Assistant Director of Small Business

Job ID: 19137

Location: Boston Massachusetts

Assistant Director of Small Business

 

Are you passionate about community development and small business growth? Do you thrive in a dynamic, mission-driven environment? If so, we have an exciting opportunity for you to join our dynamic team!

 

Dorchester Bay Economic Development Corporation (DBEDC) is a Community Development Corporation (CDC) and a certified Community Development Financial Institution (CDFI). Founded in 1979, we work to build a strong, thriving, and diverse community in Boston’s North Dorchester and Roxbury neighborhoods. We develop, preserve, and sustain affordable rental and ownership housing. We lend capital to and coach small businesses and prepare job seekers for well-paying, sustainable employment. We stabilize tenancies and foster community leadership. We’re focused on equitable development without displacement and providing opportunities for economic mobility.

 

We are one of Boston’s oldest and most established community development organizations, with an annual operating budget of approximately $11 million and a staff of 36.

 

Best-in-Class Benefits and Perks:

We value our employees’ time and efforts. We offer non-negotiable compensation of $95,000 – $110,000 annually, depending on experience, and an extensive benefits package, which enhances their commitment to your success. Our client’s benefits package includes: 

  • Comprehensive benefits package with no waiting period, including 5 medical packages and employer-paid dental and vision insurance
  • Robust retirement planning: 403(b) plan available with generous employer contribution
  • Flexible financial options: Dependent care assistance program and flexible spending account offered
  • Financial security: Short-Term Disability, Long-Term Disability, Life and Accident Death insurance for added protection
  • Generous time-off policies: 3 personal days, 4 weeks vacation, 15 sick days, 17 paid holidays, and birthday leave
  • Opportunities to give back: 5 volunteer days
  • Well-being and work-life balance: Commuter benefits program, employee wellbeing on-demand services, flexible hybrid work program

 

Plus, they work to maintain the best possible environment for their employees, where people can learn and grow with the company. They strive to provide a collaborative environment where everyone feels encouraged to contribute to their processes, decisions, planning, and culture.

 

Your Role:

As the Assistant Director of Small Business, you will support the Director in administering the agency’s loan fund. You will also play a key role in supporting the small business compliance function, the innovation of DBEDC technical assistance and loan products, outreach and marketing, new product development, and the growth of DBEDC’s loan fund.

 

To succeed, you should have:

  • At least two years in small business technical assistance or lending, with a demonstrated commitment to racial equity.
  • Proficiency in collecting, analyzing, and reporting program data; strong verbal and written communication skills.
  • Ability to manage multiple projects simultaneously, meet deadlines under pressure, and navigate change and ambiguity.
  • Exceptional interpersonal skills with the ability to work independently and as part of a team, exhibiting multicultural understanding.
  • Excellent computer skills (Microsoft Office and/or Google Suite) and the ability to learn new technologies.

 

It would also be phenomenal if you have, but it’s not required:

  • Knowledge of the small business ecosystem, SBA and/or CDFI experience, and lending compliance experience.
  • Verbal and written fluency in Spanish, Cape Verdean Kriolu, Haitian Creole, or Vietnamese.
  • Experience with the Lift Fund online lending platform, Northridge Loan Servicing platform, and tracking/reporting outcomes.

 

What you can expect to do as the Assistant Director of Small Business:

  • Compliance & Regulation: Ensure compliance with regulations, policies, and procedures; handle reporting to the SBA, CDFI Fund, Mass Growth Capital, and other entities.
  • Loan Fund Efficiency: Assess and improve loan fund processes for maximum efficiency and effectiveness; make recommendations to the Director of Small Business.
  • Loan Management: Conduct credit analysis, underwriting, loan closings, and loan servicing; support pre- and post-loan technical assistance.
  • Business Development: Support program marketing, build the loan pipeline, close loans, and grow the portfolio.
  • Team Support & Supervision: Mentor and train Lending and Outreach Officers; supervise case evaluation and project-based work.

 

Your journey for change starts here! 

Don’t miss the chance to be part of a dynamic team where your skills are valued and your career can flourish. Apply now, and let’s build a better community together! Please apply online.

 

DBEDC views diversity, inclusion, and cultural competence as vital guiding principles in all our work with communities. We welcome and encourage applications from black, Indigenous, persons of color, members of the LGBTQ+ community, persons with disabilities, persons from unconventional career paths, and others who may contribute to the diversity of the organization and reflect the diversity of the communities we serve.

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