Grand Challenges Canada is dedicated to supporting Bold Ideas with Big Impact®. Funded by the Government of Canada and other partners, Grand Challenges Canada funds innovators in low- and middle-income countries and Canada. The bold ideas Grand Challenges Canada supports integrate science and technology, social and business innovation – known as Integrated Innovation®. One of the largest impact-first investors in Canada, Grand Challenges Canada has supported a pipeline of over 1,300 innovations.


Grand Challenges Canada (GCC) is seeking an Investment Associate to play a critical role in supporting the implementation and coordination of transition to scale investments in global health.

GCC is dedicated to supporting Bold Ideas with Big Impact®. Funded by the Government of Canada and other partners, GCC funds innovators in low- and middle-income countries and Canada. The bold ideas we support integrate science and technology, social and business innovation – we call this Integrated Innovation®. We have a determined focus on results, and on saving and improving lives. GCC works closely with a global network of partners to bring successful innovation to scale, catalyzing sustainability and impact.

Through the Transition to Scale program, GCC provides catalytic investment to innovators who have achieved proof-of-concept and are now seeking to scale their solution. GCC provides both grant and non-grant financing, as well as technical support, to best support the growth and impact goals of innovators. Since 2011, GCC has supported over 230 innovators at Transition to Scale.

Investment Associate

Under the direction of the Social Finance Manager and working closely with the Programs Team, the Investment Associate will work to ensure efficient, high quality coordination of a range of investment activities for the Transition to Scale portfolio. The Investment Associate will support engagement with partners, innovators and contractors at all stages of investment/contract management and reporting (i.e. financial due diligence, negotiation, portfolio management and reporting), mitigate risk and raise issues with Management as necessary.

Key responsibilities include:

  • Coordinating the monitoring, administration, and close-out of existing non-grant investments
  • Ensuring timely and accurate delivery of non-grant investment reports and valuations, including to the Board of Directors
  • Conducting financial analysis and modelling; acting as point of contact for non-grant investment related questions for both internal and external stakeholders
  • Supporting process improvements for financial due diligence and non-grant finance reporting
  • Coordinating negotiation processes for new investments
  • Contributing to knowledge management and translation of project and programmatic data
  • Coordinating and supporting execution of investment-related activities including innovator outreach to complete reporting requirements, triaging reports received for approvals, and processing contract amendments
  • Ensuring innovator reporting is complete and compliant, including a review of progress against investment milestones
  • Providing other investment and organizational support as needed, which could include supporting funder information requests, restructuring analyses and valuations of GCC’s portfolio of investments


  • Completion of a Bachelor’s Degree in a relevant discipline (e.g., finance or accounting) or recognized equivalent; CFA level I/II/II designation a bonus
  • Demonstrated ability to evaluate and develop financial models, and conduct sensitivity analysis
  • Demonstrated interest in and knowledge of relevant domains (e.g., social finance/impact investing, global health)
  • Experience working in a fast-paced working environment
  • High level of proficiency with word-processing, database and spreadsheet software (including but not limited to the Microsoft Office suite)
  • Demonstrated commitment to impact; proactive, balancing planning and execution
  • High level of attention to detail
  • Demonstrated critical thinking and problem solving skills
  • Excellent organizational and time management skills
  • Highly developed interpersonal skills with demonstrated ability to work well independently and within a team; experience working cross-culturally an asset

Click here to Apply


July 16, 2021




Full-time Permanent




Grand Challenges Canada