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Vice President of Originations

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Illinois Facilities Fund
Full Time position
Listed on 2026-06-06
Job specializations:
  • Management
    Financial Manager, Business Management & Consulting, CFO
Salary/Wage Range or Industry Benchmark: 175000 - 227000 USD Yearly USD 175000.00 227000.00 YEAR
Job Description & How to Apply Below

Title:

Vice President of Originations

Employee Status:
Full Time, Exempt

Salary:
Grade 10

Starting range of $175,000 – $227,000 | Chicago | Detroit | Milwaukee

Starting range of $160,000 – $210,000 | Indiana | Grand Rapids | Ohio | Missouri

Reports to:

Chief Business Officer

Department:
Capital Solutions

Location:

Any IFF Office

Hybrid:
In office: T/W | WFH: M/Th/F

Department Function

Capital is a critical resource that’s often beyond the reach of nonprofits serving communities with limited resources. IFF works hard to change that. For more than 30 years, IFF has specialized in flexible lending products that help nonprofits achieve their growth goals and best serve their communities. IFF’s clients include human services agencies, supportive housing providers, schools, health clinics, arts organizations, community centers and a full spectrum of other nonprofit organizations.

Racial inequality in property values still exists today. IFF takes a different approach to underwriting that isn’t limited by appraisals, but instead is informed by a deep understanding of nonprofit operations and the importance of nonprofit facilities to communities. IFF provides lending to our clients uniquely designed to serve nonprofits with no appraisals on commercial projects, as low as five percent up front, and long-term loans with no prepayment penalties.

Loans can be used for acquisition, facility improvement, equipment and vehicles, and affordable housing. Capital Solutions is part of IFF’s Core Business Solutions which is a cross-cutting team that sits at the nexus of nonprofits, communities, and IFF technical knowledge. The group provides thought leadership and expertise to drive corporate strategy across markets. The primary business units in Core Business Solutions are Capital Solutions, Real Estate Solutions, Community Development Solutions, Home First, and Legal.

The

Organization

IFF is a mission-driven lender, real estate consultant, and developer that helps communities thrive. Key to our success has been a deep sense of purpose, a broad perspective, and a relentless focus on achieving positive results. Across the Midwest we help clients from every sector, including human service agencies, health centers, schools, affordable housing developers, and healthy food grocery operators. Staff contribute extensive business experience and an unrivaled connection to the mission of IFF to the clients we serve.

Equity,

Diversity, and Inclusion

Partnering to create thriving communities is at the heart of everything we do. We leverage knowledge, capital, and resources to advance equitable and transformational outcomes in under-resourced communities, guided by our commitment to be an inclusive, anti‑racist and anti‑oppressive institution that honors communities as asset‑rich and as experts in their own stories.

Basic Job Function

IFF is seeking a Vice President of Originations to lead and develop a high‑performing lending team across multiple markets, with responsibility for overall loan origination and closing performance.

This role is designed for a senior leader who brings both strong technical lending expertise and a passion for people leadership — someone who has been a successful originator and is now motivated to build, coach, and elevate others. The VP of Originations will focus on driving team accountability, strengthening deal quality, and ensuring consistency and a high level of client‑satisfaction across both originations and closing functions.

The role has a heavy internal focus, with responsibility for team performance and execution, while maintaining a thoughtful external presence to support market credibility and leadership.

IFF is looking for candidates with a commitment to the work we do who can demonstrate their creativity, diligence, enthusiasm, growth‑mindset, thoughtfulness, and passion to make meaningful change in the areas of economic and racial justice.

Core Responsibilities Team Leadership & Performance Management
  • Provide high‑touch leadership, coaching, and performance management to senior team members.
  • Drive accountability for team‑wide origination and closing goals, rather than individual production.
  • Support team…
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