Company: CBA Fund (Credit Builders Alliance)
Location: Washington, DC
Background
CBA Fund is a certified CDFI Intermediary that provides loan capital, capacity building grants, and technical assistance to non profits, so they can offer safe and affordable small dollar consumer loans in their community.
Its parent company, Credit Builders Alliance, is an innovative national nonprofit network dedicated to building the capacity of a diverse and growing network of hundreds of nonprofits (CBA members) across the country that helps low- and moderate-income households build strong credit and other financial assets. CBA was created by and for our nonprofit members as a bridge to the modern credit reporting system to help millions of individuals with low credit scores or no credit participate in the mainstream financial system by building credit.
Summary
The Senior Development Manager serves as the primary fundraiser for CBA Fund, representing its values, credibility, and impact to funders and investors. This role focuses on building and strengthening relationships, engaging new funders, and sustaining long-term partnerships to secure the resources needed to advance the organization’s mission. Reporting to the Chief Operating Officer, the Senior Development Manager leads strategy development, funder cultivation, and revenue growth. Key responsibilities include creating and executing annual development plans while managing grant activities to ensure CBA Fund’s ongoing financial stability.
Responsibilities
- Lead the development and implementation of annualstrategiesto secure both loan capitaland operating support for CBA Fund.
- Build, cultivate, and steward relationships with a diverse group of funders and investors across public, private, and philanthropic sectors.
- Prepare compelling grant proposals, produce impact reports, and track progress toward goals.
- Negotiate and manage partnerships with banks, foundations, andgovernmentagenciesto ensure capitaland grant fundingalignswith lending priorities.
- Monitor capital markets and philanthropic trends toidentifynew funding opportunities andanticipateshifts that couldimpactcapitalization strategies.
- Reporting outcomesto the Executive Director and Board on long-term financial sustainability.
- Serve as a liaison between funders andCBA Fund staff, collaborating to align incoming resources with programmatic and lending needs.
- Other duties as required.
Requirements
- Bachelor’s degree required, advanced degree preferred.
- 5–7 years of relevant experience in fundraising, capital raising, or development strongly preferred, particularly within a nonprofit lender, CDFI, financial institution, or related sector.
- Demonstrated success in securing major gifts, grants, and/or impact investment capital.
- Strong knowledge of CDFI financing, public funding sources, and impact investing.
- Excellent relationship building, communication, and negotiation skills.
- Ability to develop and execute fundraising and capitalization strategies.
- Strong grant writing, reporting, and project management skills.
- Experience advising leadership and working cross-functionally.
- Commitment to community development and serving underserved communities.
- Established network of funders/investors strongly preferred.
**CBA is headquartered in Washington, DC. Given the relationship management and stakeholder engagement responsibilities of this position, preference will be given to candidates located in the Washington, DC metropolitan area.**
Compensation and Benefits
- Total Compensation Salary: $90,000 – $125,000
- CBA offers competitive health, dental, and vision benefits, short- and long-term disability, a Flexible Spending Account, 403(b) retirement savings plan with employer match, and generous paid time off and holiday policies.
Fundraising in washington at Unknown Company
This position is listed as full time and onsite.