Risk Management - Community Development Real Estate Credit Officer - Vice President
About The Position
As an Affordable Housing Credit Officer on JPMorgan Chase’s Community Development Real Estate team within Risk Management, you will lead the full credit lifecycle for construction and permanent loans supporting affordable multifamily developments. You will structure and present transactions, drive closings, and manage a portfolio through construction, lease-up, stabilization, and repayment. The position offers the opportunity to influence best practices, mentor peers, and shape credit decisions consistent with risk appetite and community impact objectives. You will work closely with developers, syndicators, public agencies, and internal cross-functional teams to deliver timely, high-quality outcomes. JPMorgan Chase describes Risk Management as helping the firm grow responsibly by anticipating emerging risks and applying expert judgment to challenges affecting the company, customers, and communities. The role is part of a firm that provides financial services to consumers, businesses, and institutional and government clients.
Requirements
- At least 4 years of experience in community development real estate lending or investing, focused on affordable housing.
- Underwriting expertise in Low-Income Housing Tax Credits (LIHTC), subordinate and public subsidy layers, and construction/permanent financing structures.
- Leadership ability to set direction, drive accountability, and influence outcomes across cross-functional teams.
- Strong analytical and financial modeling skills, including the ability to synthesize complex information and make sound credit recommendations.
- Experience managing multiple transactions and deadlines with disciplined project management and follow-through.
- Strong stakeholder management and customer service skills, and the ability to be a trusted partner to clients and internal colleagues.
- Excellent written and verbal communication skills, including preparing and delivering executive-level presentations.
- Strong attention to detail and discipline in documentation and controls.
- Proficiency in Microsoft Office, including Excel, PowerPoint, and Word.
- Bachelor’s degree in finance, real estate, economics, or a related field, or equivalent experience.
- Commitment to the CRA mission and familiarity with how lending activities support community impact goals.
Nice To Haves
- Advanced degree (Master’s) in real estate, finance, public policy, or a related discipline.
- Experience closing complex, multi-layered capital stacks involving tax credits, bonds, and multiple subsidy sources.
- Familiarity with construction risk management, draw processes, and budget monitoring best practices.
- Knowledge of local and state housing agency programs, HUD, and municipal financing tools.
- Experience with portfolio management systems and workflow tools, and comfort with data-driven reporting.
- Prior responsibility presenting to credit committees and senior risk leadership.
- Active industry engagement through conferences, associations, or thought leadership.
Responsibilities
- Lead end-to-end risk analysis of affordable housing transactions, including development budgets, sources and uses, and project economics.
- Prepare, present, and defend credit packages to senior management and credit committees, articulating key risks and mitigants.
- Evaluate third-party due diligence, including appraisals, environmental reviews, construction reviews, and market studies, and incorporate findings into credit decisions.
- Coordinate transaction closings, managing timelines, documentation, and stakeholder alignment to support on-time funding.
- Identify, assess, and monitor credit risk throughout construction and lease-up, and implement proactive action plans when warranted.
- Manage an active loan portfolio, including construction draws, covenant tracking, annual reviews, and modifications.
- Establish risk analysis standards and best practices and promote accountability and continuous improvement across the team.
- Collaborate with internal partners, including Legal, Portfolio Management, Risk, Operations, and Tax Credit teams, and external parties, including developers, syndicators, and agencies.
- Conduct site visits and participate in industry events to maintain market knowledge and strengthen relationships.
- Present analyses, recommendations, and status updates to leadership, and escalate issues with timely, data-driven guidance.
- Maintain accurate documentation and data across systems to support controls, audits, and reporting.
Benefits
- Competitive total rewards package, including base salary determined by role, experience, skill set, and location.
- Eligible roles may receive commission-based pay and/or discretionary incentive compensation in cash and/or forfeitable equity.
- Comprehensive health care coverage.
- On-site health and wellness centers.
- Retirement savings plan.
- Backup childcare.
- Tuition reimbursement.
- Mental health support.
- Financial coaching.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
