Credit Officer, Vice President - Community Development Real Estate

JPMorgan Chase & Co. • Houston, TX

12d

About The Position

Bring your expertise to JPMorgan Chase. As part of Risk Management and
Compliance, you are at the center of keeping JPMorgan Chase strong and
resilient. You help the firm grow its business in a responsible way by
anticipating new and emerging risks, and using your expert judgement to solve
real-world challenges that impact our company, customers and communities. Our
culture in Risk Management and Compliance is all about thinking outside the box,
challenging the status quo and striving to be best-in-class.

As an Affordable Housing Credit Officer in the Community Development Real Estate
team, you will lead the full credit lifecycle for construction and permanent
loans supporting affordable multifamily developments. You will structure,
underwrite, and present transactions; drive closings; and manage a portfolio
through construction, lease‑up, stabilization, and repayment. This role provides
the opportunity to influence best practices, mentor peers, and shape credit
decisions that align with risk appetite and community impact objectives. You’ll
partner closely with developers, syndicators, public agencies, and
cross‑functional internal teams to deliver timely, high‑quality outcomes.

Requirements

• 6+ years of experience in community development real estate lending or investing with a focus on affordable housing.
• Demonstrated underwriting expertise in Low‑Income Housing Tax Credits (LIHTC), subordinate/public subsidy layers, and construction/permanent financing structures.
• Proven leadership with the ability to set direction, drive accountability, and influence outcomes across cross‑functional teams.
• Strong analytical and financial modeling skills; capacity to synthesize complex information and make sound credit recommendations.
• Track record of managing multiple transactions and deadlines with disciplined project management and follow‑through.
• Excellent stakeholder management and customer service; trusted partner to clients and internal colleagues.
• Exceptional written and verbal communication skills, including preparation and delivery of executive‑level presentations.
• Acute attention to detail with strong documentation and control discipline.
• Proficiency in Microsoft Office (Excel, PowerPoint, Word) for modeling, presentation, and documentation.
• Bachelor’s degree in finance, real estate, economics, or 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 related discipline.
• Experience closing complex, multi‑layered capital stacks with 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; 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 underwriting of affordable housing transactions, including development budgets, sources and uses, and project economics.
• Prepare, present, and defend comprehensive credit packages to senior management and credit committees, clearly articulating key risks and mitigants.
• Evaluate and synthesize third‑party due diligence (appraisals, environmental, construction, market studies) and incorporate findings into credit decisions.
• Coordinate and manage transaction closings, driving timelines, documentation, and stakeholder alignment to on‑time funding.
• Identify, assess, and monitor credit risk throughout construction and lease‑up; implement proactive action plans where warranted.
• Manage an active loan portfolio, including construction draws, covenant tracking, annual reviews, and modifications.
• Establish and refine underwriting standards and best practices; champion accountability and continuous improvement across the team.
• Collaborate with internal partners (Legal, Portfolio Management, Risk, Operations, Tax Credit teams) and external parties (developers, syndicators, agencies).
• Conduct site visits and participate in industry events to maintain market knowledge and strengthen relationships.
• Present clear analyses, recommendations, and status updates to leadership; escalate issues with timely, data‑driven guidance.
• Maintain meticulous documentation and data integrity across systems to support controls, audits, and reporting.

Benefits

• We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location.
• Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.
• We also offer a range of benefits and programs to meet employee needs, based on eligibility.
• These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more.
• Additional details about total compensation and benefits will be provided during the hiring process.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level