Midwest BankCentre is proud to be recognized as one of St. Louis’ Top Workplaces for the past 5 years! 

Are you ready to lead with purpose and make a real impact on our community? Join Our Team and Make a Difference at Midwest BankCentre!

Why Midwest BankCentre? Our company culture is all about engagement and collaboration with our teams. We value diversity, inclusion, and innovation. When you join Midwest BankCentre, you're not just joining a company; you're joining a community of like-minded individuals who are dedicated to making a positive impact.

We are committed to making meaningful, long-term investments in communities that lift everyone up so we can all RISE TOGETHER. Our commitment to shared prosperity, our investment in Community and Economic Development and our dedication to diversity and inclusion are reflected is the ways Midwest BankCentre lives its purpose.

Position Summary

The SVP, Director of Tax Credit Strategies is a strategic leader responsible for advancing Midwest BankCentre’s mission of inclusive growth and financial empowerment through specialized expertise in federal and state tax credit programs. This role serves as the Bank’s subject matter expert (SME) on Low-Income Housing Tax Credits (LIHTC), New Markets Tax Credits (NMTC), and other Community Development Entity (CDE) opportunities.

This role will lead Midwest BankCentre’s evolving tax credit strategy, including oversight of the newly formed Rising Together CDE, LLC, future CDFI initiatives, and existing LIHTC and HTC portfolios. This executive will be responsible for securing and deploying New Market Tax Credit (NMTC) allocations, building a high-performing team, and driving community impact through innovative capital solutions. The SVP will cultivate partnerships with developers, community organizations, government agencies, and investors while ensuring regulatory compliance and maximizing community impact.

Objectives of this Role

• Serve as the Bank’s recognized expert in LIHTC, NMTC, and related community development tax credits.
• Lead Rising Together CDE, LLC, including governance, board engagement, and compliance.
• Develop and execute the Bank’s tax credit investment strategy, from application through deployment.
• Strengthen Midwest BankCentre’s national reputation as a trusted, innovative partner in community and economic development finance.
• Build and expand strategic relationships with developers, nonprofits, government agencies, and investors to advance MBC’s $200M+ community development commitment.
• Serve as a visible leader and brand ambassador, representing MBC at industry conferences, boards, and community forums.
• Partner with internal leadership, including Finance, Risk, Legal, and Lending teams, to structure complex deals that align with MBC’s business strategy, compliance requirements, and risk appetite.

Essential Functions

Strategic Leadership

• Develop and execute a comprehensive tax credit strategy aligned with Midwest BankCentre’s mission and growth objectives
• Serve as the primary leader for Rising Together CDE, LLC, including coordination with its advisory board
• Guide future CDFI efforts and evaluate opportunities for expansion

NMTC Program Oversight

• Lead the NMTC application process for Rising Together CDE, LLC
• Cultivate relationships with stakeholders, advisory board members, and community partners
• Upon allocation, build and manage a team to deploy NMTC investments effectively
• Ensure compliance with federal regulations and reporting requirements

Portfolio Management

• Oversee the Low-Income Housing Tax Credit (LIHTC) portfolio, including debt and equity investments
• Oversee the Historic Tax Credit (HTC) portfolio, including debt and equity investments
• Monitor performance, risk, and impact of all tax credit investments

Cross-Functional Collaboration

• Partner with internal teams (e.g., lending, compliance, finance) to integrate tax credit strategies
• Represent Midwest BankCentre in industry forums, conferences, and regulatory discussions
• Provide thought leadership and training across the organization

Competencies

• Community & Economic Development Expertise
• Tax Credit & Financial Structuring Knowledge (LIHTC, NMTC, CDE governance)
• Customer Centric Focus
• Collaboration & Teamwork
• Results Oriented / Execution
• Act with Integrity
• Strong Business Acumen in Banking & Finance
• Strategic Relationship Management

Skills and Qualifications

• Bachelor’s degree required; Master’s degree in business, finance, public policy, or related field preferred.
• Minimum 10–15 years of experience in community development finance, tax credit programs, or related banking/finance leadership.
• Demonstrated success leading NMTC, LIHTC, and CDE programs, including application, award, and compliance.
• Deep understanding of federal tax credit programs and community development finance
• Strong strategic thinking, leadership, and team-building capabilities
• Excellent communication and stakeholder engagement skills
• Ability to navigate complex regulatory environments
• Proven track record of structuring and closing complex financial transactions with multiple stakeholders.
• Strong knowledge of CRA, CDFI Fund programs, and federal/state regulatory frameworks.
• Exceptional leadership, communication, and relationship-building skills, with the ability to influence across sectors.
• Strategic thinker with the ability to balance mission impact and business performance.

Physical Demands

This role requires the ability to travel to community meetings, conferences, and partner sites across the region and occasionally out of town.

Other Duties

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities. Duties and responsibilities may change at any time with or without notice.

Ready to Make Your Mark? If you're passionate about banking with a purpose and ready to take the next step in your career, we want to hear from you! This is an excellent opportunity for individuals with commercial credit experience who are eager to contribute to our community-focused mission.

Why Join Us:

• Community Focus: Be part of a community bank that values and actively supports the St. Louis area.
• Competitive Compensation: We offer a comprehensive salary and benefits package.
• Professional Growth: Opportunities for continuous learning and development.
• Impactful Work: Play a key role in shaping the credit strategy and success of our organization.
• Collaborative Culture: Work in a supportive and dynamic environment that values teamwork and innovation.

Don’t meet every single requirement? 

If you’re excited about this role but your experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be the right candidate for this or other Midwest BankCentre roles!

Equal Opportunity Employer

Midwest BankCentre is an equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities. 

We thank all applicants in advance for their interest in this position and Midwest BankCentre. Only applicants selected for an interview will be contacted.