Portfolio Manager, Exceptional Educators
Company: Net Impact
Location: New York
Posted on: January 27, 2023
Job Description:
Overdeck Family Foundation About Overdeck Family
FoundationOverdeck Family Foundation ("the Foundation") was founded
in 2011 by John and Laura Overdeck with the goal of providing all
children the opportunity to unlock their potential. The Foundation
focuses exclusively on enhancing education, funding efforts both
inside and outside of school in the areas of early childhood,
informal STEM education, and K-9 programs that include supporting
educators and student-centered learning environments. Our
grantmaking and strategic support focus on unlocking innovation,
evidence, and growth opportunities for organizations and
researchers that are committed to accelerating key academic and
socioemotional outcomes for all children. The Foundation funds both
direct impact organizations and ecosystem efforts that clear the
path to scale for our grantees and the work that they do.The
Portfolio Manager, Exceptional Educators PositionThe Exceptional
Educators portfolio within the Foundation focuses on increasing the
retention of effective educators in K-9 so that more children have
access to teachers who empower them to reach their full
potential.The Foundation is seeking a full-time Portfolio Manager
to lead the Exceptional Educators portfolio. Reporting to the
Associate Program Director, and managing an Associate Program
Officer, the Portfolio Manager will work collaboratively to refine
and clarify the investment strategy for the portfolio, build and
nurture relationships across the K-9 ecosystem (with a primary
focus on empowering educators), and use a scientific method
approach to hypothesize and sharpen strategies to support early
stage and growth stage ventures to scale, cost effectively and
sustainably, to improve academic and socioemotional outcomes for
kids. Given the nature of this work, the Portfolio Manager should
expect 10-20 percent of this role to include travel for grantee
site visits, conferences, and funder meetings.
- Design, monitor, and evolve a portfolio strategy:
- Lead the development of a coherent portfolio strategy, which
evolves from setting ambitious portfolio goals that are grounded in
the analysis of evolving market opportunities, trends, and gaps in
the education and philanthropic landscapes
- Define a clear and differentiated position for Overdeck Family
Foundation within the portfolio strategy issue area that is
grounded in evidence, research, and efficiency of investment
- Measure, evaluate, and capture lessons from investments to
inform strategy iteration and to build strong pattern recognition
for how to best provide strategic support to portfolio investments
to achieve stated goals
- Propose investments in early and growth stage organizations:
- Identify organizations aligned to the portfolio strategy and
conduct rigorous diligence on prospective investments that are
grounded in the foundation's investment criteria
- Form a hypothesis and narrative for each investment to create
actionable, written grant recommendations and present these to the
Board of Trustees
- Build a balanced portfolio of investments grounded in the
potential of each organization to spur innovation, build evidence,
and grow to deliver impact while also ensuring that the overall
portfolio realizes ecosystem-level impact with minimized risk
- Provide strategic support to grantees:
- Become a credible and valuable partner for grantee
organizations, and strategically connect them with supports in four
key focus areas: 1) revenue models, 2) cost analysis, 3) impact
evaluation, and 4) growth channels
- Manage and prioritize allocation of strategic supports to
grantees in service of grantee and portfolio goals, grounded in an
understanding of the holistic needs of individual grantees and the
portfolio, including direct supports, third-party supports, and
portfolio-wide learning experiences
- Serve as a strategic advisor to grantees by developing a strong
and trusting partnership-inclusive of providing support, coaching
and/or taking on board roles when appropriate-to help grantees
understand their organizational needs and achieve their vision for
impact
- Influence the field:
- Build momentum for positive change related to the portfolio
strategy by proactively developing relationships with influential
stakeholders
- Develop and maintain an extensive and diverse network of
partnerships across nonprofit, philanthropic, public, and private
sectors to advance the mission and goals of the portfolio
grantees
- Partner effectively with peer funders to build awareness of the
Foundation's strategy, identify ways to support each other, and
elevate promising grantees to attract additional funding
- Create and implement a plan for public engagement and thought
leadership that builds awareness of the portfolio strategy and
learnings while elevating and amplifying high-performing grantees,
including speaking at conferences, hosting and participating in key
meetings, and engaging in thought leadership writing
- Manage and Coach Associate Program Officer:
- Build a relationship with the existing Associate Program
Officer to establish yourself as a strong manager and mentor while
honoring the tenure, knowledge, and expertise they bring to our
work
- Support Associate Program Officer to identify a pipeline of
prospective investment opportunities and conduct due diligence of
those opportunities against Foundation investment criteria
- Collaborate with Associate Program Officer to create their
professional development plan; regularly revisit progress on growth
by taking an active and supportive coaching role to ensure
Associate Program Officer has a clear path to recognize and expand
their strengths, while also addressing opportunities to
improve
- Support Associate Program Officer to navigate obstacles using
effective problem solving, as well as discussing and identifying
connections, networks and/or opportunities to advance portfolio or
grantee goals
- Engage in joint decision-making around grantmaking, including
measurement, reporting, and monitoring targetsWho You Are:A
strategist who is able to pursue the right research to arrive at an
evidence-based approach to making investments and supporting
grantees. You are analytically natured, curious, and learning
oriented. You leverage the scientific method to produce data and
evidence that drive strategic decisions around investments and
portfolio support. You are also comfortable with
ambiguity-confidently exploring your hypotheses without knowing the
answer while seeing failure with learning as a path to success.A
strong leader and operator who is able to efficiently make grants
and deliver non-monetary support to ventures. You have experience
with early stage and growth stage organizations and understand the
challenges they face as they clarify and scale their models. You
can build deep relationships across grantees, surface their
challenges, observe patterns of need, and build and nurture
meaningful and efficient supports to help them succeed.An authentic
professional who builds deep and candid relationships with ease.
