Chief Capital Access Officer

Studies have shown that women and people of color are less likely to apply for jobs unless they meet every one of the qualifications listed. We are interested in finding the best candidate for the job, and that candidate may come from a less traditional background. If you meet key qualifications for the job, and believe you would be the best fit, we encourage you to apply; please use your cover letter to explain how you will accomplish parts of the job for which you have less experience. If you are unsure whether you meet the qualifications of this position, please feel free to contact us.

Job Status: Full Time, Salaried, Exempt

Job Site: Any DevNW Office/Region (Lane, Linn/Benton, Marion, Clackamas)

**Note: all staff are currently working from home due to COVID-19. A home office set-up stipend and monthly internet contribution are in place for the duration of required telework. DevNW is currently evaluating our longer term telework policy, and may go to a hybrid model. Regardless of telework options, this position would need to live within our territory in order to travel to some in-person meetings and events.**

Job Salary: $86,000 – 106,000, depending on depth of relevant experience, knowledge, skills, and abilities listed below; 5% pay differential for bilingual English/Spanish

Benefits: Medical, dental and vision insurance; a deferred compensation retirement plan that includes an employer match (eligibility for the plan begins after one year of employment); paid vacation, sick leave, and holidays; optional alternative schedule of 5/8s, 4/10s, or 4/9s+4.

Supervisor: CEO

To apply, please submit a cover letter that describes how your education and experience prepare you for this position and a resume. Applications will be reviewed as they are received, and the position will be open until filled; priority will be given to applications received before October 15.

Organization:

DevNW is a regional nonprofit community development organization and member of the NeighborWorks® Network. We have offices in Springfield, Corvallis, Salem, and Oregon City, Oregon, and serve a six-county area with a mission to build vibrant communities by empowering individuals, families, small businesses, and neighborhoods. We provide a range of programs and services that create affordable housing; promote economic stability and opportunities for low-income people; and build thriving, inclusive neighborhoods. DevNW is dedicated to deconstructing the racist and discriminatory systems that have led to vast inequalities in housing, asset/wealth building, and small business development in our communities.

Purpose of the Position:

The Chief Capital Access Officer (CCAO) is a new position that will join the executive leadership team at DevNW to oversee all all of our programs that provide grants, loans, and other financial tools to low/moderate income individuals, families, and small businesses. The goal of the position is to ensure that DevNW lending and other pass-through funding tools are reaching and impacting the communities we aim to serve, particularly BIPOC communities, and that we are utilizing these tools effectively to overcome historic discrimination and systemic barriers to homeownership, small business creation, and asset building. The CCAO will also help us advocate for new/expanded resources for additional dollars to help low-income and BIPOC communities reach their financial goals, and for policy changes that create better, more equitable access to these financial tools.

Typical Examples of Work:

Below is an illustrative list of the responsibilities of the Chief Capital Access Officer. This list is does not include all of the specific tasks the employee may be expected to perform.

Program Development, Management, and Oversight (40%)

  • Directly oversee our Home Repair/Rehab loan programs and staff; ensure that the policies/procedures/operations of our home repair loans lead to both the health of the fund and increasing access/impact for BIPOC and other marginalized communities;
  • Collaborate with our CEO and CLW Director of Lending to oversee Community LendingWorks (CLW) staff and loan programs; ensure that the products/policies/procedures/operations of our consumer and small business lending programs lead to the overall heath of the fund and increasing access/impact for BIPOC and other marginalized communities;
  • Manage key contracts and grants for CLW and Repair/Rehab to ensure program compliance and continue funding; work with the CEO, resource development team, and other key staff to complete applications (including contributing written narrative) for major grants and contracts, including federal funding;
  • Work with the CFO, CLW Director of Lending, and Repair/Rehab Manager to set annual budgets, track monthly budget reports, and adjust short and long-term business models to ensure financial health of the programs;
  • Coordinate with our Chief Program Officer and Director of Financial Wellbeing to align additional asset building financial tools (downpayment assistance, Individual Development Accounts, etc.) under the same goal of maximizing access and impact for BIPOC and other marginalized communities in line with our organization’s Equity Commitment Statement;
  • Work with the leadership team and a new Data Analyst to better understand external and internal data (quantitative and qualitative) to inform program improvements and new program development.

Staff Supervision and Development (30%)

  • Directly supervise the Repair/Rehab Manager and team; collaborate with the CEO and Director of Lending to supervise the CLW team; help craft the departmental org chart and direct lines of supervision during the first year on the job;
  • Provide professional development opportunities (both internally-developed and externally sourced) to help staff gain a greater understanding of historic barriers to asset building and access to capital, and how we can structure our access to capital programs/policies to push back against systemic racism;
  • Help develop the supervisory skills of directors and managers within the department.

