Executive Director, Economic Opportunity Coalition Secretariat
US Full-time Salary
New York, NY, US
The Executive Director, Economic Opportunity Coalition Secretariat, will join The Rockefeller Foundation’s U.S. Equity and Economic Opportunity team to lead the Economic Opportunity Coalition Secretariat (the Secretariat). In February 2022, a group of leading U.S. corporations, financial institutions, and foundations formed a working group, the Economic Opportunity Coalition (EOC), to find solutions to close the racial wealth gap in the United States. In particular, the Coalition is seeking to advance effective public-private partnerships that enable historic investments in underserved communities and build assets for low- and middle-income communities.
The Rockefeller Foundation is funding the incubation period for the Secretariat and hiring an Executive Director of the Secretariat to spearhead the advancement of this work. The goal is for the Secretariat to become an independent entity supported by EOC members within 12 to 15 months. Before becoming an independent entity, the Secretariat will be incubated and housed within The Foundation. The Executive Director reports to the Senior Vice President, Equity and Economic Opportunity.
Since the Coalition’s founding, the EOC’s members – which include 21 U.S. corporations and financial institutions and three foundations – have made significant commitments to investing in Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs); supporting entrepreneurship and racial minority-owned small businesses; expanding equitable access to credit; and making infrastructure investments that enable more community wealth. The role of the Secretariat is to further advance this work by (i) engaging with federal government departments and agencies, EOC members, and social sectors to identify and align on priority areas for public private partnerships, (ii) spearheading the design, coordination, advancement, and execution of concrete partnerships, where mutual support and corresponding funding can be mobilized from EOC members alongside federal resources, and (iii) driving sizeable and meaningful commitments from EOC members to advance the EOC’s vision.
Pay Range: $221,320 – $305,000. This represents the present low and high end of the Foundation’s pay range for this position. Actual pay will vary based on various factors, including but not limited to experience.
Work Schedule: This is a fixed-term 15-month assignment on a hybrid work schedule and required to be in the office on Tuesdays, Wednesdays, and Thursdays.
Principal Duties and Responsibilities
Strategy & Operations / Project Management
- Work closely with SVP in leading the design, launch, and strategy execution for the EOC Secretariat during its incubation period within The Foundation.
- Develop and lead the on-going strategy and structure for the EOC’s work, developing clear ways of working to maximize impact and results.
- Determine ongoing strategic priorities of the EOC’s efforts and their implementation, with input from EOC members and other key stakeholders.
- Motivate action, collaboration, and synergies among the public sector, private sector, and social sectors.
- Maintain expertise on the focus areas of the EOC by staying active and engaged with broader efforts towards economic opportunity and inclusive growth.
- Develop targets and metrics for the EOC’s work to allow its success to be measured.
- Develop the fundraising plan and roadmap for the Secretariat to become an independent entity.
- Represent the mission, vision, and values of The Foundation in executing the work of the Secretariat.
Member Recruitment and Management
- Recruit new corporations, financial institutions, and foundations to join the EOC, targeting those with initiatives and expertise in focus areas which can help the group achieve its goals.
- Lead both virtual meetings and in-person convenings of EOC members to move the work forward and ensure that the full group remains updated and engaged.
Government & Social Sector Relationships
- Work closely with senior leaders from the White House, U.S. Treasury Department, and other government counterparts to ensure that the EOC’s work complements federal efforts and dollars.
- Liaise with senior leaders from key social services organizations, to ensure close collaboration and that EOC work is informed by subject area expertise.
- Oversee a Program Manager
- Cascade relevant information within the Secretariat and to The Foundation.
- Create pride in the EOC Secretariat’s work and contributions to the goals of both the EOC vision and The Foundation.
- Support and encourage the development of the EOC Secretariat team.
Education, Experience, and Skills
- 15+ years of relevant experience in corporate social responsibility, government, economic development, racial equity, housing policy, community financial organizations, public-private partnerships, and/or small business growth.
- Familiarity with social organizations in the policy spaces where the EOC works.
- Strong written and verbal communication skills, including effective public speaking and the ability to communicate complex issues both verbally and in written form.
- Experience developing, leading, and implementing a portfolio of projects with defined objectives, deliverables, monitoring, and valuation of results.
- Experience collaborating with senior stakeholders from government, corporate, and non-profit organizations.
- Results-oriented, pragmatic mindset.
- Bachelors required; Masters preferred.
Qualifications and Competencies
- Balances Stakeholders: Anticipates and balances the needs of multiple stakeholders.
- Cultivates Innovation: Creates new and better ways for the organization to be successful.
- Develops Talent: Develops people to meet both their career goals and the organization’s goals.
- Manages Complexity: Makes sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
- Values Differences: Recognizes the value of different perspectives and commits to inclusion, equity, and diversity in every aspect of work.
About The Rockefeller Foundation
The Rockefeller Foundation is a pioneering philanthropy built on collaborative partnerships at the frontiers of science, technology, and innovation that enable individuals, families, and communities to flourish. We work to promote the well-being of humanity and make opportunity universal and sustainable. Our focus is on scaling renewable energy for all, stimulating economic mobility, and ensuring equitable access to health care and nutritious food.
The Rockefeller Foundation offers a comprehensive and competitive benefits package that includes health insurance programs, tuition reimbursement and student loan repayment, a generous 401K, parental leave, and various forms of paid time off, all to help our employees feel energized, cared for, and engaged.
As an organization, we focus on six values to advance our culture and continue our success. We are dedicated to being Transparent, Optimistic, Accountable, Collaborative, Trusted, and Equitable. We operate from a strong commitment to equity, diversity, and inclusion in everything that we do. It is not only the right thing to do – we could not make an impact without our team members’ diverse perspectives and experiences. We expect all employees at the Foundation to contribute by developing their unique perspectives and talent, challenging conventional wisdom through evidence and reason, and amplifying marginalized voices.
The Rockefeller Foundation is committed to the principles of equal employment opportunity and compliance with all federal, state, and local laws concerning employment discrimination, including the Americans with Disabilities Act. To this end, the Foundation ensures equal opportunity to all employees and applicants regardless of race, color, age, gender, sexual orientation, religion, marital status, national origin or ancestry, citizenship, lawful alien status, physical, mental, and medical disability, veteran status, or liability for service in the United States Armed Forces.
The Rockefeller Foundation is an Equal Opportunity Employer.