Executive Director

Atlanta Wealth Building Initiative

Posted: 7/6/2019

Position Type: Full-Time (Paid)

Function: CEO/ED/President

Primary domain: Other

City: Atlanta

Postal code: 30313

State: Georgia

Country: United States

Organization Information:

Budget:

$1M - $3M

Website:

www.atlantawealthbuilding.org

Mission statement:

Atlanta Wealth Building Initiative (AWBI) is an intermediary that seeks to achieve shared prosperity by closing the racial wealth gap. At AWBI we are actively reimagining economic realities to produce an opportunity-rich future for all.   

Position Details:

Job Description:

The Executive Director will be tasked to make AWBI’s objectives a reality, overseeing all operational, financial and partnership management aspects of the organization. Although much work has been done to date, the Executive Director’s first responsibility will be to build on current success and ensure implementation of the organization’s strategic plan as AWBI moves from concept to execution. 

More particularly, the Executive Director will possess experience, knowledge and competencies in the following areas:

Leadership Skills and Acumen -  The Executive Director will be a seasoned or mid-career professional with experience leading organizations, large departments/units  and projects of significance. She/he will not only build and lead staff, but she/he will be expected to model the commitment to impact and team-based collaboration that has informed the work thus far. 

Board Governance -  The Executive Director will serve as the principal professional resource to the AWBI board of directors and committees. Participate in board of directors meetings and assist the board in setting strategic direction for AWBI, formulating policy, and developing annual work plans to achieve organizational goals. She/he will work with the board of directors to oversee and evaluate programs, projects and work plan initiatives.

Fundraising/Resource Development - The Executive Director will serve as the primary fundraiser, working closely with the board to attract and increase investments in community wealth building strategies. She/he will leverage strategic partnerships to pool coordinated capital to invest in communities of color. The ED is responsible for fundraising and developing other resources necessary to support AWBI’s mission. 

Community Wealth Building, Racial Equity and Economic Inclusion - The Executive Director will have a clear understanding and ability to serve as subject matter expert and thought leader in the areas of community wealth building, racial equity and economic inclusion. The Executive Director will lead exploratory efforts to execute programming and partnerships around community wealth building strategies including enterprise development, anchor procurement, financing, land use and workforce strategies. Additionally, she/he must champion awareness of issues pertaining to economic development, community wealth building and racial equity.

Portfolio/Fund Development/Management and Fiscal Stewardship - Development of a capital acquisition and deployment strategy (and team) will be an early priority, including identifying opportunities for additional philanthropic support, investments, lending and grant-making. Currently the Community Foundation for Greater Atlanta (CFGA) provides administrative and fiscal oversight for AWBI including personnel and grants management. The Executive Director is tasked with working with the Board to assess AWBI’s long- and short-term needs in connection with fiscal and management support and the most appropriate legal and operational structure to achieve its goals.  The Executive Director will manage AWBI’s relationship with CFGA and will be responsible for fiscal management, developing AWBI’s annual budget, in consultation with the Board, ensuring optimum resource utilization and sound financial stewardship.

Strategic Vision/Implementation - AWBI’s board, in concert with its stakeholders, has approved a bold strategic plan with definitive goals and strategies, consistent with the founding vision, current success and robust ambitions. The Executive Director will guide and direct the execution of AWBI’s strategic plan and assess the respective implementation strategy and tactics associated with the plan’s strategic direction. She/he must make sure  AWBI’s strategy implementation align with its mission, vision and core values and remains relevant. The Executive Director will not only be responsible for planning and directing achievement of AWBI’s strategic and long-range goals but also ensuring continuous assessment of AWBI’s activities to evaluate operational effectiveness, identify strengths and weaknesses and make recommendations based on emerging trends, expansion opportunities, and internal process improvement. 

Partnership/Relationship Management, Communication & Community Engagement -  As the organization’s primary spokesperson, the Executive Director must cultivate effective working relationships with a diverse set of stakeholders, including business and the nonprofit, philanthropic, civic and faith-based sectors. She/he will represent AWBI as a thought leader in the community wealth building field, facilitating field building and learning journey opportunities for board members and other national, regional and local entities with long-term vested interests in economic development and community wealth building. Collaboration and relationship-building will be absolutely central to success. Building on conversations already underway with high-value discussion partners, the Executive Director must quickly manage, initiate and leverage a variety of relationships.

Qualifications:

The ideal candidate to lead AWBI will be an effective, thoughtful executive with the proven ability to drive a founding vision from start-up to demonstrable impact and possess a perennial commitment to racial equity and inclusive economic parity. The best candidates will be bold, strategic thinkers who combine the attitude of a servant leader with the heft of demonstrated leadership success in environments requiring effective collaboration between and among a variety of stakeholders. 

Among the assets of most interest to the search committee include the following: 

  • Demonstrated understanding and leadership to serve as subject matter expert and thought leader in the areas of community wealth building, economic inclusion, racial equity 

  • Experience leading teams and projects of significance from implementation to successful completion; a healthy affinity for both vision and execution

  • Demonstrated success in fund development and securing large scale funding from foundations, philanthropists and investors to support enterprise and catalytic economic development projects

  • Possesses skills to effectively communicate AWBI’s purpose, goals, initiatives and successes to a variety of audiences and to catalyze collective action

  • A value based, solutions-driven management approach with a long-term focus on addressing systemic racial and economic inequity despite entrenched obstacles

  • A leadership style that connects high-level executive and administrative skills 

  • Capable of managing an active and supportive board of directors

  • Managerial success grounded in best practices and the most current research coupled with the ability to be innovative and credibly disruptive

  • The heft to connect credibly with national, local and regional philanthropic, civic and for-profit leaders and to simultaneously garner the respect of community leaders, entrepreneurs and business leaders

  • Demonstrated record of effective multi-stakeholder management and thriving in environments that offer diversity of thought 

  • An exceptional reputation among peers for influence, critical thinking and problem-solving

  • Ability to be self-directed; entrepreneurial experience a plus 

  • Strong financial acumen and high degree of comfort with accounting and analytic tools 

  • Strong project management skills


AWBI has few preconceptions about the precise career path of greatest appeal, but it will be very interested in a prospect’s own journey to success—and how that journey might inform the Executive Director’s leadership style and effectiveness in the role. 

Benefits:

Competitive salary and benefits package will be offered. Salary will be commensurate with market, operating budget and candidate's experience level.

Salary:

Commensurate with Experience

Posting Expiration Date:

7/31/2019

How to Apply:

Please view the full leadership profile at https://atlantawealthbuilding.org/join-our-team/ 

For potential consideration, please submit a resume and cover letter to [email protected] by July 31, 2019.

To suggest a prospect, please email [email protected]For questions, please contact our search consultant, John Holly, at [email protected] or 404-840-2074.


 

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