Chief Operating Officer leads the planning and development of an organization's operational objectives and initiatives. Develops strategies and oversees the execution of plans to attain short- and long-term financial and mission-critical operational goals. Being a Chief Operating Officer directs the development of the organization's functional capacity that will produce sustainable growth and minimize risk. Develops operating budgets. Additionally, Chief Operating Officer establishes effective operational policies and procedures. Typically requires a master's degree. Typically reports to Chief Executive Officer (CEO). Responsible for the development of functional or business unit strategy for the entire organization. Defines corporate vision and strategy establishes company direction and focus. Executes multiple high impact initiatives to achieve overall corporate goals. (Copyright 2024 Salary.com)
Opportunity Resource Fund seeks an experienced, dynamic, creative, and empathetic individual to fill this new leadership role on our team. The Chief Operating Officer serves as a key executive team member and strategic business partner to support OppFund's overall vision and is a key member of the team responsible for successful operations.
About Opportunity Resource Fund - https://oppfund.org/
Mission & Vision: Opportunity Resource Fund is a non-profit organization dedicated to providing loans and technical support to create equitable, economic, and sustainable opportunities throughout Michigan - one person, one job, one home at a time. We envision homes providing shelter for generations of families; successful small businesses creating jobs; and vibrant community facilities.
Core Values:
Integrity-Ethics-Justice - we treat everyone fairly, respectfully, and honestly and have the courage to do what is right.
Diversity - we respect, support and value all people, ideas, and backgrounds.
Innovative Excellence - we do things differently without fear while striving for exceptional results to exceed expectations.
Community Commitment - we are engaged as a team working to benefit Michigan's communities.
Position Summary: The Chief Operating Officer (COO) supports Opportunity Resource Fund's mission by serving as the Program Team leader, responsible for overseeing all aspects of the organization's lending and technical support operations, growth, and impact. The COO fulfills this pivotal role by being a dynamic, strategic thinker with strong leadership skills and a passion for driving social change. Responsible for the overall planning, organization, and direction of OppFund's lending and technical support operations, and Justice Fund Initiative programs, the COO draws the lending teams together in a collaborative fashion to ensure talents and opportunities are fully realized.
Compensation & Benefits: $100,000 - $140,000 Full-time, Salary, Exempt
Company-paid training, health insurance (including vision and dental), and 403(b) account. Work/life balance with paid time off and generous paid holiday schedule.
Education: Master's Degree in Business Administration, Management, Finance, Public Administration, Communications, Marketing, Economics, Political Science, or a related field is preferred.
Experience: Oversight of the implementation, evaluation, daily functions, and expansion of impactful small business, real estate development, and single-family lending programs. Working knowledge of federal lending regulations (SBA and/or mortgage lending). Demonstrated ability to lead, inspire, and develop high-performing teams. Minimum of seven (7) years of relevant experience in non-profit leadership, with a track record of successfully managing organizations of comparable scale and complexity.
Other Requirements: Demonstrated leadership in the management of complex and dynamic organizations as well as broad exposure to fiscal management. Experience in developing and successfully implementing strategic organizational plans. Demonstrates ability to build and foster relationships. Knowledge of the communities OppFund serves and a commitment to diversity, equity, inclusion, and belonging. Demonstrates a high level of follow through, is detail oriented, thorough, inquisitive, confident, organized, and results driven. Technologically savvy with advanced computer skills, including proficiency in all Microsoft Office applications (Word, Excel, SharePoint, PPT, Teams), database programs, Internet, and various cloud-based systems. Must have valid driver license and reliable transportation to travel to locations throughout the region. See full job description for additional position information.
Primary Work Location: Hybrid/Remote with onsite attendance in all OppFund offices as needed.
Equal Employment Opportunity & ADA Compliance: Opportunity Resource Fund provides equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, ancestry, national origin, gender, sexual orientation, marital status, religion, age, disability, gender identity, gender expression, genetic information, service in the military, arrest record (and all other protected classes in the State of Michigan or as provided by Federal Law). Equal employment opportunity applies to all terms and conditions of employment, including hiring, placement, promotion, termination, layoff, recall, transfer, leave of absence, compensation, and training. To ensure equal employment opportunities to qualified individuals with a disability, Opportunity Resource Fund will make reasonable accommodations for the known disability of an otherwise qualified individual, unless undue hardship on the operation of the business would result.