Location

EFF is based in NYC but we are open to candidates from anywhere in the US. The role would be expected to travel 20-25% of the time.

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 combine mission-related investments and capital markets to offer school leaders much-needed access to low-cost, long-term loans as well as support from an expert team that has walked in their shoes.

To date, EFF has committed over $350 million to schools serving more than 35,000 students in predominantly low-income communities, providing them with savings to expand their impact and instill greater equity into the public education system. We have recapitalized on the bond market twice and we’re just getting started: by 2025, we plan to scale to over $2 billion in loans and take critical steps toward ensuring all great public schools have equitable financing options.

If you’re seeking to have community-level impact on a national scale, apply to join our team!

The Opportunity

The General Counsel (GC) will have the exciting opportunity to make an immediate impact at EFF – and on the national public charter school sector as a whole – as a senior member of its dynamic, growing team. The GC will oversee all legal work related to EFF’s lending, bond offerings and other financing, exempt organization status, governance, intellectual property, employment, contracting, licensing and other corporate compliance issues.  Our ideal candidate will energetically and enthusiastically approach the sometimes-ambiguous work of a startup, will contribute to building a collaborative, team-oriented culture of excellence, and will innovate alongside our entrepreneurial team.

Responsibilities

The General Counsel will be responsible for:

Supporting EFF’s governance activities by:

  • Reviewing and approving board of directors’ actions
  • Attending board of directors’ meetings
  • Ensuring sound corporate record keeping and board governance for both boards of EFF and EFF’s affiliated financing LLC
  • Ensuring compliance with organizational documents, including internal policies and procedures

Supporting EFF’s lending activities by:

  • Assisting with and issue-spotting related to loan transaction structures
  • Reviewing construction loan draws and construction management
  • Managing and coordinating outside counsel in the preparation of all legal documents related to EFF’s lending
  • Leading all loan closings in collaboration with the Chief Credit Officer, including attendance at borrower document signing meetings at various locations around the United States as necessary
  • Ensuring compliance with all applicable state licensing and business registration requirements
  • Ensuring legal compliance with respect to loan portfolio administration activities, including loan work-outs, defaults and exercise of remedies

Supporting EFF’s financing and tax-exempt bond offering activities through related LLC by:

  • Managing and coordinating outside counsel in the preparation of all legal documents related to EFF’s financing transactions and tax-exempt bond offerings
  • Ensuring compliance with applicable federal securities laws, including ensuring satisfaction of all continuing disclosure obligations related to publicly offered bonds
  • Ensuring maintenance of EFF’s exempt organization status, including state and federal filings and regulatory communications
  • Ensuring maintenance of bankruptcy-remote status of EFF’s related financing LLC, including monitoring of inter-company relationships and compliance with commercial and bankruptcy law

Leading general counsel and compliance work by:

  • Managing all outside counsel effectively and efficiently
  • Assisting Chief of Staff with preparation of board materials
  • Providing legal advice and/or coordinating outside counsel as needed to address any legal questions that may arise in the normal course of EFF’s day-to-day operations
  • Troubleshooting legal issues, such as but not limited to contracting, employment, intellectual property, cybersecurity, privacy, corporate, real estate, commercial law, bankruptcy and/or governance legal issues, as they arise
  • Ensuring corporate compliance under all applicable federal and state laws 
  • Working closely with EFF leadership to ensure highly-effective and high-functioning organizational strategy, growth and operations 

Qualifications

Above all, our General Counsel should be a driven, savvy, high-achieving professional with expertise in the complicated mechanics of public finance and tax-exempt bond offerings.  Experience with non-profit lending and/or charter school facilities is strongly preferred. Other qualifications and qualities include:

  • 10-15+ years of legal experience
  • 7+ years of public finance legal experience
  • Legal expertise in real estate, construction, entitlements, liens, etc., strongly preferred
  • Experience working with 501(c)(3) non-profits (as clients or as an employee) strongly preferred
  • Warm and approachable while being highly engaged
  • Significant experience building strong relationships with and effectively managing outside counsel
  • Excellence with project management of complex deals and documents
  • Ability to produce high-quality work product under tight deadlines
  • Outstanding organizational and time management skills
  • Track record of meeting and exceeding aggressive goals
  • Driven to develop, motivate, and inspire all members of the team
  • Extraordinary communication skills
  • Ability to collaborate across functional areas
  • Thrives when working in a fast-paced, evolving environment on complex, high-impact initiatives
  • Thrives in start-up setting and enjoys innovating with a team of educational entrepreneurs
  • Problem solving and solution-oriented mindset
  • Highly detail- and team-oriented
  • High degree of integrity and authenticity

Why Work with Us 

Why Work with Us At EFF, we believe that people are the most important asset to deliver on our mission to create equity within public education and financial markets. Working with us means that you will have:

  • Flexibility in your working schedule. We’re an “accountability with autonomy” team. This means that as long as we’re exceeding our goals we enjoy things like flexible/remote work and unlimited PTO.
  • Access to a rock star health plan. We pay up to 90% of medical, vision and dental benefits for employees and contribute partially for spouse/kids/family members.
  • Support to plan for your future. We offer a 401(k) dollar for dollar match of employee contributions, up to 6% of your total salary.

Reporting Relationships

The GC will report to the CEO, work closely with the Chief of Staff, and collaborate frequently with team members across functional verticals.

Apply for this Job

* Required

  
  


U.S. Equal Opportunity Employment Information (Completion is voluntary)

Individuals seeking employment at Equitable Facilities Fund are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation. You are being given the opportunity to provide the following information in order to help us comply with federal and state Equal Employment Opportunity/Affirmative Action record keeping, reporting, and other legal requirements.

Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.


Form CC-305

OMB Control Number 1250-0005

Expires 05/31/2023

Voluntary Self-Identification of Disability

Why are you being asked to complete this form?

We are a federal contractor or subcontractor required by law to provide equal employment opportunity to qualified people with disabilities. We are also required to measure our progress toward having at least 7% of our workforce be individuals with disabilities. To do this, we must ask applicants and employees if they have a disability or have ever had a disability. Because a person may become disabled at any time, we ask all of our employees to update their information at least every five years.

Identifying yourself as an individual with a disability is voluntary, and we hope that you will choose to do so. Your answer will be maintained confidentially and not be seen by selecting officials or anyone else involved in making personnel decisions. Completing the form will not negatively impact you in any way, regardless of whether you have self-identified in the past. For more information about this form or the equal employment obligations of federal contractors under Section 503 of the Rehabilitation Act, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

You are considered to have a disability if you have a physical or mental impairment or medical condition that substantially limits a major life activity, or if you have a history or record of such an impairment or medical condition.

Disabilities include, but are not limited to:

  • Autism
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, or HIV/AIDS
  • Blind or low vision
  • Cancer
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or hard of hearing
  • Depression or anxiety
  • Diabetes
  • Epilepsy
  • Gastrointestinal disorders, for example, Crohn's Disease, or irritable bowel syndrome
  • Intellectual disability
  • Missing limbs or partially missing limbs
  • Nervous system condition for example, migraine headaches, Parkinson’s disease, or Multiple sclerosis (MS)
  • Psychiatric condition, for example, bipolar disorder, schizophrenia, PTSD, or major depression

1Section 503 of the Rehabilitation Act of 1973, as amended. For more information about this form or the equal employment obligations of Federal contractors, visit the U.S. Department of Labor's Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.