Hybrid/Remote within Oregon & Washington
Office locations available in Astoria and Portland, Oregon, and Seattle, Washington
Overview
Craft3 is one of the nation’s leading Community Development Financial Institutions, and the largest CDFI loan fund in the region. We center marginalized people in our work by investing capital in people, businesses, and communities across the Pacific Northwest. Craft3’s investments build household and business wealth, amplify community voice and agency, and create lasting networks of trust and mutual support. We work towards a future of shared prosperity across our region.
We are seeking our next Chief Executive Officer, a person who believes in delivering community-driven impacts and systemic changes in our region. We want a collaborative leader who is a strategic thinker, creates inclusive opportunity, and who is relentless in building a customer-focused organization that provides capital for those who need it most.
Craft3 is in a period of transition after years of significant growth. Our next CEO will know how to lead large organizations, manage through uncertainty, and be comfortable making and delegating decisions to strengthen the organization, its people, and systems to deliver maximum positive impact for the communities we serve.
In 2023, Craft3 originated 1,114 loans totaling $76 million. Our history of investing and impact has earned the confidence of over 150 financial partners, nationally and regionally, including mission-driven philanthropic and religious communities, banks, government agencies, and high net worth individuals and families.
Our more than 80 employees are passionate about our mission and accomplished in a variety of fields, including banking, community development, finance, accounting, natural resources, and city and regional planning. While they connect to our mission in different ways, all staff care deeply about using finance to expand opportunities and create a more inclusive world.
Mission and Values
Craft3 is a nonprofit community development organization that uses capital, relationships, and voice to build a thriving, just and empowered Pacific Northwest. We invest in people, businesses, and communities, and work towards a future of shared prosperity across our region.
We have three core strategies:
Programs to Build a Stronger Pacific Northwest
Craft3 focuses on three regional challenges: (1) Systemic Racism, (2) the Climate Crisis, and (3) Rural and Tribal Economies. These challenges threaten to hold our region back and hurt us all. We address these challenges by using our core strategies of Capital, Relationships, and Voice. Learn more in our 2023-2027 Strategic Plan. Learn More
As a community development financial institution (CDFI), Craft3 uses capital and financial tools to enable entrepreneurs to invest in their businesses and homeowners to invest in their homes with:
For additional information about Craft3, see the organization’s website: www.craft3.org.
The CEO Position Within the Organization
Craft3 is in a period of transition after years of significant growth. The new CEO will inherit a strong balance sheet and lead an organization with an operating budget of $17M and a staff of more than 80. The CEO will manage a senior leadership team, referred to as the Leadership Committee, currently consisting of eight direct reports representing major functional areas and business units of the company. Simultaneous to this search, Craft3 is also searching for a permanent Chief Financial Officer.
The CEO reports to the Board of Directors, which consists of 14 members with deep experience in CDFIs, community lending, and Craft3’s mission, core strategies and communities served. The Board is structured with six committees: Executive, Finance, Governance and Nominations, Credit, Strategy and Impact, and Audit and Enterprise Risk Management.
Priorities for the Position
After an initial period of learning about the organization’s business model and internal dynamics, and building relationships and trust with the staff, board and community, the new CEO will need to facilitate strong leadership team alignment and share responsibility for defining and executing the following key priorities in their first 18-24 months:
Essential Skills and Attributes
Craft3 is seeking a collaborative CDFI leader who knows how to lead large organizations, manage through uncertainty, and is comfortable making and delegating decisions to ensure forward progress. The new CEO should have experience strengthening and empowering organizations, people, and systems, and demonstrate commitment to leading on all aspects of diversity, equity, inclusion and belonging. The ideal CEO is a person who believes in delivering community-driven impacts and systemic change in our region, a strong, strategic thinker who creates inclusive opportunity, and who is relentless in building a customer-focused organization that provides capital for those who need it most. The ideal candidate will have the following skills and attributes:
Job Requirements
Compensation
$300,000 – $340,000 salary based on experience, plus potential of 10% performance bonus.
Additionally, Craft3 offers a comprehensive benefits package that provides generous time off, supports good health for you and your family, and helps you save for the future. Relocation assistance available if needed. Benefits include, but are not limited to:
Application Process
Craft3 has retained Glick Davis & Associates, LLC to facilitate this search on our behalf. To apply, interested candidates should e-mail their cover letter and resume as a single pdf file to: Craft3@glickdavis.com.
The position is open until filled.
Equal Opportunity Statement
Craft3 is an equal opportunity employer. Diverse staff and perspectives advance our mission and help our organization thrive and grow. We encourage candidates who identify as one or more of the following to apply: Black, Indigenous, and People of Color (BIPOC); women; LGBTQAI+; veterans; immigrants; working class; rural; and people with disabilities. We are committed to being an inclusive and anti-racist organization and recognize that this takes continued work.
Reasonable Accommodations
Reasonable accommodation may be provided to enable individuals with disabilities to perform essential functions.
Hybrid/Remote within Oregon & Washington
Office locations available in Astoria and Portland, Oregon, and Seattle, Washington
Overview
Craft3 is one of the nation’s leading Community Development Financial Institutions, and the largest CDFI loan fund in the region. We center marginalized people in our work by investing capital in people, businesses, and communities across the Pacific Northwest. Craft3’s investments build household and business wealth, amplify community voice and agency, and create lasting networks of trust and mutual support. We work towards a future of shared prosperity across our region.
We are seeking our next Chief Executive Officer, a person who believes in delivering community-driven impacts and systemic changes in our region. We want a collaborative leader who is a strategic thinker, creates inclusive opportunity, and who is relentless in building a customer-focused organization that provides capital for those who…