Chief Executive Officer

Department: Executive

The Role

The CEO of Community Reinvestment Fund, USA (CRF) provides inspiration, vision and leadership for the organization. CRF is a leading innovator in scaling community development solutions and is a unique and essential contributor to the sector. The CEO will have the opportunity to lead a talented and committed team to define the next chapter of this organization and its contribution to creating and scaling impact in communities. The incumbent reports to the Board of Directors and also serves as a voting member of the Board of Directors. The CEO is responsible for:

  • Developing the strategic direction of CRF; provides the vision and leadership for the organization as a whole. They lead, manage and mentor the senior team that manage the organization on a day-to-day basis.
  • Providing personal leadership and example of culture, values and passion for the people the organization serves and in furtherance of striving for a just economy.
  • Overseeing the development of CRF annual business and operating plans, including financial and budget obligations.
  • Lead the senior team and entire organization to consistently deliver on the financial and operating plans of the organization.
  • Serving as a leadership voice and setting strategy for partnerships, public policy and innovation for CRF and for the industry.
  • Instituting transparency in operation to steward public trust in financial stewardship and to provide the highest level of service to the public and CDFI community.
  • Providing strategic and visionary insight for the industry as a whole and providing a trusted voice on policy at the national level for the industry.
  • Setting a personal example and embodying the values of diversity, equity and inclusion for the organization.
  • Setting a partnership approach for the organization as a whole.

KEY RESPONSIBILITIES

The CEO will be responsible for overseeing the strategic direction, vision, mission and day-to-day operations as well as guiding CRF on all matters of finance, leadership and policy. They will be a tireless advocate for diversity, equity and inclusion and the people and businesses Community Reinvestment Fund serves. The CEO is responsible to the Board for effective implementation of all policies and programs.

The essential duties and responsibilities are:

  • Strategic Vision and Mission – Live and promote the vision and mission of the organization. Lead the organization’s future strategy and organizational excellence. Lead the efforts of the board and staff to revise and/or update the vision and mission as needed; provide leadership in the development, improvement and innovation of operating and business plans; and ensure the execution of those plans that achieve the organization’s mission.
  • Leadership and Management – Guide and lead an innovative, partnership-focused leadership team and ensure that both near-term and long-term goals are established, measured, and achieved. Review organizational structure to ensure it is optimally aligned and that resources are in place to achieve stated goals. Attract, develop, and retain a high performing, diverse workforce.
  • Operational Excellence – Continually seek excellence in operations while maintaining CRF’s innovative partnership approach. Enhance the organization’s leadership position within the country and industry as a key resource in meeting the community’s needs.
  • Commitment to Diversity, Equity, and Inclusion – Lead a demonstrably inclusive organization to deepen its track record of commitment to programs and policies that support diversity, equity, and inclusion both in the workplace and in the community. Work affirmatively to empower the diverse communities and partners that CRF serves. Ensure an organizational culture and framework for advancing DEI is in place and thriving.
  • Relationship Management – Cultivate and leverage highly collaborative relationships and partnerships with other CDFI partners throughout the country.
  • Stakeholder Engagement – Welcomes and develops diverse stakeholder engagement. Ability to foster positive partnerships with transparent communication.
  • Financing and Project Management – Lead the organization through comprehensive, complex, and significant financial transactions and partnerships.
  • External Relations – Serve as a leadership voice and passionate advocate for CRF, their partners and the industry. Participate and serve in federal, state, and industry organizations and boards. Represent the organization and the industry as a spokesperson, technical and policy expert, and leader. Serve as a key fundraiser for the organization to ensure the organization has the needed resources to fulfil its mission.
  • Organization Risk – Direct the organization’s operational and financial risk framework; serve a key leadership role in the Finance and Enterprise Risk Committee. Mitigate financial risks with advice from the CFO, senior leadership and the Board’s finance committee while embracing operational excellence, growth and innovation. Ensure that the organization’s resources are managed appropriately.
  • Operational Excellence and Financial Oversight – Ensure the long-term financial health and sustainability of CRF and oversee the creation and implementation of the organization’s financial and business plans. Provide leadership in developing long-range organizational plans with the Board and Executive Team, consistent with the mission, vision, and values of CRF. Prioritize operational excellence and transparency.
  • Board Relations – Partner with the board to achieve organizational goals. Provide direction to the board and key committees regarding strategy, policy, and approach. Support board governance.
  • Business Ethics – Build and sustain CRF’s reputation as a highly accountable organization of financial depth, substance, innovation, and integrity.

EXPERIENCE AND PROFESSIONAL QUALIFICATIONS

CRF seeks an inspirational and experienced leader, manager, advocate and communicator as their next CEO. The organization is looking for a leader that understands complexity of the CDFI industry and the value that an innovative and partnership organization like CRF can provide to communities. They will be a proven leader of complex organizations, bring a growth mindset and have the skills necessary to advance scalable impact through partnerships. As such, the organization is looking for a leader with significant experience in management of a high-performing organization of related or comparable size and scope. Exceptional collaboration and relationship building experience as well as high-level and effective problem-solving and decision-making abilities are required. This leader must have a deep passion and commitment to social justice and the communities CRF serves.

The ideal candidate will bring a deep and broad knowledge of business strategy, operations, management and leadership. Experience in the CDFI industry is preferred but not required. Experience in technology, innovation, lending and risk is preferred but not required.

The ideal candidate will also bring other experience and qualifications, including:

  • Demonstrated strategic thinking and planning skills; ability to cultivate, work and effectively work at an organization with a long track record of partnerships.
  • Demonstrated leadership and the ability to lead, manage and cultivate diverse teams that create innovative products and services. A track record of inspiring, mentoring, developing, and retaining staff and high-caliber teams.
  • Significant experience serving or the exceptional potential to serve as an external spokesperson and industry leader at the national level.
  • Experience fundraising and equipped to identify new sources of revenue to support sustainable and scalable impact.
  • Experience as an advocate and/or spokesperson in areas of complex public policy. Effective interpersonal skills with the ability to be persuasive with a variety of constituents and collaboration partners.
  • Excellent listening and negotiation skills.
  • Orientation toward action, results and project management skills.
  • Proven leader in leading a culture committed to diversity, equity and inclusion.
  • The highest ethical and integrity standards.
  • Deep passion for the mission; ability to lead with vision.
  • Bachelor’s degree required

How to Apply

Please send your cover letter and resume or candidate recommendations to CRF@KornFerry.com. All inquiries will remain confidential.

Community Reinvestment Fund USA, Inc is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status or any other characteristic protected by law.

CRF USA, Inc. requires all employees to be vaccinated for COVID-19. As a condition of hire with CRF USA, Inc. candidates must be able to show proof of vaccination for COVID-19 prior to an extension of an offer of employment. Accommodations will be considered for disabilities or sincerely held religious beliefs. For the health and safety of our clients and employees, accommodations will not be considered for positions that require face to face interaction.

Candidates must reside in and be authorized to work in the United States without sponsorship.

CRF is headquartered in Minneapolis, Minnesota. For further information, please visit www.crfusa.com.

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