Credit Officer, Vice President - Community Development Real Estate

Testing Site - JPMC; Houston (TX); On-site; USD 120,000 - 160,000; Full time

Job summary

JPMorgan Chase in Houston seeks an Affordable Housing Credit Officer within the Community Development Real Estate team to 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, collaborating with developers, syndicators, public agencies, and internal teams.

Qualifications

• 6+ years of experience in community development real estate lending or investing with a focus on affordable housing.
• Demonstrated underwriting expertise in 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; ability 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 CRA mission and familiarity with lending activities supporting community impact goals.

Responsibilities

• Lead end-to-end risk analysis 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 risk analysis 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; elevate issues with timely, data-driven guidance.
• Maintain meticulous documentation and data integrity across systems to support controls, audits, and reporting.

Skills

Community development lending

LIHTC underwriting

Credit risk analysis

Cross-functional leadership

Financial modeling

Stakeholder management

Executive communication

Deal structuring

Portfolio management

Attention to detail

Education

Bachelor’s degree in finance, real estate, economics, or related field

Master’s degree in real estate, finance, public policy, or related discipline

Tools

Microsoft Office

Job description

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 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.

Job Responsibilities

• Lead end‑to‑end risk analysis 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 risk analysis 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; elevate issues with timely, data‑driven guidance.
• Maintain meticulous documentation and data integrity across systems to support controls, audits, and reporting.
  

Required Qualifications, Capabilities, and Skills

• 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.
  

Preferred Qualifications, Capabilities, and Skills

• 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.