Equitable Facilities Fund
About the organization
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 $600 million to schools serving 50,000 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 Investment Associate will play a critical role in EFF’s efforts to provide over $2 billion of affordable charter school facility financing by 2026. Reporting to an Investment Principal, the Associate will support the sourcing, underwriting, and closing of a high-impact portfolio of school loans. 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.
The Investment Associate will be responsible for:
Origination and Underwriting: Supporting the structuring, underwriting, and preparation of 6 to 8 transactions per year for credit committee approval.
Outreach and Sourcing: Participating in EFF’s efforts to develop a pipeline of potential high quality loans through various marketing and outreach initiatives.
Data Management: Supporting the maintenance of a database of school and deal-related information including financial, project, enrollment, and academic data.
Systems Development: Partnering with other team members to develop and refine 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.
3+ years of overall professional experience
1-2+ years of experience in community and/or commercial lending, debt financing, 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 or similar entities highly preferred
Top notch quantitative, financial modeling, and analysis skills
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 10-25% of time
Contact email: [email protected]
Equal Opportunity Employment
The posting employer has certified that this announcement complies with Peace Corps’ Equal Opportunity Employment policy:
The Peace Corps is committed to providing equal opportunity to all employees, Volunteers, and applicants for employment and volunteer service. Peace Corps policy prohibits discrimination and harassment because of race, color, religion, sex, national origin, age (40 or over), disability, sexual orientation, gender identity, gender expression, marital status, parental status, political affiliation, union membership, genetic information, or history of participation in the Equal Employment Opportunity process, grievance procedure, or any authorized complaint procedure.
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