Portfolio Associate

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 opportunities 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!

Duties

The Portfolio Associate will be responsible for:

Loan Closing Coordination: Managing working group calls, coordinating loan document creation and execution, finalizing loan numbers and funding procedures, and owning responsibility for overall successful loan closing processes.

Post-Closing Support: Coordinating all post-closing loan-related events that relate to construction draws, follow-up with third-party participants, affect documentation, numbers or require a new amortization schedule.
Loan Monitoring: Managing loan monitoring, annual review, and continuing disclosure processes. Working with teammates and schools to ensure compliance deadlines and reporting requirements are met as well as troubleshooting any issues that are surfaced during the monitoring process.
Portfolio Monitoring: Working closely with Chief Credit Officer to track and report on portfolio level information as relates to financial, operational, and tax cove

Qualifications

Qualifications
3+ years of overall professional experience
1-2+ years of experience in community and/or commercial lending, asset management, 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 project management, debt financing and supporting lending processes strongly preferred
Strong attention to detail, 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

Salary

90,000

Application instructions

Contact email: [email protected]

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Equal Opportunity Employment

The posting employer has certified that this announcement complies with Peace Corps’ Equal Opportunity Employment policy:

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