Founded in 1998, Pacific Community Ventures (PCV) is a San Francisco-based nonprofit Community Development Financial Institution (CDFI) and nationally known thought leader in impact investing. PCV creates economic opportunity in lowincome communities by contributing thought leadership and consulting in the area of impact investing, effectively opening up pools of capital for investing in disadvantaged communities. At the same time, PCV is grounded in practice by providing working capital and management advice to entrepreneurs and small business owners. In just the past two years, PCV has provided capital and/or expertise to over 300 companies, creating over 600 new jobs and providing over $100 million in wages to residents of low-income communities. At the same time, PCV’s thought leadership work in impact investing has been welcomed in Sacramento, the White House and even internationally, at the G8 Summit. Through this work, PCV has had an outsized impact on public policy and investor education to drive more capital and resources to our neediest communities.
PCV has two core programs—PCV InSight and Business Lending and Advising:
• PCV InSight is the organization’s in-house consulting and research practice, which focuses on impact investing. InSight creates systemic, longer-term change by focusing on impact investing policy, best practice, and evaluation.
• PCV’s Business Advising and Lending program provides a combination of intellectual and financial capital to entrepreneurs building small businesses, creating much-needed jobs and providing other social benefits in s-income communities. PCV has recently scaled its Business Advising platform, going online to www.businessadvising.org. PCV was founded as an impact investor using equity as its vehicle; in 2013, the organization made a strategic decision to focus on a lending approach. By the end of 2015, PCV’s is on track to have outstanding loans of $2 million, and is committed to accelerating the growth of the loan fund.
PCV’s budget is approximately $3 million, with a Board of Directors of 10 and a talented, committed full-time staff of 18. PCV is truly “capitalism at its best.”
Learn more about Pacific Community Ventures at http://www.pacificcommunityventures.org!
Pacific Community Ventures seeks a visionary leader who is entrepreneurial in spirit and will shape an organization that is poised for growth and increased impact. PCV’s new President will take PCV to even greater heights by leveraging a background of executive leadership and management experience, well-honed business creation and fund development skills, experience/knowledge in impact investing and/or in building scalable, sustainable businesses, and above all, a commitment to driving economic development for low-income communities. The President will lead PCV’s strategy development through identifying growth opportunities and expanding partnerships and other resources to capitalize on them. The President has overall strategic and operational responsibility for PCV’s staff, programs, growth and the successful execution of its mission.
Reporting to the Board of Directors, the new President will collaborate with the Board, staff, business clients, advisors, and community stakeholders to deepen the organization’s brand as a premier thought leader and resource for investors, policymakers and small business entrepreneurs alike. Serving as PCV’s primary spokesperson and ambassador, the President will inspire confidence both externally and internally while demonstrating superior management and communication skills across a wide range of audiences. The President will supervise a management team with skilled leaders for each of the lines of business – Business Advising and Lending, PCV InSight – and the Chief Financial Officer.
Specifically, the President will be responsible for the following:
Leadership and Management
• Spearheading the growth of PCV to dovetail a collective vision with a strong, rigorous business model
• Actively engaging and energizing PCV nonprofit volunteers, board members, committees, alumni, partnering organizations, and funders
• Developing, maintaining, and supporting an active, engaged, strategic board of directors; seeking board involvement with strategies, programmatic growth, fundraising, and tactical implementation if appropriate
• Leading, coaching, developing, and retaining a high performing senior management team; empowering, energizing, and developing overall staff capacity
• Ensuring programmatic excellence and rigorous evaluation as well as consistent quality of finance and administration, fundraising, communications, and systems; managing timelines and resources needed to achieve strategic goals
• Ensuring that operational systems evaluate program components, measure success, and effectively communicate the outcomes to the board, funders, and stakeholders
Strategy and Planning
• Increasing program cohesion under a collective vision and enhancing PCV’s impact through the interconnectedness of PCV’s program offerings; further developing PCV’s ‘ecosystem’ approach to creating social impact
• Leading and overseeing overall strategic planning as well as tactical and budget planning with an eye toward transparency and accountability
• Identifying additional revenue streams to enhance strategic flexibility, while extending PCV’s footprint consistent with its mission
• Encouraging program development to be mission-aligned while also responding to the changing needs of target communities and the evolving nature of the market
Fundraising and Communications
• Expanding revenue generating and fundraising activities (fee-for-service and philanthropic) to support program operations and organizational growth; expanding networks of senior-level contacts across CDFI, philanthropic and institutional/corporate supporters
• Leveraging PCV’s institutional knowledge in impact investing to lead and support business development efforts and garner new opportunities; developing relationships with key political and community leaders, funders, thought leaders and influencers, and other stakeholders
• Building PCV's funder network and brand equity by articulating PCV's impact to broad target audiences on social media, at events, and at public speaking engagements
Profile of the Successful Candidate
PCV’s next President will be passionate about PCV’s nonprofit mission to leverage business and investment for positive social change. The successful candidate will possess proven leadership, relationship management and staff development experience. The ideal candidate will have sharp business acumen as well as consulting or public policy experience. PCV values an informed and well-respected leader who is familiar with the points of intersection of economic and policy development, advocacy, and how deploying capital can lift communities and change lives.
More specifically, PCV seeks a professional who embodies the following:
• Advanced degree in business and/or public policy with at least 10 years of senior management experience and overall experience in both the nonprofit and private sectors
• Ability to develop and operationalize strategies that enable an organization to reach the next stage of growth, reflecting the willingness to iterate a strategy and approach, recognizing the need to course-correct as necessary
• Effective ambassadorial skills to raise the visibility of PCV
• Effective fundraising skills and a strong track record in building sustainable organizations and/or companies
• The ability to marshal internal resources to capitalize on opportunities that emerge from relationship/partnership development
• Commitment to provide quality programmatic offerings, continuous learning and improvement, data-driven evaluation, and change based on measurable outcomes
• Excellence in organizational management with the ability to coach and manage individuals, develop high-performance teams, foster a dynamic and evolving workplace, achieve strategic objectives, and manage a budget
• Past success developing and working with a board of directors with the ability to cultivate relationships as well as recruit/engage potential new board members, advisors, and diverse stakeholder groups
• Strong marketing, public relations, and fundraising experience with the ability to listen well and engage a wide range of stakeholders and cultures
• Strong written and verbal communication skills; a persuasive and passionate communicator with excellent interpersonal and multidisciplinary project skills
• Action-oriented, entrepreneurial, adaptable, and innovative approach to business planning; able to manage competing priorities
• Professional history demonstrating stability and success with progressively increasing levels of responsibility
• Outstanding professional and personal ethics
• Passion, idealism, integrity, well-reasoned risk-taker, and self-directed
We seek to have the successful candidate in place by late summer 2015.
This position offers competitive compensation and excellent benefits.
All applications are held in strict confidence. Please submit your credentials and a letter of interest via email to The 360 Group at: PCVPresident@the360group.us
Applications should be directed to the attention of Vincent Robinson, Managing Partner or Melissa Ulum, Of Counsel. No calls, please. To be considered, The 360 Group must receive applications no later than 5:00pm Pacific time on Thursday, June 4, 2015.
At The 360 Group, we know that a richly diverse mix of professionals makes organizations more effective. As such, we make demographic and experiential diversity a hallmark of all our work, including search engagements.