Senior Impact Investment Manager

Job Description

Black Farmer Fund (BFF) is seeking a full-time Senior Impact Investment Manager to lead the underwriting, structuring, and management of our investment portfolio. In a traditional Community Finance Institution (CFI), this role would be equivalent to a Lending Officer, but at BFF it also centers on advancing racial, economic, and climate justice in the food system.

The Impact Investment Manager will:

• Independently manage deals from intake through closing.
• Conduct thorough financial and operational due diligence.
• Structure and negotiate investment terms.
• Monitor portfolio performance and provide support for restructuring when needed.

The ideal candidate combines strong technical lending skills—including financial analysis, due diligence, and loan structuring—with a commitment to supporting Black farmers and driving equitable impact in the food and agriculture sectors. This role reports directly to the Investment Director.

Job Details

• $85,000 - $95,000 depending on experience;
• Reports directly to the Investment Director;
• Remote, full-time position (must reside in Northeast) with 5%-10% travel for in-person events and workshops;
• Benefits include 4 weeks PTO; generous paid holidays; self-care stipend; work from home stipend; professional development stipend; IRA employer match; medical, dental, and vision health insurance coverage.

Responsibilities

Investment Sourcing & Underwriting (60%)

• Manage financial due diligence on prospective investments, including review of financial statements, cash flow projections, credit analysis, collateral, and risk assessment.
• Draft and present investment memos to the Investment Committee with clear recommendations.
• Structure loan and integrated capital packages (loans, grants, technical assistance) in alignment with BFF’s non-extractive principles.
• Negotiate loan terms and coordinate with legal counsel to finalize documentation.
• Develop financial models and conduct scenario stress-testing.

Portfolio Management & Servicing (25%)

• Monitor borrower performance through regular reporting, site visits, and relationship management.
• Identify early warning signals of repayment challenges and design/implement restructuring strategies as needed.
• Maintain accurate loan servicing records, impact tracking, and covenant monitoring.
• Collaborate with the Business Support team to align technical assistance with portfolio needs.

Pipeline Development & Ecosystem Engagement (10%)

• Identify and evaluate new investment opportunities aligned with BFF’s mission.
• Build and maintain relationships with food system entrepreneurs, cooperatives, and ecosystem partners.
• Represent BFF’s investment strategy at outreach events, workshops, and panels.

Reporting & Communications (5%)

• Prepare analyses of total portfolio performance and risk profile for internal and external stakeholders.
• Collaborate with Communications to develop investment case studies and impact storytelling.

Required:

• Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field.
• 6+ years of direct experience in small business lending, CDFIs, community banks, or impact investing funds, including underwriting responsibility.
• Demonstrated track record of credit analysis, investment structuring, and portfolio monitoring.
• Strong financial modeling, Excel, and quantitative analysis skills.

Preferred:

• Master’s degree or relevant certifications (e.g., CFA, CRED).
• Background in agricultural lending, food systems finance, or related sectors.
• Experience managing distressed loans and restructures.
• Familiarity with integrated capital models and non-extractive lending approaches.

Skills & Attributes:

• Strong alignment with BFF’s mission and solidarity economy values (racial, economic, and climate justice; cooperative ownership; systems change).
• Ability to balance rigorous credit assessment with community-based, values-aligned decision making.
• Exceptional written and verbal communication; able to present complex financial information clearly.
• Highly organized and detail-oriented, with the ability to manage multiple deals simultaneously.
• Comfortable working independently in a remote environment while contributing to a collaborative team.

Deadline: October 31 2025