Chief Financial Officer/Chief Investments Officer
National Federation of Community Development Credit Unions
New York, NY
The National Federation of Community Development Credit Unions (the Federation) is seeking an experienced, energetic Chief Financial Officer/Chief Investments Officer (CFO-CIO) to build the organization’s financial infrastructure and to manage and grow the Federation’s $50 million portfolio. The new CFO-CIO will help guide the organization through its next stage of growth and service. Based in New York City, and founded in 1974, the Federation currently has 250 member CDCUs with combined assets of over $17.4 billion, serving more than 2.5 million members. The Federation has a current staff of 16 FTEs and an annual operating budget of approximately $3.5 million With more than $50M under management, the Federation seeks to grow dramatically in the coming years.
The CFO-CIO reports to the Chief Executive Officer and will provide strategic leadership for fiscal/internal financial management as well as investment management. He/she will drive strategy, manage financial performance, ensure ongoing operational efficiency, and forecast and plan for growth and business opportunities. He/she will work closely with the CEO to dramatically expand the scope and impact of the Federation’s investments while simultaneously managing appropriate risk and reporting regularly to investors on the financial and social bottom-line of the Federation. This newly created position combines leadership of the fiscal/accounting team and the community development investments/mortgage center team.
Ideal candidates for this position will share the organization’s commitment to assisting its member credit unions to better serve their own memberships, helping low- and moderate-income people become financially stable and build assets – leading to long-term success – and helping to raise communities out of poverty. Candidates must be strategic, possess deep financial analytic skills, and bring strong leadership and management skills. Successful candidates will possess 10+ years’ experience in financial leadership within a credit union, banking or CDFI environment; deep experience with financial management of growth oriented businesses and portfolios; a successful record of fund and investment development, including marketing experience; the ability to think strategically and critically; strong organizational and personnel management skills, among others. See the full position profile at www.transitionguides.com/federationcfo .
To apply, please submit your resume, cover letter and salary requirements to: firstname.lastname@example.org. For more information, visit the organization’s website at www.cdcu.coop or contact Karen Schuler at TransitionGuides: KSchuler@TransitionGuides.com or 301-439-6635.
The Federation works with member credit unions that serve ethnically, economically, and geographically diverse markets and communities. We value our diverse staff and seek to maintain that tradition of diversity.