Analyst, Fund Management (Chicago)

Who We Are

Broadstreet Impact Services is an impact financial services company with two connected businesses: fund services and fund management. We support impact investing, where funds pursue financial returns and measurable real-world outcomes. We provide fund administration and operational support to fund managers and manage select investment vehicles directly, including private loan funds and a specialized tax credit investing platform (the federal New Markets Tax Credit program). Across our platform, we manage about $500M in assets through funds we operate and oversee, and we administer about $1.9B in assets under administration for clients.

The Role

Broadstreet Impact Services is seeking a detail-oriented and analytical Fund Management Analyst to support the oversight of multi-asset loan funds and New Markets Tax Credit (NMTC) funds. This role works closely with Fund Managers to support financial modeling, investor relations, asset and portfolio management, compliance, and financial analysis across Broadstreet’s investment funds.

The Fund Management (FM) team serves as the primary point of contact for Broadstreet’s Fund Services clients and plays a critical role in fund development, financial structuring, investor engagement, asset and portfolio management, and credit decision-making. This position offers exposure across the full lifecycle of impact investment funds, from launch through deployment and exit.

Compensation

The base salary range for this role is $65,000–$76,000, commensurate with experience and qualifications. This position is also eligible for a discretionary annual bonus.

What You'll Do

Financial Analysis and Modeling:

• Assist with maintaining investment fund models, managing and monitoring fund performance, and ensure compliance with fund agreements. This includes:
• Reviewing IRR schedules
• Comparing actual results to projections
• Reviewing projections to ensure they are based on reasonable assumptions
• Preparing quarterly fund reports for investment funds
• Reviewing legal documents
• Comprehend and adhere to programmatic compliance rules for the New Markets Tax Credit program. This includes running various calculations to confirm sufficient funds have been deployed into investments and distributions up the structure are within limits.
• Track, compile, and complete reporting for various investment funds
• Perform scenario analysis based on different outcomes and contextualize how this could impact a fund.
• Assist in the building and review of new models for funds being launch

Investor Relations and Business Development

• Assist in managing client/investor communication and preparing regular updates for investors including investor presentations
• Aid in preparing for business development meetings and onboarding new investors/clients
• Perform ad hoc financial analysis, due diligence, and work as assigned

Portfolio Management:

• In coordination with partner lenders, monitor transactions from closing to exit by evaluating and reporting on the borrowers’ financial, operational, and community impact performance
• Collect and review all required reporting from borrowers to ensure compliance with loan agreements and NMTC requirements; maintain reporting requirements calendar and reminder system
• Prepare portfolio reports and summarize performance for Broadstreet management, deal partners, clients, and investors
• Support NMTC investment deal qualifications and preparation of qualification documents.
• Help with preparation of underwriting memos and presentations for various investment committees.

Qualifications

• Undergraduate degree in Finance, Economics, Accounting, or experience in related field
• Broad knowledge of financial markets and interest in impact investing
• Interest in structured finance and/or public-private investing
• Highly organized with the ability to work independently and manage multiple projects simultaneously.
• Strong analytical skills and proficiency in Microsoft Excel
• Demonstrated interpersonal skills with the ability to work well in a dynamic team environment
• Self-motivated and driven with the willingness to take on a leadership role

Equal Employment Opportunity Statement

Broadstreet Impact Services provides equal employment opportunities to all employees and applicants for employment and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, ancestry, age, disability, genetic information, marital status, veteran status, or any other status protected by applicable law. In addition to federal law requirements, Broadstreet complies with applicable state and local laws governing nondiscrimination in every location where the company operates.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, compensation, benefits, training, discipline, and termination. Broadstreet expressly prohibits harassment or discrimination based on any protected characteristic. Conduct that interferes with an employee’s ability to perform their job or creates an intimidating, hostile, or offensive work environment will not be tolerated and may result in disciplinary action, up to and including termination.