Investment Associate 2024

Investment Associate

Apply By: October 9, 2024

Start Date: November 25, 2024

Salary Range: $55,000 - $60,000 commensurate with experience

Job Type: Full-time, 1-year Contract

Location: Remote/Canada

About Tapestry Community Capital

At Tapestry Community Capital, we’re democratizing how communities invest in their future. As a leading impact investing not-for-profit organization, we support other community organizations through the process of raising community bonds - an innovative financing tool used to fund socially and environmentally beneficial projects.

Tapestry’s clients have successfully raised over $110 million in community investment from thousands of retail and institutional investors. Our innovative approach supports community organizations with expert guidance, a custom-built investment platform, and a deep passion for social change. We support organizations by structuring their investment offerings, advising on fundraising, and provide a technology platform for investment administration.

Job Description

Tapestry is looking for a diligent and results-driven associate to assist the Impact Investment team with transaction management, client management and reporting.

This role will suit individuals who are organized and are quick learners, as we are a small team that manages multiple streams. We are also looking for a client-focused individual with experience in business communications. This role will work closely with the Impact Investing Lead and current Impact Investing Associate. We are cross-functional and highly collaborative by design, and the role will have many touchpoints with the entire team and our clients.

What you will be doing:

· Create and update reporting for clients, as well as stakeholders within Tapestry.

· Process membership forms and investment applications

· Generate and arrange for delivery of investment paperwork and approvals to investors and intermediaries, as require

· Meet or exceed customer service standards in managing emails, telephone calls and communications from clients and investors

· Process tax forms for our clients and members

· Assist with yield distributions for members/investors of our clients on a pre- determined schedule using Tapestry's infrastructure

· Track memberships and investments for our clients using prescribed reporting templates and create new tools as required

· Export and manipulate reports for our clients upon their request with an appropriate turnaround time

· Manage investments in projects by:

· Tracking interest earned on current investments

· Coordinating further investment or repayment of interest/principle as directed

· Following up to ensure funds are dispersed as directed and keep in-house documentation and tracking up to date and secure

Required to have:

· 1-3 years’ experience in an operations / transaction management

· Degree in bookkeeping, accounting, finance, business administration, or applicable experience

· Excellent organizational, time management and prioritization skills

· Ability to follow established protocols, but demonstrate flexibility to adapt to interruptions

· Experience in one-on-one customer service

· Experience creating reports in Excel for distribution to customers/stakeholders

· Experience working with database software, and/or accounting software

· Diligence and strong attention to detail

· Experience working in a highly regulated environment

· Data management, numeracy, and math skills

Awesome to have:

· Accounting, finance, or bookkeeping designation

· Knowledge of social enterprise and social finance

· Experience with payments systems and transaction management

· Experience with coordinating couriers, picking up and processing inbound and outbound mail

· Experience with scanning documents and digital filing by client and topic, ensuring proper naming protocol is being followed

· Bilingual (English with some level of written/oral French proficiency)

Compensation and Benefits:

· Competitive Annual Salary: $55,000 - $60,000, based on experience.

· Flexible Work Environment: Enjoy a remote-first approach with the option to work from home, our Toronto head office, or a paid membership to a co-working space in your community.

· Generous Time Off: 3 weeks of paid vacation, plus an additional two-week winter holiday office closure. Half-day Fridays during July and August and your birthday as an extra paid holiday.

· Comprehensive Health Coverage: Extended health benefits including paramedical, dental, and vision care.

· Financial Perks: RRSP matching plan, and reimbursements for 50% of home internet and 80% of cell phone expenses.

· Professional Growth: Participate in shaping the growth of a unique, impactful organization, and receive support for continuous learning and career development

Deadline: October 9, 2024

How to Apply

• Please submit a cover letter and resume in PDF and submit it to https://secure.collage.co/jobs/trec-tapestry/47761.

• In your cover letter, please address why you are interested in working for Tapestry and how you would be successful in ensuring the success of community investment campaigns.

We sincerely thank you for your interest in working with us. We are a small (but mighty!) team. Thus, only those chosen for an interview will be contacted. Tapestry Community Capital is fully committed to being an equal opportunity employer and evaluating all applications without discrimination or bias. We are also committed to acting on the values of Justice, Equity, Diversity, and Inclusion. We value and welcome applications from diverse experiences. We encourage you to apply even if you do not meet all the above-mentioned requirements.

Should you require special accommodations due to a different set of abilities, please do not hesitate to contact us at karen@tapestrycapital.ca or at 416-977-5093 ext. 0.

Tentative Selection Timeline

● Application deadline: October 9th

● First-round interview invites sent out: week of October 10th

● First round interviews*: week of October 14th

● Second round interviews: week of October 28th

● Offer sent out: week of November 8th

● Start date: November 25th

*Candidates who are selected for an interview will be paid a stipend of $75 for each interview they participate in and an additional amount for completing the assignment in the second-round interview.