You possess a strong presence and gravitas, knowing how to build a
clear narrative when communicating a concept or approach with the
right level of specificity to meet the audience. You build trusting
relationships internally and externally because you are
authentically you and you value candor and kindness in your
interactions.Someone who understands the K-9 education space and
policy trends. You understand the K-9 school ecosystem and have
developed relationships within that ecosystem. You are familiar
with current trends, emerging issues, policy interventions, and
innovations focused on maximizing the potential of educators and
leaders, as well as understanding product market fit,
business/revenue models, and scale and distribution channels. You
are able to evaluate an education intervention to understand if it
is cost-effective, scalable, impactful, sustainable, and grounded
in teacher and student needs (user-centered).A team leader who
enjoys managing, coaching, and developing direct reports. A
colleague who seeks reciprocal learning and growth from colleagues
at every level. You deeply believe in the potential of all
professionals to learn and grow. You look forward to building and
sustaining an effective, growth-oriented, and inclusive team. You
are able to collaboratively set a clear vision for the Exceptional
Educators investment portfolio and you can map individual roles and
responsibilities in service of this vision across your team.A
values-driven and empathetic leader who will find success in our
context. You operate with a high level of self-awareness, humility,
and emotional intelligence and you value the same in your
colleagues. You engage in conflict confidently and with kindness.
You are excited about working in an environment where complex
problems are being considered. You are able to articulate and
navigate tensions with an orientation towards understanding and
valuing multiple perspectives. You don't shy away from holding two
opposing ideas at once and you are comfortable with not knowing or
not agreeing and committing.What You've Done:Required experience:
- Minimum of 10 years of work experience including time spent
leading teams to deliver results in or adjacent to early and/or
growth stage organizations
- Direct experience and content expertise in innovation, school
design, education, nonprofit management, adult teaching & learning,
philanthropy, or policy
- Demonstrated experience formulating and executing strategy,
identifying challenges, and implementing solutions
- Demonstrated management experience, focused on staff
development and growthPreferred experience:
- Master's degree in relevant field of education, policy,
business, law, statistics, math, science, nonprofit management, or
engineering
- Venture philanthropy experience supporting organizational
growth and development through informal and formal support (i.e.
grants, board experience, consulting, providing non-monetary
support)
- Experience conducting cost benefit analysis and/or cost
effectiveness analysisHow to Apply
Overdeck Family Foundation is partnering with RCG Talent Solutions
to find our next Portfolio Manager, Exceptional Educators. Please
submit your application using the link on this page and direct all
questions to openroles@rcgtalent.com .Working at Overdeck Family
Foundation
Overdeck Family Foundation is committed to providing a total
rewards package (both base salary and benefits) that is competitive
within the philanthropic sector. The base pay for this role is
anticipated to be between $112,500 and $165,000. The anticipated
base pay range is based on information as of the time this post was
generated. Actual compensation for successful candidates will be
carefully determined based on a number of factors, including their
skills, qualifications, and relevant work experience. Additionally,
employees are eligible for a discretionary annual performance
bonus.We offer competitive core benefits, including fully paid
medical and dental insurance premiums for employees and dependents,
competitive 401(k) match, $3,000 annual professional development
funds, tuition reimbursement, generous vacation time, unlimited
sick days, and employer-paid life and disability insurance.
Overdeck Family Foundation requires all employees to live within a
commutable distance from the office in the SoHo neighborhood of New
York City. Each week, employees must work in the office on Tuesdays
and additional "team days" for collaboration, with the option to
work remotely on all other days. Perks of being in the office
include on-site gyms with laundry service, wellness classes,
snacks, and a casual dress code in our beautiful office in
SoHo.Equal Opportunity Employer
Overdeck Family Foundation is dedicated to the work of unlocking
every child's potential. We are committed to creating a workplace
where employees thrive both personally and professionally. We also
believe our employees should reflect the rich diversity of the
children in the education system we aim to support-in race, gender,
age, culture, and beliefs-and we support this diversity through all
of our employment practices.All applicants and employees who are
drawn to serve our mission will enjoy equality of opportunity and
fair treatment without regard to race, color, age, religion,
pregnancy, sex, sexual orientation, disability, gender identity,
gender expression, national origin, genertic information, veteran
status, marital status, and prior protected activity
Keywords: Net Impact, New York , Portfolio Manager, Exceptional Educators, Executive , New York, New York
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