Chief Development & Partnerships Officer

ImpactAlpha Inc.; Washington, Northern (District of Columbia, KY); Hybrid; USD 150,000 - 230,000; Full time

Benefits offered by this job

Healthcare

HSA/FSA

Dental

Vision

Life/AD&D

Short-term Disability

Long-term Disability

Matching 401(k)

Paid Holidays

PTO

Education Assistance

Job summary

Washington Area Community Investment Fund (WACIF) seeks a Chief Development Officer to lead development and fundraising and expand its funding base to advance community investment across the DC area.

The CDO will partner with the CEO and Board, drive strategic fundraising, manage external relationships, and oversee a high-performing development and finance team in a mission-driven organization.

Qualifications

• Advanced degree in Accounting, Finance, or related field (MBA, CPA, or CFA preferred).
• Minimum 15+ years of progressive experience in senior financial management roles within financial institutions, investment firms, or financial services (non-profit experience preferred).
• Strong communication skills with ability to effectively communicate with stakeholders at all levels, facilitate decision-making processes, and maintain transparency.
• Experience leading or supporting organizational change initiatives, including restructuring, process improvements, or system implementations.
• Proven ability to identify and address complex challenges using creative problem-solving skills and resourcefulness.
• Experience managing multiple projects or initiatives simultaneously with effective prioritization and resource allocation.
• Proven experience engaging with private and public sector debt investors through deal sourcing, due diligence, and investment closing.
• Experience with creative and catalytic capital structures or blended capital financing models, including credit risk guarantees, loan loss reserves, and long-term subordinated debt (EQ2s).
• Experience making credit risk decisions and serving on internal credit risk or investment committees.
• Experience leading a highly functioning finance team within growing organizations.
• Working knowledge of non-profit revenue recognition principles (ASU 2014-09 Topic 606 and ASU 2018-08).
• Compliance and risk-oriented mindset with strong analytical skills.
• Experience working in a CDFI, financial services, or investment management firm (a plus).
• High level of motivation, initiative, and attention to detail.
• Ability to work under pressure and handle stress effectively.

Responsibilities

• Lead development strategy initiatives and oversee strategic fundraising planning.
• Manage external relationships and spearhead comprehensive fundraising efforts.
• Develop and implement fundraising strategy and monitor performance against targets.
• Partner closely with the CEO and Board of Directors on development matters.
• Provide executive and team leadership within the development function.
• Identify and cultivate relationships with private and public sector debt investors.
• Source and evaluate investment deals through due diligence and closing processes.
• Oversee creative and catalytic capital structure development and blended capital financing models.
• Make credit risk decisions and serve on internal credit risk or investment committees.
• Lead and develop a high-functioning finance team within the growing organization.

Skills

Leadership

Financial management

Stakeholder engagement

Strategic fundraising

Credit risk assessment

Project prioritization

Non-profit knowledge

Attention to detail

Excel/Analytical skills

Education

MBA/CPA/CFA preferred

Tools

MS Office Suite

Job description

Washington Area Community Investment Fund (WACIF) seeks a Chief Development Officer to lead development and fundraising and expand its funding base to advance community investment across the DC area.

The CDO will partner with the CEO and Board, drive strategic fundraising, manage external relationships, and oversee a high-performing development and finance team in a mission-driven organization.