Job Summary: About the UMLF
The UMLF believes that small business lending and education can help create strong local economies, self-sufficient individuals/families, and vibrant strong communities. Our Mission statement is: We are a non-profit organization empowering underserved communities in Utah by providing business funding (up to $50,000) and training to entrepreneurs who do not qualify for traditional funding sources. The UMLF works in partnership with members of Utah’s financial banking community to help launch or expand small businesses across the state of Utah.
For over 30 years the UMLF has been engaged in providing capital and technical assistance to small micro businesses that don’t have the financial strength, credit history, and/or limited collateral, required to access more traditional financing. Headquartered in Salt Lake City, the organization serves the entire state of Utah. With over 6 million in assets, the UMLF is poised to take the next step in transitioning to a larger and more comprehensive Community Development Financial Institution.
We are looking for an experienced CEO/Executive Director who will
• Bring leadership and CDFI experience to this small/medium organization and enjoy growing it into a more comprehensive CDFI with more reach into rural and under-served areas in the state.
• Enjoy working in a position where each day is different with a wide variety of duties that range from financial management to development (and a whole lot in between).
• Create high-level relationships within the Utah business community to further diversify the UMLF’s grant/donation stream.
Primary Responsibilities: • Create and implement a strategic vision for the organization through the development and implementation of a business plan and multi-year strategic objectives that support a state-wide focus.
• Lead a capitalization strategy through collaboration with the Board Chair, and Finance Committee to include: debt acquisition, grant writing, and fundraising, to grow the organization’s balance sheet and further overall fundraising strategy.
• Lead, develop, and retain a high-performance team that is well-trained and capable.
• Ensure a healthy work environment, evaluate and measure progress/success, establish accountabilities/goals and a bonus program for UMLF staff.
• Manage balance sheet health to maximize the organization’s growth and responsiveness to community needs.
• Ensure strong fiscal discipline, implement effective internal controls, manage the audit process etc.
• Secure bank loans, federal loans, governmental program support and other resources to fund loan pool commitments and loan loss reserves.
• Create and oversee the UMLF’s budget, ensure resources are properly allocated, manage adherence of the budget throughout the fiscal year.
• Set-up and ensure adherence to reporting/data requirements of funders and lenders including federal loan and grant programs.
• Manage all servicing/collection efforts.
• Manage loan portfolio qualify and performance with periodic reporting to Board.
• Maintain/establish clear policies governing all areas of the loan origination and credit management process.
• Provide general oversight of all activities to ensure a smoothly functioning and efficient organization including development and implementation of policies and procedures, and systems to effectively handle loans, finances, and HR/payroll activities.
• Identify and cultivate key relationships with other community-based organizations to better serve low-to-moderate income communities especially communities of color.
• Market UMLF programs to effectively raise the level of awareness throughout the state and increase the use of UMLF programs.
• Support UMLF Board governance by coordinating and preparing for bi-monthly meetings as well as supporting Board authorized committees. This includes setting up for in-person and virtual meetings, reporting on performance and portfolio quality, implementing Board/committee directed initiatives, etc.
Desired Qualifications: Previous experience and skills that will make you an ideal candidate
• Someone who enjoys the benefit of working in a non-profit organization and the impact their work creates in the community.
• A Bachelor’s degree in business/finance or related field from an accredited educational institution.
• A minimum of 5 years experience as a senior manager of a CDFI or non-profit lending organization.
• Above experience can be substituted with at least 8 years experience with a commercial bank in senior management, and/or small business or commercial lending.
• Knowledge of bank financial management.
• Ability to delegate work-flow and focus on larger strategic initiatives.
• Excellent written and verbal communication skills.

Even better if you have these
• A Master’s degree in business/finance or related field from an accredited educational institution.
• Experience taking a similar organization as the UMLF and growing it to the next level of success.
• Experience raising significant levels of capital and/or donation/grant income for a similar type organization.
Benefits / Why Work for Us: Compensation
• A competitive base salary with an annual bonus based on meeting set goals provided by the Board.
• Other benefits include: PTO, medical, dental, 401K match.
How to Apply: • Please send resume and any inquiries to
Compensation Type: Annual salary
Hourly Wage Minimum: This is a salary position.
Hourly Wage Maximum: This is a salary position.
Salary Minimum: $90,000
Salary Maximum: $120,000
Closing Date: 3.26.21
Status: Full Time


Organization Website: Visit website
Contact Name: Roger Christensen