Hiring: Social Innovation Fund Director (Third Sector Capital Partners, Multiple States)
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Application Deadline: Applications will be reviewed on a rolling basis with priority given to early applicants.
ABOUT THIRD SECTOR CAPITAL PARTNERS, INC.
Third Sector leads governments, high-performing nonprofits, and private funders in building evidence-based initiatives that address society’s most persistent challenges. As experts in innovative public-private contracting and financing strategies, Third Sector is an architect and builder of the nation’s most promising Pay for Success (PFS) projects. These projects are rewriting the book on how governments contract for social services: funding programs that work to measurably improve the lives of people most in need while saving taxpayer dollars.
A 501(c)(3) nonprofit based in Boston and San Francisco, Third Sector is supported through philanthropic and government sources, including a grant from the Corporation for National and Community Service’s Social Innovation Fund.
OUR ORGANIZATION AT-A-GLANCE:
- We manage the Commonwealth of Massachusetts’ $27 million Juvenile Justice Pay for Success Initiative – the largest PFS contract in the country.
- We helped launch the nation’s first county-level PFS project in Cuyahoga County, OH (Cleveland), as the government advisor and transaction coordinator.
- Our team’s work has been published or cited in the Economist, New York Times, Wall Street Journal, and Federal Reserve Bank of San Francisco and employees have presented at a variety of conferences including the White House, Harvard Business School, and international events like SOCAP.
ABOUT THE SOCIAL INNOVATION FUND
Third Sector is a proud grantee of the Corporation for National and Community Service's Social Innovation Fund program. The Social Innovation Fund, a key White House initiative, combines public and private resources to grow the impact of innovative, community-based solutions that have compelling evidence of improving the lives of people in low-income communities throughout the United States.
Our goal for this three-year, $1.9 million dollar grant is to accelerate the development of PFS projects across multiple levels of government nationwide and to share lessons learned with a broad community of stakeholders to increase adoption of evidence-based policymaking. To achieve this we will hold an annual competition to select Sub-Recipients – high-performing, high-potential social initiatives – that are positioned to scale with financial and capacity-building support derived from this fund.
ABOUT THE ROLE: SOCIAL INNOVATION FUND DIRECTOR
As the Social Innovation Fund (SIF) Director you will quarterback all aspects of Third Sector’s Innovation Fund Grant, including Sub-Recipient selection through our transparent competition model, federal compliance and reporting, and delivery of services to Sub-Recipients.
As the knowledge center and main driver of our SIF activities, your impeccable project management skills will be essential in successfully managing and coordinating our internal team with external stakeholders on SIF projects, a key element of our business.
Your natural working habitat is in a fast-paced, dynamic, and rigorous environment where you’re expected to take initiative to deliver results. You always hold your work to high ethical standards and – above all else – you’re motivated by a belief that Pay for Success initiatives will accelerate America towards a performance-driven social sector.
HERE’S WHAT YOU CAN EXPECT FROM THIS OPPORTUNITY AT THIRD SECTOR…
LEGACY
The Outcomes from Your Work in this Role
Members of our team can work at all types of organizations. They choose to work here for our mission, our commitment, and our dedication to our client base. You will...
- Help change the way that funding is allocated when directed towards supporting underserved populations and define the trajectory of an emerging, quickly growing field.
- Be a part of an organization that is setting the stage for PFS in the US with innovative models designed to be scalable and replicable; an organization that is striving to be seen as the thought-leaders and agents of change in the world of philanthropic funding.
- Clearly observe the impact that your hard work creates for our clients.
MASTERY
How This Role Will Help You Develop as a Professional
Here is how you will grow professionally in this role:
- You will further hone your project management skills, becoming a champion at juggling multiple moving pieces and stakeholders to drive a project forward and achieve desirable outcomes.
- You will deepen your knowledge of the Pay For Success field, becoming an expert in the nuances of the industry and how to most effectively generate value in the space.
