VP, Asset Management

Job Title: Vice President, Asset Management Department: Asset Management Reports To: Partner & Principal, Asset Management FLSA Status: Exempt About Equitable Facilities Fund (EFF) Equitable Facilities Fund (EFF) is a nonprofit social impact fund on a nationwide mission to help high-performing public charter schools spend more on students and less on borrowing costs 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. C.

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 educational opportunities. In 2023, EFF launched Fund II through which we will commit an additional $1 billion, leading to $3 billion in investments by 2028. Job Summary The Vice President, Asset Management is a pivotal leadership role at EFF, advancing our mission to ensure that every high-impact charter school serving historically marginalized communities has a clear pathway to affordable, sustainable financing.

Reporting to the Principal, Asset Management, the Vice President will serve as a senior steward of EFF's lending portfolio — bringing rigor, strategic insight, and deep sector expertise to all dimensions of portfolio and loan monitoring. The Vice President will own the full lifecycle of portfolio oversight: tracking school performance, monitoring covenant compliance, and producing high-quality internal and external reporting materials. They will serve as EFF's lead relationship manager with rating agencies and will play a central role in maintaining EFF's portfolio report to the bond market — translating complex data into compelling, investor-ready narratives.

Responsibilities

, the Vice President will contribute to high-priority special projects and serve as a thought leader across all aspects of charter school lending and investing. This is a role for a leader who thrives at the intersection of financial rigor and mission impact — someone with the technical depth to manage a complex portfolio and the judgment to navigate mission-driven capital deployment.

: Portfolio Monitoring & Risk Management Oversee EFF’s annual and ongoing portfolio review process, ensuring comprehensive monitoring of financial performance, enrollment trends, and academic outcomes. Develop and maintain risk monitoring frameworks, early warning indicators, portfolio health metrics, and reporting dashboards to identify emerging borrower risks before they become material issues. Lead the assessment, remediation, and resolution of covenant breaches, financial distress, operational challenges, and other borrower performance concerns.

Ensure timely escalation of material portfolio risks to the Principal, Asset Management and Senior Leadership Team. Covenant Compliance & Regulatory Oversight Direct all aspects of borrower covenant monitoring and compliance management across the portfolio.

Requirements

Communicate with school leaders and governing boards on corrective action plans, compliance remediation strategies, and operational improvements necessary to maintain compliance with loan agreements. Coordinate with internal and external legal counsel, consultants, auditors, and advisors on compliance matters, risk mitigation strategies, and borrower interventions.

. Systems, Technology & Process Innovation Lead the modernization and continuous improvement of