Investment Analyst - Emerging Technology Fund (ETF)

About MassDevelopment:

MassDevelopment, the state’s development finance agency and land bank, works with businesses, nonprofits, banks, and communities to stimulate economic growth across the Commonwealth. During FY2022, MassDevelopment financed or managed 356 projects generating investment of more than $1.69 billion in the Massachusetts economy. These projects are estimated to create or support 11,080 jobs and build or preserve 1,778 housing units.

Why join our team?

MassDevelopment is committed to achieving three goals: stimulating business, driving economic growth, and helping communities across Massachusetts. Join our team of dedicated professionals to help drive our mission and make a meaningful impact in the communities where we live and work. MassDevelopment fosters a diverse and inclusive workplace and encourages all qualified applicants, including people of color, women, protected veterans, and individuals with disabilities, to apply.

Our total rewards package offers many generous benefits, including:

• Premium Medical and Dental Coverage
• Employer Contributions to Retirement Savings Plans
  • 7.5% employer contribution into a 401(a) Defined Contribution Plan 
  • 457(b) (with employer match up to 5%)
• Flexible Spending Accounts (FSAs)
• Employer-Paid Short- and Long-Term Disability
• Paid Parenting Leave
• Paid Time Off
• 12 Paid Holidays
• Fitness/Wellness Reimbursement
• Tuition Reimbursement
• Student Loan Reimbursement
• Matching Gifts
• Transportation Reimbursement
• Variety of Hybrid Work Opportunities

Take the next step in your career!  

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Job Summary:

MassDevelopment is accepting applications for an Investment Analyst - Emerging Technology Fund (ETF) in our Lending department within the Finance Programs division. This position will be a hybrid model, with a combination of remote work and in-office work in our Boston office.

Under the general direction of the Senior Vice President - ETF, the Investment Analyst - ETF provides support in the form of due diligence, analysis and research functions concerning senior secured and subordinated debt loan applications, as well as early stage equity investments. The position will provide independent analytical and administrative support, including preparing investment proposals for internal review and submission to appropriate approval committees, fund performance reports and portfolio updates.  

Essential Functions: 

• Analyze business plans, proforma financials and debt capacity of ETF applicants, and make recommendations to VP.
• Prepare first draft of loan and investment approval requests for review by VP and SVP.
• Conduct quarterly and annual reviews of portfolio companies.
• Prepare quarterly reports for Advisory Committee and legislature.
• Calculate returns on the Fund and individual loans/investments using various methodologies.
• Provide industry and market analysis to evaluate potential loan investments.
• Follow up on financial reporting and job reporting for portfolio companies.
• Other duties as assigned.

Minimum Qualifications:

• Bachelor’s degree in business, accounting, or finance.
• 3 years experience in any of the following fields: commercial banking, private equity, venture capital.
• Or combination of education and experience.
• Strong time-management skills, with proven ability to meet deadlines.
• Ability to work as part of a team and independently, as needed.
• Strong analytical, verbal and written communication skills.
• Proficient in Microsoft Office suite (Outlook, Word, Excel).
• Bilingual a plus.

Preferred Qualifications:

• MBA.
• Debt and/or equity investment experience. 
• Commercial lending experience.

Equal Opportunity Employer

MassDevelopment is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, ancestry, age over 40, protected veteran status, disability, sexual orientation, gender identity/expression, marital status, or other protected class.

Interested candidates should click on the link below to apply: 

apply here