- You will work and learn alongside a smart, accomplished, and driven team committed to generating sustainable financing solutions in America’s social sector.
FREEDOM
The Tangible and Intangible Perks and Benefits of This Role
Although we work hard and fast to serve our clients, we are committed to rewarding a sustainable work-life balance for our team. To do so, we offer:
- A working environment where creativity and calculated risk-taking are encouraged, where people are not constrained to assigned work flows, and instead are driven to build a better company and PFS eco-system.
- An open and casual work space where colleagues are very friendly and open to collaboration, idea sharing, and support.
- A flexible working schedule that allows you to capitalize on when and where you work best.
- A comprehensive and growing benefits package.
YOUR RESPONSIBILITIES WILL INCLUDE...
SIF Sub-Recipient Selection
- Designing and managing the entire Sub-Recipient selection process, from competition application release and prospective applicant education, to the formal selection and announcement of Sub-Recipients.
- Coordinating evaluation of applications internally and with partner evaluation panels.
- Ensuring application compliance with competition rules.
Compliance and Reporting
- Working closely with the Director of Finance & Operations and the SIF Operations Manager to ensure timely and accurate compliance and reporting
- Overseeing the delivery of technical assistance and feasibility assessment services to all SIF Sub-Recipients, while managing any reporting and compliance required.
Communications & Learning
- Designing and executing the SIF Learning Community for Third Sector’s SIF sub-recipients and partners.
- Developing and maintaining relationships with SIF sub-contractors and Sub-Recipients.
- Working closely with our communications team in marketing the SIF competition and our SIF service delivery activities.
- Delivering webinars and representing the firm at conferences and other speaking engagements.
WE’RE LOOKING FOR SOMEONE…
Who brings…
- 5+ years of relevant work experience.
- Prior management experience with multi-person internal teams and multiple consulting projects.
- Experience with federal grants/contracts and/or foundation grants.
- Strong analytical, quantitative, and financial tracking/reporting skills, including Excel and PowerPoint proficiency.
Who is…
- An exceptional project manager with a demonstrated ability to juggle multiple competing priorities while producing exceptional deliverables.
- An entrepreneurial professional, you are someone who is resourceful and thrives in fast-paced, ambiguous, and rigorous environment.
- Able to bring rigorous attention to detail and high quality standards to their work.
- A captivating communicator, you are someone who communicates with confidence and clarity, your style strikes a perfect balance of professionalism and personality, enabling you to adapt easily when interacting with diverse stakeholders.
- Truly committed to Third Sector’s mission to drive innovative financial solutions in America’s social sector.
Bonus if…
- You have background and interest in workforce development and/or youth success initiative
HOW WILL WE KNOW YOU’RE THE RIGHT PERSON FOR THE ROLE?
Please complete the following application. Applications will be reviewed on a rolling basis. These short-answer questions are designed to replace a cover letter, please take your time with them and copy in your answers from a separate document. If you are chosen as a finalist, you will first be interviewed by ReWork and then by Third Sector leadership. The final step in the hiring process will be to arrange personal reference calls to confirm details of your work history and performance.
WHAT HAPPENS IF YOU’RE SELECTED?
You will be invited to join our growing team in Boston, San Francisco, or Washington, D.C. You will receive a competitive salary depending on your level of experience. If you have any questions about the role, please feel free to email us at tal...@rework.jobs. We look forward to reading your application!
Note: Third Sector Capital Partners, Inc. offers a competitive salary and benefits commensurate with experience and skills. Third Sector Capital Partners, Inc. does not discriminate against its employees or applicants for employment on the bases of race, color, national origin, age, disability, sex, gender identity, religion, reprisal, marital status, familial or parental status, sexual orientation, or protected genetic information.
In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire. Further, as we are the recipient of federal grants and as all persons hired may be assigned to work on such grants, we are required to perform a criminal record check after an offer of employment is made. Third Sector is a proud grantee of the Corporation for National and Community Service's Social Innovation Fund program.