Job Description

Chief Financial and Investment Officer, CED LOAN FUND

Join to apply for the Chief Financial and Investment Officer, CED LOAN FUND role at Community Economic Defense Project

Chief Financial and Investment Officer, CED LOAN FUND

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Join to apply for the Chief Financial and Investment Officer, CED LOAN FUND role at Community Economic Defense Project

About the Community Economic Defense Project (CEDP) and CED Loan Fund:

Our mission

We partner with low-income and working people to build economic and racial equity. We do this by confronting economic abuse and investing in community wealth. We use an ever-evolving set of legal, economic and advocacy tools to challenge and dismantle unjust systems, building quickly towards a world where all people have what they need to live and thrive.

Our Organization

The Community Economic Defense Project (CEDP) is a Colorado-based nonprofit. Launched in 2020 as the COVID-19 Eviction Defense Project, our organization was formed to keep our neighbors housed during the pandemic. Working with clients, we built a deeply integrative approach to eviction, foreclosure, and homelessness prevention that centers the legal and financial needs of housing-insecure families and uses a variety of tools to keep them housed.

Our team now serves more than 1,000 people per month, bringing together housing lawyers, economists, data analysts, policy-experts, organizers, and technologists to serve our clients. We have served more than 50,000 low-income Coloradans across 45 counties, distributing over $200 million in emergency assistance. We have also contributed to the passage of major legislation to prevent eviction, stop economic abuse, and make credit and life-saving medication cheaper. CEDP’s model has been cited as a best practice by White House,

HUD, the

Urban Institute, and in the media.

In 2025, we launched a new entity called CED Loan Fund. CED Loan Fund is dedicated to solving service-delivery challenges for governments and non-profits and increasing access to capital and other basic needs for everyday people. The Fund offers credit and technology products to increase access to social services and affordable housing. It also works alongside CEDP’s Ventures team to incubate and launch new non-profit social enterprises and technologies that challenge extractive entities like check cashers, moving and storage companies, for-profit government service providers, and potentially many others. The Fund will also have a presence at the policymaking table, helping to shape state and local policy around access to credit, housing, and basic needs.

More about the role

The Chief Financial and Investment Officer (CFIO) is responsible for building the Fund and leading, managing, and coordinating all financial and investment matters. We are looking for a seasoned CFIO and a builder. The CFIO will have an entrepreneurial role alongside functional oversight in the areas of finance, investments, and grants management for the Fund. The position will grow the organization’s seven figure loan fund to eight or nine figures and build the team and the infrastructure to accomplish that mission, working in conjunction with executive leadership to fundraise from public, private, and foundation sources. They will also provide critical financial perspective and strategy to strengthen CED Loan Fund’s financial position and steward the organization’s commitment to increase access to credit for social services and basic needs. Reporting to the Loan Fund CEO, they will also serve as a strategic thought partner to the executive leadership team and the investment committee of the Board of Directors.

Responsibilities

• Entrepreneurship and leadership: Build the fund’s long-term strategic investments in social services that advance the organization’s mission to build racial and economic equity. This role will do this by investing in efforts to address the needs of underserved communities, non-profits, and governments, including working capital, affordable housing investments, rapid payment systems, and better banking solutions.
• Product Development: Help the organization plan and launch a Community Development Financial Institution that proposes to offer working capital loans and other products to support social service providers and low-income and working people.
• Lead impact investment and fundraising: Serve as the primary advisor and thought partner to the President & CEO and Board of Directors in the guidance, development, and implementation of impact investment strategies, including supporting the Investments Committee. This includes the development and implementation of a comprehensive multi-year development strategy that includes growth of grants, donations, and loan capital.
• Capital Markets: Develop capital market solutions to expand the scale of financing activities, support the creation of new programs, products, and initiatives, and apply capital markets methods to create new financing facilities and relationships with banks, foundations, and other financial institutions interested in impact investment partnerships.
• External Relations: Represent the Fund to financial partners, including investors, foundation executives, auditors, public officials, etc. Negotiate investment agreements with institutional investors, centering the org’s capitalization needs, limiting compliance burden, and ensuring excellent investor relationship management.
• Capital Management: Optimize capital structure and funding strategies to support organizational growth and expansion plans and manage relationships with banks, investors, and other financial institutions to secure necessary funding and capital resources.
• People and System Development: Recruit and develop strong talent, structure teams for organizational efficiency, and set inspiring visions and guidance to challenge and grow the team.
• Financial Management & Operations: Oversee financial operations including treasury management, cash flow forecasting, and investment management and the continuous improvement of budgeting, finance, accounting, and related financial functions, including ensuring effective internal controls and mechanisms to detect and mitigate risk and protect the organization’s financial solvency.
• Data-driven strategic advisor: Act as a strategic advisor to the CED Loan Fund leadership team, bringing analytical rigor and subject-matter expertise to core organizational decisions.
• Regulatory Leadership: Maintain up-to-date knowledge of all critical IRS, CDFI, and nonprofit audit matters, GAAP rules, and state and federal regulations regarding nonprofit and CDFI-related matters.
• Compliance and Risk: Ensure regulatory and tax compliance, adherence to accounting standards, manage financial risks, and provide effective and responsive oversight of finances and audits.
• Cross-Functional Collaboration: Work closely with CEDP's executive team, including the Co-Founders, Chief Programs Officer, and Chief Financial Officer, to integrate the loan fund's activities with broader organizational goals.

Position Requirements

While no one candidate will embody the qualifications listed below, the ideal candidate will possess many of the following professional and personal abilities, attributes, and experiences:

• 10+ years professional experience in community banking, community lending, or finance, preferably in a CDFI.
• 3+ years as a CFO or similarly situated leader in a CDFI, loan fund, or community bank.
• Strong desire to innovate and grow a community loan fund into a permanent institution, including hiring the team and building systems.
• Experience building new programs or funds.
• Strong understanding of nonprofit accounting, grant management, cost allocation concepts, and other nonprofit accounting practices/standards.
• Ability to distill and simplify complex financial information to a wide variety of audiences.
• Experience raising loan capital in the financial services sector are a strong plus.
• Experience with grant and proposal writing are a strong plus.
• Knowledge of the issues involved in financing small business, residential and multi family housing, nonprofit community facility, and consumer loans.
• Significant experience in or knowledge of nonprofit accounting, including sophisticated fund and grant accounting, compliance, and reporting.
• Experience with external auditors, compliance management, and regulatory oversight. Knowledge/Previous training in federal audit standards and GAAP accounting is required.
• A Bachelor’s degree from an accredited four-year university or equivalent professional experience and a Certified Public Accountant (CPA) is a plus.

Why Us?

• We are a social enterprise with a sustainable business model focused on one of the most important issues in society – keeping people in their homes and maintaining access to affordable housing.
• Opportunity for local involvement while making a statewide and even a national impact.
• Our co-founders have collaborated for 5+ years and are committed to building a company where everyone loves to work.
• Unlimited growth potential within the organization.
• The opportunity to step into a new organization five years after its founding and play a substantial role in its growth.

Additional Details

• Candidates must reside in Colorado or be willing to move, ideally within the greater Denver Metro area. The position includes competitive pay, flexible time off, benefit]]>

Job Tags

Permanent employment, Full time, Local area, Flexible hours,

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