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Job · Los Angeles, CA · Full time

VP, Operations & Execution

Accion Opportunity Fund Community Development · Community Improvement & Capacity Building · $71.1M budget · 167 staff · Since 1993

Why Accion Opportunity Fund Community Development

FY2024 · Form 990Its mission and biggest programs, as filed

Provides affordable capital, financial solutions, and policy advocacy to underserved entrepreneurs, with a focus on low-income individuals, people of color, and women.

  • Small business lending program - the organization makes loans to small businesses that lack access to affordable credit from traditional sources. Since inception, the organization has made over 35,380 loans totaling $1,066 million to small businesses whose owners are primarily…$48M spent in FY2024
  • New market tax credits program - in 2003, the organization was certified by the u.s. Department of treasury Community Development financial institution Fund ("cdfi Fund") as a Community Development entity ("cde") under its new market tax credit (''nmtc") program. As…$979K spent in FY2024
  • Policy program: Accion Opportunity Fund conducts program evaluation and research and advocates for federal, state and local public policies that will benefit our mission and the working families that our programs serve.$522K spent in FY2024

Before you apply

FY2023 · Form 990Independent: from IRS data, not the org
Peers pay
$153K–$266K
$10M+ orgs, California
Fine: from the org's Form 990.
Pt VII · Sec A
Pays its leaders
$260K–$598K
12 officers reported
Fine: from the org's Form 990.
Pt VII · Sec A
Budget
$55.5M
spent in FY2023
Fine: from the org's Form 990.
Pt I · Ln 18
Staff
167
employees
20 volunteers
Fine: from the org's Form 990.
Pt I · Ln 5–6
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Surplus or deficit
−25%
of revenue, FY2023
Concern: revenue was below expenses in the latest filing.
Pt I · Ln 19
Cash reserves
13 mo
of spending, in cash and securities
Looks good: 12.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file
IRS status
501(c)(3)
tax-exempt since 2000
Looks good: listed by the IRS.
IRS BMF
Looks goodFineWorth a lookConcernTap a box for the reason.

About the role

The org's own posting, as written

Hybrid Los Angeles area, Bay Area, NYC metro, and South Florida. THE ORGANIZATION: Accion Opportunity Fund (AOF) is a leading Community Development Financial Institution dedicated to providing underserved small business owners with access to capital, networks, and coaching. For over 30 years, AOF has helped small business owners create jobs, build wealth, and strengthen communities by providing responsible financing and business support services. Since our founding, we have deployed more than $1 billion in financing and have served more than 4 million entrepreneurs through educational resources and business support programs.

The majority of our clients come from historically underserved communities where access to traditional financing remains limited. As AOF continues its mission of expanding financial inclusion, we are building a scalable, sustainable financial institution that combines mission impact with strong financial performance. Our strategic vision includes expanding our lending capabilities, strengthening enterprise risk management, and preparing for future growth across additional financial products, including Credit Union services.

To learn more, visit https://aofund.org/ POSITION SUMMARY: Reporting to the Chief Operations and Servicing Officer, the Vice President of Operations and Execution is a hands-on operating leader responsible for translating priorities into disciplined execution across assigned operational and customer-facing functions supporting Accion Opportunity Fund Community Development and Accion Opportunity Federal Credit Union. The Vice President will manage leaders and teams, improve day-to-day performance, resolve complex operating issues, and ensure critical initiatives move from plan to implementation.

This is a working leadership role for an experienced operator who is comfortable moving between people leadership, operating data, workflow details, vendor performance, customer escalations, and cross-functional implementation. The successful candidate will set clear expectations, build capable managers, and personally engage in important work when additional structure, analysis, or problem solving is required.

PRIMARY RESPONSIBILITIES

Operational Leadership and Performance Lead the daily performance of assigned operations and service-delivery functions, establishing clear ownership, service levels, productivity expectations, quality standards, and operating routines. Maintain direct visibility into volume, capacity, backlog, cycle time, quality, customer outcomes, cost, and risk; use the data to identify problems early and drive corrective action. Resolve operational bottlenecks and escalations by working directly with managers, frontline teams, vendors, and cross-functional partners.

Translate organizational priorities into practical workplans with accountable owners, milestones, dependencies, decision points, and measurable outcomes. Ensure operational commitments are completed on time and that unresolved…

Read the full posting

About Accion Opportunity Fund Community Development

From its Form 990

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