What are the responsibilities and job description for the Vice President, School Quality position at Equitable Facilities Fund (EFF)?
Job Description
Job Description
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 invested over $1 billion in schools serving over 100,000 students, providing them with funding to amplify their impact. Equity is at the core of our mission, and we seek to create opportunity for students and communities that have traditionally been denied access to high-quality public schools. In 2023, EFF launched Fund II through which we will commit an additional $2 billion with increased prioritization for early-phase schools and schools run by leaders of color.
If you're seeking to have a community-level impact on a national scale, apply to join our team!
The Opportunity
The Vice President, School Quality 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 facilities. Reporting to the Chief Credit Officer, the Vice President will implement and iterate on EFF's school quality assessment methodology and ensure EFF invests its capital in schools and leaders who are truly moving the needle for student achievement. The Vice President, School Quality is a senior leader responsible for shaping and overseeing EFF's school quality methodology, conducting evaluations, and providing strategic recommendations to ensure investments align with the organization's mission of equity and impact. This role integrates thought leadership, strategic vision, and organizational influence while driving the development and management of academic covenants to ensure portfolio success and sustainability. The ideal candidate will have deep expertise in programmatic evaluation, a high bar for excellence, and a willingness to "get under the hood" to discern the full story behind school performance.
Who You Are
You believe all children deserve a quality education. You believe accountability is critical to schools delivering results for students.
You know what good teaching and school leadership look like. You've done it yourself and have coached teachers and leaders. You like getting in the grain and scrutinizing the quality ingredients that lead to successful charter school growth.
You love data. Whether it's state test results, MAP Growth data, internal culture metrics, or something else, you know how to analyze it and determine what it says about a school's performance.
You enjoy building evaluation frameworks and systems. You create and use them equitably to evaluate, recommend, and communicate decisions to others.
You know how to look around the corner and down the road. You stretch to consider the results a school will deliver for students not only this year but also over the next 5 years.
You relentlessly champion racial equity and DEI values. These values have shaped you as an individual and are non-negotiable drivers of personal and professional decisions you've made throughout your career.
Key Responsibilities Strategic Leadership
- Lead the continuous improvement of EFF's school quality framework, incorporating best practices and innovative approaches for evaluating academic, cultural, and operational effectiveness.
- Develop and oversee academic covenant frameworks that align borrower agreements with EFF's mission and financial objectives.
- Partner with Credit and Legal teams to design innovative, equity-focused covenant models that balance organizational goals with borrower needs.
Evaluation & Decision-Making
Covenant Management and Risk Mitigation
Thought Leadership
Organizational Leadership
Qualifications
Compensation & Benefits
The base salary range for this position is $160,500 - $191,600, however we expect to bring someone into this role at the midpoint to align with our compensation practices. This position offers up to a 10% annual bonus based on organizational performance. Compensation is competitive, commensurate with experience, and may be subject to modest adjustments for high-cost-of-living geographies. We are proud to offer excellent benefits including a 6% 401k match.
Location
We are open to applicants from across the continental U.S. The role will be expected to travel to NYC or other locations for 3 days each month to participate in team activities.
Reporting Relationship
The Vice President, School Quality will report to the Chief Credit Officer.
Salary : $160,500 - $191,600