NDN Fund Managing Director
Rolling basis until position is filled
Reporting to NDN Fund Board of Directors and in partnership with the President & CEO, the NDN Fund Managing Director is responsible for the leadership, management, and growth of NDN Fund, an emerging Indigenous Community Development Financial Institution (CDFI). NDN Fund provides loans and grants for Indigenous infrastructure development projects in the areas of:
- Renewable Energy focusing on community owned and controlled renewable energy and a transition away from fossil fuels;
- Community Development & Housing focusing on affordable housing and community facilities;
- Infrastructure, focusing on roads, water, sewer, ecological wastewater, transmission lines, etc.; and
- Social Enterprise, focusing on innovative business ideas that offer clear social benefits with potential to deliver services at scale.
Who We Are
NDN Collective is an ambitious, systemic effort to empower Indigenous communities. We are creating a paradigm change in how society invests in Indigenous Peoples by dramatically scaling up investment and shifting decision-making power to Indigenous Peoples. We are doing four key things to create a new ecosystem that supports Indigenous self-determination:
- We are dramatically increasing philanthropic investment into Indigenous-led organizations, with the goal of giving out $50M per year in grants by 2020.
- We are creating an Indigenous-led Community Development Financial Institution to move $100M of for-profit investment into projects led by and serving Indigenous communities.
- We are building capacity in Indigenous communities to be able to absorb this new influx of capital.
- We are advocating for Indigenous rights and policy changes that will enable our peoples and communities to thrive.
What Sets Us Apart
- We represent the people we serve—we are Indigenous-led and support Indigenous people and organizations.
- We think in systems and recognize the interconnectedness of all living things.
- We are changemakers that have and model a mindset of abundance.
We believe in the power of Indigenous self-determination to create a just, equitable world for all people and the planet.
- We integrate culture and ceremony into our work.
- We acknowledge and pay respects to our elders and past while taking ownership and control of our future
Primary Duties and Responsibilities
- Identify the need for loans and grants for Indigenous infrastructure development projects and determine which projects are ready for this investment.
- Manage the delivery of capacity building services in Indigenous communities to be able to absorb this new influx of capital.
- Provide leadership in all aspects of the CDFI, including loan and project origination, processing and approval, servicing, product development, strategic partnerships, balance sheet management, CDFI capitalization, and compliance.
- Lead NDN Fund’s capitalization strategy through collaboration with the President & CEO, and NDN Collective’s Advancement Team to attract both equity and lending capital from private and public sources to meet the growth and self-sustainability targets for NDN Fund. Directly cultivate and maintain relationships with donors and investors providing both operational and lending/equity funding.
- Apply for CDFI grants as well as grants from other government agencies, banks, or foundations that fund CDFIs and economic development initiatives.
- Build and manage the NDN Fund Team, including working with and managing consultants.
- Manage loan portfolio quality and performance with periodic reporting NDN Fund Board of Directors and NDN Collective’s President & CEO.
- Manage relationship with NDN Fund’s Loan Committee through regular reporting on the CDFI and relevant strategy discussions
- Create and implement an impact evaluation strategy for the CDFI that aligns with NDN Collective’s overall impact evaluation approach.
- Represent NDN Fund at trainings, events and conferences as needed.
This position is salaried, commensurate with experience, and ranges from $75,000 – $154,000. This broad range reflects NDN Collective’s goal of attracting a diverse set of candidates for the position. Benefits include medical, dental and vision insurance as well as 401(k) retirement plan, a wellness program, personal leave and professional development.
Who You Are
Education and Experience
- B.A., B.S. or Master’s Degree in Business Administration or Public Administration or related field.
- Five or more years of lending experience, preferably within a nonprofit lender, credit union, or other CDFI.
- Demonstrated ability to work effectively with Indigenous Peoples and communities.
- Commitment to continuous improvement and ability to learn from successes and failures.
- Ability to thrive in a fast-paced environment and be flexible when necessary
Demonstrated understanding of program development and program effectiveness.
- Strong project management and attention to deadlines.
Knowledge and Skills
- Exceptionally strong communications skills with the ability to create high-quality materials and deliver compelling messages and presentations.
- Proficient with Microsoft Office Suite (MSWord, Excel, PowerPoint) and experience with one or more loan management software, such as Down Home or Vista Share Outcome Tracker.
- ACTIVATOR: You are a self-reliant person and are strong at making things happen by turning thoughts into action. You have a proven track record of successfully building or sustaining a nonprofit fundraising operation.
- LEARNER: You have strong learning agility and are able to rapidly understand and analyze new situations. You learn from your successes and failures and improve processes to drive our fundraising.
- COMMUNICATOR: You are an exceptionally strong communicator who can create high-quality materials and deliver compelling messages and presentations. You have experience using this strength in securing funds for nonprofits.
- ENTREPRENEURIAL SPIRIT: You are ambitious and creative and enjoy the process of building something from the ground up. You are excited by the opportunity to come in and have a heavy hand in shaping our development operations.
- SOCIALLY&EMOTIONALLY INTELLIGENT: You are able to work efficiently and respectfully with others. You understand how individuals, groups, and societies work and you build rapport through being trustworthy and empathetic.
- DETAIL ORIENTED: You strive for perfection and are able to move from the high level of a project to its smallest details.
- FLEXIBLE:You thrive in a fast-paced environment and are flexible when it is necessary. You are willing to travel when needed.
How To Apply
Send an email to firstname.lastname@example.org with the subject line “NDN Fund Managing Director – [YOUR NAME].” In the email, please include:
- As a single PDF attachment, include:
- Your resume
- 1-page cover letter explaining your interest in the organization and position
- Short answers to the following three questions:
- What is your philosophy about large-scale lending in Indigenous Communities?
- What would you be most nervous about going into this role if you were offered and accepted the position?
- What is the best advice you’ve ever received?
- In the body of the email, please copy and paste the content of your short answers and include your name, phone number, and email address.
As attention to detail is critical for success in this role, only applicants who follow these specific application guidelines will be considered.
NDN Collective is committed to equal opportunity for all persons without regard tosex, age, race, color, religion, creed, national origin, marital status, disability, or sexual orientation, and any other class of individuals protected from discrimination. It is NDN Collective’s policy to comply with all federal, state, tribal and local laws and regulations regarding equal opportunity. In keeping with that policy, NDN Collective is committed to maintaining a work environment that is free of unlawful discrimination and harassment and will not tolerate unlawful discrimination against or harassment of any of our employees or others present at our facilities by anyone, including any NDN Collective supervisor, co-worker, vendor or client.