Director, Capital

Echoing Green identifies tomorrow’s transformational leaders today. Through its Fellowships and other innovative leadership initiatives, Echoing Green spots emerging leaders and invests deeply in their success to accelerate their impact, and has established a global community of social innovators who have launched GirlTrek, Good Call, Last Mile Health, Neighborhood Benches, Shining Hope for Communities, SKS Microfinance, Tala, Village of Wisdom, and hundreds of others.

In June 2020, Echoing Green launched a $50 million Racial Equity Philanthropic Fund (REPF) and has since increased that fundraising goal to $75 million. With this fund, Echoing Green furthers a 35-year commitment to bold, strategic investments in racial equity work. Echoing Green’s Programs Team is responsible for selecting and supporting the Fellows who are selected as part of the REPF, offering funding and capacity-building for the incredible leaders working on the frontlines of racial equity and justice.

For more information on Echoing Green, please visit www.echoinggreen.org.

Who You’ll Work With

At Echoing Green, we have a front row seat to the brightest leaders with the most innovative ideas driving social progress across the world. We are fired up about our Fellows; we are their advocates and their biggest champions.

Reporting to the Managing Director, Programs, we are looking for a Director, Capital to drive the strategic vision and direct the year-round implementation of our key support for social innovators through our Fellow selection and capital disbursement processes.

What You’ll Do

As the Director of Capital, you will oversee key workstreams that include:

New Fellow Selection Strategy & Oversight

• Center a globally resonant definition of racial equity and a leader-forward definition of innovation in Fellow selection tools (e.g. applications, rubrics and scoring guidance) and assessment processes (e.g. diligence and slate review decision-making)
• Design training materials and facilitate interactive sessions that support internal and external evaluators to: (1) root out evaluator bias; and (2) norm scores across a large range of evaluator perspectives
• Lead strategic iteration of selection tools and processes through recurring post-cycle analysis of diverse stakeholder feedback (i.e. internal staff, funder partners, social innovation experts, board members, Fellow alums)
• Streamline current selection tools and processes to ensure an increasingly efficient approach to identifying social changemakers on a global scale
• Oversee the ongoing codification of each phase of the selection process, with clear documentation of both manual / high-touch and automatic / low-touch elements
• Develop and maintain relationships across the social innovation sector and across the Echoing Green community to identify best practices for strategic iteration of selection tools and processes

Capital Disbursement Strategy & Oversight

• Center trust-based practices (e.g. unrestricted funding, simplified reporting, participatory grantmaking) in capital disbursement for Fellows
• Oversee proactive Fellow support that leverages ongoing outreach, relevant counsel, and timely resource-matching (i.e. fiscal sponsorship partners) for new Fellow stipends
• Streamline current tools and processes to ensure an increasingly efficient approach to disbursing new Fellow stipends, making follow-on investment decisions for alums, monitoring fiscal sponsorships, managing recoverable grants, and distributing small grants
• Design training materials and facilitate interactive sessions that drive a “for Fellows, by Fellows” approach to follow-on investment decisions for alumni Fellows
• Oversee the ongoing codification of each disbursement process, with clear documentation of both manual / high-touch and automatic / low-touch elements
• Lead strategic iteration of disbursement processes through recurring collection and analysis of staff and Fellow feedback
• Develop and maintain relationships across the social innovation sector and across the Echoing Green community to inform strategic iteration of disbursement tools and processes to position Echoing Green as a leader in trust-based philanthropy

Departmental Leadership

• Manage consultants, contractors, and internal departmental staff toward data-driven selection and capital disbursement goals
• Supervise Programs staff responsible for cross-functional project management and implementation of the multi-phased new Fellow selection process and the multi-faceted disbursement strategy
• Drive staff professional development and performance through ongoing, direct, positive and constructive feedback and coaching
• Collaborate with cross-functional senior leaders to align development requests, communications support, executive leadership perspective, and operational feasibility of selection process and capital disbursement strategy
• Manage departmental budget and budget planning process for new Fellow stipends, capital disbursements to alumni, travel expenses, consultant fees, and other selections-, disbursement-, and team culture-related costs
• Travel at least once per month, including key meetings in Echoing Green’s NYC office and/or convenings to represent Echoing Green (both national and international locations)

What You’ll Bring

• Global Racial Equity Leadership: Facility with discussing, leading discussions around, and managing teams dedicated to centering issues of racial equity on a global scale
• Social Innovation Expertise: Lived experience leading an organization or department dedicated to systems change for social good
• Strategic Thinking: A knack for drafting short-, medium-, and long-term proposals with accompanying contingency considerations for a changing talent, budget, and field landscape
• Sharp Prioritization: Unyielding solution orientation to juggling multiple competing priorities in a fast-paced, global organization
• Impact-Driven Decision-Making: Rigor around leveraging qualitative and quantitative data to drive systems design and impact
• Influential Collaboration: Facility motivating and mobilizing individuals and teams, whether vertically through direct management or laterally through peer influence
• Human-Centered Approach: Commitment to collaboration, laughter, and candor for oneself and others in the workplace

Base Salary: $130,000/year

Echoing Green offers a full benefits package designed to support employee wellness. This includes

• Up to 27 days off per year,
• A best-in-class health insurance which covers medical, dental, and vision needs,
• 16 weeks of parental leave, fully paid
• A monthly well-being stipend of $100/month,
• A monthly wireless stipend of $100/month,
• Professional development stipend of $1000 per fiscal year,
• 403(b)-retirement savings plan with an employer match up to 7% of annual salary.

The deadline to apply for this role is November 4, 2022.

While our office is located in New York City this role can be fully remote.

Employees of Echoing Green are required to show proof of being fully vaccinated against COVID-19. Reasonable accommodations will be considered on a case-by-case basis for exemptions to this requirement in accordance with applicable law.

As an equal opportunity employer, Echoing Green encourages applications from all individuals regardless of age, gender, race, ethnicity, sexual orientation, marital status, physical ability or any other legally protected basis.