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Managing Director of Growth

Company Description

About KIPP TEAM & Family

KIPP TEAM & Family is our network office that includes support teams - such as Leadership Development, Recruitment, Advocacy, Facilities, Finance, HR and more - dedicated to empowering our schools and ensuring the success of KIPP students throughout New Jersey and Miami. Our schools are part of the nationally recognized “Knowledge Is Power Program” network of free, open-enrollment, college-preparatory public schools dedicated to preparing students for success in college and in life. The first KIPP New Jersey school opened in Newark in 2002 and since then our school network has expanded to educate 8,135 students in grades K-12. By 2027, KIPP New Jersey will provide a world-class education to over 10,300 students across Newark and Camden. To learn more, visit www.kippnj.org.

In 2018, we grew our KIPP community in response to a need for high-quality school options for students in Greater Miami’s Urban Core communities. That led to the creation of KIPP Miami, which currently educates more than 1,000 students in four schools, with plans to reach 5,800 students by 2025. By offering highly effective educators with strong bonds to families, more time in school learning, services that support a variety of student needs, and a culture focused on achievement, our students in New Jersey and Miami are on the path to and through college, career, and choice-filled lives.  

Job Description

Here’s what you need to know:

KIPP TEAM and Family is driving towards operating 40+ schools by 2033, serving 24,000 students. The Managing Director of Growth will play an integral role in this endeavor and will support KIPP’s growth to new regions as well as expansion in existing cities. The Managing Director will be responsible for all elements of a successful launch, including exploring new geographies for growth, conducting due diligence on potential geographies, fundraising, community support-building, future campus site selection and acquisition, and resource creation. The director will lead this work in new communities prior to the hire of a regional leadership team, and will then work alongside the new leadership team as a partner to seamlessly transfer relationships and momentum.

The starting salary range for this role is $175,000-225,000.  Starting salary offers will be based on years of experience in a similar role.  This is a hybrid role that will require in-person time in our schools and regions, as well as extensive travel (20-50%).

Here’s what you’ll be doing:

Lead growth efforts for expansion to new regions in New Jersey and Florida:

  • Conduct due diligence analysis on all potential new geographies to enable informed decisions on which to pursue
  • Develop and execute plans for expansion
  • Project manage all aspects of growth plan for each new region
  • Work with internal teams to provide the necessary support to ensure a smooth launch
  • Lead efforts to secure operating agreements in each new region
  • Work with finance team to build feasible long-term financial models for each region
  • Work with real estate team to identify and vet new sites for school facilities
  • Shepherd internal process to secure approvals for growth; present to board of directors as necessary

Lead external advancement efforts to secure funding and build relationships to support growth:

  • Identify local and community stakeholders and build a coalition of support
  • Identify potential board members and lead process to vet and court them to join local boards
  • Identify potential philanthropic opportunities to support launch to each new region
  • Work with development team to secure necessary funding for growth to each region
  • Work with MarComm team to prepare pitch decks for external audiences
  • Nurture local relationships and ensure a smooth hand-off to regional leaders once they come on board

Actively engage as a leader at KIPP:

  • Serve as a member of the Co-President’s leadership team 
  • Work closely with senior leaders to ensure collaboration across teams

Qualifications

Must-Haves:

  • Bachelor’s Degree required, Master’s Degree preferred
  • At least 10 years of professional experience, with at least two of those years in a business development or portfolio management roleWell-honed ability to craft external resources and presentations for multiple audiences and purposes
  • Experience developing and closing seven-figure or greater deals stretching across multiple years
  • Ability to work with realtors, local community, and various internal teams to determine and close on multiple school properties simultaneously
  • Experience working across multiple internal teams and external stakeholders towards a clear set of goals and a satisfactory deal
  • Successful experience in relationship development, building personal trust and making successful asks
  • Ability to communicate KIPP’s vision, mission and results with an external audience
  • Comfort with collaboration and coordination of relationships with decision makers and influencers of organizations
  • Demonstrated capacity to take initiative and manage multiple projects with limited supervision
  • Experience working in a fast-paced, results-oriented, highly entrepreneurial environment
  • Intermediate or better abilities with basic population data tools, such as the US Census; ability to manipulate data and create maps via ESRI or other tools a plus
  • Has demonstrated effective outcomes and results, and wants to be held accountable for them
  • Has a propensity for action, willing to make mistakes by doing in order to learn and improve quickly
  • Works with urgency and purpose to drive student outcomes
  • Thrives in an entrepreneurial, high-growth environment; is comfortable with ambiguity and change
  • Seeks and responds well to feedback, which is shared often and freely across all levels of the organization
  • Works through silos and forges strong cross-departmental relationships in order to achieve outcomes

Nice-to-Haves

  • Experience in K-12 education
  • Experience in a Charter Management Organization
  • Experience with real estate transactions

Additional Information

In addition to a competitive salary, KIPP TEAM & FAMILY offers a full comprehensive benefits plan, including health care, retirement, a school laptop and transportation benefits for TEAMmates commuting into New Jersey from the New York City area. 

