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Small Business CDFI Executive Director Opportunity

  • 1.  Small Business CDFI Executive Director Opportunity

    Posted 01-15-2019 03:42 PM

    POSITION ANNOUNCEMENT

    EXECUTIVE DIRECTOR

    CHARLESTON LDC

    THE OPPORTUNITY

    Charleston LDC, a federally certified CDFI focused on micro and small business lending in the state of South Carolina, is poised for significant organizational growth with a strong capital base, ample demand for its programs and resources, and a very strong, well-positioned Board of Directors. The organization is in a very strong financial position for a new executive to make a real impact in expanding the availability of loan dollars for small businesses and entrepreneurs in South Carolina. For more information about the organization, visit https://Charlestonldc.com. At the end of 2017, the LDC had assets of just under $33M, and an operating budget of approximately $1M, with most revenue coming from interest and fee income. LDC is governed by a 14 person Board of Directors, representing several of the major bank lenders in the city, as well as previous borrowers, accountants, attorneys and other professionals who work in the field. The work is carried out by a small staff of seven, including the Executive Director, two lenders, a finance director, a compliance specialist, a business coach and an administrative assistant.

    REQUIREMENTS

    The ideal candidate will demonstrate the following professional qualifications:

    • At least 8 years of professional business finance experience, preferably with non-profit organization(s);
    • At least 8 years of lending experience with a general understanding of community development finance tools and processes, including experience with acquisition and line of credit financing;
    • Demonstrated broad knowledge of within the micro and small business lending field;
    • At least 8 years of executive level management experience, ideally including some experience with a community development financial institution;
    • Demonstrated entrepreneurial aptitude to successfully manage organizational growth;
    • Proven track record of raising investment capital and operating support;
    • Demonstrated ability to negotiate effectively and form partnerships with both private and public sector financing entities;
    • Demonstrated record of successful financial management, including P&L responsibilities;
    • Outstanding skills in oral and written communication;
    • Demonstrated strong strategic planning and financial analytical skills;
    • Graduate degree in business, finance or other related field is preferred. At least 10 years of professional experience in banking or other community lending may substitute for an advanced degree.

     

    For more information, or to apply, contact David Erickson-Pearson at Erickson-Pearson Search, epdavid@earthlink.net; 303-703-6165.



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    David Erickson-Pearson
    Erickson-Pearson Search
    Highlands Ranch CO
    303-703-6165
    epdavid@earthlink.net
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