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Vice President Credit Jobs (NOW HIRING)

National Equity Fund

Vice President, Credit

Chicago, IL · On-site

$150 - $230/hr

The Vice President of Credit is responsible for credit and underwriting reviews for assigned Low-Income Housing Tax Credit (LIHTC) project investments, including support for NEF's Investment Review ...

IFF

Vice President of Credit

Chicago, IL · On-site

$175K - $227K/yr

Vice President, Credit 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 | Ohio ...

Morgan Stanley

Vice President, Credit Review

New York, NY · On-site

$135K - $202K/yr

We're seeking someone to join our Credit Review Group as a Vice President. This is a specialized team within Internal Audit which is responsible for the independent assessment of the quality of loan ...

hgm

VP, Credit Funds Controller

Norfolk, VA

Vice President, Investment Accounting, Credit Funds Controller Division: Corporate - Accounting & Finance Supervisor: Managing Director, Chief Accounting Officer - HGI Status: Exempt Location: On ...

Morgan Stanley

Vice President, Credit Review

New York, NY · Hybrid

$135K - $202K/yr

We're seeking someone to join our Credit Review Group as a Vice President. This is a specialized team within Internal Audit which is responsible for the independent assessment of the quality of loan ...

hgm

VP, Credit Funds Controller

New York, NY

Vice President, Investment Accounting, Credit Funds Controller Division: Corporate - Accounting & Finance Supervisor: Managing Director, Chief Accounting Officer - HGI Status: Exempt Location: On ...

The Park Bank

SVP Credit Administration

Madison, WI · Hybrid

Description Park Bank is hiring a SVP Credit Administration. This role is responsible for leading the operational and administrative functions of the bank's credit area within a community banking ...

Morgan Stanley

Vice President, Credit Review

Manhattan, NY · On-site

$135 - $202.50/hr

We're seeking someone to join our Credit Review Group as a Vice President. This is a specialized team within Internal Audit which is responsible for the independent assessment of the quality of loan ...

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All JobsVice President Credit Jobs

Vice President Credit information

See salary details

$43.5K

$157.5K

$277.5K

How much do vice president credit jobs pay per year?

As of Aug 15, 2026, the average yearly pay for vice president credit in the United States is $157,532.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,000.00 and $190,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a vice president credit?

To thrive as a Vice President Credit, you need deep expertise in credit analysis, risk assessment, and financial management, usually supported by a degree in finance, accounting, or a related field. Familiarity with credit management software, financial modeling tools, and relevant certifications such as CFA or FRM is highly valuable. Strong leadership, strategic thinking, and excellent communication skills help build effective teams and foster client relationships. These competencies ensure sound credit decisions, minimize risk exposure, and support the organization's financial health and growth.

What is the difference between Vice President Credit vs Credit Manager?

AspectVice President CreditCredit Manager
Required CredentialsBachelor's degree, often an MBA, plus extensive experience in credit analysisBachelor's degree in finance, accounting, or related field; experience in credit analysis
Work EnvironmentStrategic leadership, executive meetings, high-level decision makingOperational focus, overseeing credit approval processes, team management
Employer & Industry UsageFinancial institutions, large corporations, banksCorporations, banks, credit agencies
Common Search & ComparisonYesYes

The Vice President Credit typically holds a senior leadership role focused on strategic credit policies and high-level decision making, often requiring advanced degrees and extensive experience. Credit Managers handle day-to-day credit operations, managing teams and credit approval processes. While both roles involve credit analysis, the VP Credit is more strategic and executive-oriented, whereas the Credit Manager is operational and team-focused.

What are typical challenges faced by a vice president credit when managing risk across a diverse portfolio?

A Vice President of Credit often navigates challenges such as ensuring consistent risk assessment standards across various regions or business units, adapting to changing market conditions, and responding to evolving regulatory requirements. Balancing the need for profitable lending with risk mitigation can be complex, especially in volatile markets. The role also involves fostering collaboration between credit analysts, relationship managers, and executive leadership to maintain portfolio quality while supporting business growth.

What does a vice president credit do?

A Vice President of Credit is a senior executive responsible for overseeing a company's credit policies, risk management, and lending procedures. They lead teams that evaluate the creditworthiness of potential clients, set credit limits, and ensure compliance with regulations. Their role also involves developing strategies to minimize bad debt and maximize profitable lending opportunities, as well as collaborating with other departments to support overall business goals.

What cities are hiring for Vice President Credit jobs?

Cities with the most Vice President Credit job openings:

What are the most commonly searched types of Credit jobs?

The most popular types of Credit jobs are:

What states have the most Vice President Credit jobs?

States with the most job openings for Vice President Credit jobs include:

What job categories do people searching Vice President Credit jobs look for?

The top searched job categories for Vice President Credit jobs are:

Vice President Credit jobs near you
Infographic showing various Vice President Credit job openings in the United States as of August 2026, with employment types broken down into 1% Internship, 82% Full Time, 16% Part Time, and 1% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $157,532 per year, or $75.7 per hour.

Vice President, Credit

National Equity Fund

Chicago, IL • On-site

$150 - $230/hr

Other

Posted 18 days ago

Job description

Job Details

Job Location: Corp. Office - Chicago, IL - Chicago, IL 60661
Position Type: Full Time
NATIONAL EQUITY FUND, INC. is a leading non-profit syndicator of Low-Income Housing Tax Credits (LIHTC) with a mission to create and deliver innovative, collaborative financial solutions to expand the creation and preservation of affordable housing.


The Vice President of Credit is responsible for credit and underwriting reviews for assigned Low-Income Housing Tax Credit (LIHTC) project investments, including support for NEF’s Investment Review Committee process and investor inquiries Plays a key role in approving NEF bids for 200+ LIHTC projects/year, as part the NEF Credit team, working collaboratively with Project Management, Originations, and Investor Relations departments.


ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Guide and advise project management staff to assist in structuring LIHTC project investments and NEF lending and other products as part of NEF’s underwriting process, ensuring alignment with NEF’s and investors’ credit policies.

  • Oversee the production of written investment proposals/credit analyses for project investments for NEF’s Investment Committee, addressing potential risks and assisting with responses to questions from the Committee.

  • Oversee responses to investor inquiries regarding project investments, lending products, sponsors, and guarantors.

  • Participate in post-closing analyses and credit review of changes to project investments,

  • Responsible for initial credit review of proposed LIHTC projects as part of a dynamic, interactive bid review process. Credit review will include an analysis of project-level underwriting criteria, developer capacity, guarantor analysis, investor-specific requirements, and deal-specific characteristics to determine critical questions to be raised and addressed prior to bid approval. The scope of the initial credit review may also include NEF lending and other products, as assigned.

  • Utilize NEF’s database system during bid review process to request additional information and coordinate internal responses and signoffs.

  • Take initiative to coordinate outside of the database system, when necessary, with Investor Relations, Originations, and Credit to facilitate review of a project for bid and ensure projects can be ready to launch in a timely manner.

  • Work concurrently with Modeling Managers to troubleshoot technical issues for projects going through bid review.

  • For each bid, evaluate previous NEF history with the developer to determine reasonableness of deal terms proposed by originator for the bid.

  • Provide detailed launch memo for each bid with approved terms and language.

  • Responsible for optimizing the bid review process to increase efficiency.

  • Makes credit decisions within bid review and LOI negotiations, as authorized.

  • Provide ongoing training to staff on credit review, analysis, and standards to ensure consistency, accuracy, and adherence to best practices.

  • Foster a culture of collaboration, innovation, and accountability within the credit team.

  • Provide mentorship to strengthen team expertise, foster professional growth, and advance the organization’s credit management objectives.

  • Future management responsibilities of Credit staff as a growth opportunity.

  • Other duties as assigned.


MINIMUM KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:

  • Education: Bachelor’s degree in Business, Accounting or a related field; Masters designation preferred.

  • Experience: 5-7 years in credit analysis, underwriting, and/or structuring of real estate transactions. Specific knowledge of Section 42 projects is required.

  • Skills:


    • Exceptional communication skills.

    • Deep understanding of LIHTC investments.

    • Strong analytical, transactional, writing, and problem-solving skills, with a focus on delivering solution-driven results.

    • Ability to manage multiple tasks, prioritize effectively, and thrive in a fast-paced, collaborative team environment to meet demanding schedules.

    • Comprehensive knowledge of the accounting practices and organizational structures of non-profit and for-profit real estate developers.

    • Proven ability to train and collaborate effectively with staff across all levels.

    • Skilled in Excel with the ability to quickly learn and effectively use proprietary software.



We offer a competitive salary, along with a comprehensive benefits package.


NEF IS AN EQUAL OPPORTUNITY EMPLOYER


Qualifications

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