Executive Director and CEO
The Executive Director and CEO (CEO) is the leader (the Bank)
and is responsible for the overall success of the Bank. Under the supervision of the Board of Directors,
the CEO is responsible for the day-to-day management of the Bank; developing business strategies and
plans ensuring their alignment with short-term and long-term objectives; leading and motivating staff to
advance employee engagement; developing a high performing managerial team; and, ultimately
overseeing all operations and business activities to ensure they produce the desired results and are
consistent with the overall strategy and mission of the Bank. Additionally, the CEO is responsible for
driving institutional change and continued innovation through a period of transformation as well as
representing the Bank to clients and external partners and agencies
1. Oversee the Bank’s capital, liquidity, and credit risk to safeguard its rating.
2. Manage the Bank’s relationship with key stakeholders (and capital providers)
3. Manage the Bank’s issuance of bonds to private investors, including its relationships with ratings
agencies, underwriters, financial advisers, bond counsel.
4. Manage the Bank’s extension of loans
5. Work cooperatively with agency partners in to ensure that the
most deserving projects are funded.
1. Enhance the efficiency and effectiveness of the Bank, and expand the scope of the Bank’s
activities, programs and services.
2. Direct the modernization of the Bank, implementing new financial accounting systems,
computerized processing systems, and business development methodologies.
3. Create and implement innovative programs.
4. Move beyond legacy water-based programs and broaden scope into energy efficiency and
renewable energy programs.
5. Expand existing customer base to target and include businesses and
6. Redefine the Bank’s culture. Build the premier organization within the country for financing
the development of an environmentally-friendly infrastructure
1. Oversee a team with a diverse background in program management, finance, accounting, and
2. Carry out leadership responsibilities in accordance with the Bank’s policies and applicable laws to
include: training employees, directing workflow, appraising performance, addressing complaints,
and succession planning.
3. Recruit, retain, and develop best in class talent to support the Bank’s mission.
1. Ensure the Bank has in place the systems, procedures, and resources required to fill its
mandatory compliance and reporting requirements.
2. Direct the creation of policies and procedures necessary for the operation of the Bank and
implement all policies and procedures adopted by the Board of Directors and or required by the
State of Rhode Island.
3. Assure compliance with all state and federal statutes, rules, and regulations.
4. Prepare agendas, attend, and supervise the recording of minutes at all Board of Directors
1. Manage the Bank’s capital and earnings responsibly, so as to sustain its rating.
2. Prepare annual operating budgets (and other long term financial plans) and present them to the
4. Issue public debt, as required, to leverage capital and fund mission-based loans..
6. Manage the investment of the Bank’s surplus cash to enhance returns while controlling duration
and credit risk.
7. Manage internal controls over financial reporting for the Bank and its programs.
1. Act as the bridge between the Bank and external partners, clients and agencies. Develop strong
working relationships with external partners, clients, and agencies.
2. Promote and effectively communicate the Bank’s programs and accomplishments.
3. Capably represent the Bank at official functions and meetings
Requires a Bachelor’s degree in Finance, Accounting, Economics or related field (advanced
degree or certification strongly preferred).
• 10+ years of relevant professional experience or demonstrated high level of success related to
finance, law, public administration, environmental sustainability, and/or related area in
government or private sector.
Highly organized, self-starter with the ability to manage projects with limited oversight.
• Strong leadership, management, supervision, and interpersonal skills.
• Excellent verbal and written communications and oral presentation skills.
• Demonstrated ability to work collaboratively with diverse stakeholders.
• Strong strategic thinking skills.
• Ability to make effective decisions by analyzing information and considering priorities.
• Excellent analytical, problem solving, and evaluation skills.
• Demonstrated knowledge of public administration and corporate governance frameworks.
• Creates and fosters ideas that impel the agency towards a results-oriented direction.
• Demonstrated experience in managing a large number of projects through a team of direct
reports in a cross-functional environment.