Jerri E. Email & Phone Number

IFF provides loans, consulting, and development support to mission-driven nonprofits to help communities thrive. Key to our success has been a deep sense of purpose, a broad perspective, and a relentless focus on achieving positive results.

Chicago

Greater Chicago Area

New Markets Support Company (NMSC) is a LISC subsidiary investing $1B+ in economic capital to distressed U.S. communities for 14+ yearsSENIOR CREDIT OFFICERResponsible for developing and executing the credit culture for Firm. • Enhanced outside investors NMSC’s product/risk appetite knowledge by creating a comprehensive Credit and Risk Policy and Procedures manual that was also the only internal documented framework clarifying Firm’s credit philosophy/process.• Streamlined by 60% process times by revamping Firm’s credit process, standardizing forms, delineating accountability, etc.• Established a training curriculum for Credit, Asset Management, and Operations personnel.• Introduced a graphically apparent loan risk rating system that immediately captured portfolio improvements/deteriorations.

Greater Chicago Area

Seaway Bank and Trust Company was the largest minority and woman-owned U.S. bank with $300M+ assets in Illinois/Wisconsin.CHIEF CREDIT OFFICER/SENIOR DIRECTORManaged up to 30 credit, lending, and operations professionals.• Led reduction of both non-performing and classified assets by 50% each within a year. • Increased loans in litigation settlements by 20% within a year.

Greater Chicago Area

Providence Bank & Trust (fka Urban Partnership Bank, fka ShoreBank) is a stewardship-based urban community development bank with $1B+ in assets.SENIOR PORTFOLIO MANAGER (2014 – 2015)• Successfully restructured two of the Bank’s largest loan relationships, garnering accolades from senior executives for results.• Effectively restructured, underwrote, and closed $40M in inherited originated loans.SENIOR UNDERWRITER (2012 – 2014)• Profitably underwrote 70% of new commercial loans in first month of joining the Commercial Lending team.• Led and closed a challenging $1.8M new loan volume negotiation with a Bank key client.COMMERCIAL REAL ESTATE LENDER (2011 – 2012)• Closed the first and single largest term loan transaction for Commercial Real Estate department.ASSISTANT VICE PRESIDENT (2007 – 2011)• Saved Bank almost $400M via guiding/closing a difficult negotiation and securing a third-party guarantee of a riskier loan.• Enhanced mortgage/commercial loan collections and increased by 50% reporting efficiencies with software implementation.• Transformed a nonprofit foreclosure into only a partial write-off by identifying/securing a cash buyer for underlying collateral.SENIOR CREDIT ANALYST (2005 – 2007)• Reduced by about $3M Bank’s balance sheet exposure by executing the first and only tax-exempt bond financing transaction.Started career with GE Capital (fka Heller Financial) completing formal credit training and managing a distressed loan portfolio.

Master Of Business Administration (Mba), Finance, Strategy

Bachelors, Accounting