Director, Early Childhood Capacity Building & Grant-Making

Company: Reinvestment Fund

Locations: Philadelphia (Headquarters), PA; Baltimore, MD; Atlanta, GA

Job Function: Project Management


Background

About Reinvestment Fund

Headquartered in Philadelphia, PA, Reinvestment Fund operates nationally with regional offices in Baltimore, MD and Atlanta, GA. Reinvestment Fund is a national mission driven financial institution that creates opportunity for underserved people and places through partnerships. We marshal the capital, analytics, and expertise necessary to build strong, healthy, and more equitable communities.

As a federally certified community development financial institution (CDFI), our job is to make finance an agent of positive change and equitable growth. We provide loans, grants and technical assistance to businesses and nonprofits. Our borrowers and grantees educate students, support local economies, and create jobs. They build affordable housing and provide community goods and services that include access to nutritious food, hunger relief, physical and mental health care, and other social services.

Reinvestment Fund offers its staff an unrivaled platform to combine business acumen and financial skills with social mission. At Reinvestment Fund, you’ll be part of a talented and passionate team of communicators and business development staff, lenders, portfolio managers, analysts, grant program managers, accountants, and policy researchers who bring their unique talents to our mission.

Reinvestment Fund is currently undergoing a multi-year race, equity, and inclusion organizational change process, and we are seeking candidates who share a commitment to advancing racial equity and anti-racism and are prepared to engage in that work.

About Early Childhood Education at Reinvestment Fund

Early childhood education (ECE) is fundamental to our economy’s health and ability to expand access to opportunity among a wider segment of Americans: families across the income spectrum need reliable childcare to work; ECE owners and staff need to earn money, build wealth, and plan for the future; and children need high quality ECE to increase their school readiness, academic achievement, and lifetime earnings. Yet perhaps no other sector is so essential to our society’s functioning and sustainability and is as poorly compensated and undervalued as ECE.

For these reasons, Reinvestment Fund is committed to supporting the sector through a growing series of programs to support the creation and retention of high-quality early education opportunities, supporting both high-quality ECE facilities and financial sustainability of ECE businesses.

During the pandemic we operated multiple relief/recovery programs, but chief among our core programs are: Fund for Quality (FFQ), Early Learning Quality Fund (ELQF) and the Philadelphia Revolving Loan Fund.

Summary

The Director for Early Childhood Capacity Building and Grant-Making (Program Director for ECE) may be based at Reinvestment Fund’s Atlanta, Baltimore, or Philadelphia office. The position requires travel (30%) to other Reinvestment Fund offices and project locations throughout the Southeast to perform programmatic field work and engage stakeholders.

Reporting directly to the Chief Program Officer, the Program Director for ECE will work with internal and external stakeholders to design, develop and implement effective and engaging programs that provide capital and technical assistance to ECE businesses serving low-income families in select communities across the country. This individual will join Reinvestment Fund’s Capacity-Building and Capital Access Programs team delivering technical assistance, capacity building and grant programs.

This is an excellent opportunity for a self-motivated individual with both a team approach and systems-oriented thinking skills to help grow, further develop, and implement innovative programs. The Program Director for ECE will be expected to work independently and collaboratively with program staff, participants, consultants, vendors, and other stakeholders.

Responsibilities

Leadership and Communications

  • Lead Reinvestment Fund mission to close gaps in availability of high-quality childcare in low-income communities and promote the importance of high-quality facilities in child development settings.
  • Design new programmatic activities as opportunities are identified and collaborate with Reinvestment Fund fundraising team on development proposals.
  • Serve as the external face of ECE for Reinvestment Fund with a wide array of stakeholders including foundation leaders, non-profit and for-profit executives, and possibly state and federal legislators.
  • Cultivate and manage relationships with external program partners for ECE – funders, advisors, program/client constituencies, vendors, and consultants.
  • Manage ECE team members across office locations working on multiple initiatives with different funders. In conjunction with CPO, develop and oversee overall budget for ECE team.
  • In conjunction with the Communications and Investor Development (CID) group, lead marketing and communications of ECE programs, with an eye to lifting our national visibility.
  • Lead Reinvestment Fund’s national ECE financing and policy efforts, representing us and educating funders and policymakers.
  • Support the CPO efforts to maximize the strategic value of program activity across Reinvestment Fund.
  • Direct programs’ contribution to building the CDFI field through various forums including written distillation of research and analysis.

