The U.S. Department of Treasury (Treasury) is looking for exceptional leaders with the ability to a serve as Director of the Community Development Financial Institutions Fund (CDFI Fund).

The incumbent has overall responsibility for implementing the CDFI Fund’s mission, which is to increase economic opportunity and promote community development investments for underserved populations and in distressed communities in the United States. This position manages a diverse and geographically dispersed team of more than 100 employees and reports to the Deputy Assistant Secretary for Community and Economic Development.

Among other duties, the Director of the CDFI Fund is responsible for:

• establishing the strategic direction for the CDFI Fund in alignment with Treasury policy priorities;
• developing and implementing plans to accomplish the CDFI Fund's mission and strategic goals;
• engaging the CDFI field and serving as the CDFI Fund’s primary public spokesperson;
• acquiring and managing human capital, securing budgetary resources, information technology, and physical resources needed to support operations; and
• implementing the President's Management Agenda and other administrative priorities.

Interesting in learning more about the position? Contact our dedicated consultant who can provide further information.

About the CDFI Fund

Established by the Riegle Community Development and Regulatory Improvement Act of 1994 (Pub. L. 103-325), the CDFI Fund has worked for more than a quarter of a century to generate economic opportunity where it is needed most. The CDFI Fund plays an important role in generating economic growth and opportunity in some of our nation's most distressed communities. By offering tailored resources and innovative programs that invest federal dollars alongside private sector capital, the CDFI Fund serves mission-driven financial institutions that take a market-based approach to supporting economically disadvantaged communities.

Through monetary awards and the allocation of tax credits, the CDFI Fund helps promote access to capital and local economic growth in urban and rural low-income communities across the nation. Its various programs enable community-responsive organizations to further goals such as: economic development (job creation, business development, and commercial real estate development); affordable housing (housing development and homeownership); and community development financial services (provision of basic banking services to underserved communities and financial literacy training).

Since its creation in 1994, the CDFI Fund has awarded more than $7.4 billion to CDFIs, community development organizations, and financial institutions through: the Bank Enterprise Award Program; the Capital Magnet Fund; the CDFI Equitable Recovery Program; the CDFI Rapid Response Program; the Community Development Financial Institutions Program, including the Healthy Food Financing Initiative; the Economic Mobility Corps; the Financial Education and Counseling Pilot Program; and the Native American CDFI Assistance Program. In addition, the CDFI Fund has allocated $71 billion in tax credit allocation authority to Community Development Entities through the New Markets Tax Credit Program, and guaranteed bonds for more than $2.1 billion through the CDFI Bond Guarantee Program.

To learn more about the CDFI Fund and its programs, please visit the CDFI Fund’s website at www.cdfifund.gov.

How to Apply

Complete application information is available on USAJOBS.gov. Visit the link below for further details on how to apply for this position.

• Director, CDFI Fund (Senior Executive Service)