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About Capital Good Fund
Capital Good Fund (“Good Fund”) is a nonprofit, U.S. Treasury-certified Community Development Financial Institution headquartered in Providence, RI. Founded in 2009, our mission is to create pathways out of poverty and advance a green economy through inclusive financial services. Good Fund employees are committed to using financial services to transform the lives of those we serve.
Job Description/Responsibilities
This full-time position is an opportunity to help Capital Good Fund’s subsidiary, America BRIGHT Solar, LLC, rapidly scale its innovative solar and battery-storage leasing / Power Purchase Agreement model, in Georgia and across multiple states. America BRIGHT is a wholly owned subsidiary of Capital Good Fund, a tax-exempt, U.S. Treasury-certified Community Development Financial Institution, or CDFI. America BRIGHT serves as the holding company for Capital Good Fund’s solar leasing and PPA programs, under which we leverage the new “Direct Pay” provisions of the Inflation Reduction Act to monetize federal clean energy tax credits to deliver savings to low- and moderate-income homeowners, renters, and communities.
The General Manager of America BRIGHT will report to Capital Good Fund’s CEO and be directly responsible for various aspects of the leasing and PPA programs, including program and product design, development, expansion, and refinement; contractor recruitment and management; and customer acquisition and outreach. The General Manager will also support other elements of the BRIGHT program, but not be directly responsible. These include helping to raise debt and grant capital by providing data points to and assisting in the financial modeling for the Development Team; improving technology and policies and procedures by providing input and feedback to the Origination, Servicing, and IT departments; raising awareness of the program by engaging with media, assisting in the drafting of Op-Eds and blog posts, and, to a limited extent, advocating for policies that align with the program’s mission, such as net-metering and community solar.
Note that Capital Good Fund expects a significant infusion of funding from the Greenhouse Gas Reduction Fund in Summer / Fall 2024, as a direct or sub-recipient in Georgia and/or a sub-recipient in multiple other states. The General Manager will be crucial in absorbing and deploying this capital in Georgia and beyond.
In this role, the General Manager of America BRIGHT Solar will:
About You
We are looking for exceptional people. Capital Good Fund employees are passionate, motivated and committed to using financial services to transform the lives of people living in poverty.
Required Skills, Knowledge, and Abilities
Preferred Skills, Knowledge, and Abilities
Training and Compensation
The General Manager will receive extensive training on all of Capital Good Fund’s products, services, policies, procedures, and technology.
This is a full-time forty-hour-per-week position. The General Manager will earn an annual salary of $100,000 – $125,000
In addition, the General Manager will receive a competitive benefits package that includes a 401(k) plan with a dollar-for-dollar employer match of up to 4% of employee gross earnings, medical insurance with a $500/month employer subsidy, dental insurance fully covered by employer for routine dental care, 5 paid personal days per benefit year, 15 vacation days in the first year on staff, and the opportunity to apply for personal loans of up to $2,000 at 0% interest. Company perks include supervisor-approved opportunities to work from home, flexible scheduling, and 14 paid holidays!
How to Apply
Please send a one-page cover letter and accompanying résumé to jobs@capitalgoodfund.org. In the cover letter please address the following question:
Any offer of employment is contingent upon completion of a background check.
Capital Good Fund is committed to creating a diverse environment and is proud to be an equal opportunity employer. Good Fund welcomes every protected characteristic including race, color, religion, sex, gender, sexual orientation, or gender identity. All are encouraged to apply.
Full Time
Investment Management
$89k-118k (estimate)
02/25/2024
04/24/2024
capitalgoodfund.org
Providence, RI
50 - 100
Investment Management