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Now Hiring: Executive Director

Now Hiring: CIGP Executive Director

The Community Investment Guarantee Pool is seeking an Executive Director to build on its dynamic team of dedicated impact professionals.

We're seeking an Executive Director (ED) for the Community Investment Guarantee Pool (CIGP). This is a unique opportunity to lead and shape an innovative approach to investing philanthropic capital in community development. The Executive Director will work closely with the LOCUS President and CIGP Guarantors to shape and execute on the vision for the Pool and lead the team driving the day-to-day operations.

Serving both as the Executive Director of CIGP and a member of the leadership team at LOCUS, the ideal candidate will be a strategic, entrepreneurial leader who is energized about the unique possibilities that CIGP presents.  With a growth mindset and a creative approach, the ED will be a visionary leader who can collaborate with internal and external stakeholders, design and execute a sustainable business model, promote the program nationally and grow the program’s size and impact in the coming years.  The ideal candidate will have deep experience in the capital markets, structured finance, and risk management across a portfolio of complex transactions.  Familiarity with transaction structures in the community development finance sector and relationships with investors is important.

CIGP is a new, emergent approach backed by a group of influential philanthropic investors.  As such, the ED role is an exciting opportunity to make a significant difference in how capital flows in community development and to accelerate social impact in communities most in need.  Stakeholder management, problem-solving, project management, and people development skills as well as demonstrated success raising capital and grant support are essential as is the ability to be nimble and thrive in a fast-paced, largely as-of-yet undefined environment. Candidates bringing passion for the work, strong transactional experience and exceptional relational and communication skills will be a strong fit.

Click here for the complete posting, responsibilities, and application.



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Read the full article here: https://www.barrons.com/articles/future-returns-using-foundation-guarantees-to-unlock-capital-01591728993

THE COMMUNITY INVESTMENT GUARANTEE POOL (CIGP) — student group gathered around table

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Read the full article here: https://www.confluencephilanthropy.org/Loan-Guarantees


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Read the full article here: https://www.fsg.org/blog/foundations-use-your-balance-sheet-help


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Read the full article here: https://nextcity.org/daily/entry/the-hidden-power-of-guarantees-in-community-development-finance

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Read the full article here:https://kresge.org/content/mission-money-markets-needed-piece-community-development-infrastructure-guarantee-bank

THE COMMUNITY INVESTMENT GUARANTEE POOL (CIGP) — hand holding palmful of change

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Read the full article here: https://kresge.org/content/mission-money-markets-making-cents-guarantees-view-cio