Executive Director Intern
Make the Difference Credit Union
Transformational Leadership Opportunity
POSITION OVERVIEW
Title: Executive Director Intern
Duration: 12 months (with potential for full-time Executive Director role)
Start Date: [To be determined based on candidate availability]
Location: 100% remote with quarterly in-person strategic sessions
Compensation Structure:
Post-Internship: Top candidate for Full-time Executive Director role at competitive market rate
Mission: Lead the operational development of Make the Difference Credit Union while gaining hands-on experience in purpose-driven financial services leadership, with the goal of transitioning to the permanent Executive Director role upon successful completion.
THE OPPORTUNITY
This Executive Director Internship represents a once-in-a-lifetime opportunity to build and lead a groundbreaking financial institution from the ground up. As the selected intern, you will work directly with Founder and Board Chair Art Fuller and the Board of Directors to transform the vision of purpose-driven financial services into operational reality.
Why This Role Matters:
First-of-its-Kind Institution: Help create the world's first credit union exclusively focused on connecting people to their purpose
Systems Change Impact: Build financial infrastructure that serves the most underserved communities
Leadership Development: Gain executive-level experience while contributing to social justice and community empowerment
Career Acceleration: Direct pathway to Executive Director role in a mission-driven organization
KEY RESPONSIBILITIES
Phase 1: Evaluation and Mission Alignment (Days 1-45)
Mutual Assessment Period:
Participate in comprehensive orientation and immersion experience
Engage in deep mission alignment discussions with Founder and Board members
Complete intensive assessment of organizational fit and leadership readiness
Demonstrate commitment to serving underserved communities through hands-on projects
Undergo evaluation of communication style, problem-solving approach, and cultural competency
Key Activities During Evaluation Period:
Shadow Board meetings and strategic planning sessions
Conduct community listening sessions with potential members
Complete foundational research on credit union regulations and social impact finance
Participate in cultural competency and trauma-informed care training
Demonstrate understanding of cooperative principles and member-owned institutions
Evaluation Criteria:
Authentic alignment with mission of connecting people to their purpose
Demonstrated commitment to serving the most underserved communities
Leadership potential and ability to build trust across diverse stakeholders
Understanding of social justice principles and systemic change approaches
Capacity for collaborative decision-making and community-centered leadership
Mutual Decision Point (Day 45): Both the intern and the organization will evaluate the match and decide whether to proceed with the stipend-supported internship phase.
Phase 2: Foundation Building and Strategic Development (Months 2-3)
Strategic Planning and Development:
Collaborate with Board of Directors to refine operational strategy and implementation plans
Lead development of comprehensive policies and procedures manual
Design organizational structure and hiring plans for key staff positions
Create member onboarding and engagement strategies that center social justice principles
Regulatory and Compliance Leadership:
Work closely with legal counsel and regulatory consultants on charter application process
Develop compliance monitoring systems and procedures
Ensure all operations align with credit union regulations and social justice values
Prepare materials for regulatory examinations and approval processes
Phase 3: Community Engagement and Member Development (Months 4-6)
Community Organizing and Outreach:
Lead founding member recruitment campaign targeting underserved communities
Build relationships with social justice organizations, community groups, and advocacy networks
Develop culturally competent outreach strategies for diverse communities
Create educational programming that connects financial literacy with social justice advocacy
Partnership Development:
Establish strategic partnerships with organizations serving marginalized communities
Build relationships with impact investors and mission-aligned funding sources
Develop collaboration agreements with social entrepreneurship support organizations
Create referral networks with mental health and community wellness providers
Phase 3: Operational Implementation (Months 7-9)
Systems and Technology Leadership:
Oversee implementation of core banking technology and member service platforms
Design user-friendly systems that accommodate diverse technological literacy levels
Ensure accessibility and language access across all technological interfaces
Develop digital security protocols that protect member privacy and data
Staff Recruitment and Training:
Lead recruitment process for key staff positions with emphasis on diversity and community connection
Design comprehensive training programs that integrate social justice principles with financial services
