KIPP NYC Associate Director, Real Estate Finance

Company Description

KIPP NYC Public Schools is a non-profit network of free, public charter schools that prepares students for success in college and life. In 1995 we started our first middle school, KIPP Academy, in The Bronx. Our goal was to graduate students with the strength of character and academic abilities needed to succeed in high school, college and beyond – and in so doing, to prove what is possible for all students. Today, our New York City network is comprised of eight elementary schools, nine middle schools, one high school, and KIPP Forward, a comprehensive support program for our alumni. KIPP NYC Public Schools currently serves more than 9,350 students and alumni and has a staff of more than 850. KIPP NYC is continuing to grow and opened two new middle schools and an elementary school August 2021!

Job Description

Position Overview:

Over the next several years, KIPP NYC will develop a portfolio of private real estate facilities serving up to 6 schools (two elementary schools, three middle schools, one high school). KIPP NYC is building a team of mission driven and entrepreneurial real estate operations, development and finance professionals who can provide the leadership necessary to execute on this major facilities expansion.  KIPP NYC is also committed to investigating sector-wide solutions to real estate financing, development, and management systems.

The Associate Director of Real Estate Finance will be an essential member of the Real Estate Team, equally comfortable in the hard skills arena (building and managing financial models and project plans) and the soft skills arena (building relationships, using personal influence to advance project goals and managing risk). The Associate Director will excel at strategic planning and operational logistics, and above and beyond all, seek to deliver exceptional project outcomes for the project(s) and organization in the following areas: budget, timeline, relationship management and project management.

The Associate Director of Real Estate Finance will report to and work closely with the Managing Director of Real Estate Finance to secure financing for all phases of facilities work, to collaborate with the accounting and FP&A teams in operations and systems building related to real estate finance and development, and to support the strategy, design and execution of innovative financing and real estate management structures. 

General Duties and Responsibilities, but not limited to:

The Associate Director of Real Estate Finance will be responsible for two primary workstreams:

Real Estate Transaction Support (50%)

• Work with the Managing Director of Real Estate Finance and team to design and manage financial partner engagement, including review of term sheets, legal documents, assessment of risk, financial feasibility, etc.
• Serve as liaison across and between internal and external project team members for all purposes
• Support management of project plans for execution of major project goals, including developing and managing all stakeholder communications required to keep project team members rowing in the same direction
• Contribute to the development of all collateral required for the transaction (e.g., financial models, investor presentations, internal summaries, etc.)
• Commit to building fluency and comfort with structures of KIPP NYC school operations and enrollment plans (among other areas) to better serve as an effective liaison between internal and external project stakeholders
• Develop project update materials in PPT, Word, Excel, etc. for key project stakeholders (e.g. KIPP NYC Board of Trustees, Financial Partners, School Leaders, etc.)
• Maintain and/or develop systems for long term management of financial and real estate diligence and operations (e.g. loan compliance systems, portfolio of leases/MOUs and acquisition/financing documentation, etc.)

Strategy Design & Development for Innovative Real Estate Financing & Management Structures (50%)

• Support research, investigation and development of innovative real estate financing, development, and/or management structures in service of KIPP NYC and charter sector).
• Support project plan development and management, coordination of stakeholders and thought partners
• Develop financial models supporting theories and operations
• Support project plan implementation to ensure successful project outcomes

Qualifications

• Bachelor’s degree required
• 5+ years of work experience in real estate finance, or related field
• Ability to conduct and communicate technical analysis of  information, both financial and relevant data, in a clear, concise, and accessible manner
• Strong interpersonal skills, wit