Investment Associate


Raza Development Fund, Inc. (“RDF”) is a Community Development Financial Institution (“CDFI”) that invests capital and creates financial solutions to increase opportunities for Latino and poor families nationwide. Since inception, RDF has invested over a billion dollars in the areas of Education, Affordable Housing, Healthcare, Social Services, and Social Entrepreneurship nationwide. Our investment strategy is predicated on an ultra-high touch and value-added approach to supporting Latino owned and controlled organizations that prioritize premium outcomes benefiting low-income communities. RDF’s market position as a preferred capital partner enables superior project sourcing capabilities; and our team of impact investment professionals care deeply about the success of our clients. To that end, we bring more than just capital to the table – we make key connections; provide valuable advice; design and lead structured financings; and deliver innovative solutions. Operating as a non-regulated, specialty finance company, our due diligence process is decidedly values-based; fundamental, but forward looking; and we actively embrace complexity to capitalize on differentiated, impact investment opportunities.

RDF is currently seeking candidates for the role of Investment Associate to provide broad, community development underwriting support to its industry focused business unit Senior Directors, most of whom work remotely from Phoenix, AZ; Seattle, Washington; and New York, NY. The successful individual must be a creative self-starter; capable of custom-tailoring financing solutions for complex structured transactions that involve public/private partnerships, traditional debt, grant capital, and/or tax credit financing. In this role, you will work directly with borrowers, vet investment opportunities, provide technical assistance, conduct due diligence and financial analyses, draft credit memoranda, defend recommendations to credit committee(s), and coordinate the documentation and closing of secured and unsecured credit products for clients in all industries in which RDF invests capital. While preference will be given to applicants who are geographically proximate to the fund’s current operating bases in Phoenix and Seattle, a permanent remote role may be considered for the right candidate.

To succeed in this role, applicants should meet the following minimum qualifications:

  • Three years of financial underwriting, and/or community development finance experience working with non-profit organizations
  • Possess a comprehensive, working understanding of community development finance and traditional credit products
  • Ability to identify and mitigate credit and investment risk; and establish and monitor key performance indicators
  • Demonstrated ability to manage and prioritize multiple, concurrent objectives, projects, or activities; and work well under pressure and meet deadlines
  • Serve clients as a trusted advisor throughout the full-cycle of client relationships and provide technical assistance services, when necessary
  • Outstanding interpersonal skills with the ability to adapt to work both independently and collaboratively
  • Commitment to provide exceptional, value-added, solutions-oriented internal and external client service
  • Strong verbal and written presentation skills
  • Bachelor’s Degree; and a high degree of proficiency with Microsoft Office and remote connectivity platforms

Qualified candidates should send their resume of professional qualifications and experience, along with a cover letter to Adrian Ruiz, Chief Investment Officer via email at for immediate consideration.