Reporting to the CEO and serving on the Executive Team, the Chief Development Officer (CDO) will lead WACIF's development and fundraising strategy. The CDO will expand and diversify WACIF's funding base, deepen relationships with philanthropic and corporate partners, cultivate new sources of support, and ensure WACIF has the resources needed to pursue its strategic priorities.
This is a highly external role for a strategic and entrepreneurial leader who enjoys building relationships, opening doors, and creating opportunities. The CDO will work closely with the CEO, the Board of Directors, the Executive Team, and development staff to strengthen WACIF's position as a leading community development financial institution and economic development partner in the region.
Essential Duties and Responsibilities- Development Strategy
- External Relationships and Fundraising
- Fundraising Strategy & Performance
- CEO & Board Partnership
- Executive & Team Leadership
Qualifications- Advanced degree in Accounting, Finance or another related field or commensurate similar experience (MBA, CPA, of CFA preferred);
- At least 15+ years of progressive experience in senior financial management roles within financial institutions, investment firms, or broader financial services (non-profit experience preferred);
- Strong communication skills, including the ability to effectively communicate with stakeholders at all levels of the organization, facilitate decision-making processes, and maintain transparency;
- Experience in leading or supporting organizational change initiatives, including restructuring, process improvements, or system implementations, to ensure smooth transitions and continuity of operations;Proven ability to identify and address complex challenges or issues that may arise, utilizing creative problem-solving skills and resourcefulness to find effective solutions;
- Experience in managing multiple projects or initiatives simultaneously, setting priorities, allocating resources, and ensuring timely delivery of results;
- Proven experience engaging with private and public sector debt investors through deal sourcing, due diligence and closing investment stages;
- Proven experience with creative and catalytic capital structures or blended capital financing models, including the use of credit risk guarantees, loan loss reserves, long-term subordinated debt (EQ2s);
- Experience making credit risk decisions and sitting on internal credit risk or investment committees;
- Experience leading a highly functioning finance team within growing organizations;
- Working knowledge of non-profit revenue recognition principles (ASU 2014-09 Topic 606 and ASU 2018-08);
- Compliance and risk-oriented; strong analytical skills
- Experience working in a CDFI, financial services, or investment management firm a plus;
- A high level of motivation, initiative and attention to detail;
- Ability to work under pressure and handle stress;
- Advanced proficiency in MS Office Suite (Excel, Word, Outlook, PowerPoint);
- Interest in and commitment to WACIF's mission of working with low- and moderate-income individuals and underserved communities.
Salary Range:$130,000 - $185,000
Benefits:- Healthcare
- HSA & FSA
- Dental
- Vision
- Life & AD&D
- Short- & Long-Term Disability
- Matching 401(k)
- Paid Holidays
- PTO
- Education Assistance
To Apply:Please submit a cover letter and resume for consideration.