Average salary estimate

$200000 / YEARLY (est.)
min
max
$175000K
$225000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Managing Director of Growth, KIPP

KIPP TEAM & Family is on the hunt for a dynamic Managing Director of Growth to spearhead our ambitious expansion plans in Newark, NJ, and beyond! This role isn't just another job; it's a chance to make a real difference in the lives of thousands of students. As the Managing Director, you will take the reins on new growth initiatives, diving deep into due diligence for untapped geographies, fundraising, and community engagement, ensuring that each new school launch is met with successful execution. Not only will you manage relationships and community support-building efforts, but you will also work closely with our finance and real estate teams to secure sustainable funding and ideal locations for our schools. Your expertise will be crucial as we aim to expand our services across New Jersey and Florida, reaching our goal of operating over 40 schools by 2033. Ideal candidates will bring at least 10 years of experience—especially within business development—with a knack for crafting relationships and presentations that resonate with diverse audiences. If you're eager to make an impact and thrive in a high-paced, entrepreneurial setting, we can't wait to meet you! Join us at KIPP TEAM & Family and be part of an organization that is not just shaping educational opportunities but transforming futures for countless students.

Frequently Asked Questions (FAQs) for Managing Director of Growth Role at KIPP
What are the responsibilities of the Managing Director of Growth at KIPP TEAM & Family?

The Managing Director of Growth at KIPP TEAM & Family is responsible for leading all growth initiatives, including analyzing new geographies for potential school openings, conducting due diligence, and overseeing the launch process. This role also involves securing fundraising and community support, developing financial models, and working closely with various internal teams to ensure smooth operations in the growth of our schools.

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What qualifications are required for the Managing Director of Growth position at KIPP TEAM & Family?

To qualify for the Managing Director of Growth position at KIPP TEAM & Family, candidates must possess a Bachelor’s Degree (a Master’s Degree is preferred) and at least 10 years of professional experience, including a minimum of two years in business development or portfolio management. Strong relationship-building skills and the ability to communicate KIPP’s mission effectively are essential.

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How does the Managing Director of Growth contribute to KIPP TEAM & Family’s mission?

The Managing Director of Growth plays a pivotal role in supporting KIPP TEAM & Family’s mission by facilitating the expansion of educational opportunities. By identifying new school locations and strengthening community partnerships, this position directly impacts the growth of KIPP schools, ultimately helping students achieve college and career readiness.

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What is the expected travel commitment for the Managing Director of Growth role at KIPP TEAM & Family?

The Managing Director of Growth role at KIPP TEAM & Family involves extensive travel, estimated between 20-50%. This travel is essential for on-the-ground assessments in new communities and to engage with local stakeholders, ensuring successful school launches.

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What kind of salary and benefits does the Managing Director of Growth role offer at KIPP TEAM & Family?

The Managing Director of Growth position at KIPP TEAM & Family offers a starting salary range of $175,000 to $225,000, based on relevant experience. Additionally, KIPP provides a comprehensive benefits package including health care, retirement plans, a school laptop, and transportation benefits for TEAMmates commuting from the New York City area.

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Common Interview Questions for Managing Director of Growth
Can you describe your experience with managing growth initiatives in educational settings?

In your response, highlight specific examples of growth initiatives you've led, including the research and planning involved, the stakeholders engaged, and the outcomes achieved. Discussing metrics of success will illustrate your effectiveness.

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How do you prioritize potential geographies for expansion?

Share your approach to analysis in identifying potential areas for growth, including data sources you leverage and factors that influence your decision-making process, such as demographics, community needs, and existing educational options.

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What strategies do you use to build relationships with community stakeholders?

Discuss the proactive steps you've taken to develop relationships, such as attending community meetings, engaging with local organizations, or hosting informational sessions. Include examples that showcase your ability to garner support for initiatives.

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How do you manage multiple projects simultaneously in a fast-paced environment?

Outline your project management techniques, such as the use of digital management tools or prioritization frameworks. Provide examples where you've successfully juggled multiple responsibilities to achieve project goals.

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What is your approach to securing funding for new initiatives?

Describe your experience in fundraising, particularly in the nonprofit or education sector, and share specific strategies that have been successful, such as building donor relationships or collaborative funding opportunities.

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Can you provide examples of seven-figure deals you've closed?

Prepare to share instances where you negotiated significant deals, detailing your approach to the negotiation process, challenges faced, and how you overcame them to achieve a successful outcome.

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How do you ensure collaboration among different teams during expansion projects?

Discuss the methods you use to foster cross-departmental cooperation, such as regular check-in meetings or collaborative platforms. Highlight the importance of clear communication and shared goals in achieving successful outcomes.

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What steps do you take to ensure a successful school launch?

Explain your launch preparation process, such as assessing community feedback, coordinating logistics, and training staff. Provide specific examples that demonstrate thoroughness and foresight in your preparations.

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How do you handle challenges or setbacks during growth initiatives?

Share your problem-solving strategies and resilience, emphasizing lessons learned from past experiences and how you've applied those lessons to future initiatives.

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Why do you want to work as the Managing Director of Growth at KIPP TEAM & Family?

Articulate why you are passionate about KIPP's mission and how your values align with those of the organization. Highlight your enthusiasm for contributing to educational accessibility and how your background equips you for this role.

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TEAM SIZE
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LOCATION
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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
December 22, 2024

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