Director, School Investments

Guest Author

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  • Full Time
  • Remote
  • $110,000 - $135,000 USD / Year

Website Equitable Facilities Fund

About Equitable Facilities Fund (EFF) 

Equitable Facilities Fund (EFF) is a nonprofit social impact fund that’s on a nationwide mission to help high-performing public charter schools spend more money on students and less on the costs of borrowing for their facilities. We offer school leaders simple and much-needed access to low-cost loans combined with support from an expert team that has walked in their shoes.

To date, EFF has committed over $1 billion to schools serving over 75,000 students, providing them with funding to amplify their impact. Equity is at the core of our mission, and we invest in schools that create opportunity for students and communities that have traditionally been denied access to high-quality educational opportunities.

If you’re seeking to have a community-level impact on a national scale, apply to join our team!

The Opportunity

The Director, School Investments will play a critical role in EFF’s effort to ensure every high-impact charter school operating in historically marginalized communities has a pathway to affordable financing. Reporting to the Principal, School Investments, the Director will manage investment processes and recommendations that contribute to a high-impact portfolio of school loans. They will also be tasked with supporting and optimizing the performance of junior members of the underwriting team. The ideal candidate will possess excellent analytical skills, enthusiastically approach the sometimes-ambiguous work of a startup, and contribute to building a collaborative, team-oriented culture of excellence.

Responsibilities

The Director, School Investments will be responsible for:

  • Deal Analysis and Underwriting: Managing the structuring, underwriting, and preparation of 10 to 12 transactions per year for credit committee approval. The Director will lead the underwriting process for all  deals they work on and also delegate deal-specific workflows to associates and analysts.
  • Process and Relationship Management: Serving as key point of contact for schools throughout the underwriting process and interfacing with EFF’s School Success team to ensure all school borrowers have a positive experience.
  • Underwriting Team Management: Directly managing two analysts hired through EFF’s EFA program and collaborating with Principal to support effective underwriting team functioning and high-quality work delivered by all team members.
  • Systems Development: Leading or supporting the ongoing development and refinement of systems and procedures to optimize EFF’s lending practice.
  • Organizational Excellence: Partaking in team-building, strategic planning, and goal-setting processes.
  • Special Projects: Depending on skills and interests, opportunities to lead and support special projects designed to advance EFF’s mission and efforts to serve more schools.

Qualifications

  • 5-7+ years of professional experience in charter school, CDFI, and/or commercial lending; investment banking; charter school financial management; and/or impact investing
  • Unyielding commitment to EFF’s mission to ameliorate educational, financial, and racial inequities
  • Demonstrated advocacy for diversity, equity, and inclusion in workplace and investment practices
  • Experience with financial, operational, and programmatic due diligence of charter schools required
  • Proficiency in managing teammates and major work flows
  • Top notch quantitative, financial modeling, and analysis skills
  • Ability to communicate effectively and clearly in written mediums
  • Strong problem-solving skills and an ability to think “outside the box” and pivot as needed to support a growing business
  • Customer service orientation and ability to collaborate across functional areas
  • High degree of integrity and authenticity and a good sense of humor
  • Willingness to travel up to 25% of time

Compensation & Benefits

The starting salary for this position is $110,000 – $135,000. Starting compensation is commensurate with experience and may be subject to modest adjustments based on geography. We are proud to offer excellent benefits including a 6% 401k match; fitness stipends/perks; and unlimited PTO.

Location

We are open to applicants from across the U.S. The role will be expected to travel to 3+ days each month to participate in team activities most months.

Reporting Relationship

The Director, School Investments will report to the Principal, School Investments.

To apply for this job please visit boards.greenhouse.io.