Director of National Lending

Posted on: May 13, 2021

Position Status:

Full Time


Minneapolis, Minnesota

Reports To:


Anticipated Start Date:

Open until filled

Salary and Benefits:

Starting salary is $125,000 with benefits that include medical, dental, life, and disability insurance; holidays, paid time off; and professional development. First Children’s Finance honors candidates’ time and effort in job-seeking by providing transparency regarding compensation. Creating transparency regarding salary information reduces the gender pay gap, and eliminates salary negotiation, which rarely benefits people of color or women. It is a value of our organization to support equitable hiring practices.

Position Description

Director of National Lending


The Opportunity

The mission of First Children’s Finance (FCF) is to grow the supply and business sustainability of excellent child care. Founded in 1991, FCF provides business and financial assistance to business owners and leaders in the field of Early Care and Education (ECE). To achieve our goals, FCF works on three levels: Individual Business Level, Community Level and Systems Level. In addition, FCF works at the intersection of child care and economic development and promotes private sector engagement and investment in the business of child care. FCF is a national nonprofit organization headquartered in Minneapolis that provides business development programs and/or financing to ECE providers in multiple states, with regional offices in three: Minnesota, Iowa and Michigan.

The Position

The Director of National Lending’s role is a strategic one – he/she/they will lead the First Children’s Finance lending team in dramatically growing First Children’s Finance’s access-to-capital program across the breadth of geographic markets First Children’s Finance serves. The Director will build on the organization’s historical success in providing access to capital for child care entrepreneurs. Reporting to the CEO, the Director will provide leadership to the design and implementation of new and existing financial products and services intended specifically for small child care businesses.  The Director will align access to capital programs with First Children’s Finance’s business development programs, targeting those child care businesses in under-served and under-banked communities.

The Director accomplishes her/his/their purpose through the following responsibilities:

  • Promote FCF’s national presence as a child care lending expert
  • Create, market, and implement new initiatives that impact under-served communities
  • Innovate new products and expand markets to grow lending deployment
  • Lead the capitalization effort for the lending program and participate in enterprise level funding efforts
  • Develop and maintain effective relationships with government agencies, banks, economic development organizations, CDFI’s and other external partners to continuously support and invest in FCF
  • Work with other FCF staff on local, state and national policies and systems that increase loan program activity
  • Serve as key member of FCF Leadership Team
  • Supervise loan program staff

Required Experience:

  • Minimum of 5 years executive management, preferably in a nonprofit or CDFI organization
  • Proven track record of development and implementation of fundraising strategies, including experience with cultivating relationships with private, corporate, public funders, and government
  • Demonstrated ability to plan and manage new program development
  • Demonstrated ability to work effectively with diverse populations in a variety of settings

Preferred Experience:

  • Experience in the CDFI or related industry including – underwriting, financial analysis, funding of low-income communities, and community development activities
  • Experience with real estate development and/or community economic development
  • Experience in the early care and education industry
  • Experience starting or managing programs across multiple states
  • Experience with SBA Community Advantage and Microloan programs

Ability to:

  • Represent First Children’s Finance positively at all times, and position First Children’s Finance as a transformative thought leader in the CDFI market space
  • Work collaboratively with clients, systems partners, staff, and stakeholders
  • Communicate effectively
  • Read, interpret, and analyze financial information
  • Work with minimal supervision while also being a collaborative and active participant on a larger a team
Personal Attributes
  • This position requires a leader who is:
  • A strategic thinker, detailed planner, and an effective implementer
  • Creative, innovative, flexible, and entrepreneurial
  • Energetic, enthusiastic and embraces a positive attitude
  • Self-motivated
  • Collaborative
  • Skilled in building innovative products and institutional infrastructure
  • A systems thinker who is able to maintain a big-picture focus while attending to detail

A bachelor’s degree (or higher) in business, organization development, planning, communications, finance, or a related field is required.

To Apply

Email your application materials (to include resume and cover letter) to and cc: