Director of Compliance
Inclusiv is the largest network of community development financial institutions (CDFI) with a mission to promote financial inclusion in low-income communities across the country. Through our network of more than 500 community-based lenders, Inclusiv reaches more than 20 million consumers with limited incomes and residing in historically redlined communities.
Inclusiv has been selected to receive and manage the deployment of capacity building grants through the Environmental Protection Agency (EPA) Clean Communities Investment Accelerator (CCIA), a program of the EPA’s Greenhouse Gas Reduction Fund (GGRF). Inclusiv intends to deliver capital to credit unions that lend in low-income and disadvantaged communities (as defined by Justice40) to reduce carbon emissions, build healthier communities, create jobs in a greening economy and improve the financial security of consumers, households and small business.
To support this ambitious undertaking, Inclusiv seeks a Director of Compliance to build a compliance program to support the design of a fair and transparent grant-making process fully compliant with all federal laws, rules and funding requirements, oversee the procurement of contracts and the selection of vendors, design training and monitoring systems to ensure all grantees and vendors are aware of and following program rules and requirements, establishing a system to audit for discrepancies and deliver solutions in challenge areas. This position will support Inclusiv’s compliance with CCIA program requirements and any and all future federal funding or contracting roles.
The ideal candidate will have a thorough understanding of federal grant management (including procurement laws and practices) in the nonprofit sector, strong detail and communication skills, and ability to think strategically. An advanced degree is a plus, and management experience is a must. This role will report to the General Counsel.
Core Responsibilities:
Grant Compliance
• Develop and manage compliance and risk management strategies that align with organizational goals and federal requirements.
• Ensure compliance with all federal procurement laws, regulations, and guidelines.
• Prepare and/or review information and reports for internal and external stakeholders.
• Develop and modify policies/procedures/systems in accordance with government regulations and organizational needs and objectives
• Assist in preparations for external monitoring visits, reviews, and audits, and cross-site evaluations and participate as appropriate
• Establish and maintain electronic and hard copy files for each grant-funded project to be used for tracking and reporting purposes
• Conduct routine compliance reviews of Grant programs.
Procurement
• Oversee purchasing policy and ensure that purchases conform to applicable Federal law and guidance
• Work internally to provide sound advice and recommendations regarding procurement actions.
• Conduct research, evaluate and present options for selection of contractors/subrecipients.
Monitor Subawards
• Design subaward compliance training and monitoring programs and oversee a team to provide regular guidance and support to ensure success with the management of the CCIA program and other federal grant opportunities.
• Ensure subrecipient monitoring procedures are compliant with federal and other applicable regulations and are consistent with sound business practices.
• Monitor subrecipient compliance with federal regulations and the requirements of their subrecipient agreements through site visits, audits, and other mechanisms applicable to subrecipient monitoring. Recommend actions necessary to resolve issues/concerns.
• Provide guidance in interpreting and executing applicable regulations and subrecipient award terms and conditions.
Management
• Assure nonprofit governance requirements of Bylaws, as well as all other applicable policies, practices, and procedures.
• Manage a team that will implement applicable procurement standards and compliance.
• Provide training and support to staff on federal compliance practices and regulations, where necessary.
• Other duties as assigned
Skills and Experience:
• Commitment to Inclusiv’s mission to help low- and moderate-income people and communities achieve financial independence.
• 3-5 years of relevant experience managing compliance with federal grants and organizational procedures, and designing and implementing processes for said compliance.
• Strong understanding of federal grant compliance laws and regulations.
• Excellent communication and problem-solving skills.
• Strong attention to detail and processes.
• Ability to work independently with initiative and ownership.
• Outstanding communication skills: listening, speaking and writing.
• Strong facilitation and negotiating skills.
• Ability to bring together and build relationships with and among external parties with transparency and regular communication seeking engagement and buy-in of parties.
• Excellent judgment and initiative in finding effective solutions with a practical, results-oriented approach.
• Management background and expertise in leading teams.
• Ability to work productively and contribute across diverse, multi-disciplinary team structure.
• Spanish is a plus.
• Experience managing federal grants, with experience managing EPA grants a plus.
• Experience in the nonprofit, community finance and\or credit union sector is a plus.
Location: The Director of Compliance will be reporting to the General Counsel and working closely with other Senior Management Team members, who are located in New York City. The Director will be helping manage federally administered grants and working closely with regulators and federal agency partners in Washington, D.C.
The ideal candidate, therefore, should live in either the Washington, D.C. or New York City areas and be able to work on-site in the New York City office at least a few times per month and/or be able to travel periodically to meet with stakeholders in Washington, D.C.
Salary: The salary range for this position starts at $120,000 annually. We will consider a higher salary for candidates with more experience.
To Apply: Please send a cover letter, resume and salary requirements to hrcd@inclusiv.org. Resumes will be reviewed on a rolling basis until the position is filled.
About Inclusiv
Inclusiv is an equal opportunity employer that works with member credit unions which serve ethnically, economically, and geographically diverse markets and communities. We value our diverse staff and membership and seek to maintain that tradition of diversity in all of our recruitment efforts. It is the policy of Inclusiv to provide equal opportunity in all aspects of employment to all employees or applicants for employment without discrimination on the basis of regard to sex, race, color, religion, age, ancestry, national origin, disability, marital status, sexual orientation, gender identity, veteran status and any additional categories protected by applicable federal, state or local laws.