Chief Capitalization and Communications Officer
Partners for the Common Good
Partners for the Common Good (PCG) is seeking a dynamic, mission-driven professional to serve as its Chief Capitalization and Communications Officer. This senior position will play a leadership role in resource cultivation, communications, business development, impact measurement, and program initiatives that advance the strategic goals of PCG, a Washington, DC based national community development organization that operates lending and CDFI industry capacity building initiatives. The position offers candidates an outstanding opportunity to make a significant national impact on both disadvantaged communities around the US and on the growing community development finance industry as a whole.
Founded in 2000, Partners for the Common Good's mission is to advance economic justice and opportunity for low-income people and communities. We do this by partnering with and promoting Community Development Financial Institutions (CDFIs) that promote affordable housing, neighborhood revitalization, healthy communities and other initiatives that create economic opportunity or reduce the racial wealth gap.
PCG founded the CDFI industry's first wholesale loan participation network that today has partnered with 50+ CDFIs in Washington, DC and 37 states, currently originates $18-20 million in participation transactions annually, and currently has an outstanding portfolio of $38 million. In 2021 PCG launched a projected $50 million Economic Justice Partnership Fund (EJPF), an innovative off-balance sheet facility to expand PCG's product offerings to the CDFI community. PCG also participates as a community development entity (CDE) allocating New Markets Tax Credits (NMTC). PCG received $85 million in NMTCs. PCG also provides contract servicing and monitoring for two external portfolios.
PCG is a CDFI infrastructure organization focused on building the capacity of the sector to generate impact. To that end, PCG manages the Community Development Bankers Association (CDBA) and the CapNexus platform (CapNexus.org). CDBA is the national trade association for the CDFI banking sector and advocates for the industry and communities served by CDFI banks. CapNexus is a community development finance industry networking and information sharing platform with 800+ users and which has posted over $1 billion community development transactions. PCG is a leader in social impact assessment and public policy advocacy. Our work is pioneering in its creation of new tools and infrastructure for community development finance organizations to manage portfolios and grow their scale and impact.
PCG's office is located in Washington DC.
Chief Capitalization and Communications Officer is a senior position. The incumbent will report to the Chief Executive Officer (CEO) and will take a leadership role in resource cultivation, communications, business development, impact measurement, and program initiatives that advance the strategic goals of PCG.
The incumbent will be a leader in the following five areas:
Fund Raising and Capitalization:
Marketing and Communications:
PCG seeks a seasoned professional with an entrepreneurial spirit, strong commitment to mission, and the following skills and experience:
PCG acknowledges and honors the fundamental value and dignity of all individuals. Together, our community strives to create and maintain a working environment that respects diverse traditions, heritages, and experiences. We are an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
PCG is adhering to CDC, state, and local orders with regard to COVID-19. During summer 2021, staff is gradually transitioning from remote work to in-person in our physical offices. We are closely monitoring the recommendations of health officials to protect the health and well-being of all staff. Applicants are strongly encouraged to be in the DC, MD, or VA area to be able to work in-office.
Full-time position. This position will ideally be based in Washington, DC with some travel required. Competitive salary, excellent benefits and a collaborative work environment. PCG is an equal opportunity employer.
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