Equitable Facilities Fund
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VP Credit
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Equitable Facilities Fund 16 hours ago Be among the first 25 applicants Join to apply for the
VP Credit
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Equitable Facilities Fund Get AI-powered advice on this job and more exclusive features. 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. 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.
About the Role
EFF is seeking a dynamic, experienced
Vice President of Credit
to lead the continued evolution of our investment strategy. In this critical role, you'll partner closely with our Managing Partner & Chief Investment Officer and senior leaders to guide credit decisions, streamline investment processes, and support the growth of a best-in-class charter school lending platform.
The VP of Credit will bring sharp analytical skills, sound risk judgment, and a deep commitment to mission-driven work. You'll help shape how we evaluate and manage credit risk, lead internal loan policy application, and serve as a key member in decision-making across the lending lifecycle, from screening to closing to portfolio monitoring.
Responsibilities
Credit Strategy & Investment Decision-Making
Support the CIO and investment teams in making high-quality credit decisions aligned with EFF's mission and risk appetite. Actively participate in key investment committees, including outreach triage, internal screening, and credit committee meetings. Refine and implement credit policies and risk frameworks that balance rigor with efficiency. Monitor portfolio credit health and surface key insights, trends, and risks.
Lending Support
Review term sheets, commitment letters, and loan documents to ensure consistency with EFF's credit standards. Coordinate internal processes for loan approvals, closings, and credit committee agendas. Step in to support or lead loan closings including making key business decisions related to loan provisions. Advise on post-closing matters such as amendments, waivers, tax/security issues, and complex borrower requests.
Sector Research & Thought Leadership
Lead research on emerging trends, regulatory issues, and credit challenges across jurisdictions. Develop whitepapers, presentations, and internal training materials to support credit decision-making and team education. Represent EFF at conferences, webinars, and sector roundtables to promote equitable lending and share best practices.
Process Improvement & Systems Optimization
Identify and implement process improvements across the credit and underwriting lifecycle. Help strengthen EFF's data-driven credit evaluation tools and reporting systems.
Stakeholder Engagement
Collaborate with internal teams to support lending goals and ensure consistent execution. Engage with schools, authorizers, investors, and sector leaders to share EFF's approach and reinforce our values. Support sector-wide efforts to advance equity, innovation, and excellence in charter school lending.
Internal Leadership & Team Development
Directly manage a Director, providing mentorship, coaching, and oversight to execute credit objectives effectively. Work closely with EFF's underwriting, portfolio management, and impact teams to ensure seamless coordination across all phases of the lending process. Contribute to strategic planning, decision-making, and organizational initiatives that enhance EFF's impact and operational effectiveness. Perform other related duties as assigned.
Qualifications
10+ years of credit, underwriting, or risk management experience, ideally in mission-driven lending, charter school finance, community development, or impact investing. Strong track record in credit structuring and risk assessment. Skilled communicator—able to explain complex concepts clearly to a range of stakeholders. Proven ability to build consensus and collaborate cross-functionally. Systems thinker with a knack for identifying process gaps and implementing improvements. Collaborative, mission-aligned, and ready to lead with both head and heart. Bachelor's degree in Business Administration or a related field (Master's preferred) CPA, CFA, or other relevant credentials are a plus.
Compensation and Benefits
The salary band for this position is $160,500 - $191,600, however we expect to bring someone into this role at the midpoint with eventual upside 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 for 3+ days each month to participate in team activities.
Reporting Relationship
The Vice President, Credit will report directly to the Managing Partner and Chief Investment Officer.
Physical Requirements & Work Environment
The position primarily involves working in a standard office setting, requiring prolonged periods of sitting and using a computer. Minimal physical effort is required beyond typical office tasks such as typing, filing, and attending meetings virtually or in-person. The role will be expected to travel for 3+ days each month to participate in team activities. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. Seniority level
Seniority level Executive Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Civic and Social Organizations Referrals increase your chances of interviewing at Equitable Facilities Fund by 2x Get notified about new Vice President of Credit jobs in
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VP Credit
role at
Equitable Facilities Fund 16 hours ago Be among the first 25 applicants Join to apply for the
VP Credit
role at
Equitable Facilities Fund Get AI-powered advice on this job and more exclusive features. 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. 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.
About the Role
EFF is seeking a dynamic, experienced
Vice President of Credit
to lead the continued evolution of our investment strategy. In this critical role, you'll partner closely with our Managing Partner & Chief Investment Officer and senior leaders to guide credit decisions, streamline investment processes, and support the growth of a best-in-class charter school lending platform.
The VP of Credit will bring sharp analytical skills, sound risk judgment, and a deep commitment to mission-driven work. You'll help shape how we evaluate and manage credit risk, lead internal loan policy application, and serve as a key member in decision-making across the lending lifecycle, from screening to closing to portfolio monitoring.
Responsibilities
Credit Strategy & Investment Decision-Making
Support the CIO and investment teams in making high-quality credit decisions aligned with EFF's mission and risk appetite. Actively participate in key investment committees, including outreach triage, internal screening, and credit committee meetings. Refine and implement credit policies and risk frameworks that balance rigor with efficiency. Monitor portfolio credit health and surface key insights, trends, and risks.
