stakeholders, specifically other investors
  • Demonstrated ability to evaluate organizations for specific criteria, such as depth of impact, business model viability, stage of growth, strength of team
  • Track record of constructively challenging the way things are done in order to be lean, anti-bureaucratic, and pro-portfolio. You are on a mission to change the way funders show up and to reduce the related power dynamics.
  • Strong verbal and written communication skills, including experience interacting with investors, executives, and entrepreneurs
  • Track record of leading teams to execute and deliver results
  • Ability to lead multiple, diverse teams to accomplish shared goals
Benefits
  • Competitive Compensation & Benefits: Earn a salary of $296,000 with robust benefits, including medical, dental, vision, life, 401(k) + employer match, holidays, flexible PTO, wellness, and remote-work stipends. While Rippleworks has one global salary structure, the salary listed here reflects employees on US payroll. To keep total rewards equitable across countries, salaries may be adjusted if hiring in a country where employer-paid compulsory benefits are significantly more robust and costly than in the US.
  • Global Engagement: Travel opportunities to connect with the social impact ecosystem and experience Rippleworks' impact firsthand. Extend work trips through our Study Abroad Program for regional exploration.
  • Giving Back: Participate in our Community Grants program, awarding $50K to a nonprofit of your choice, plus a $2,500 charitable donation match for financial or volunteer contributions.
  • Growth-Oriented Culture: Access professional coaching, a generous learning budget, and regular team learning events to support personal and professional development.
  • Flexible Remote-First Environment: Enjoy flexible work hours, remote-first stipends, and meaningful virtual and in-person connections through Core Collaboration Weeks (2–3 times per year).
  • Sabbatical Benefit: After five years, take four weeks off for rest, travel, or personal exploration to refresh and re energize.

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
investment strategygrant managementportfolio managementimpact evaluationbusiness model analysisteam developmentventure fundingstrategic planningdata analysiscollaborative philanthropy
Soft skills
leadershiprelationship buildingcommunicationteam managementstrategic thinkinginfluenceproblem-solvingadaptabilitycollaborationcritical thinking