Opportunity Details

Vice President of Lending and NMTC
Posted: 06/07/2024
Client name: Client Name Text
Job Function: Finance
Source: Source Text
Location: Chicago, IL, USA
Posted: 06/07/2024
Description

National Community Investment Fund (NCIF) is a national nonprofit Community Development Financial Institution (CDFI) focused on increasing access to responsible financial products and services in underserved communities. With total assets under management of $228 million, including $62 million in a balance sheet and $166 million in New Markets Tax Credits (NMTC) allocations, NCIF invests in mission-oriented financial institutions, deploys NMTC allocations, and builds a portfolio of loans supporting businesses, housing, education, healthcare, and other mission-aligned sectors. The Vice President of Lending and NMTC will play a key role in developing low-risk, high-impact commercial loans, deploying NMTC allocations, raising private capital, and contributing to the overall growth and impact measurement strategy of our client.

The ideal candidate for the Vice President of Lending and NMTC role will have 10+ years of experience in lending, credit risk management, or capital markets, with knowledge of NMTC deployment, Low Income Housing Tax Credits, and other CDFI Fund programs. They should possess strong credit, structuring, underwriting, and portfolio management skills, along with a passion for community and economic development. The candidate should also demonstrate a growth mindset, entrepreneurial approach, and ability to build strong relationships internally and externally. The salary for this position is competitive and commensurate with experience, with a hybrid work schedule offered. Candidates interested in this role can express their interest through Koya Partners, the executive search firm handling this engagement.

Copyright © 2013-present BlueSteps, Inc. All rights reserved.