Connecticut Career Accelerator Program: Fund Manager

The State of Connecticut’s Department of Administrative Services (DAS) is seeking a Fund Manager to design, launch, and operate the Connecticut Career Accelerator Program (CAP). The Fund Manager will be responsible for administering Outcomes‑Based Loans, overseeing credential‑focused training, managing disbursement schedules, tracking participant outcomes, and ensuring compliance with state reporting requirements. The role is essentially a program‑level financial and operational management contract, requiring expertise in workforce development financing, loan administration, data analytics, and stakeholder coordination. • Manage a $4.84 M fund dedicated to supporting learners pursuing credentialed training. • Design and implement draw‑down schedules and repayment mechanisms tied to measurable employment outcomes. • Coordinate with training providers, employers, and state agencies to align curriculum with labor‑market needs. • Provide regular performance reporting, financial oversight, and audit readiness. • Ensure compliance with all applicable state statutes and federal regulations governing outcomes‑based financing.