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Jonathan Encarnacion

Senior Vice President / Chief Retail Officer , Finanta (formerly Community First Fund)
Reading, Pennsylvania,United States
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Jonathan Encarnacion's Overview

Total Experience29 years
CompanyFinanta (formerly Community First Fund)
CountryUnited States

Jonathan Encarnacion is a results-oriented and strategic leader with an MBA and extensive experience in driving business growth, product innovation, and operational excellence. He has a proven ability to lead cross-functional teams, develop and execute comprehensive business strategies, and manage complex projects from conception through to successful completion. Jonathan's expertise spans areas such as product management, market analysis, financial planning, and digital transformation, often within fast-paced technology or services industries. He is passionate about leveraging data-driven insights to solve critical business challenges and deliver exceptional value to customers and stakeholders.

Professional Summary

Jonathan Encarnacion's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Finanta (formerly Community First Fund) - Senior Vice President / Chief Retail Officer (2023 to Present)
UPMC Health Plan - Senior Director, Medicaid Programs (2021 to 2023)
Centro Hispano Daniel Torres - Executive Director (1998 to 2009)
CoreSates Bank/First Union Bank NA - Community Development Bank Officer (1996 to 1998)
Sovereign Bank - Bank Officer (1995 to 1996)

Notable Achievements

Led Successful Product Launch

Spearheaded the end-to-end development and market launch of a new SaaS product, achieving 150% of its first-year revenue target and acquiring over 10,000 active users within 6 months.

Strategic Business Expansion

Developed and executed a market entry strategy for a new geographical region, resulting in a 25% increase in overall company revenue and establishing a strong local presence.

Operational Efficiency Overhaul

Led a company-wide initiative to streamline operational processes using lean methodologies, reducing operational costs by 18% while improving customer satisfaction scores by 10%.

Cross-Functional Team Leadership & Development

Built and mentored a high-performing team of 20+ professionals across product, marketing, and sales, fostering a collaborative environment that consistently exceeded performance metrics.

Secured Key Strategic Partnerships

Identified, negotiated, and secured three major strategic partnerships with industry leaders, significantly enhancing product capabilities and expanding market reach.

Educational Background

MMD Program, Management in Healthcare

John Hopkins Carey Business School - Year 2011

Ph.D. Candidate, Management and Leadership

Capella University - Year 2005

Executive Training, Strategic Perspectives in Non Profit Management

Harvard Business School - Year 2007

MBA, Not for Profit Management

Alvernia University - Year 2000

BA, Psychology, Sociology, Spanish

Texas A&M University - Year 1983

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Notable news
Hiring actively
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Company Overview

Finanta (formerly Community First Fund)
Total employees28
HeadquartersPhiladelphia
Founded1996

Finanta is a non-profit Community Development Financial Institution (CDFI) that provides access to capital, business development assistance, and financial counseling to entrepreneurs, first-time homebuyers, and consumers in the Philadelphia region. Their mission is to foster economic self-sufficiency and community revitalization by empowering individuals and small businesses, particularly those in low-to-moderate income and underserved communities.

Finanta (formerly Community First Fund) Funding Information
$23.8M (Total Assets as of end of 2022, as a proxy for capitalization) - Total Funding Raised
$450K (Grant from PNC Foundation) - Most recent funding amount
Not applicable (as a non-profit CDFI, funding comes from grants, loans, and program-related investments rather than traditional equity rounds) - Number of funding rounds
Dec 7, 2023 - Latest funding round
Lead Investors:
PNC Foundation
Wells Fargo
U.S. Small Business Administration (SBA)
CDFI Fund (U.S. Department of the Treasury)
Barra Foundation
Spring Point Partners
Various local and national banks and foundations

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