Location(s): Washington, DC preferred, New York, or other locations considered

The Global Development Incubator (GDI) builds startups and partnerships to address some of the world's toughest global development challenges. We play a mix of the strategist and implementer role to spin out new initiatives over 24-36 months. Throughout each stage of our process, we bring together the right partners across sectors – including corporations, nonprofits, governments, and foundations – to help game-changing ideas scale their impact and prepare them for long-term success. GDI has offices in Washington DC, New York, San Francisco, Hong Kong, and Nairobi.

Development Impact Bonds (DIBs) are a new kind of funding mechanism to attract new sources of capital to solve global challenges. The DIB model differs from standard contracts for social programs by tying payments to clearly-defined and rigorously-measured outcomes.

Paying for performance provides incentives for a non-governmental organization service provider to maximize impact. Investors provide the working capital necessary to execute the intervention upfront. Outcome donors’ payments are conditional on the service provider producing—or exceeding—desired outcomes. Ongoing rigorous measurement generates an evidence base for future efforts, and improves all participants’ learning and growth towards delivering ever-more effective programs.

In late 2017 GDI began piloting the trustee role on a poverty alleviation DIB focused on sub-Saharan Africa.  The trustee role introduction of a centralized partner to manage legal and financial relationships with all parties, making DIBs more replicable, scalable, and affordable.  As interest in outcome based payment models grows, there is a growing need for a project manager to serve as the hub for management of our DIB related activities.

This highly independent role will be responsible for building and executing the infrastructure to effectively, efficiently, and accurately manage DIB related compliance, payments, reporting, and coordination for GDI.  This will range from start-up due diligence and risk assessment, ongoing relationship management with donors, tracking financial flows, managing reporting, and ensuring effective award documentation and closeout.  This is a unique opportunity for an entrepreneurial individual to be at the forefront of developing and shaping the operations of this new and growing financing mechanism.

This position reports to the Director of Finance at GDI, but will partner closely with internal (DIB and GDI) and external colleagues.

• Master’s degree and a minimum of 5 years relevant experience or equivalent
• Demonstrated knowledge of USG federal rules and regulations
• Familiarity with the operational requirements and expectations of other major international and private foundation donors, including experience conducting research in this area
• Experience developing systems, policies, and procedures 
• Exceptional project and relationship management skills
• Excellent attention to detail
• Strong experience with excel including the ability to manipulate and analyze data
• Self-starter with the ability to be identify priorities and make progress independently
• Intellectual curiosity, a demonstrated interest in learning new skills and expanding existing skills

The following qualities are a must for GDI employees

• Entrepreneurial “get things done” mindset and the ability to be productive and results-oriented in both collaborative and self-directed contexts

If you are interested in this position and meet the qualifications above, please submit a single PDF document containing a one-page cover letter and resume when applying.