Company Name:

Washington Area Community Investment Fund

Location:

Washington, Washington DC

Approximate Salary:

Commensurate with Experience

Job Category:

Nonprofit

Position Type:

Full Time

Required Experience:

2 - 5 years

Required Education:

Bachelor's Degree

Posted

October 4, 2018

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Program Manager for Community Wealth Building Initiatives


TITLE: Program Manager for Community Wealth Building Initiatives

 

About the Washington Area Community Investment Fund (Wacif)

The Washington Area Community Investment Fund, Inc. (Wacif) is one of the Washington, D.C. metropolitan area's leading Community Development Financial Institution's (CDFI) focused on small business development. Wacif's mission is to increase equity and economic opportunity in underserved communities in the Washington DC area by investing knowledge, social, and financial capital in low-and moderate-income entrepreneurs. In the last seven years, Wacif has closed more than $9.2 million in loans and assisted over 2,000 entrepreneurs with coaching and technical assistance, sustaining more than 300 local jobs.

 

POSITION OVERVIEW

Under ect supervision of the Executive Director, the Program Manager for Community Wealth Building Initiatives will work on a new program area designed to catalyze small business preservation and launch new employee ownership initiatives, with a specific focus on minority business owners and businesses with majority minority workforces. The Program Manager will work with small business owners on succession planning, with a focus on the transfer of business ownership to employee owners (conversions), in addition to the development of worker-owned cooperatives and the adoption of employee-owner programs, known as employee stock ownership plans (ESOP). We seek a communicator who can explain employee‐ownership business s to a variety of audiences through a variety of means; a technical expert who can work closely with Wacif's small business advisors and loan officers on the adoption of best practices; and an organizer who can see opportunities and build relationships.

 

REPORTS TO: Wacif Executive ector

 

DUTIES & RESPONSIBILITIES

 

Legacy Business Preservation Support & Conversions Proof of Concept

·       Increase the pipeline for legacy business preservation through small business conversions with outreach to business owners and employees, normalizing employee ownership as a concept and opportunity.

·       Provide succession planning guidance and preparation to business owners exploring conversion. Provide technical assistance to businesses at all stages of the conversions process.

 

Worker-owned Cooperative Start-up and Development

·       Provide technical assistance and education for the development of, and conversion to, worker-owned cooperatives

·       Educate the public, community institutions and government agencies to foster and promote an understanding of worker-owned cooperatives.

·       Identify and disseminate information about successful practices and models for worker-owned cooperatives.

·       Provide training to build the capacity of local business service providers to become cooperative conversion guides.

 

Employee Ownership Ecosystem Building

·       Work with staff, local stakeholders, and national partner organizations to hold convenings to build a supportive ecosystem for employee ownership.

·       Work with staff, and national capital providers, on strategies and initiatives to finance employee owned ventures.

·       Bring a strategic and laborative approach to engaging local economic developers, policy makers, business associations, government agencies, and educational institutions.

·       Build relationships with minority business owners and majority minority workplaces, chambers of commerce, business associations.

·       Connect local work, partnerships, and employee ownership efforts to the national network of employee ownership professionals and resources.

·       Provide partners with tools and materials on employee ownership, policy, ecosystem analysis, lective impact.

·       Outreach and present to economic development officials, small business support centers, and other stakeholder groups as well as attend partners' events and conferences as relevant.

·       Refine and support local, regional, and national communications and messaging of the initiative and the stories of the completed proof of concept conversions.

·       Communicate lessons learned to the worker cooperative and economic development field as appropriate.

 

JOB KNOWLEDGE, QUALIFICATIONS & SKILLS REQUIRED

·       Bachelor's degree from an accredited institution required.

·       Background in economic development, community economic development, urban planning, municipal policy is strongly preferred.

·       At minimum, 3 years of experience in small business technical assistance.

·       Experience in program development and management.

·       Experience with fundraising, proposal development, and grant management.

·       Knowledge and understanding of the principles and practices of small business operations.

·       Prior work with minority-owned businesses, business owners and workers of or is required.

·       Experience providing technical assistance to businesses, advising on succession plan options to owners, and holding existing relationships with business service providers, preferred.

·       Interest in employee ownership, worker cooperatives and other democratic employee ownership structures is required; experience with these business models is strongly preferred. (You must be willing to become fluent in the basics of cooperative business functions (business planning and feasibility, equity and capital structures, governance and management functions, etc.) in order to communicate about them knowledgeably to a variety of audiences.)

·       Ability to develop basic business plans, marketing plans, financial strategies, and business loan applications.

·       Ability to develop and present educational programs and/or workshops.

·       Excellent oral, written, verbal and interpersonal communication skills with special attention to detailed editing of promotional materials, website and print pieces.

·       Excellent public speaking, organizational, and problem-solving skills and abilities.

·       Exceptional customer service.

·       Fluency with Microsoft Office suite.

·       Experience customer relationship management systems, WordPress, event registration platforms, and/or marketing automation systems is preferred.

·       Self‐starter, comfortable taking initiative, scoping projects, managing priorities and time.

·       Must be able and willing to travel for partner and funder conference, and other program related activities.

 

COMPENSATION

Competitive salary commensurate with experience. Medical, Dental, Vision, Life & Disability coverage available. Retirement plan (some employer contribution & matching); paid vacation (increased with tenure), holiday and sick leave days.

 

TO APPLY

Interested candidates should email (1) a resume/CV, (2) thoughtful cover letter that outlines how your skills and experience meet the qualifications of the position, and (3) salary requirements toopportunity@wacif.org with "Community Wealth Building" in the subject line.Application reviews will take place beginning October 12, 2018.We thank all those who apply, but only shortlisted candidates will be contacted. No calls please. Telephone inquiries will not be accepted.

 

Wacif is an equal opportunity employer and welcomes candidates from diverse backgrounds.


Company Name:

Washington Area Community Investment Fund

Location:

Washington, Washington DC

Approximate Salary:

Commensurate with Experience

Job Category:

Nonprofit

Position Type:

Full Time

Required Experience:

2 - 5 years

Required Education:

Bachelor's Degree

Posted

October 4, 2018

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