Lending Support
Review term sheets, commitment letters, and loan documents to ensure consistency with EFF's credit standards. Coordinate internal processes for loan approvals, closings, and credit committee agendas. Step in to support or lead loan closings including making key business decisions related to loan provisions. Advise on post-closing matters such as amendments, waivers, tax/security issues, and complex borrower requests.
Sector Research & Thought Leadership
Lead research on emerging trends, regulatory issues, and credit challenges across jurisdictions. Develop whitepapers, presentations, and internal training materials to support credit decision-making and team education. Represent EFF at conferences, webinars, and sector roundtables to promote equitable lending and share best practices.
Process Improvement & Systems Optimization
Identify and implement process improvements across the credit and underwriting lifecycle. Help strengthen EFF's data-driven credit evaluation tools and reporting systems.
Stakeholder Engagement
Collaborate with internal teams to support lending goals and ensure consistent execution. Engage with schools, authorizers, investors, and sector leaders to share EFF's approach and reinforce our values. Support sector-wide efforts to advance equity, innovation, and excellence in charter school lending.
Internal Leadership & Team Development
Directly manage a Director, providing mentorship, coaching, and oversight to execute credit objectives effectively. Work closely with EFF's underwriting, portfolio management, and impact teams to ensure seamless coordination across all phases of the lending process. Contribute to strategic planning, decision-making, and organizational initiatives that enhance EFF's impact and operational effectiveness. Perform other related duties as assigned.
Qualifications
10+ years of credit, underwriting, or risk management experience, ideally in mission-driven lending, charter school finance, community development, or impact investing. Strong track record in credit structuring and risk assessment. Skilled communicator—able to explain complex concepts clearly to a range of stakeholders. Proven ability to build consensus and collaborate cross-functionally. Systems thinker with a knack for identifying process gaps and implementing improvements. Collaborative, mission-aligned, and ready to lead with both head and heart. Bachelor's degree in Business Administration or a related field (Master's preferred) CPA, CFA, or other relevant credentials are a plus.
Compensation and Benefits
The salary band for this position is $160,500 - $191,600, however we expect to bring someone into this role at the midpoint with eventual upside 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 for 3+ days each month to participate in team activities.
Reporting Relationship
The Vice President, Credit will report directly to the Managing Partner and Chief Investment Officer.
Physical Requirements & Work Environment
The position primarily involves working in a standard office setting, requiring prolonged periods of sitting and using a computer. Minimal physical effort is required beyond typical office tasks such as typing, filing, and attending meetings virtually or in-person. The role will be expected to travel for 3+ days each month to participate in team activities. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. Seniority level
Seniority level Executive Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Civic and Social Organizations Referrals increase your chances of interviewing at Equitable Facilities Fund by 2x Get notified about new Vice President of Credit jobs in
New York, NY . New York, NY $190,000.00-$340,000.00 2 weeks ago New York, NY $135,000.00-$203,000.00 1 month ago MSIM PC&E - Private Credit- Senior Associate/ Vice President
Senior Credit Vice President - Project Finance
New York, NY $140,000.00-$160,000.00 3 days ago New York, NY $250,000.00-$275,000.00 1 day ago New York, NY $150,000.00-$225,000.00 1 week ago New York City Metropolitan Area $185,000.00-$240,000.00 1 week ago Investor Relations - Credit, VP/Principal
New York City Metropolitan Area $200,000.00-$300,000.00 3 weeks ago Investment Banking Vice President (or Senior Associate) Restructuring
New York, NY $225,000.00-$275,000.00 2 weeks ago SVP, Credit Reserve and Basel Advanced Approaches Oversight (Hybrid)
New York, NY $163,600.00-$245,400.00 1 week ago Vice President, Structured & Asset Backed Credit
New York, NY $150,000.00-$265,000.00 4 days ago AVP, Credit Portfolio Analytics and Strategy
New York City Metropolitan Area $90,000.00-$120,000.00 3 weeks ago New York, NY $250,000.00-$300,000.00 2 weeks ago New York, NY $122,000.00-$164,000.00 2 weeks ago Senior Loan Workout Specialist, Vice President
New York, NY $160,000.00-$225,000.00 1 month ago Senior Vice President, Asset Managers & Insurance Lending
New York, NY $102,000.00-$190,000.00 1 week ago Vice President, Investment and Corporate Banking Advisory Compliance Officer- Americas (“ICBA”)
New York, NY $140,000.00-$190,000.00 6 days ago Model Risk - Treasury Validation: Vice President
New York, NY $120,000.00-$200,000.00 1 week ago New York, NY $178,000.00-$280,000.00 1 week ago Vice President, Enterprise Non-Financial Risk Program Strategy Lead
New York, NY $120,000.00-$205,000.00 2 weeks ago New York, NY $110,000.00-$205,000.00 4 months ago Vice President, Credit Technology Program Manager
New York City Metropolitan Area $180,000.00-$205,000.00 3 days ago Vice President, Corporate Banking (Healthcare)
New York, NY $75,000.00-$180,000.00 1 week ago New York, NY $160,000.00-$210,000.00 1 month ago New York, NY $110,000.00-$175,000.00 1 week ago New York, NY $120,000.00-$205,000.00 2 months ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr