VP, Lending and Credit - Mission-Oriented, Bank Investment Fund
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Vice President, Lending and Credit
Location: Chicago, IL
Firm: Our client is a well-established non-profit investment fund that connects mission-oriented financial institutions, investors, governmental and regulatory agencies, and service providers in the common interest of growing the industry and serving underbanked communities. They run an informal network of banks that are operating or interested in supporting underserved markets across the country.
Opportunity: The fund is looking to add a Vice President, reporting directly to the CEO, to join its growing fund management team and build on its lending and investing efforts. The chosen VP will be responsible for deploying Tax Credit allocations in real estate and small business transactions. The VP will underwrite and originate a pipeline of low-risk, high-impact commercial loans that may use NMTC or other government programs and/or in participation with network partners.
Qualifications: The paramount skill for this role is a passion for community and economic development to catalyzing change in underserved communities. At least 10-years of experience in lending, credit risk management and/or investment banking is preferred. Experience in a bank or a non-bank CDFI will be a strong positive as is strong credit, underwriting and portfolio management skills. Knowledge of and experience with New Market Tax Credit structures, public finance and other CDFI Fund programs will also be a positive. Must be possess great communication abilities, sales skills, and have a knack for strategic thinking around the future of community development in this changing financial landscape.
Please contact Brian Love for more details about the role or the client. Brian can be reached via email (firstname.lastname@example.org) or by calling (610) 994-1786.