Partner Engagement and Advocacy (30%)

  • Develop trusted relationships and collaborate closely with key partners, funders, and other stakeholders, prioritizing leaders/partners from culturally specific service providers and BIPOC communities throughout our region;
  • Collaborate with the CEO, other DevNW leaders, and external partners to advocate for resources and policy changes that specifically dismantle historically racist and marginalizing systems, and create more equitable pathways to financial resources and asset-building opportunities for BIPOC and other underserved communities.

Additional Duties:

  • Other specific projects as assigned or developed

Supervisory Responsibilities:

The Chief Capital Access Officer will oversee staff within the Community LendingWorks and Rehab/Repair lending teams, including 8 current staff. Direct lines of supervision can be determined based on early input from the CCAO, in partnership with the CEO.

Job-Specific Experience, Knowledge, Skills and Abilities:

We know that experience is gathered in many ways. These guidelines represent some, but not all of the ways you might have acquired the skills required for this role. If you have a demonstrated ability to fulfill the job duties, but got there in a different way, please apply.

Experience:

  • A masters degree and 5 years of progressive management responsibility in a related field with proven impacts in serving BIPOC communities;
  • A bachelors degree and 6-10 years of progressive experience with proven impact;
  • 10+ years of high level management and leadership experience with proven impact.

Demonstrated knowledge of:

  • Historic and current barriers in accessing capital among BIPOC and other underserved and marginalized communities, including: consumer, business and/or mortgage lending, credit systems, generational wealth, and access to public resources;
  • Building equitable policies, procedures, and operations that ensure equitable access by underserved communities, including feedback loops and data analysis to determine success and/or foster continual improvement;
  • Lending (preferred) and/or grantmaking, including policies, underwriting guidelines, origination, servicing, and evaluating the health of a loan fund;
  • Grant and contracts management, including applying for, administering, and closing out large federal grants and contracts;
  • Departmental budgets and financial reports, including both operating and capital budgets;
  • High level program management, including managing entrepreneurial and expanding programs/operations that are responsive to changing community needs;
  • Supervision and staff development, including individual coaching and professional development across a range of positions, cross-cultural supervision skills, building supervisory/management skills for mid-level and/or new supervisors, and cultivating a cohesive and high performing team.

Ability to:

  • Think strategically – at both a system level and org/program level – about how to deconstruct historic barriers and increase access to capital (in a variety of forms) for BIPOC and other marginalized communities;
  • Collaborate with the DevNW and CLW leadership team to evaluate, improve, and build our access to capital suite of tools;
  • Manage daily operations of multiple (and growing) loan funds in a way that ensures long term viability and maximizes impact;
  • Build a healthy and strong team with access to capital programs, that is fully integrated with other DevNW departments, so that our clients and communities can seamlessly access all programs relevant to them.

General Knowledge, Skills, and Abilities:

  • Commitment to the ideals of equity, asset building, economic justice, and creating economic opportunities for low- to moderate-income families;
  • Effective and creative problem solving;
  • Communicate information clearly and accurately verbally and in writing
  • Establish and maintain effective relationships with individuals and groups
  • Ability to thrive in a job that is fast-paced and varies from one day to the next
  • Willingness and ability to adapt quickly as program and organizational needs evolve;
  • Ability to work independently and as a member of a close-knit team, with equal ease;
  • Proficient in Microsoft Office suite applications including Word, Excel, and Outlook.

Additional Requirements:

  • Ability to work some evening and weekend hours for occasional conferences, partner events, etc. (likely not more than 1-2 per month); travel to other locations in Oregon; and travel out of state for training and/or conferences for periods up to a week (once a year or less).
  • This position will require periodic travel to all of our office loactions, as well as meets and partner events around Oregon. Must have valid Oregon driver’s license and ability to be covered by organizational insurance in order to use company vehicles for work travel, and/or must have reliable transportation, auto insurance and maintain a valid driver’s license (mileage reimbursement provided for work travel in own vehicle).
  • Ability to use a computer/keyboard (or adaptive equipment) and associated software for videoconferencing, word processing, spreadsheets, databases, email and calendar/scheduling programs.

To Apply: please submit an application to Erika Reyes, . An application consists of a cover letter that describes how your education and experience prepare you for this position and a resume. Please include “Chief Capital Access Officer” in the subject line of the email. We will begin reviewing applications as they are received, and the position will remain open until filled; priority will be given to applications received by Octoer 15th.

DevNW is an Equal Employment Opportunity Employer. All qualified persons are encouraged to apply. Applications for employment will be considered without regard to race, color, national or ethnic origin, religion, gender, gender identity, sexual orientation, marital status, age, disability, and any other characteristic protected by applicable law.

DevNW values diversity and supports a positive, welcoming environment where all of our employees can thrive. We strive to hire a workforce representative of the communities we serve, understanding a diverse workforce strengthens our organization.