Equity Fund Analyst
Release date: November 18, 2025
Anticipated Start Date: Early 2026
Applications will be reviewed on a rolling basis, and the position will be open until filled.
Position Overview
The Equity Funds Analyst will join VCDC’s Equity Funds & Investor Relations team to support all aspects of VCDC’s equity fund program. This includes monitoring fund performance, preparing reports for investors and other stakeholders, and contributing to fund formation and investor outreach efforts. This role supports VCDC’s mission by strengthening fund operations, enhancing investor relationships, and ensuring accurate, transparent financial analysis.
About VCDC
VCDC is a nonprofit community development organization based in Richmond, Virginia. We provide capital solutions and strategic partnerships to support affordable housing and community development across Virginia and beyond. Our work includes equity investments backed by Low-Income Housing and Historic Tax Credits, compliance and capacity-building support, and consulting services. Through our affiliates, the Virginia Community Development Fund (VCDF) and Virginia Community Development Advisory Services (VCDAS), we also offer lending and technical assistance for housing, commercial, and economic development projects.
Our work is guided by the following values:
People – We go the extra mile for those we serve and work with.
Partnerships – We collaborate with empathy, curiosity, and shared purpose.
Community – We define success by the housing and economic security we help deliver.
Equity – We invest in overcoming injustice and advancing opportunity.
Key Responsibilities
Fund Management
Develop, analyze, and maintain VCDC’s fund models.
Prepare initial fund projections to support investor outreach and subscription activities.
Coordinate with VCDC acquisition staff to evaluate project-level pricing and assess investment adjustments.
Update fund projections at least quarterly based on actual asset performance, including schedule changes and benefit delivery.
Adjust projections as needed to maintain IRR and other benefits consistent with fund targets.
Support fund cash management and tracking, including investor draws, contributions to properties, and bridge loan/reserve activity.
Prepare routine and special investor reports, including quarterly benefit schedules.
Fund Formation and Outreach
Assist in the preparation of investor presentations and marketing materials.
Support the development of responses to investor questions and due diligence requests.
Help maintain investor contact information and the investor outreach calendar.
Participate in investor outreach activities, including meetings, workshops, and conferences.
General VCDC Support & Other Duties as Assigned, including but not limited to:
Participate in required convenings, summits, and staff meetings.
Serve on cross-functional teams to support organizational priorities.
Complete special projects as assigned.
Perform additional duties as needed to support the goals and mission of the organization.
Performance Expectations
The Equity Funds Analyst is expected to deliver accurate financial analysis, timely reporting, and effective communication with internal and external stakeholders. The role requires strong customer-service orientation, adaptability to evolving priorities, and a proactive approach to ensuring effective fund operations and investor satisfaction.
Qualifications
At VCDC, we recognize that skills and impact come from a variety of paths. If you believe you have the skills and experience to succeed in this role, even if you do not meet every listed qualification, we encourage you to apply.
A successful applicant will:
Be a detail-oriented and proactive team member with strong analytical capabilities.
Demonstrate advanced skills in financial modeling and fund management.
Maintain a high degree of accuracy and independence in daily work.
Collaborate effectively with internal teams and external investors.
Show flexibility and problem-solving abilities to manage a dynamic workload.
Support investor relations through timely, accurate communication and analysis.
Contribute to fund performance objectives through data-driven insights and reporting.
Ideal candidates will bring many of the following qualifications:
Education: Bachelor’s degree in Finance, Business, Economics, or a related field preferred.
Experience: Minimum of 3 years of experience in financial or real estate transactions, with direct responsibility for tracking and reporting transaction-level details.
Preferred: Familiarity with Federal Low-Income Housing Tax Credits (LIHTC) and other Federal, State, or local affordable housing programs.
Technical Skills:
Advanced proficiency in Microsoft Excel (required).
Proficiency with Microsoft Office Suite, video conferencing platforms, and general office technology (required).
Experience troubleshooting basic technical issues and coordinating with IT support (preferred).
Work Environment & Additional Information
Location/Primary Base of Operations: Richmond, VA
Work Arrangement: Hybrid (Remote/In-Person)
Position Type: Full-Time, Exempt
Typical Work Schedule is 9:00am-5:00pm, Monday through Friday, though hours may shift occasionally based on business needs.
Travel: Occasional travel is required across Virginia and adjacent states. A valid driver’s license is essential.
Reports To: Director of Equity Funds & Investor Relations
Department: Equity Funds & Investor Relations
Supervisory Responsibility: No
Organizational Culture: VCDC fosters a values-driven culture grounded in our mission. Team members are expected to work with purpose and clarity, lead with integrity and inclusion, communicate transparently and collaboratively, and commit to continuous learning and improvement.
Physical Requirements: The physical demands and requirements described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is frequently required to: sit, move, communicate (verbally and written), frequently lift objects up to 20 pounds, read, analyze, and calculate various types of data and information. Reasonable accommodation will be made to enable individuals with disabilities to perform the essential functions of the role.
Compensation & Benefits
At VCDC, we believe compensation should reflect both the impact of the work and our commitment to organizational values. We use national and local salary surveys, structured pay bands, and internal benchmarking to ensure our pay practices are fair, competitive, and transparent.
Salary and Pay Band: $70,000-$90,000. This represents the full compensation range for the role over time, not necessarily the starting salary.
Starting Salary: The expected starting salary will be commensurate with experience, skills, and qualifications. Candidates should expect an offer within the lower to mid-range based on relevant experience, with progression of opportunities tied to performance and tenure.
Bonuses: Performance-based bonuses may be available depending on individual and organizational outcomes.
Our total compensation package includes a range of financial, wellness, and professional benefits:
Health & Wellness: Medical, dental, and vision insurance with 100% employer-covered options; 24/7 telemedicine; a confidential Employee Assistance Program (EAP) offering mental health and wellness support; and access to a free office gym
Time Off & Flexibility: Generous paid time off (PTO) and volunteer time off; hybrid work environment; free parking; casual dress; and ergonomic workstations
Financial Security: Employer-paid life, AD&D, and long-term disability insurance; retirement plan with employer-funded contribution after one year; and tech/cell phone stipend (as applicable)
Professional Growth: Tuition reimbursement, industry certification support, and a mission-driven, learning-focused culture
Note: Benefits and compensation details are provided for informational purposes and are subject to change.
How to Apply
Please submit your resume and a brief cover letter describing your interest and qualifications here. Applications will be reviewed on a rolling basis, and the position will be open until filled.
Equal Opportunity & Equity Statement
VCDC is an equal opportunity employer committed to building a diverse and inclusive team. We recruit, employ, train, compensate, and promote without regard to race, religion, color, national origin, sex, sexual orientation, gender identity or expression, age, disability, veteran status, or any other protected status as required by law.
Background Check Notice
All offers of employment at VCDC are contingent upon the successful completion of a background check. This may include verification of employment and education history, reference checks, Social Security validation, and a review of criminal history. A criminal record does not automatically disqualify a candidate. We consider the nature of the offense, how long ago it occurred, its relevance to the role, and whether it presents an unreasonable risk to our organization or community.