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Careers July 22, 2022

Director, Early Childhood Capacity Building and Grant-Making

Department Programs
Location Atlanta / Baltimore / Philadelphia

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. 

Work Location

This role is available to applicants located within proximity of Reinvestment Fund’s Philadelphia office, Atlanta, GA, and Baltimore, MD. 

About the Position

Reinvestment Fund is maintaining a 100% remote work environment through September 2022 due to COVID. After Labor Day we will provide a hybrid home/office work arrangement with a combination of working remote and two days in a Reinvestment Fund office location to allow for face-to-face interactions. Depending on the nature of the job, a more flexible work schedule may be considered. 

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 RF offices and project locations throughout the Southeast to perform programmatic field work and engage stakeholders. 

Responsibilities

Combines a broad understanding of the CDFI sector, Reinvestment Fund’s institutional history and mission driven accomplishments with messaging that cohesively reinforces Reinvestment Fund’s position as a national leader in the CDFI field. Creates and leverages strategic communications, digital marketing, and social media activities to promote organizational visibility and influence across a broad array of audiences:  

  • Communities and constituents Reinvestment Fund serves, such as borrowers and residents of neighborhoods where our capital is deployed 
  • Local, state, and national legislators
  • Branches of the Federal government such as Treasury, HUD, and USDA
  • Existing and prospective institutional and individual funders and investors
  • Staff and Board  

Maintains up to date knowledge of prominent activity sets across the organization’s three main business areas of lending and investing, programs and policy. Creates communications strategies and campaigns to effectively promote high profile transactions, grantmaking and technical assistance achievements and research and data analytics to targeted local and national audiences.  

Develops and implements an integrated, organization-wide strategic communications plan for programs and business lines (lending and investing, programs and policy). This includes development, curation, design, production, and distribution of messaging and content to support Reinvestment Fund’s organizational priorities as well as build awareness of its impact and brand identity. Also includes supporting strategies around impact (messaging, description, UN SDGs) and improvements to impact tracking and data. 

Oversees program-specific communications. This includes web development for new programs/initiatives, tactical campaigns with accompanying marketing collateral, communication plans with media outreach, as well as communications to internal audiences (all staff, senior leadership, board).  

Proactively identify and prioritize opportunities to raise the visibility of Reinvestment Fund’s leaders and experts: draft thought leadership products such as op-eds, articles, or essays for placement in external publications; prepare talking points, speeches, presentations, articles, and other strategic communications materials as needed. 

Manages and oversees several staff members supporting both internal and external communications, marketing, and branding, as well as third-party consultants. Serves as the central connecting point for all communications across the organization, enabling the efficient exchange of quantitative, qualitative, and anecdotal information.  


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) – Currently operating in Philadelphia, the Fund for Quality is a targeted investment fund that is expanding the availability of quality early childhood education in Philadelphia. It is a partnership between Reinvestment Fund and Public Health Management Corporation (PHMC) with support from the William Penn Foundation and Vanguard Strong Start for Kids Program™. Through business planning support and facilities-related financing, the fund enables high-quality providers to expand their services to reach more low-income families. 
  • Early Learning Quality Fund (ELQF) – Currently operating in Washington, D.C., ELQF is capitalized through a program-related investment (PRI) and grant support from the Bainum Family Foundation. It provides technical assistance services and funding for minor facility improvements.  
  • Philadelphia Revolving Loan Fund – Beginning in 2018, this fund offers flexible and low-interest loans to early childhood education providers in Philadelphia. Loan sizes vary from $5,000 – $50,000 and are primarily unsecured in nature. The fund is capitalized with grant dollars made available from the William Penn Foundation.  
About the Position 

The expectation is that Reinvestment Fund will continue to grow these core programs as well as take the lead on more specialized programs and initiatives in the future. 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. Reinvestment Fund manages several initiatives with the support of local or national foundations, and state, local and federal public agencies, and governments.  

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.  
Education and Experience 

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 ability required. 

  • Bachelor’s degree required, advanced degree in related field preferred. 
  • At least 7 years of relevant work experience with three of those years in a team management role.  
  • Related job experience with increasing levels of expertise and ownership in Grants Management, Financial Services, Nonprofit Management, Project Management, Government, or other related analytical fields a plus. 
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) savings plan with employer match, flexible spending accounts (medical, dependent care and transportation), tuition reimbursement, paid time off, EAP program, and professional development opportunities.  

To Apply

Please click on the Apply For Position button below and attach your resume and a cover letter.

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”), which 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.

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.