Economic Development Director for Small Business

6 days ago


Dorchester, United States Dorchester Bay Economic Development Corporation Full time

Dorchester Bay Economic Development Corporation (DBEDC) is a Community Development Financial Institution (CDFI) dedicated to empowering underinvested communities in Boston's North Dorchester and Roxbury neighborhoods. As our Director of Small Business, you will play a pivotal role in advancing our mission to foster economic justice and empower small businesses.

About the Role

This leadership position oversees the operations of our small business team, including loan fund management, program innovation, community outreach, marketing, and product development. You will collaborate with our CEO to develop strategies that expand capital access, enhance programming, and solidify DBEDC's role as a leading CDFI in Massachusetts.

The successful candidate must possess strong analytical, financial, and business development skills to excel in a lending-focused environment and effectively support small businesses. Your passion for economic justice and commitment to serving underserved markets will be essential in driving positive change in our communities.

Responsibilities
  • Lead department operations, including program design, data collection, compliance, outreach, and marketing.
  • Develop and manage the department's budget, ensuring fiscal responsibility and alignment with organizational goals.
  • Collaborate with the finance team to monitor operations and ensure sound systems management.
  • Utilize data analysis and CRM tools to inform decision-making, improve workflows, and increase program transparency and efficiency.
  • Represent DBEDC at engagement events and ecosystem gatherings to promote the organization's capital and technical assistance offerings.
Requirements
  • A Strategic Leader: With at least five years of managerial experience and a proven track record of leading high-performing teams to deliver measurable results.
  • Small Business Expertise: With at least three years of experience delivering technical assistance or capital to small businesses or microenterprises, ideally within a CDFI or financial institution focused on microlending or community development.
  • A Community Champion: Deeply committed to DBEDC's mission and principles of economic justice, with experience serving underserved markets, engaging community partners, and advancing racial equity through your work.
  • An Innovator: Excelling in program development and scaling, leveraging technology to streamline workflows and enhance program impact.
  • A Data-Driven Decision Maker: Skilled in data collection, analysis, and budget management, ensuring program sustainability through informed financial and operational planning.
  • A Relationship Builder: With exceptional communication and problem-solving skills, forging strong connections with stakeholders, partners, and team members.
Benefits
  • Choose from five generous medical insurance packages with no waiting period.
  • Employer-paid dental and vision coverage to keep you smiling.
  • Access to Flexible Spending Accounts and the Dependent Care Assistance Program for added flexibility.
  • Short-Term Disability, Long-Term Disability, Life Insurance, and Accidental Death coverage for peace of mind.
  • On-demand Employee Wellbeing Services to help you thrive.

Salary Range: $125,000 - 140,000 per year, based on qualifications and experience.



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