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About the Role

NYC Kids RISE seeks a strategic, entrepreneurial, and highly collaborative leader to serve as its first Managing Director, 530A Account Initiatives. This role will lead the organization’s emerging body of work related to 530A Accounts, supporting the development and execution of the overall 530A Account strategy. The immediate focus will be overseeing the citywide campaign to help families of eligible babies claim the $1,000 federal investment.

Responsibilities

Develop and lead NYC Kids RISE’s overall strategy for 530A Accounts.
Develop and oversee NYC Kids RISE’s strategy for how 530A accounts fit within the broader Capital Stack.
Translate the 530A strategy into a portfolio of programs, partnerships, policies, and operational approaches.
Identify and develop new opportunities to leverage 530A accounts and NYC Kids RISE’s existing infrastructure.
Oversee the development, testing, and refinement of programmatic approaches related to 530As.
Serve as the integrator across NYC Kids RISE’s 530A work, connecting policy, programs, operations, community engagement, partnerships, communications, data and reporting, technology, and other organizational functions.
Help to establish goals and measures for NYC Kids RISE’s broader 530A portfolio.
Monitor the rapidly evolving federal 530A policy and implementation landscape.
Work closely with NYC Kids RISE’s internal teams and external partners to understand and inform policy, regulatory, and implementation decisions.
Build NYC Kids RISE’s institutional knowledge and expertise on 530A Accounts.
Identify, develop, and share best practices for integrating 530A Accounts into existing early wealth-building programs and community infrastructure.
Build and steward relationships with key external stakeholders across government, philanthropy, financial services, employers, community organizations, research and policy institutions, and the broader early wealth-building field.
Represent NYC Kids RISE in relevant external conversations, convenings, and partnerships.
Translate the broader 530A strategy into the organizational structures, processes, partnerships, systems, and resources needed to implement the work effectively and sustainably.
Lead cross-functional planning and coordination for the 530A portfolio.
Oversee the citywide campaign focused on ensuring families of eligible babies know about and can claim the $1,000 federal investment.
Ensure that learning from the babies campaign informs NYC Kids RISE’s broader 530A strategy.
Oversee budgets and resources associated with the 530A portfolio.
Anticipate operational and implementation challenges associated with a rapidly evolving federal program.
Build and lead the team and cross-functional structure needed to advance NYC Kids RISE’s 530A work.
Work closely with senior leaders and colleagues across policy, programs, operations, community engagement, communications, data and reporting, development, finance, and technology.
Create strong structures for learning and knowledge sharing.
Build understanding and alignment across NYC Kids RISE around the role of 530A accounts.
Foster a culture of learning, experimentation, accountability, and collaboration.
Advance racial equity and anti-oppression across the work.
In partnership with the Managing Director, Data and Strategic Analytics, define, track, and analyze key performance metrics for the 530A portfolio.
Establish performance tracking mechanisms for the citywide $1,000 federal investment campaign for eligible babies.
Design and maintain cross-functional reporting structures that synthesize insights from policy developments, programmatic testing, operations, and community feedback.

Requirements

At least 10 years of progressively responsible experience leading complex strategies, programs, or portfolios in early wealth building, financial empowerment, economic mobility, public policy, government, community development, public benefits, or another field relevant to building financial opportunity for children and families.
Demonstrated experience developing a new strategy or body of work and translating it into programs, operations, partnerships, and implementation.
At least five years of experience leading and developing teams, including experience managing managers and supporting teams through the launch or growth of new work.
Demonstrated ability to work across policy, program, and operational considerations and connect developments in the external environment to organizational strategy and implementation.
Demonstrated success building and managing partnerships across multiple sectors.
Strong strategic and systems thinking.
Strong project and operational management skills.
Experience using quantitative and qualitative information to understand implementation, identify barriers, assess progress, and improve strategy.
Demonstrated ability to work effectively across different communities, neighborhoods, institutions, and stakeholder groups.
Excellent written, verbal, interpersonal, and facilitation skills.
Comfort working in an evolving environment in which federal guidance, implementation processes, partner roles, and organizational strategy may continue to develop.
Bachelor’s degree or an equivalent combination of education, training, and relevant professional experience.
Experience developing or leading work related to early wealth building, children’s savings accounts, 529s, asset building, financial empowerment, or related strategies.
Experience working at the intersection of policy and implementation.
Experience working with New York City government and community-based organizations across the five boroughs.
Experience building cross-sector initiatives involving government, philanthropy, financial institutions, employers, community organizations, and/or other partners.
Experience contributing to field-building efforts through research, policy development, convenings, best-practice development, or external thought leadership.
Experience with large-scale family or community engagement, benefits access, public education, or enrollment efforts.
Familiarity with federal tax-advantaged accounts, public benefits, or other policies affecting household asset building is a plus.

Skills

Strategic thinking
Systems thinking
Project management
Operational management
Partnership building
Team leadership
Cross-sector collaboration
Policy analysis
Program development
Financial empowerment
Economic mobility
Community development
Public policy
Data analysis
Interpersonal skills
Facilitation skills
Written communication
Verbal communication

Location

New York City, NY

Work Type

Hybrid
Some evening and weekend availability required

Experience Level

10+ years of experience
5+ years of management experience

Education Level

Bachelor's degree or equivalent combination of education, training, and relevant professional experience

Salary/Compensations

$147,800 - $182,100 annually

Benefits

30 days of paid time off (15 vacation days increasing with tenure, five personal days, two annual one-week office closures)
Sick time
Holidays
Medical insurance
Dental insurance
Vision insurance
Life insurance
Short-term disability insurance
Long-term disability insurance
Healthcare FSA with employer contribution
Dependent-care FSA
401(k) with a 4% employer match after one year of service

About the Company

NYC Kids RISE has been working alongside partners in government, philanthropy, business and communities to build a first-of-its-kind universal decentralized community wealth building platform for New York City neighborhoods.
The platform expands access to mainstream financial products; builds individual, family, and collective financial assets; provides financial education for families and students; and brings schools and communities together to support all their children’s futures.
The Program serves as a model for generational wealth building and fostering neighborhoods of economic opportunity — locally and nationally.
Over 380,000 children have NYC Scholarship Accounts and have accumulated more than $85M to date.
The Program is on pace to reach nearly all ~1 million NYC public school students by 2034.
The emergence of 530A Accounts creates a new opportunity for NYC Kids RISE to build upon the citywide wealth-building platform developed over the past decade.
NYC Kids RISE is working to explore how 530A Accounts can work alongside NYC Scholarship Accounts, family-owned 529 accounts, and other sources of financial and social capital to further build the Capital Stack of assets available for each child’s future.
NYC Kids RISE is working across policy, programs, partnerships, and field learning to understand and measurably advance how these accounts can best support New York City children and families, particularly those who have faced barriers to wealth building.

Equal Opportunity

NYC Kids RISE is an Equal Opportunity Employer. We do not discriminate in employment on the basis of gender, religion, race, creed, color, national origin, citizenship status, age, disability, marital status, caregiver status, sexual orientation, gender identity or expression, military status, unemployment status, or any other characteristic protected by law.