Create performance evaluation systems that measure both operational effectiveness and mission alignment
Establish staff development pathways that prioritize advancement from within served communities
Phase 4: Launch Preparation and Leadership Transition (Months 10-12)
Pre-Launch Operations:
Oversee soft launch with founding members and initial service delivery
Lead quality assurance processes and system testing
Manage grand opening planning and community celebration events
Prepare comprehensive annual operating plan and budget for Year Two
Executive Transition Preparation:
Complete executive leadership assessment and development planning
Participate in Board evaluation process for permanent Executive Director role
Present comprehensive organizational development plan for long-term growth
Demonstrate readiness for full executive responsibility and community leadership
REQUIRED QUALIFICATIONS
Educational Background:
Minimum: Bachelor's degree in Social Work, Public Policy, Business Administration, Finance, or related field
Preferred: Master's degree in Social Justice, Public Administration, Nonprofit Management, or MBA with social impact focus
Additional: Completion of coursework or certification in financial services, banking, or credit union operations
Professional Experience:
Banking and Financial Services (Required):
Minimum 3 years of experience in banking, credit unions, or community development finance
Understanding of loan underwriting, credit analysis, and risk management
Knowledge of federal and state banking regulations and compliance requirements
Experience with financial product development and member services
Social Justice and Community Organizing (Required):
Minimum 3 years of experience in social justice advocacy, community organizing, or grassroots movement building
Demonstrated track record of working effectively with underserved and marginalized communities
Understanding of systemic oppression and structural barriers to financial access
Experience developing culturally competent programs and services
Entrepreneurship and Business Development (Required):
Experience supporting or developing social enterprises or purpose-driven businesses
Understanding of business planning, financial modeling, and sustainable venture development
Knowledge of funding strategies for mission-driven organizations
Experience with impact measurement and social return on investment
Leadership and Management Experience:
Minimum 2 years in supervisory or project management roles
Experience leading diverse teams and managing complex, multi-stakeholder initiatives
Demonstrated ability to build consensus and navigate competing priorities
Track record of successful program development and implementation
ESSENTIAL SKILLS AND COMPETENCIES
Technical Skills:
Financial Analysis and Management:
Proficiency in financial modeling, budgeting, and forecasting
Understanding of credit analysis, loan portfolio management, and risk assessment
Knowledge of accounting principles and financial reporting requirements
Experience with banking technology systems and digital financial services
Regulatory and Compliance Knowledge:
Understanding of credit union regulations, NCUA requirements, and state banking laws
Knowledge of fair lending practices, consumer protection regulations, and anti-discrimination laws
Experience with audit processes, examination preparation, and regulatory reporting
Familiarity with cooperative governance principles and member-owned institution management
Leadership and Communication Skills:
Community Engagement and Organizing:
Exceptional interpersonal skills and ability to build trust across diverse communities
Fluency in multiple languages preferred (Spanish, other languages relevant to served communities)
Cultural competency and understanding of trauma-informed approaches
Experience facilitating community meetings, workshops, and educational programming
Strategic Thinking and Problem-Solving:
Ability to think systemically about complex social and economic challenges
Creative problem-solving skills and innovation in approach to traditional banking services
Strategic planning experience and ability to translate vision into actionable plans
Data analysis skills and experience with program evaluation and impact measurement
PERSONAL CHARACTERISTICS AND VALUES
Mission Alignment (Essential):
Purpose-Driven: Deep personal commitment to connecting people to their life purpose and supporting authentic self-expression
Justice-Oriented: Unwavering commitment to social justice, equity, and dismantling systemic oppression
Service-Focused: Genuine dedication to serving the most underserved communities with humility and respect
Community-Centered: Understanding that true leadership emerges from and remains accountable to community
Leadership Qualities:
Collaborative: Ability to build consensus and work effectively with diverse stakeholders
Resilient: Capacity to navigate challenges and setbacks while maintaining optimism and momentum
Adaptive: Flexibility and openness to learning, feedback, and changing approaches based on community needs
Authentic: Genuine, transparent, and trustworthy in all interactions and decision-making
Professional Attributes:
Detail-Oriented: Strong attention to detail and commitment to excellence in all work
Results-Driven: Focus on achieving measurable outcomes and sustainable impact
Ethical: Highest standards of integrity and ethical decision-making
Growth-Minded: Commitment to continuous learning and professional development
COMPENSATION AND BENEFITS PACKAGE
Financial Compensation:
Phase 1 (Days 1-45): Evaluation Period
No monetary compensation during mutual assessment phase
Opportunity to demonstrate commitment and assess organizational fit
All training materials, resources, and mentorship provided at no cost
Phase 2-3 (Months 2-6): Initial Stipend Period
Monthly Stipend: $1,000-$1,500 (based on performance evaluation and available funding)
Performance Reviews: Monthly assessments with potential for stipend increases
Founding Member Investment: $75 founding member contribution (as part of 10,000+ member initiative)
Phase 4 (Months 7-12): Advanced Stipend Period
Monthly Stipend: $2,000-$2,500 (based on performance evaluation and available funding)
Quarterly Bonuses: Performance-based bonuses for achievement of key milestones
Leadership Development: Enhanced responsibilities and executive-level decision-making authority
Post-Internship: Full-Time Executive Director Role
Market-Rate Compensation: Competitive salary based on available market rates at time of transition
Comprehensive Benefits: Full benefits package including health insurance, retirement planning, and professional development
Benefits and Perquisites:
During Stipend Periods (Months 2-12):
Professional Development Support: Access to relevant conferences, training, and educational opportunities
Technology Support: Basic equipment and software access for remote work
Mentorship and Coaching: Direct access to Board members and experienced social enterprise leaders
Flexible Schedule: Accommodating personal circumstances while meeting organizational needs
Upon Transition to Full-Time Role:
Health Insurance: Comprehensive health, dental, and vision coverage
Retirement Planning: 403(b) retirement plan with organizational matching
Flexible Time Off: Unlimited PTO policy with minimum 4 weeks encouraged
Technology Stipend: $2,000 for laptop, equipment, and home office setup
Transportation: Travel expenses for quarterly in-person meetings and community events
Professional Development Opportunities:
Executive Coaching: One-on-one coaching with experienced social enterprise leaders (begins Month 2)
Board Mentorship: Direct mentorship from Board of Directors members throughout entire internship
Conference Attendance: Support for attendance at credit union and social justice conferences (based on available funding)
Peer Network Access: Connection to national network of social impact leaders and purpose-driven financial institutions
Career Advancement:
Executive Director Pathway: Structured evaluation process for transition to permanent Executive Director role
Leadership Development: Comprehensive 12-month leadership development program tailored to individual growth areas
Industry Recognition: Opportunities for speaking, writing, and thought leadership in purpose-driven finance
Long-term Growth: Potential for advancement to CEO or other executive roles as organization grows to serve 10,000+ members
Movement Leadership: Position as a pioneer in the purpose-driven financial services movement
APPLICATION REQUIREMENTS
Required Application Materials:
Comprehensive Resume/CV: Detailed professional and educational background (maximum 3 pages)
Personal Purpose Statement (1,000 words): Address the following:
Your personal purpose and how it aligns with Make the Difference Credit Union's mission
Specific experiences working with underserved communities and advancing social justice
Vision for how financial services can be transformed to serve community empowerment
Why you are called to lead this particular initiative at this moment
Social Justice Leadership Essay (750 words): Describe a specific example of your leadership in social justice work, including:
The challenge or injustice you addressed
Your approach and strategies employed
Outcomes achieved and lessons learned
How this experience prepared you for executive leadership in financial services
Financial Services Experience Portfolio: Documentation of your banking, finance, or credit union experience, including:
Specific roles and responsibilities
Projects led or major contributions made
Understanding of regulatory requirements and compliance
Experience with loan products, member services, or financial analysis
Community Impact References: Contact information for three references:
One from financial services or banking experience
One from social justice or community organizing work
One from leadership or management experience
Executive Readiness Assessment: Complete a brief assessment (provided upon initial application review) evaluating:
Leadership style and approach
Problem-solving and decision-making capabilities
Understanding of credit union operations and regulations
Vision for organizational development and community impact
Application Process:
Step 1: Initial Application Submission Submit all required materials to:
Step 2: Application Review and Screening Applications reviewed by Board of