Program Management, Grants Management and Program Implementation

  • Report to ECE funders in format and timeline as outlined in the program contracts/grant agreements. Ensure adherence to workplans and manage contract/grant close-out.
  • With assistance from Reinvestment Fund finance, grants management, and compliance teams, create and manage ECE program budgets, funder agreements and any associated contract agreements with subcontractors delivering programmatic and technical assistance services.
  • Support ECE staff in implementation of programming for applicants and recipients of financial and technical assistance (including development of applications and eligibility criteria, awards, funding disbursements, workplans and budgets, compliance and reporting, and ongoing project tracking).
  • Maintain project files in excellent condition and consistent with organizational policy and departmental procedures, with sufficient documentation for third-party review, prepare files for timely audits.

Requirements

Skills and Qualifications

  • Demonstrated content expertise and familiarity with ECE quality improvement programs and at least two other of the following dimensions of learning: community development, personal finance/tax, ECE policy, small business lending.
  • Demonstrated success developing program models, and selecting and successfully operationalizing, innovative programs.
  • Demonstrated interest in and understanding of ECE policy.
  • Strong project management skills and track record of managing complex, multifaceted projects resulting in measurable successes and program growth.
  • Experience having worked with a high-performance, collaborative, constructive peer group.
  • Comfort managing up, down, and sideways to achieve transformative outcomes.
  • Ability to balance large picture perspective with tactical details. High degree of comfort working in an emergent entrepreneurial setting.
  • Excellent verbal and written communication skills for a variety of audiences with exceptional attention to detail.
  • Experience in managing, communicating, and reporting to external funders.
  • Personal qualities of integrity, credibility, and a commitment to and passion for Reinvestment Fund’s mission and work.
  • Inspiring leadership and relationship building; able to quickly build trust and credibility with both internal and external stakeholders.
  • Technical Aptitude – Advanced proficiency with Microsoft Office, particularly Excel, Word, and PowerPoint; able to pick up new systems quickly; has familiarity with database structures and definitions; comfort in interfacing data between various systems; understanding of CRM principles and functionality; demonstrated experience in business process analysis.
  • Demonstrated customer service orientation – ability to support applicants and customers through the life cycle of a grant or loan patiently and with a mindset toward furthering their understanding of the capital access process.
  • Communication Skills –Ability to create and communicate ideas through speech and written communications. Effectively uses data visuals and other presentation materials to establish facts; ability to communicate in meetings using a consultative, collaborative, client-oriented approach.
  • Collaborative Nature – a positive “can-do” attitude and demonstrated calmness and composure in times of uncertainty and stress; strong work ethic and a desire to make an impact; high level of emotional intelligence and ability to influence others without authority.
  • Strategic Thinker and Implementer – Ability to understand overarching business goals, transform them into business requirements, and logical steps toward achieving a business objective; able to participate in all project management roles, and has cross-functional business experience.

 

Compensation and Benefits

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) retirement savings plan with employer match, flexible spending accounts (medical, dependent care), commuter benefits, tuition reimbursement, paid time off, and EAP program.

 

How to Apply

To Apply: Please complete the online application by clicking the following Link: 

APPLY HERE

COVID-19 Vaccination Update: We value the safety and well-being of our RF community, which includes staff and beyond. As such, our team has chosen to require all staff,

interns, and contractors to be fully vaccinated as a contingency of employment. candidates should consider this requirement before applying.

Reinvestment Fund uses E-Verify to validate all new hires’ ability to legally work in the United States. Reinvestment Fund is an Equal Opportunity Employer. Reinvestment Fund does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job-related disabilities, or status as a veteran.

Reinvestment Fund, Inc. has an affiliate, RF Impact Advisers, Inc. (“RFIA”) that is a state-registered investment adviser. In order to advance compliance with and prevent violations of federal and state securities laws and to avoid even the appearance of a conflict of interest, RFIA has adopted a Code of Ethics to govern certain conduct of its staff, including certain staff of Reinvestment Fund because Reinvestment Fund is an advisory affiliate of RFIA. As part of this Code of Ethics, there are specific personal reporting and other requirements and disclosures of personal financial and/or securities transactions information. For certain individuals, this reporting will extend to your household members. You may be subject to a background check.