Global Partnerships (GP) is a nonprofit impact investor whose mission is to expand opportunity for people living in poverty. For the past 20 years, GP has invested in a range of market-sustained social enterprises – including microfinance institutions, agricultural cooperatives and social businesses – that deliver essential goods and services to people living in poverty. GP’s investments are focused on four impact areas: health services, rural livelihoods, green technology and microentrepreneurship. Since inception, GP has invested over $160 million in 80 social enterprises across 13 countries.
Global Partnerships is a fast-paced, dynamic organization driven by our belief that markets have an essential role to play in bringing meaningful and sustainable opportunity to millions of people living in poverty. As pioneers in the nascent field of impact investing we must be flexible and adaptive to change. We seek bright, talented self-starters who are passionate about our mission. We value dedicated, strategic, collaborative, and aspirational individuals who are committed to learning and excellence.
RESPONSIBILITIES The Loan Closing Officer is a full-time position in our Seattle office. This role will be responsible for the timely closing of all loans to GP’s partners, acting as a project manager to coordinate the various members of the closing team. This includes close coordination with GP’s lawyers, the partners’ lawyers, GP’s staff and the partners’ staff to ensure timely completion of all required tasks prior to loan closing. This position will work under the supervision of outside counsel to draft legal documents related to our investments. Specific responsibilities include:
Loan Closing & Management
Track and manage Conditions Precedent (CPs) prior to loan closing, including working with legal counsel on legal review of CPs and maintaining an organized tracking system.
Work with local country counsel and US counsel to prepare loan agreements, amendments and other legal documents.
Maintain closing checklists and coordinate closing process and schedule.
Work with GP’s partners and staff to resolve closing issues and questions prior to loan closing.
Maintain organized loan filing system and contract management system.
Review invoices for transactions to ensure billing is in line with negotiated terms of engagement.
Loan Agreement Management
Support the elaboration of each fund’s loan agreement template in English under NY law, as well as the adaptation of the NY law template for each jurisdiction or local governing law, as applicable.
Track and maintain all loan templates by fund and by country.
General Responsibilities
Manage relationships with lawyers in each country and assist Director of Legal Services & Fund Management with negotiating rates/pro-bono agreements.
Assist with year-end borrower reporting requests.
Work with local counsel on Powers of Attorney or other documents or procedures necessary for lending activities in each country.
QUALIFICATIONS
Fluent in both English and Spanish (required)
Bachelors degree and 3-5 five years of experience working in business or legal environment, with a strong preference for experience working as a paralegal or loan closer
Knowledge of legal constructs in lending, with a preference for knowledge and/or experience with Latin American legal documentation and regulation for lending and finance
Strong project management skills and ability to work effectively with a diverse team, both internally and externally
Demonstrated experience making sound business decisions based on legal advice
Highly-organized with meticulous attention to detail and commitment to quality
Strong tendency to eagerly accept ownership of projects and to improve efficiencies
Ability to prioritize and manage multiple tasks in a fast-paced work environment
Strong computer skills, including proficiency in all Microsoft Office products
Commitment to and enthusiasm for Global Partnerships’ mission and business model, embodying our guiding principles: dedicated, strategic, collaborative, aspirational, learning and excellence.
HOW TO APPLY
Global Partnerships is an Equal Opportunity Employer and all qualified candidates are encouraged to apply. If interested, please send the following documents to info@globalpartnerships.org and include the title of the position that you’re applying for in the Subject Line so that it is directed to the right person. Failure to do so may cause a delay in reviewing your application. Interviews with final candidates are required.
Required Application Documents:
Cover letter
Resume
Finalists will be asked to submit references: name, contact information
IMPORTANT DATES & DEADLINES
Preference will be given to applications received by July 29, 2015 but position will remain open until filled.