Director, Innovation Fund

Enterprise Residential • New York, NY

1d • Hybrid

About The Position

Strategy & Operations (StratOps) is a newly established function within the Office of the Chief Operating and Financial Officer (COFO). It helps Enterprise prioritize, resource, govern, and deliver its most important cross-divisional work — bringing together project management, portfolio management, execution, and resource allocation in one place, without replacing division or Shared Services ownership. StratOps focuses the organization on a defined set of strategic priorities that require coordination, tradeoffs, and sustained execution. It has three areas of focus: Enterprise PMO: Leads enterprise prioritization and portfolio management, drives implementation of the Strategic Plan, and leads enterprise-wide special projects. Innovation Fund: Governs how Enterprise invests capital from an internal innovation fund to bring its most promising mission-driven ideas to scale. Shared Services PMO: Provides portfolio management, project management, and execution support across Enterprise’s corporate Shared Services functions — such as Finance, Treasury, IT, and Enterprise Risk Management. Based in New York, this is a hybrid role. The Director, Innovation Fund leads the Innovation Fund vertical within Enterprise’s new Strategy & Operations function. The vertical oversees an internal innovation fund that provides grants or concessionary capital to the most promising mission-driven initiatives that surface from within Enterprise, helping bring our best ideas to scale. This role administers Enterprise’s Resource Allocation Framework (RAF) — the process that governs how this capital is evaluated, allocated , and tracked. The Director guides initiative sponsors seeking funding through the RAF process — leading them through intake, diligence, and evaluation — and prepares clear, decision-ready analysis so that senior leadership can make well-informed capital allocation decisions. The role is responsible for operationalizing the RAF, running it day to day, and continuously improving its framework, tools, and governance as the fund matures. This role is designed as a senior individual contributor and is not currently envisioned as a people management role.

Requirements

• 7–10+ years of experience in impact investing, mission finance, strategic finance, or resource allocation
• Strong analytical capabilities (financial modeling, scenario analysis, risk assessment)
• Experience supporting investment decisions or capital allocation
• Entrepreneurial mindset — energized by operationalizing and continuously improving an early-stage framework, and comfortable operating in a function that is still taking shape
• Ability to synthesize quantitative and qualitative inputs into decision-ready recommendations
• Experience working across multiple stakeholders in complex environments
• Strong communication and executive presentation skills, with proven ability to engage and build trust with senior leaders
• High judgment and adaptability, with the ability to operate in ambiguity and across multiple workstreams in a fast-paced environment
• Advanced proficiency in Excel and PowerPoint, with the ability to build financial models and produce executive-ready analysis and materials
• Proficiency using AI tools to work more efficiently and elevate the quality of outputs

Nice To Haves

• Experience designing or operating governance processes, investment frameworks, or portfolio-level systems strongly preferred

Responsibilities

• Administer, operationalize, and continuously improve the Resource Allocation Framework (RAF) that governs how investments are made from an internal innovation fund
• Build the tools, templates, processes, decision-support materials, and ongoing governance that support the RAF
• Guide program owners seeking funding for their initiatives through intake, due-diligence review with other functional groups, and evaluation of funding requests
• Facilitate financial and strategic analysis to support evaluation and decision-making
• Facilitate investment-approval decisions by senior leadership, presenting decision-ready recommendations
• Monitor the fund’s portfolio on an ongoing basis against the RAF criteria on which each investment was approved — tracking performance across financial, mission, risk, and other dimensions to assess whether initiatives are delivering
• Provide portfolio-level reporting and analytics to senior leadership
• Ensure funded initiatives are integrated into the Enterprise PMO’s portfolio reporting and tracked consistently for execution

Benefits

• annual performance bonuses
• generous paid leave programs
• dental, health, and vision care plans
• family-building benefits such as adoption and surrogacy support
• health advocacy
• Employee Assistance Program (EAP)
• mental health benefits
• financial education
• wellness programs
• auto-enrollment in the company’s 401(k) plan with employer matching contributions
• learning and development opportunities, including tuition reimbursement for job-related courses and certifications

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed