Vice President of Credit Job Saint Louis area,St. Louis Missouri USA,Finance & Banking

Location: St. Louis

Title: Vice President, Credit

Employee Status: Full Time, Exempt

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

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

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

This VP of Credit position is intentionally structured to operate as a thought partner and facilitator, rather than a traditional credit gatekeeper.

Core Responsibilities

Credit Leadership & Governance – The VP, Credit provides leadership and structure for credit decision‑making across the organization.

Lead the internal credit committee, facilitating balanced, timely, and well‑informed discussions.

Primarily responsible for structuring the credit review of $1B of originations over the next five years. Maintains the health of $1B assets under management through credit review of modifications.

Own and maintain credit policy to ensure alignment with organizational strategy, risk appetite, and Board‑level approvals.

Develop and refine the following:

Credit Memo templates
Underwriting standards and guidance
Evaluation and approval processes

Ensure consistency, clarity, and discipline across credit practices.

Identify opportunities to improve efficiency and transparency in credit workflows.

Deal Engagement & Credit Decisioning

Serve as a decider within the RAPID framework for credit decisions, with lenders acting as recommenders.

Engage directly in complex, nuanced, or non‑standard deals to support structuring and risk assessment.

Provide guidance to help teams navigate challenges and efficiently move viable deals forward.

Articulate and apply an…