About EFT@JFFLabs

The Employment Technology Fund ("ETF" or "ETF@JFFLabs") is an impact investment fund housed with JFFLabs, a subsidiary of JFF. JFF is a national nonprofit that drives transformation in the American workforce and education systems. For 35 years, JFF has led the way in designing innovative and scalable solutions that create access to economic advancement for all. Join us as we build a future that works.  

As the nature of work changes, businesses can seize the moment to increase their value and improve economic opportunity for their employees. JFFLabs, formed in 2018 as the innovation engine of JFF, mobilizes promising technologies and strategic partnerships to scale solutions that expand economic advancement for all. We bridge the gap between companies and startups, traditional education and workforce systems, and investment.

ETF@JFFLabs invests in companies that harness the power of technology and entrepreneurship to improve economic opportunity and mobility for underserved communities.

We are on a mission to seed the most inspirational, uplifting and engaging workforce development and employment technology tools which help improve career pathways and create economic mobility. ETF@JFFLabs is the first impact investment fund to focus entirely on workforce and future of work technologies. The companies we invest in provide access to skills training and opportunities for millions of disadvantaged adults living in the US. Learn more about EFT@JFFLabs here.

About the position:

We are seeking a Managing Director level hire to join our ETF@JFFLabs team. This is an opportunity to be a senior member of a small but growing team. You will have the opportunity to shape many aspects of what we are building. It’s very important to us that you believe in our mission, find a genuine joy in serving others, you are passionate about supporting entrepreneurs, and can problem-solve. If you love innovation, an energizing work environment and believe in the power of technology to improve life opportunities for adults, this could be your dream job.

As one of the most active Future of Work / Workforce Technology impact investors in the market, you can expect to be exposed to lots of exciting work. The companies we invest in are shaping the future of work and providing opportunity to millions - we are excited for what is around the corner. We need your help to grow ETF@JFFLabs to the next level.

What you’ll do:

Strategy 

  • Provide input into ETF investment strategy and help lead the management and execution of the ETF and any subsequent/ related funds
  • Work with JFF leadership to align the fund’s vision with JFF’s New Horizons strategy ensuring that ETF investments and activities remain aligned with JFF’s mission 
  • Grow and empower a network of the most promising ventures in the employment technology sector
  • Conduct an annual review of ETF portfolio performance, to identify and assess investment performance, including social impact metrics such as jobs created, increased income, hours of training, etc. 
  • Help manage the ETF Advisory Board and Investment Committee meetings
  • Provide strategic support to founders and CEOs in the ETF portfolio to more rapidly scale effective solutions, including validating sales/revenue models, making introductions to potential partners, funding pilots to validate measurable impact and improve solutions, and supporting efforts to raise additional capital

Leadership and Management

  • Represent the ETF in high-level public and private forums with potential funders, decision makers, the media, organizational leaders, and other stakeholders
  • Work with managing director and key partners to develop a comprehensive strategy to raise the profile of the ETF and drive a national narrative around adult employment issues 
  • Contribute to strategic direction on priority issues for the ETF

Investments and Operations

  • Build out our sourcing strategy and deal flow
    • Perform market research to help identify investment trends and opportunities
    • Research relevant markets and companies 
    • Create reports and synthesize information from that research 
    • Engage thoughtfully in company and entrepreneur introductions
    • Evaluate and respond rapidly to new investment opportunities, including holding initial screening conversations with startups and evaluating those for fit with ETF
    • Present prospective opportunities and deals to our team and Advisory Board
  • Conduct rigorous due diligence
    • Lead in the investment analysis process by building financial models and analyzing the competitive landscape and size of the market
    • Conduct product and technical due diligence as well as talk to existing references and customers of the target company
    • Conduct a thorough analysis of intended social impact by target company 
    • Prepare investment memos
    • Present investment memos to Advisory Board
  • Portfolio Support and Management
    • Identify opportunities that support the success of our companies, such as potential business development partnerships, new hire introductions, sales leads and fundraising support
    • Design and execute meaningful, high-value experiences for our entrepreneurs 
    • Prepare financial and social reporting  

Who you are:

  • Belief in the organization’s core values and ability to apply those values to all areas of your work 
  • At least 10-15 years of experience and a strong interest or experience with impact investing or equivalent combination of education and experience; previous experience in venture capital, management consulting, private equity, private debt, investment banking, and/or impact investing, or a combination of workforce development, technology roles 
  • Knowledge of and passion for using investing as a means by which to engender social impact
  • Commitment to diversity, equity, and inclusion as an applied practice to all areas of work, including program, partnership and team management 
  • Strong financial and analytical skills 
  • Outstanding demonstrated written and verbal communication skills
  • Positive, enthusiastic, and proactive attitude, with ability to demonstrate humility and a learning orientation
  • Professional demeanor and utmost attention to detail
  • Flexibility and willingness to do what it takes in a team environment
  • Ability to work independently, multi-task, and prioritize competing demands
  • Ability to effectively engage and work collaboratively with governmental and non-governmental organizations, academic and research institutions, funding agencies, private investors, and other institutional partners in developing action strategies and representing the ETF@JFFLabs to internal and external stakeholders
  • Expert knowledge of Microsoft Word, Excel, and PowerPoint
  • Ability to thrive in an entrepreneurial, fast growing environment 

Diversity, Equity and Inclusion at JFF:

JFF is committed to sustaining a diverse community with a work environment that is welcoming, respectful, and encouraging to all. JFF fosters a culture of inclusion that celebrates and cultivates diversity along multiple dimensions, including race, ethnicity, sex, gender identity, gender expression, sexual orientation, age, national origin, socioeconomic status, religion, ability, culture, and experience.

To Apply:

As part of your application, please include your resume and a thoughtful cover letter, addressed to Yigal Kerszenbaum, outlining how your skills and experience meet the qualifications of the position.

 

JFF offers a competitive salary and benefits package, commensurate with experience and skills.

Apply for this Job

* Required

  
  


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

Individuals seeking employment at Jobs for the Future 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 1/31/2020

Voluntary Self-Identification of Disability

Why are you being asked to complete this form?

Because we do business with the government, we must reach out to, hire, and provide equal opportunity to qualified people with disabilities1. To help us measure how well we are doing, we are asking you to tell us if you have a disability or if you ever had a disability. Completing this form is voluntary, but we hope that you will choose to fill it out. If you are applying for a job, any answer you give will be kept private and will not be used against you in any way.

If you already work for us, your answer will not be used against you in any way. Because a person may become disabled at any time, we are required to ask all of our employees to update their information every five years. You may voluntarily self-identify as having a disability on this form without fear of any punishment because you did not identify as having a disability earlier.

How do I know if I 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:

  • Blindness
  • Deafness
  • Cancer
  • Diabetes
  • Epilepsy
  • Autism
  • Cerebral palsy
  • HIV/AIDS
  • Schizophrenia
  • Muscular dystrophy
  • Bipolar disorder
  • Major depression
  • Multiple sclerosis (MS)
  • Missing limbs or partially missing limbs
  • Post-traumatic stress disorder (PTSD)
  • Obsessive compulsive disorder
  • Impairments requiring the use of a wheelchair
  • Intellectual disability (previously called mental retardation)
Reasonable Accommodation Notice

Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

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.