Director of Community Investment (Pritzker Traubert Foundation)

Flexibly Focused•Chicago, IL

19d

About The Position

Pritzker Traubert Foundation is seeking a Director of Community Investment to lead implementation of its Community Investment portfolio, including the Chicago Prize initiative, and advance place-based, equitable economic opportunity in Chicago. Reporting to the Chief Strategy Officer, the Director will strengthen the Foundation’s neighborhood and community investment efforts and manage the Chicago Prize’s multi-stage challenge process, from open call and diligence through Board approval and grant deployment. The Director will assess and support complex community development and real estate projects, including those involving layered capital stacks, public subsidy, multiple institutional partners, and significant execution risk. Working with grantees, community leaders, funders, civic institutions, and public-sector leaders, the Director will support high-impact investments, strengthen partnerships, mobilize additional capital, and evolve the portfolio in innovative and responsive ways. The role combines strategic thinking with hands-on implementation, project and program management, stakeholder coordination, and portfolio learning.

Requirements

Bachelor’s degree required.
Minimum eight to ten years of relevant experience in community development or finance, economic development, philanthropy, real estate development, public policy, consulting, or related fields.
Demonstrated experience evaluating, managing, financing, or supporting complex real estate and community development projects, including projects involving public subsidy and multiple sources of capital.
Proven ability to cultivate funding partners, build cross-sector coalitions, and manage complex partnerships involving multiple funders and stakeholders.
Demonstrated commitment to equity and expanding economic opportunity.
Ability to work effectively in a small, entrepreneurial team environment.

Nice To Haves

Experience in a client-facing advisory role and/or supporting complex decision-making with a Board of Directors.
Legal, policy, fundraising, and/or strategic communications experience related to economic development.
Interest and ability in using AI to manage processes and inform strategy and operations.

Responsibilities

Manage the Chicago Prize open call and diligence process, including work planning and implementation, stakeholder engagement, strategic communications, recommendations to the Foundation’s Board, and grant deployment.
Manage day-to-day relationships with community partners, grantees, peer funders, consultants, and other stakeholders.
Monitor grant progress, including milestones and draw requests, and identify opportunities for additional support using Foundation resources or collaborations.
Develop and manage relationships with funding partners, cultivate prospective co-funders, coordinate shared diligence and decision-making, and manage partner engagement through grant deployment.
Lead portfolio learning and evaluation to assess outcomes, identify lessons, and inform future investments.
Identify funding partners and build coalitions to support community partners and advance projects.
Identify process refinements and opportunities to scale existing partnerships and impact.
Develop recommendations for investments, partnerships, and portfolio priorities for Board consideration.
Support and build processes that can be replicated across portfolios.
Stay informed about trends, policies, and practices in community development, economic development, neighborhood revitalization, and philanthropy.
Identify and support communications opportunities that elevate grantees, partners, and the Foundation’s work.

Benefits

Base salary of $160,000–$175,000, based on experience and qualifications.
Annual bonus opportunity of up to 10%.
Medical, dental, and vision insurance coverage.
Paid vacation, personal, sick, and holiday leave.
Retirement and additional benefits consistent with Foundation policies.
Long-term disability, life, and AD&D insurance.
Healthcare and dependent care FSAs.
Transit benefits.
401(k) plan.
Access to an on-site gym.
$10,000 annual discretionary giving benefit to approved nonprofit organizations after the employee’s first year.