Reporting to and in partnership with the President, the Economic Equity Director will spearhead efforts to build wealth and assets in communities of color with greater racial equity in the banking sector. The successful candidate will work to advance programmatic issues related to housing, entrepreneurship, financial empowerment, and racial equity in the financial service sector. This position oversees three program managers, an academy fellow and two summer associates.
ABOUT THE GREENLINING INSTITUTE
Founded in 1993, The Greenlining Institute envisions a nation where communities of color thrive and race is never a barrier to economic opportunity. Because people of color will be the majority of our population by 2044, America will prosper only if communities of color prosper.
Greenlining advances economic opportunity and empowerment for people of color through advocacy, community and coalition building, research, and leadership development. Greenlining works to increase the health and wealth of people of color by targeting 5 major sectors of the economy: Financial Services, the Green Economy, Energy, Health, and Technology. We also train emerging leaders to advocate for equity and justice in their careers through our nationally recognized Leadership Academy programs. We remain connected to the grassroots via the Greenlining Coalition, 45+ minority- led organizations in California that work together and advocate for Greenlining policies.
Leadership on Strategic Issues
- Create, execute, and evaluate strategies to advance the team’s policy priorities through the team’s current and prospective programmatic efforts related to:
- Closing the homeownership gap/housing policy
- Strengthening and supporting minority entrepreneurship
- Promoting new models for financial empowerment
- Ensuring that current financial systems support wealth building for communities of color
- Leveraging Community Reinvestment Act policies
- Diversity, equity and inclusion within the banking industry
- Direct all of the organization’s Economic Equity fundraising activities, including identifying funding opportunities from foundations and corporations, and implement targeted strategies for each opportunity to secure funding
- Develop working relationships with financial regulators, including The Federal Reserve, the Consumer Finance Protection Bureau, the FDIC, the OCC, House Banking Committee members, Treasury, and others
- Ensure the ongoing communication and organizing with members of the Greenlining Coalition
- Foster strong collaborative relationships with allied organizations
- Provide mentorship and guidance to staff and Academy participants
- Develop, implement, and maintain positive relationships with the private sector (including banks, investment firms, and others) in order to hold the financial sector accountable to the needs of communities of color
Research and Advocacy
- Lead communications efforts with all forms of media to highlight the team’s work and policy priorities
- Direct research projects under the Economic Equity program related to small business, homeownership, and asset-building
- Serve as the organization’s lead spokesperson with relevant financial sector executives
DESIRED BACKGROUND AND PERSONAL ATTRIBUTES
- Desired background in financial services, financial asset building/community development and the Community Reinvestment Act
- Proven ability to interact with diverse stakeholder including but not limited to community based leaders, corporate executives, and government officials
- Demonstrates a commitment to equity, inclusion, and understanding intersectionality in our work and workplace
- Understanding of racial equity and advocacy issues and committed to championing causes that serve people of color; understanding of the racial impacts of gentrification, neighborhood displacement and historical impacts of redlining on communities of color
- Demonstrated understanding of how race, gender, disability, LGBTQ status, and involvement with the justice system intersect with poverty and inequality
- Proven experience coaching, managing and supervising a team
- An effective communicator who can inspire others through the spoken and written word
- Demonstrated excellence in organizational, managerial, data analysis and communication skills
- Strong meeting facilitation and presentation skills
- Demonstrated interpersonal skills including flexibility and the ability to listen, negotiate and collaborate
- Careful attention to detail, superior organizational skills, ability to work under pressure and meet deadlines and ability to handle multiple projects simultaneously and autonomously
- Creativity, patience and a sense of humor
- Authentic connection to the work and mission of The Greenlining Institute
COMPENSATION AND BENEFITS
Compensation for the Economic Equity Director includes a competitive base salary commensurate with experience and an excellent package of employee and health benefits including 401K and paid sabbatical leave after 5 years of full-time employment.
Greenlining is committed to building and maintaining a diverse staff and a welcoming workplace. We encourage women, immigrants, people of color and LGBTQ applicants to apply.
Interested candidates, please send your cover letter and resume to the email address provided.
FOR MORE INFORMATION
Across the country, racial justice has moved front and center in the national consciousness. From the ongoing election cycles to the gentrifying streets of Oakland and Los Angeles to growing rural poverty and growing racial wealth gap, these issues demand attention. Our communities demand fulfillment of the promises of economic justice and prosperity. A successful Economic Equity Director will have the chance to join us as we lift up the voices of our communities and explore innovations created by frontline communities that can make the dream of economic opportunity real for all.
Sadly, our financial system has long worked better for some more than others, with people of color too often getting the short end of the stick. The most extreme example is what was called “redlining.” Banks, insurance companies and other financial institutions literally drew red lines on the map to mark off low-income or minority neighborhoods where they would not lend or invest. Redlining is now illegal, but its effects linger. For every dollar of wealth a white family has, the median Asian family has about 81 cents, the median Latino family has seven cents and the median black family has less than six cents.
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