• Executive Director - Community Development

    Posted Date 3 months ago(4/17/2018 2:26 PM)
    1 Sealaska Plaza
    Job ID
  • Overview

    The Executive Director is responsible for executing and directing Spruce Root’s operations and carrying out the mission of the organization. The Executive Director is fully responsible for financial (P&L) oversight of the organization, maintaining a strong and growing balance sheet, and capitalization of the CDFI to meet strategic growth goals. The position reports to the Board of Directors and is responsible for carrying out the initiatives and policies of the organization.


    Organizational History:

    Spruce Root helps entrepreneurs overcome barriers to financial services and develop local capacity within our Southeast Alaskan communities. Headquartered in Juneau, Alaska Spruce Root was founded by Haa Aaní, LLC, a subsidiary of Sealaska Corporation, in 2012 under the name Haa Aaní Community Development Fund, Inc. with the goal of improving entrepreneurial capacity and access to capital for entrepreneurs in Southeast Alaska. As an emerging Community Development Financial Institution (CDFI), we spent our infancy learning about CDFI best practices, building community relationships, raising capital to lend. In early 2017 we underwent a name change and re-branded as Spruce Root, Inc. This signified our own transformation from an emerging CDFI to an established organization with the governance, staffing, and resources necessary to operate as an autonomous entity. By 2018 we had 13 loans originated/in our portfolio and $3.5 million in lending capital.


    • Provide general operational oversight of the CDFI operations. Works with the Spruce Root team to develop and implement a comprehensive regional and statewide economic development strategy to be Alaska's leading entity promoting community-based economic development initiatives.
    • Represent Spruce Root’s interests with regional, statewide and national stakeholders to advance and support the mission of the CDFI.
    • Develop and implement long-term, sustainable growth strategies to position organization to be self-sustaining and meet organizational growth goals.
    • Negotiate and approve all contractual agreements binding the CDFI.
    • Full organizational budgeting, planning and P&L oversight and responsibility.
    • Ensures all CDFI activities employ best practices and meets industry benchmarks.
    • Proactively engage with federal, state and philanthropic stakeholders to overcome any obstacles for achieving mission in the region.
    • Responsible for ensuring company visibility in all aspects of the community, establishing and maintaining relationships with other organizations in the community to maximize economic development services.
    • Ensure program managers meet financial and performance metrics.
    • Report quarterly to the Board and develop policies to ensure organizational impact and growth in the region.
    • Execution of the 5 Year Strategic Plan
    • Lead external relationship building and marketing efforts to build consulting and lending pipeline.


    • Bachelors or higher degree in business, finance, public administration, economic development, or a related field within the private sector.
    • Minimum of seven years of experience in an economic/community development capacity and for-profit and non-profit experience impacting communities.
    • Ability to effectively develop and lead a diverse and dynamic team located across the Southeast Alaska region.
    • Managerial skills – leading, planning, organizing, controlling and administering.
    • Knowledgeable of state and federal government, with an ability to read, interpret, understand and affect policies and legislation.
    • Ability to work cooperatively and collaboratively with all levels of employees, management, external agencies and philanthropic/impact investment partners to maximize performance, creativity, problem-solving, and results.
    • Strong personal passion for Spruce Root’s mission
    • Worked for a CDFI or related entity.

    Knowledge, Skills, and Abilities:

    • Strong acumen with budgeting and planning process
    • Proficient in developing and executing organizational policies
    • Working knowledge of financial statements and GAAP standards
    • Strong communication skills (written and oral) and ability to speak in a public setting
    • Strong ability to build and grow productive team members in remote settings
    • Experience working in community development and achieving results
    • Strong attention to detail and organization
    • Background in rural economic development activities

    Additional Requirements:

    Position is subject to satisfactory completion of a background check, and reference check. A valid driver’s license is also required for this position.


    Physical Demands and Work Environment:

    The physical and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    • Physical demands: While performing the duties of this job, the employee is required to walk, use hands to finger, handle objects, tools, or controls; reach with hands and arms; balance; stoop; bending or crouching; talk or hear. The employee must be able to lift/carry and/or move up to 30 pounds safely. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
    • Work Environment: While performing the duties of this job, the employee is exposed to weather conditions and other elements prevalent at the time. The noise level in the work environment is usually minimal. This job requires regular travel in commercial planes, AMHS ferries, float planes, and twin-engine planes.


    This description is not intended to be, nor should it be construed as an all-inclusive list of responsibilities, skills or working conditions associated with the position. It is intended to accurately reflect the activities and requirements of the position, but duties may be added, deleted, or modified as necessary. This description does not constitute a written or implied contract of employment.


    To apply: Please submit a resume and cover letter by email describing your qualifications and interest in the position at Spruce Root to:

    Email: grow@spruceroot.org

    Subject line: Attention: Hiring Committee



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