VP of SVP of Lending & NMTC

Vice President or Senior Vice President

Department: Lending and NMTC
Reports to: CEO
Location: Chicago, IL (Hybrid)

About the Role

National Community Investment Fund (NCIF) is a national Community Development Financial Institution (CDFI) whose mission is to invest in social impact and economic opportunity in rural, small-town and urban America.

NCIF is an entrepreneurial organization with a strategic plan that seeks to deploy over $1 billion in impact assets over the next 10 years, and to evolve using artificial intelligence and other advanced technologies.

To support its growth trajectory, NCIF is seeking a dynamic senior lender to join its growing team and advance NCIF’s growth and impact. This role is responsible for originating, structuring, and managing high-impact transactions, while contributing to the development of NCIF’s broader strategy, partnerships, and lending platforms.

What You Will Do

The successful candidate will hold the title of Vice President or Senior Vice President, depending on experience, and will be a key driver of NCIF’s growth and strategic evolution.

Business Development and Lending

● Originating, structuring, underwriting, and closing a pipeline of low-risk, high-impact commercial loans, often utilizing NMTC, LIHTC or other government programs in participation with NMTC CDEs, housing lenders and NCIF network partners.

● Deploying NCIF’s NMTC allocations in real estate and business operating loans, or otherwise consistent with NCIF strategy.

● Underwriting and preparing credit memoranda, closing, and asset-management from inception to exit.

Strategy, Capital and Partnerships

● Supporting capital raising and preparing grant applications for the CDFI Fund or other grant programs, as needed.

● Contributing to the development of NCIF’s strategy for growth and impact, including development of new lending and investing programs that make a positive impact in low-income communities.

● Contributing to the development of a syndication platform.

● Contributing to the development of impact measurement for the lending platform

● Representing NCIF externally with potential and existing partners.

Team Leadership and Institutional Strengthening

● Serving as a mentor to junior members of the NCIF team around both technical skills and more intangible professional skills.

● Contributing to NCIF’s ongoing efforts to improve systems and processes, credit standards, and impact measurement.

What You Bring

The successful candidate will have a deep passion for creating wealth in underserved communities, and a belief in the power of capital to catalyze change. The ideal candidate would also have:

● 10+ years’ total experience in commercial real estate/commercial lending, credit risk management and/or capital markets;

● Deep and successful experience in business development and relationship management;

● Strong credit, structuring, underwriting and portfolio management skills;

● Experience in a bank or a nonbank CDFI;

● Knowledge of loan participations and co-lending with other banks;

● Experience with NMTC deployment, Low Income Housing Tax Credits, structuring loans through government programs, public finance and other CDFI Fund programs (FA, Bond Guarantee, Capital Magnet Funds, etc.) will be a strong positive;

● Ability to form strong working relationships both internally and externally with NCIF Network partners;

● Flexibility and ability to think creatively about how to increase the impact of NCIF and our partners;

● The drive and comfort with path-breaking of a self-starter;

● A growth mindset, excitement about building the business and an entrepreneurial approach;

● Partnership skills and industry knowledge to represent NCIF externally as a relationship manager and on conference panels; and

● Located in Chicago or willing to relocate.

To Apply

Please send a resume, cover letter and writing sample to [email protected]. To be considered, candidates must have permanent work authorization in the United States.

More About NCIF

Since its inception in 1996, NCIF has deployed over $560 million of impact capital, creating over 17,000 jobs in 34 states and territories. Total assets under management at NCIF are around $262 million, including a balance sheet of $77 million, and a serviced loan and NMTC portfolio of $185 million.

NCIF has partnered, lent and invested with a network of over 50 mission-oriented financial institutions, banks, and non-bank organizations to expand the flow of capital into communities with limited access to financing. Through this network, NCIF helps catalyze investment, strengthen local institutions, and scale impact beyond its direct balance sheet.

NCIF delivers its mission through four complementary business lines:

1. Equity Investing – Providing equity, debt, and deposit investments to mission-oriented financial institutions, including CDFI banks, minority depository institutions, and other aligned platforms.

2. Lending – Originating and syndicating loans that support small businesses, affordable housing, healthcare, education, and other community-focused sectors.

3. New Markets Tax Credits (NMTC) – Deploying NMTC allocations into high-impact operating businesses and real estate projects that drive economic opportunity.

4. Impact Measurement and Data – Publishing BankImpact metrics and developing advanced data analytics tools, including AI-driven platforms, to measure performance and attract additional capital to the sector. NCIF pioneered the use of social performance metrics in community development banking, and impact measurement remains foundational to our mission.

By integrating capital, data, and partnerships, NCIF operates at the intersection of finance, impact, and innovation to strengthen community development finance and expand economic opportunity.

Equal Opportunity Statement

NCIF is an equal opportunity employer and provides equal treatment and opportunity to all persons without regard to race, color, religion, national origin, sex, age, disability, veteran status or sexual orientation except where such distinction is required by law.

Pay: $86,681.35 - $104,390.44 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Professional development assistance
• Vision insurance

Work Location: Hybrid remote in Chicago, IL 60602