Chief Operating Officer

4 weeks ago


Santa Fe, United States New Mexico Climate Investment Center Full time

About the New Mexico Climate Investment Center

The New Mexico Climate Investment Center (NMCIC) is a new 501(c)3 mission-driven nonprofit financial institution that operates on the “Green Bank” model: it uses a small amount of public money to attract and significantly leverage private sector money for investments in projects that boost equity and reduce greenhouse gas emissions, typically where other sources of financing are not readily available. It prioritizes providing benefits to low-income and disadvantaged communities to help those communities and households adapt to climate change while reducing energy burdens. NMCIC will support some key climate goals of the State as well as those of local governments. While NMCIC is known as a “green bank,” it is not a deposit-taking bank but an investment fund with the opportunity to access some of the $27 billion in the Inflation Reduction Act’s Greenhouse Gas Reduction Fund (GGRF) targeting “green banks,” states, and local governments. “Green banks” are a proven model with over ten years of history nationally; they are a potent tool for energy equity and justice. With a cumulative investment in 2021 of $2.6 billion of public funds, “green banks” throughout the U.S. created over $10 billion in total investments in hard-to-finance projects, with a multiplier effect of 3.7 times public dollars.


Job Description

The Chief Operating Officer (COO) is a key member of the senior management team, responsible for overseeing the company’s day-to-day operations and ensuring that business objectives are met efficiently and effectively. The COO will work closely with the CEO to develop and implement the company's strategic goals and operational plans. The COO will have a background in business/finance and will support the growth and development of financial products for NMCIC.


Key Responsibilities

1. Operational Leadership:

  • Oversee the daily operations of the company across all departments.
  • Ensure efficient allocation of resources to achieve business objectives.
  • Monitor performance metrics and implement improvements to operational processes.


2. Strategic Planning:

  • Collaborate with the CEO and other senior executives to develop the company's strategic plan.
  • Translate strategic goals into operational plans and initiatives.
  • Ensure alignment of operational activities with the company’s strategic direction.
  • Develop strategic partnerships with NM lenders


3. Financial Management Support:

  • Collaborate on updates of long term financial strategy and business plan 
  • Support the development of lending products 
  • Develop and manage the operational budget.
  • Monitor financial performance and implement cost control measures.
  • Work with the CFO to ensure accurate financial reporting and adherence to financial policies.


4. Team Management:

  • Lead and mentor the operations team, fostering a culture of high performance and accountability.
  • Recruit and develop staff to meet the company’s operational needs.


5. Risk Management:

  • Develop and implement risk management strategies to mitigate operational risks.
  • Ensure compliance with regulatory requirements and internal policies.


6. Stakeholder Engagement:

  • Represent the company in relevant events and forums.
  • Communicate effectively with the Board of Directors, providing regular updates on
  • operational performance.


Qualifications

  • Degree in Business Administration, Management, or a related field (MBA preferred); or equivalent experience
  • Outstanding operational management skills.
  • Proven experience as a COO/CFO or in a similar senior operational role.
  • Proven experience in financial strategy, planning, and analysis.
  • Strong leadership and organizational skills.
  • Excellent strategic planning and business development abilities.
  • Strong analytical and problem-solving capabilities.
  • Excellent communication and interpersonal skills.
  • Ability to work effectively in a dynamic start-up environment.


Salary: Commensurate with experience.


Application Process:  Interested candidates should submit their resume and cover letter to rachel@coalitionscnm.org and beth@bethbeloff.com under subject line “Executive Administrative Assistant”.




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