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Overview
Founded in 2001, Common Future works to close the racial wealth gap. We are building a future where all people—no matter their race and class—have power, choice, and ownership over the economy. Our current economic system does not work for everyone. Generations of Black and Indigenous communities and other communities of color have been and are currently intentionally locked out of wealth and power. Centuries of policies that systematically favor a select few cause persistent economic inequities that hold us all back.
With a multiracial, women-led co-CEO team we are reimagining leadership, prioritizing sustainability, shared leadership and clarified decision making, and reflecting the communities we serve. We are audacious, expansive, and unapologetic thinkers and doers who bring lived experience to the problems we tackle. Our diverse team of strategists, community organizers, financial activists, and policy enthusiasts provides capital, operational support, and strategic partnership to budding solutions addressing racial and economic injustice.
Our culture values include centering equity, being the communities we serve, embracing experimentation, reimagining what’s broken, collectively solving problems, and modeling a new way of working. We strive to be an innovator that prioritizes the well-being of our employees. Read more about us on our Medium page.
Purpose
We are seeking a Manager that is innovative, a systems change thinker, and who is an earnest collaborator and power shifterto bring their professional, volunteer, and lived experiences as they source, diligence, structure and manage investments for the Community Credit Lab (CCL) Fund, Common Future’s impact-first investment fund.
The CCL Fund seeks to provide catalytic lending capital and back office lending support to emerging funds and fund managers that build economic power and ownership in and for communities adversely impacted by economic and racial injustice. The Fund also aims to be an investment model for others in the ecosystem to showcase the type of capital and non-financial resources needed to invest in solutions designing the next economy. Investments from the fund are focused on increasing affordability and accessibility of capital and building power, choice and ownership for BIPOC communities.
This role combines the skills of a business analyst with a passion for community advocacy to drive economic justice by uplifting Black and Indigenous communities through community centered approaches. The ideal candidate will possess a strong understanding of racialized capitalism, emerging and innovative solutions, and community engagement strategies, with a focus on maximizing community benefit return. In the first year, you will fund $5mm to community led investments.
Position Responsibilities
Desired Qualifications
Compensation & Benefits
This is a full-time, exempt position. The salary range is $79,500 to $85,800 and commensurate with competence and experience.
Common Future offers a work environment that is committed to the wellbeing and support of our employees. We embrace a human-centered approach to our practices and policies. We offer a competitive benefits package that includes:
•Ongoing 4 day work week, Monday – Thursday, 32-hour workweek, 80% time at 100% pay
•Remote and flexible work options
•20 days of PTO
•18 paid holidays*, including a week off in the Spring and Winter
•Fully paid medical, dental, vision for employees. Dependents covered at 75%
•Access to a flexible spending account (FSA) for medical and dependent expenses
•Paid long-term disability and life insurance
•16-week paid parental leave
•$500 annual professional development stipend
•$500 monthly caregiver stipend in 2024
•Immediately vested 4% 403b retirement plan contribution after 90 days
•$800 one-time home office set up stipend for new employees
•$150 per month coworking, home office, and cell phone stipend
•Annual in-person retreat, and more!
*Holidays that fall on Fridays are not rescheduled to another day.
Location
Oakland, CA
Our Commitment
As an Equal Opportunity Employer, Common Future does not discriminate against applicants or employees due to their race, ethnicity, religion, sexual orientation, gender, gender identity, age, physical ability, hairstyle, previous incarceration, or length of time spent unemployed. As an organization, we are committed to reflecting the diverse communities we serve.
Studies have shown that women, trans, non-binary folks, and BIPOC are less likely to apply for jobs unless they believe they meet every single one of the qualifications as described in a job description. We are committed to building a diverse and inclusive organization, and we are most interested in finding the best candidate for the job. That candidate may be one who comes from a background less traditional to our field of work, and that’s okay. We would strongly encourage you to apply, even if you don’t believe you meet every one of the qualifications described.
Notes
Applications will be evaluated as they arrive and the position will remain open until filled.
Due to the high volume of applications, our hiring team is not able to field requests for feedback or informational interviews sent via LinkedIn or email. If you are a good match for the role, our team will reach out to you directly.
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