Careers

Chief Executive Officer, Capital for Change

C4C is seeking a visionary and strategic leader with a proven ability to manage a dynamic, high-growth, nonprofit organization and a commitment to racial equity and inclusion. The top candidate must bring a deep understanding of and extensive experience working with CDFIs. (While an understanding of the Connecticut community and economic development landscape is ideal, we welcome applicants who are eager to bring their expertise and energy to learning about our wonderful state and the communities that we serve.) The CEO must be able to cultivate relationships with aligned funders and partners (locally and nationally) to ensure financial resiliency and sufficient lending capital to reach the borrowers that we aim to serve. The CEO will continue to build an internal culture of inclusivity, transparency, diversity, and equity and will lead C4C’s efforts to ensure that current and future activities achieve greater equity and inclusion for the communities we serve.

Position Summary

Vision, Mission, and Organizational Leadership Lead the vision, mission, and day-to-day administration of the organization Collaborate with Board and staff to develop and execute a strategic plan that builds on C4C’s past success and evolves to meet the changing needs of the communities we serve using a lens of equity and inclusion. Foster an organizational culture that encourages diversity, equity, inclusion, and collaboration Model a shared leadership style and provide coaching, mentoring, and professional development for staff Engage the Board of Directors in regular communication to best leverage their time, expertise, and resources Develop and manage relationships with diverse stakeholders, including community members, nonprofits, businesses, and government officials at the local and national level Fundraising, Partnerships, and External Communications: Oversee C4C’s fundraising strategy to ensure the organization’s financial sustainability and growth in critical lending capital. Serve as a key point-person for the impact investment and philanthropic communities in supporting C4C and identify new and diverse sources of lending capital and operational funding at the regional and national level. Manage and grow existing relationships with individual, corporate, foundation, and government investors and grant-makers. Cultivate partnership opportunities at the local, regional and national level for both co-investment as well as targeted programmatic efforts. Serve as the primary public spokesperson for the organization, representing C4C in local and national platforms including traditional and social media and industry events Financial and Operational Administration: Ensure C4C’s financial health and sound financial controls are in place; set financial priorities accurately to ensure the organization is operating in a manner that supports the needs of the programs and staff and within Board guidelines. Continually evaluate and enhance the organization’s operations, systems and policies to maximize efficiency and effectiveness in delivery of C4C various loan products and services while continuing to ensure equitable and inclusive impact. Oversee all regulatory and funder compliance, ensuring strong procedures are in place and adhered to. Qualifications: Expertise in community and economic development and a demonstrated commitment to our mission Experience in a senior leadership role at a mission-driven organization Successful record of leading and inspiring teams, building an inclusive and equitable organizational culture, and developing talent Adept with finance and lending structures and able to attract impact investments from public and private sources. Demonstrated record of building strong external relationships and creating collaborations to meet community needs. Exceptional interpersonal, oral, and written communication skills Proven ability to collaborate with diverse stakeholders Compensation: Capital for Change provides competitive pay, a generous benefits package, and a supportive environment where you will be rewarded for your contribution to our success. The targeted annual salary range for this position is $175,000-$190,000. Location: This position is based in Wallingford, CT. Capital for Change is currently operating a hybrid remote schedule which is subject to change as conditions allow. Application Deadline: Applications will be reviewed on a rolling basis. Candidates are encouraged to apply as early as possible.

Development Officer

Capital for Change, the largest full-service Community Development Financial Institution (CDFI) Loan Fund in Connecticut, seeks a strong communicator with a broad fundraising history to grow and nurture our portfolio of social impact investors, funders, and donors. Experience with Community Development or Social Impact Investing will give you a great headstart. In this re-imagined position, you will exercise your initiative to pursue new opportunities and learn new skills and your commitment to collaboration and teamwork. Capital for Change is actively developing its equity, diversity, and inclusion culture and programs and welcomes people of all cultures, races, identities, and experiences to walk the talk with us. Key responsibilities of this position include the following: • Collaborate with senior leadership to create an overall development strategy that annually adds over $1 million. • Manage grant and social impact investment proposal process, including writing content and coordinating activities of others. • Identify, contact, cultivate, and negotiate agreements with potential social impact investors, including financial planners and individual investors. • Maintain positive, long-term relationships with donors and investors. • Partner with the Marketing & Communications Officer and Community & Business Development Officer for fundraising-related outreach and communications. • Collaborate with the Board of Directors to leverage support from donors and social impact investors, corporate and philanthropic sources. • Coordinate with Finance Department to set budgets and submit timely and accurate funder reports. • Oversee all written and online donor appeals, as well as donor contributions and acknowledgements. • Oversee completion of reporting requirements and deadlines pertaining to grant funders and social impact investors. • Oversee management of the donor database, mailing lists, and corporate registrations.

