Why this role stands out
Step into a high-impact leadership role where you will drive national educational equity by managing strategic lending initiatives and underwriting investments for public charter schools. You will thrive in this position if you are a mission-driven finance expert who enjoys collaborative, entrepreneurial problem-solving and wants to leverage your skills to secure a competitive salary of up to $156,700. Take the next step in your career and apply today to join a supportive, hybrid team dedicated to transforming communities through sustainable capital solutions.
Quick overview
Job description
About Equitable Facilities Fund (EFF)
Equitable Facilities Fund (EFF) is a national nonprofit social impact fund that transforms how high-impact public charter schools access the capital they need to grow and thrive. We believe schools should spend more on students, not on financing their buildings. We provide school leaders with affordable, flexible facilities financing and the support of a team with deep expertise in both education and complex financial transactions. By dramatically lowering the cost and barriers to capital, EFF helps schools invest more resources where they can have the greatest impact: in students, educators, and the communities they serve.
To date, EFF has committed over $2 billion to schools serving more than 145,000 students, predominantly in communities historically furthest from opportunity. Our loans have generated over $350M in savings for schools, which serve predominantly low-income students of color. If you’re seeking to have a community-level impact on a national scale, apply to join our team!
The Opportunity
The Director, School Lending and Underwriting will play a critical role in EFF’s efforts to ensure that every high-impact charter school serving historically marginalized communities has a pathway to affordable financing. Reporting to the Partner and Principal, School Investments, the Director will manage the lending process and develop investment recommendations that adeptly balance credit quality and impact while supporting the growth of the loan portfolio. The Director will also lead cross-functional and special projects that advance the Underwriting team and the broader organization.
The ideal candidate will enjoy entrepreneurial, multifaceted work, relationship-building, and relentless problem-solving, and possess expertise in mission-driven lending and investing with specific experience working with charter schools.
Essential Duties and Responsibilities
- Deal Analysis and Underwriting: Manage the structuring, underwriting, and preparation of 10–12 transactions annually for Credit Committee approval. Conduct comprehensive credit analysis, lead each transaction through the underwriting process, and delegate deal-specific responsibilities to associates. Collaborate closely with other Directors and Vice Presidents across the Underwriting team to ensure rigorous, consistent, and efficient execution.
- Process and Relationship Management: Serving as key point of contact for schools throughout the underwriting process and interfacing with EFF’s Lending and School Outreach and Asset Management teams to ensure all school borrowers (new and repeat) have a positive experience. The Director will also build deep underwriting expertise and sector knowledge in 3-5 key geographic markets, leading deals there, including interacting with local intermediaries and stakeholders.
- Systems Development: Leading the ongoing development and refinement of systems and procedures, including the use of AI, to optimize EFF’s lending practice.
- Organizational Excellence: Participating in organizational and cross-functional team-building, strategic planning, and goal-setting processes.
- Special Projects: Depending on skills and interests, lead and support special projects designed to advance EFF’s mission and efforts to serve more schools, including representing EFF at conferences and on panels.
- Perform other related duties as assigned.
Qualifications
- 6+ years of relevant professional experience in CDFI lending, commercial lending, investment banking, charter school financial management, impact investing, or a related field.
- Bachelor’s degree in business administration, finance, or a related field.
- Unwavering commitment to EFF’s mission to address educational, financial, and racial inequities.
- Demonstrated commitment to diversity, equity, and inclusion through professional, investment, academic, or community experience. Examples may include work with a CDFI, affordable housing developer, credit union, social impact fund, foundation PRI program, university impact investing initiative, nonprofit organization, or nonprofit board or committee.
- Experience conducting financial, operational, and programmatic due diligence of charter schools.
- Demonstrated ability to manage team members and complex workflows.
- Exceptional quantitative and financial analysis skills, including the ability to develop and assess financial models as needed.
- Excellent written and verbal communication skills.
- Strong, creative problem-solving skills and the ability to adapt and pivot in support of a growing organization.
- Customer-service orientation and demonstrated ability to collaborate across functional teams.
- High degree of integrity and authenticity, complemented by a good sense of humor.
- Willingness to travel approximately 25%–35% of the time.
Compensation and Benefits
The target salary band for this position is $120,500 - $156,700; however we expect to bring someone into this role at the midpoint ($138,603) with eventual upside to align with our compensation practices. Final compensation will be determined based on experience, qualifications, and internal equity. This position offers up to a 10% annual bonus based on organizational performance, and we are proud to offer excellent benefits, including unlimited PTO and a 6% 401k match.
Location
We welcome applicants from across the continental U.S. The role will require travel 6+ days most months to participate in team activities, conduct school site visits, and represent EFF at statewide, regional, or national conferences and convenings.
Similar jobs
- WC
Mortgage Loan Servicing Specialist IRecently posted Auto Apply
Wings Credit Union · Colorado Springs, CO · Hybrid 🇺🇸
Microsoft ExcelMicrosoft WordCall Center+1Finance$20 - $23/hr - GI
Mortgage Loan Processor/CloserRecently posted Auto Apply
Greater Iowa Credit Union · Ames, Iowa · On-site 🇺🇸
Microsoft OfficeComplianceUnderwritingFinance$200k/yr - MC

Loan Operations SpecialistRecently posted Auto Apply
Metropolitan Commercial Bank · New York · Hybrid 🇺🇸
OnboardingMicrosoft ExcelOperations & Project Management$75k - $85k/yr - RE

Temporary Consumer Lending Loan CoordinatorRecently posted Auto Apply
Redwoodcu · Santa Rosa · On-site 🇺🇸
ComplianceEmployee EngagementExternal Audit$23 - $29/hr - WR
IC Deeding Closing OfficerRecently posted Auto Apply
Westgate Resorts · Orlando, FL · On-site 🇺🇸
SalesSalary not listed - PJ
Loan OriginatorRecently posted Auto Apply
Private Job Board · Fort Mill · Hybrid 🇺🇸
Microsoft ExcelEnvoyCompliance+1Finance$7 - $15/hr - WC
Mortgage Lending Officer - Outside SalesRecently posted Auto Apply
Wings Credit Union · Windsor, WI · Hybrid 🇺🇸
Microsoft ExcelComplianceProspecting+2Sales$66k/yr - PJ
TEST - Loan Originator - Dallas TX (do not use)Recently posted Auto Apply
Private Job Board · Dallas · Hybrid 🇺🇸
Microsoft ExcelEnvoyCompliance+1Finance$7 - $15/hr - CF

Director of ESOP LendingRecently posted Auto Apply
Climate First Bank · United States - Remote · Remote 🇺🇸
OnboardingComplianceDiversity & Inclusion+4Salary not listed - JF
Mortgage Banking Officers Auto Apply
Jobs for Humanity · West Des Moines, Iowa · On-site 🇺🇸
UnderwritingFinanceSalary not listed - RE

Loan Closing Coordinator I Auto Apply
Redwoodcu · Napa · On-site 🇺🇸
ComplianceEmployee EngagementMental Health+1$24 - $31/hr - LI

Program Officer, LendingRecently posted Auto Apply
Local Initiatives Support Corporation · Chicago · Hybrid 🇺🇸
SourcingMicrosoft ExcelMicrosoft Office+7$84k - $105k/yr
