Chief Executive Officer, Accompany Capital
hace 22 horas
Jersey City
CHIEF EXECUTIVE OFFICER MISSION Accompany Capital creates a pathway to prosperity for New York-area underserved entrepreneurs, supporting them as they launch and grow their businesses with access to affordable credit, financial education, and training in technology and best business practices. HOW WE ADVANCE OUR MISSION – OUR WORK Accompany Capital believes in the energy, productivity, and impact contributed by entrepreneurs who have come to New York to launch new lives and new businesses. For more than 30 years, Accompany Capital has provided strategic financial and capacity-building services developed with a focus on the needs of new Americans. The organization understands the challenges involved in starting a business, establishing credit, and navigating through rules and regulations, while learning to adapt to a new culture and country. Accompany Capital works individually with each client, in their own language whenever possible, providing them with not only the capital they need, but also the caring support and guidance that has become synonymous with who they are. ABOUT ACCOMPANY CAPITAL Established in 1997 as the Business Center for New Americans (BCNA), the organization rebranded as Accompany Capital in 2020. The name Accompany Capital reflects their promise to their clients: providing capital for starting and growing small businesses and being with them every step of the way on their financial and entrepreneurial journey. Today, Accompany Capital is a Community Development Financial Institution (CDFI), holding a three-star Impact Management Rating and an A+ Financial Strength and Performance Rating from Aeris, an independent rating and information service that evaluates the financial strength, performance, and impact management of CDFIs. The organization has a budget of more than $5.7 million, capital under management of approximately $30 million, and a staff of over 20. As of September 2026, Accompany Capital has made over 5,606 loans totaling more than $84 million. More than 1,700 refugees have participated in its programs, investing more than $24 million from savings, matching funds and loans for education, home ownership, and small businesses. Additionally, Accompany Capital offers comprehensive workshops in financial literacy, business management, marketing, and digital skills, equipping entrepreneurs with the knowledge and tools needed to build and grow successful businesses. CEO DUTIES AND RESPONSIBILITIES As a leading New York City-based Community Development Financial Institution (CDFI), Accompany Capital seeks a strategic, mission-driven CEO with strong financial and lending expertise, sound judgment, and exceptional relationship-building capabilities. Reporting to the Board of Directors, the CEO will have overall responsibility for the organization’s strategy, financial sustainability, lending portfolio performance, operational effectiveness, and organizational culture. Working closely with an experienced leadership team, the CEO will oversee prudent credit risk management, cultivate and expand relationships with funders and capital providers, and advance Accompany Capital’s mission and impact. The incoming CEO will build on the strong foundation established under its long-serving retiring CEO while positioning the organization for its next chapter. Strategy and Business Development · Assure that the organization has a strategic plan which achieves its mission and makes consistent and timely progress. · Cultivate a strong and transparent relationship with the Board of Directors and ensure open communication about the measurement of financial, programmatic, and impact performance against stated milestones and goals. · In partnership with the Board, help build a diverse and inclusive Board of Directors that is representative of the communities that Accompany Capital serves, and is highly engaged and willing to leverage and secure resources. · Provide leadership in developing program, organizational, and financial plans with the Board of Directors and staff and carry out plans and policies authorized by the Board. · Ensure programmatic excellence, rigorous program evaluation, and consistent quality of finance and administration. · Maintain a working knowledge of significant developments and trends in the field and be a dynamic external presence and thought leader for the CDFI sector. · Build strategic partnerships in new markets, establish relationships with funders and key stakeholders, and actively identify and develop new business opportunities. · Create a culture that encourages the adoption and implementation of new technologies, which enhances business performance and maximizes impact. · Lead the development and execution of strategies that balance mission impact, portfolio growth, financial sustainability, and prudent risk management. · Identify opportunities for responsible growth, including new lending products, partnerships, markets, and technology-enabled services, consistent with the organization’s mission, financial capacity, and Board-approved strategic priorities. Resource Development and Communications · Develop an annual development and communications plan. · Oversee revenue-generating and fundraising activities to support immediate and long-term organizational sustainability while simultaneously building an operating reserve. · Define and refine all aspects of communications – from web to external relationships with the goal of strengthening and clarifying the Accompany Capital brand. · Effectively communicate organizational impact. · Establish sound working relationships and cooperative arrangements with members, community groups, and organizations. · Represent the programs and point of view of the organization to agencies, organizations, and the public. · Participate in events, make presentations, and participate in organizations to increase the visibility and promote the mission of Accompany Capital. · Develop and maintain strong relationships with banks, foundations, government agencies, institutional funders, and other capital providers to secure and diversify the financial resources required to support Accompany Capital’s lending activities and operations. · Lead efforts to attract and negotiate lending capital, credit facilities, grants, and other funding arrangements, with appropriate attention to funding costs, terms, diversification, and long-term sustainability. Employee Relations/Human Resources · Oversee the effective onboarding, employment, and release of all personnel, both paid staff and volunteers. · Ensure that job descriptions are developed, that regular performance evaluations are held, and that sound human resource practices are in place. · Maintain a climate which attracts, keeps, and motivates a qualified and diverse staff. Work to create and promote a positive and inclusive work environment that supports strategy and impact. · Review staffing and organization chart as needed and ensure that an effective management team, with appropriate provision for succession, is in place. Finance and Operations · Oversee the financial integrity of the organization, including developing long-term and short-range financial plans, monitoring the budget, and ensuring financial controls are in place. · Ensure effective administration of Accompany Capital’s operations, including policies and procedures for all functions and for day-to-day operations. · Work with the appropriate staff and the Finance Committee to prepare a budget with adequate funds to permit the organization to deliver high-quality services. See that the organization operates within budget guidelines. · Maintain official records and documents, and ensure compliance with federal, state, and local regulations. · Jointly, with the Board Chair and Secretary of the Board of Directors, conduct official correspondence of the organization, and jointly, with designated officers, execute legal documents. · Serve as Plan Administrator for the 403(b) and health benefit plans. · Provide executive oversight of the lending portfolio, including credit policies, underwriting standards, portfolio quality, delinquencies, problem loans, loan losses, and overall credit risk, working closely with the Chief Lending Officer, and reporting regularly to the Board. · Oversee the organization’s financial strategy, including liquidity management, capital adequacy, operating reserves, earned revenue, funding costs, and the financial sustainability of its lending and program activities. · Ensure appropriate financial and operational controls, risk management systems, and timely reporting to support sound decision making and responsible organizational growth. · Oversee compliance with applicable CDFI certification and reporting requirements, lending agreements, grant obligations, regulatory requirements, and independent audit processes. Qualifications · Bachelor’s degree required. Master’s degree in a related discipline is a plus (e.g., MBA, MPA, public policy, finance, economics). Relevant professional certifications or executive leadership training are a plus. · 10-15 years of progressively responsible experience, with substantial experience in senior executive or comparable leadership roles. Demonstrated success leading an organization with responsibility for strategy, operations, financial management, and talent development. · Strong background in lending, fundraising, and implementing strategic plans that drive organizational growth, operational excellence, and measurable impact. · Transparent, high integrity, and collaborative leadership. · Genuine understanding of and passion for the vision, mission, and values of Accompany Capital. COMPENSATION The estimated salary for this position is $210,000 to $250,000, with a competitive benefits package.