Home / Jobs
(this posting is now closed/inactive)
Director, K-12 Education
Atlanta, GA 30303 United States
Reinvestment Fund offers a competitive salary based on experience and skills, as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) savings plan with employer match, flexible spending accounts (medical, dependent care and transportation), tuition reimbursement, professional development, paid time off, and EAP program.
Only current U.S. residents will be considered
Reinvestment Fund is a national leader in rebuilding America’s distressed towns and cities, through the innovative use of capital and information. Reinvestment Fund has invested $1.8 billion into community revitalizing and job-creating projects and enterprises over our 35-year history. We bring together individual investors, banks, government officials, private foundations and faith-based and community organizations to invest in projects that transform communities. Through strategic investment, leadership in public policy, and data analysis, we put resources in the communities of greatest need in the manner that achieves the greatest good. A community development finance institution (CDFI), Reinvestment Fund finances housing, community facilities, schools, community health centers, healthy food access, commercial real estate and energy efficiency projects. It also provides public policy expertise by helping clients create actionable solutions and by sharing data and analyses via www.PolicyMap.com. The company maintains a AA issuer rating from S&P, as well as a four star with Policy Plus, AAA by AERIS (highest rating available from industry rating agency).
ABOUT THE POSITION
Reinvestment Fund provides financing to high quality K-12 schools serving low income communities to support their facility needs. Based in Philadelphia, Reinvestment Fund has provided over $355 million of financing and $117 million in New Markets Tax Credit allocation to support school facility projects, primarily in the Mid-Atlantic region. The significant majority of this financing has supported public charter schools, but some has also gone to specialized private schools serving low income children and other models. Reinvestment Fund recently opened an office in Atlanta, GA, and is seeking a Director of K-12 Education to expand Reinvestment Fund’s school financing and support other lending activities. As noted above, in addition to financing schools, Reinvestment Fund also finances a range of other facilities and services, including housing, grocery stores and other food businesses, and health care facilities. This position may be called on to provide underwriting assistance for these kinds of projects as well, in conjunction with subject matter experts from the central office in Philadelphia. This position represents an excellent opportunity for a skilled professional to use his/her transactional skills, creativity, and experience to create partnerships and originate high impact transactions to create, expand, and improve school facilities.
Essential Duties and Responsibilities
• Expand Reinvestment Fund’s school financing work by identifying strategic partnerships that will lead to new business development opportunities in the Southeast.
• Develop a pipeline of projects and transactions that meet Reinvestment Fund’s lending goals and objectives.
• Underwrite school financing requests including analyzing historical and projected financials, academic performance and management capacity, organizational structure, and project feasibility.
• Collaborate with lending partners, including banks and other Community Development Financial Institutions (CDFIs), to structure financings.
• Serve as a recognized Reinvestment Fund leader in the charter school lending sector, representing Reinvestment Fund at various business and public sector events.
• Assist with asset management of the K-12 portfolio, as needed.
• Support other lending business lines, particularly in the Southeast.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• Bachelor’s degree required – Master’s Degree preferred in Business, Development Economics, Urban/Regional Planning, or other relevant field of study.
• 5+ years of lending or community development experience, and familiarity with community facilities lending within a bank or CDFI a plus.
• Alternatively, (i.e. fewer years of lending experience) two to three years of recent experience working in a charter school, charter school management organization, or with a charter school developer, preferred.
• Experience with development pro-forma, cashflow projections, and financial statement analysis required.
• Familiarity with the New Markets Tax Credit program, preferred.
• Demonstrated ability to manage multiple, complex transactions at various stages and coordinate with internal and external parties to meet approval and closing deadlines.
• Strong verbal and written communication skills with the ability to effectively interact with executives from the public and private sectors.
• Ability to collaborate in a team environment as well as manage certain projects independently.
• Well-developed organizational and decision making skills.
• Experience creating and managing external client relationships.
• Proficient in utilizing the MS Office Suite of programs, especially Excel.
job seeker links
Bankjobs.com™ is a subsidiary of Careers, Inc. ©1996-2017