Position Summary

Our ideal candidate will have the following qualifications: • Bachelor’s degree in a related field • At least 5 years of general nonprofit/CDFI/Community Development experience with at least 3 years of relevant fundraising experience and increasing levels of responsibility in nonprofit fundraising. • Experience with Social Impact Investment preferred, or comparable experience, e.g. planned giving, major gifts. • Experience with financial investments a plus. • CFRE certification preferred • Computer software: Excel, Word, Salesforce, and donor management software or comparable programs. Ability to grasp new software programs. • Grant writing: Demonstrated grant writing success, especially state and federal grants. • Communication: Demonstrated writing skills and the ability to communicate complex financial, programmatic, and business concepts to a wide variety of different audiences in a simple and compelling manner. • Financial: Strong aptitude for numbers and excellent analytical skills with a high level of attention to detail. • Commitment to working collaboratively as a member of a team as well as across departments, including a willingness to seek consensus and to share ideas and power. • Self-starter who will identify and pursue the knowledge and skills they need to succeed just as they identify and pursue prospects. • Actively promote equity and inclusivity as a leader in the organization. • Ability to be effective in a fast-paced environment with multiple tasks and deadlines. • Strong interpersonal skills, with high degree of tact and diplomacy. • Excellent organizational skills; ability to handle confidential information. Capital for Change provides competitive pay, a generous benefits package, and a supportive environment where you will be rewarded for your contribution to our success. Salary range is $75,000 - $90,000K

Multi-Family Affordable Housing Underwriter

We’re adding to our Commercial Lending team! Bring your commercial lending experience and grow with us! Capital for Change is actively developing its equity, diversity, and inclusion culture and programs and welcomes people of all cultures, races, identities, and experiences to walk the talk with us. Capital for Change, the largest full-service Community Development Financial Institution (CDFI) Loan Fund in Connecticut, seeks a self-starter with affordable housing underwriting experience to help to advance C4C’s mission of providing flexible financing to borrowers, primarily for affordable housing projects. Key responsibilities of this position include the following: • Screen and underwrite financing requests, including collection and analysis of application materials. • Provide support to other C4C staff members on project specific analysis and underwriting for affordable multi-family, single family, and some nonprofit lending transactions as well as loan modifications, extensions and workouts. • Serve as a member of the C4C Internal Loan Committee and make recommendations on loans presented to the committee. • Assist with commercial loan documentation. • Prepare Loan Approval Documents, present to Loan Committee, and manage closing process with legal counsel. • Coordinate with third party providers including inspections, environmental work and appraisals. • Participate in management of construction loan advances for applicable loans. • Provide technical assistance as needed to C4C borrowers. • Answer phone calls, provide basic information for loan inquiries, and direct callers to appropriate parties within the organization.

Position Summary

Our ideal candidate will have the following qualifications: • At least three years of experience in commercial loan underwriting with a CDFI, bank, or other financial institution related to affordable housing development and real estate construction. • Bachelor’s degree in relevant field or equivalent additional experience. • Knowledge of and experience with public and private sector funding sources for affordable housing and community development. • Proficiency in Microsoft Office Suite, Salesforce, and loan servicing software. • Deep commitment to diversity, equity, and inclusion and ability to welcome and empower all. • Strong verbal and written communication skills. • Excellent organizational, multi-tasking, and problem-solving skills. • Keen attention to detail and accuracy. Capital for Change provides a competitive pay and benefits package and a supportive environment where you will be rewarded for your contribution to our success. Please send your resume by clicking Apply Now. For priority attention, please provide a cover letter and salary expectations.

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