Manager, Portfolio Sourcing

Who We Are

Rippleworks Foundation believes all people should have equitable access to the resources and opportunities to live life to the fullest. Our mission is to relentlessly focus on the needs of social ventures by providing practical support for impactful entrepreneurs and their teams so Ventures can improve more lives. Rippleworks’ programs has directly supported 250 ventures by running 275 projects in 60 countries, held workshops for over 1,000 leaders and has deployed $150 million in unrestricted funding to our Ventures.

We are nearly a 50 person team on a mission to help impactful ventures thrive. We strive to  create the best possible workplace for purpose-driven professionals to make an outsized difference in the world: learning, growing and having fun together along the way. Diversity, equity, inclusion and belonging (DEIB) are at the center of our work. It’s a key part of our strategy and shows up every day in the way our team partners and collaborates. We seek individuals to join our team who are equally as committed. 

Rippleworks has been named one of the World’s Most Innovative Companies (by Fast Company) and one of the world’s Best Workplaces for Innovators (by Fast Company and Accenture)

We support our portfolio of Ventures 3 ways:

Rippleworks Projects: Rippleworks leads short-term, high-impact projects where social ventures address key operational challenges through customized engagement that pair ventures with industry-leading executives who bring deeply relevant entrepreneurial experience. 

Rippleworks Leaders Studio: Rippleworks designs and delivers practical, interactive, expert-led learning sessions designed specifically for social venture leaders who are seeking to learn and grow. Rippleworks partners with leading industry executives to run interactive, results-driven learning programs where social venture leaders gain the critical skills they need to deliver impact at scale. 

Rippleworks Capital: Rippleworks provides hard-to-find capital required for scale (grants and investments in the $1M-$3M range) to 50+ ventures working in 80+ countries.

Our Commitment to Diversity Equity Inclusion & Belonging: We know inequities exist across the globe and are perpetuated by practices such as systemic racism and colonialism. 

Rippleworks is taking an active role in disrupting these inequities that disadvantage historically excluded people. As such, diversity, equity, inclusion and belonging (DEIB) is integral to realizing this vision. 

We are an equal opportunity employer and committed to improving diversity, equity, and inclusion at Rippleworks. Candidates from racially underrepresented and marginalized groups  (Black, Latinx, Native American or individuals with national origins from developing countries that reflect the communities we serve) are strongly encouraged to apply. Rippleworks also complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email christina@rippleworks.org.

Hiring Key Dates:

- Applications Open: January 21, 2025

- Applications Closed: February 4, 2025

The Portfolio Sourcing Manager will build and maintain the portfolio of social impact ventures we work with and to ensure we drive the most impact we can. You will engage with a wide range of stakeholders across all sectors and geographies.  You will be responsible for finding ventures, evaluating if they meet our criteria, conducting ongoing evaluation of ventures, and that will drive our learning about venture impact and engagement.

Responsibilities

• Lead and own evaluation of new and existing ventures to deliver high-quality recommendations for placement within our portfolio in a venture-friendly manner
• Build strong relationships and communicate with ventures and partners in a clear and timely way

• Work collaboratively with other Rippleworks teams, specifically Venture Success and Learning & Impact teams, to onboard and conduct on-going evaluations of ventures

• Contribute to work to align shape and health of our portfolio with our strategy, including key characteristics like sector, geography, and proximate leadership teams
• Contribute to sourcing and evaluating new ventures based on our strategy by developing and maintaining strong relationship with partners and working with the Capital team
• Contribute to Identifying and sharing out of data-driven insights across the portfolio to improve our understanding of the market and venture-level impact over time to inform our strategy
• Led key work streams for the team, including defining systems and processes and owning analysis and reporting, for the team
• Contribute to building the culture of our team and collaboration across the company 

About You

Competencies for this role 

• Business Insight: You have experience working directly with a social impact portfolio. You apply your knowledge of the social venture ecosystem and the broader ecosystem to support ventures in our portfolio and advance Rippleworks’ goals.  
• Decision Quality: You make smart, timely decisions with limited information. You are a strong critical thinker, and you are able to walk someone else through your thought process in a clear and concise way.
• Effective Communication: You develop clear, appropriate communications that account for the needs of different audiences. You articulate your thoughts in a concise, direct, and thoughtful manner. You distill ambiguous, complex ideas and data into simple and clear written materials. You actively listen to gain a full understanding of any situation. 
• Instill Trust: You gain the confidence and trust of others through honesty, integrity, and authenticity, and you always follow through on commitments. 
  

Core competencies for all Rippleworks employees

• Customer Focus:  You have a customer-first mentality (both internal and external customers) and seek out opportunities to stay close to our customers to understand and meet their evolving needs.
• Agile Learning: You continuously and actively learn through experimentation when tackling new problems, using both successes and failures as growth opportunities. 
• Interpersonal Skills: You relate openly and comfortably with diverse groups of people. You use deep empathy to build relationships and work collaboratively in a team environment and are particularly attuned to different and at times competing stakeholder needs and requirements. You treat everyone fairly and equitably.
• Managing Ambiguity: You’re able to navigate dynamic, changing situations and make decisions or create a path forward with imperfect or incomplete information. You Remain calm when things are up in the air; comfortably handle risk and uncertainty.
• Driving for Meaningful Results: You consistently and effectively deliver, and mobilize others to deliver, results as well as identify ways to improve that make a positive impact.  

Requirements

• 6+ years business experience in an entrepreneurial environment, demonstrating deep operational experience at a fast-growth organization
• Strong verbal and written communication skills, including experience interacting with executives
• Track record of executing and delivering results with strong organizational skills

• Demonstrated ability to understand and evaluate organizations for specific criteria, such as social impact, business model viability, stage of growth, strength of team
• Strong preference for demonstrated experience leveraging data to inform actionable insights and recommendations 
• Demonstrated written and verbal communication skills to conduct business in Spanish is a plus

Benefits

What We Offer

• Competitive Compensation: Earn a salary of $163,000 with robust benefits, including medical, dental, vision, life, disability insurance, 401(k) + employer match, holidays, flexible PTO, wellness, and remote-work stipends.
• Global Engagement: Travel opportunities to connect with the social impact ecosystem and experience Rippleworks' impact firsthand. Extend work trips through our Study Abroad Program for regional exploration.
• Giving Back: Participate in our Community Grants program, awarding $50K to a nonprofit of your choice, plus a $2,500 charitable donation match for financial or volunteer contributions.
• Growth-Oriented Culture: Access professional coaching, a generous learning budget, and regular team learning events to support personal and professional development.
• Diversity & Inclusion: Join a globally diverse team that values varied backgrounds, experiences, and perspectives.
• Flexible Remote-First Environment: Enjoy flexible work hours, remote-first stipends, and meaningful virtual and in-person connections through Core Collaboration Weeks (2–3 times per year).
• Sabbatical Benefit: After five years, take four weeks off for rest, travel, or personal exploration to refresh and re energize.