TITLE: Climate Finance Program Manager
STATUS: Full Time/Exempt/Manager
REPORTS TO: Director of Impact
COMPANY DESCRIPTION:
Clearinghouse CDFI is a for-profit, community development financial institution with a mission to provide economic opportunities and improve the quality of life for lower-income individuals and communities through innovative and affordable financing that is unavailable in the conventional market. We are dedicated to building healthy communities, creating financial strength, providing innovative solutions, and funding dreams for tomorrow. As a Certified B Corp, we meet the highest standards of social and environmental performance, transparency, and accountability and use the power of business to solve social and environmental problems.
PRIMARY PURPOSE
The Climate Finance Program Manager is responsible for collaborating and coordinating with executive team members and departmental directors to design, implement, and oversee financial product strategies and lending initiatives that aim to address climate change mitigation and adaptation. This position involves a combination of financial expertise, environmental awareness, and strategic planning. This role involves aligning financial activities with environmental goals, assessing the environmental impact of lending decisions, and promoting sustainable lending practices. This position oversees the development, implementation, and management of the climate lending program and involves coordinating efforts across various departments to achieve environmental, social, and economic sustainability goals.
ESSENTIAL DUTIES AND RESPONSIBILITIES
The following duties and responsibilities will be performed in collaboration and coordination with executive team member(s) and departmental directors across multiple departments:
- Strategy Development: Formulate strategies to secure funds and investments for supporting climate-friendly projects and initiatives. This involves conducting market analyses, identifying potential funding sources, assessing risks and opportunities, and establishing investment priorities.
- Project Type Identification and Evaluation: Identify and assess potential project types and initiatives aimed at mitigating or adapting to climate change. These may include renewable energy projects, sustainable infrastructure development, or climate resilience programs.
- Project Management: Ensure project compliance with regulatory agencies and partners by establishing goals, timelines, and budgets.
- Product Development: Design and tailor lending products to facilitate environmentally sustainable projects and businesses. This could involve creating specialized offerings such as green construction loans, leverage loans/source loans in New Markets Tax Credit programs, energy efficiency financing, renewable energy project financing, or sustainable agriculture loans.
- Risk Assessment: Evaluate environmental risks associated with lending activities, including exposure to climate-related risks, regulatory compliance, and environmental impact assessments. Collaborate with various departments to mitigate these risks through thorough due diligence processes and risk management strategies.
- Regulatory Compliance: Ensure adherence to pertinent regulations and standards concerning climate finance, environmental sustainability, and financial reporting.
- Monitoring and Evaluation: Establish mechanisms for monitoring and evaluating the performance and impact of climate finance projects and programs. This includes assessing environmental outcomes, financial returns, and social benefits.
- Capacity Building: Provide training and support to stakeholders involved in climate finance, including staff and project developers.
- Stakeholder Engagement: Engage with diverse stakeholders, such as government agencies, financial institutions, private investors, and non-profit organizations, to advance climate finance initiatives and foster partnerships.
- Advocacy and Outreach: Advocate for policies and practices that promote climate finance and raise awareness about the importance of investing in climate-friendly initiatives.
The above-mentioned essential duties and responsibilities have been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this position.
SUPERVISORY RESPONSIBILITIESThis position has no direct supervisory responsibilities; however, this role is expected to work in collaboration and coordination with several department directors and other staff members from various departments.
QUALIFICATIONSThe requirements listed below represent the knowledge, skills, and/or abilities required for this position.
EDUCATION AND/OR EXPERIENCE:
A bachelor's degree in environmental studies, real estate, sustainability, finance, economics, business administration, or a related field is required.
- 5+ years of relevant experience in environmental finance or sustainable finance.
- Experience working on climate change-related initiatives, such as carbon reduction projects, renewable energy development, or climate adaptation strategies.
- Experience in managing programs, projects, or initiatives, including budgeting, stakeholder engagement, and performance monitoring.
- Knowledge of U.S. Environmental Protection Agency’s Greenhouse Gas Reduction Fund, including National Clean Investment Fund and Clean Communities Investment Accelerator
- Knowledge of CDFI industry, New Markets Tax Credit, Low-Income Housing Tax Credit, and tax credit programs related to environmental initiatives.
KNOWLEDGE, SKILLS & ABILITIES:
Excellent communication and interpersonal skills to effectively engage cross departmentally, build partnerships, and advocate for climate finance initiatives.
- Strong project management skills, including the ability to plan, organize, and prioritize tasks to oversee complex finance programs and initiatives.
- A solid understanding of environmental issues, climate science, and sustainability principles and ability to integrate environmental considerations into financial decision-making processes.
- Proficiency in financial analysis, including financial modeling, risk assessment, and valuation techniques to evaluate investment opportunities and structuring financial instruments.
CERTIFICATIONS, LICENSES, REGISTRATIONS: None Required
Job Type: Full-time
Pay: $90,000.00 - $130,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Experience level:
Schedule:
Application Question(s):
- Please explain your experience in of U.S. Environmental Protection Agency’s Greenhouse Gas Reduction Fund, including National Clean Investment Fund and Clean Communities Investment Accelerator
Experience:
- environmental finance or sustainable finance: 5 years (Required)
- CDFI Industry: 5 years (Required)
- U.S. Environmental Protection Agency: 5 years (Required)
Work Location: Remote