Credit Risk Director, Community Development Banking - Executive Director

Testing Site - JPMC; San Francisco (CA); On-site; USD 180,000 - 240,000; Full time

Job summary

JPMorgan Chase, in its Risk Management and Compliance division, seeks a Credit Risk Director to lead the Community Development Banking team. You will manage credit officers, evaluate transactions, and oversee a portfolio of LIHTC projects from approval through permanent financing.

You will guide staff in preparing credit packages, ensure adherence to risk policies, and drive strong, well-supported credit decisions.

Qualifications

• 10+ years of experience in community development real estate.
• Experience in affordable housing finance, including Low Income Housing Tax Credits and subsidy financing.
• Excellent teamwork and customer service, consistently delivering on commitments to colleagues and clients.
• Leadership and analytical skills, with experience synthesizing information, developing recommendations, making decisions, and problem solving.
• Project management skills, demonstrating organization, timeliness, execution, and collaboration.
• Attention to detail.
• Proficiency in Microsoft Office.

Responsibilities

• Develop and lead a team of credit risk professionals in preparing and reviewing credit packages, including development budgets and project economics.
• Own the approval process for new loans, modifications and reviews; provide recommendations to senior management on complex transactions.
• Understand and apply firm risk management and control policies to ensure compliance and support decision-making.
• Contribute to LIHTC lending policies and guidance within the firm.
• Oversee accuracy and consistency of analyses conducted by direct reports.
• Emphasize attention to detail and high-quality work product in credit decisions.
• Manage project delegation, closing timelines and portfolio maintenance across Credit Officers.
• Understand third-party reports, construction loan documents, structuring and loan negotiation.
• Collaborate with external and internal stakeholders.
• Attend site visits and industry events.

Skills

Leadership

Analytical skills

Teamwork

Project management

Attention to detail

Microsoft Office

Education

Real estate finance / public policy degree

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 a Credit Risk Director in the Community Development Banking team, you will join a growing team of professionals who play an integral role in fulfilling the bank’s Community Reinvestment Act (CRA) mission by financing the construction of affordable housing. You will be responsible for managing a team of Credit Officers; and will take a leadership role in evaluating transactions and credit packages, closing transactions, and monitoring the team’s portfolio of projects through repayment and conversion to permanent financing.

Job Responsibilities

• Develop and lead a team of credit risk professionals in the preparation and review credit packages, including development budgets and project economics
• Take ownership of the approval process for new loans, modifications and reviews; provide thoughtful recommendations to senior management on more complex transactions.
• Develop a comprehensive understanding of the firm's risk management and control policies and guidelines to ensure compliance and support effective decision-making processes.
• Assist in the ongoing development of policies, procedures and guidance specific to Low Income Housing Tax Credit (LIHTC) lending and more broadly at the firm.
• Oversee and ensure the accuracy and consistency of analyses conducted by your direct reports.
• Emphasize to direct reports the importance of attention to detail, the need to maintain a high-quality work product, and that credit decisions are thoroughly thought out and well supported.
• Manage the delegation and distribution of projects, closing timelines and portfolio maintenance across Credit Officers
• Have strong understanding of third-party reports, construction loan documents, structuring and loan negotiation
• Collaborate and communicate with external and internal stakeholders
• Attend site visits and industry events

Required qualifications, capabilities, and skills

• 10+years of experience in community development real estate
• Experience in affordable housing finance, including Low Income Housing Tax Credits and subsidy financing
• Excellent teamwork and customer service, consistently delivering on commitments to colleagues and clients
• Leadership and analytical skills, with experience synthesizing information, developing recommendations, making decisions, and problem solving
• Project management skills, demonstrating organization, timeliness, execution, and collaboration
• Attention to detail
• Proficiency in Microsoft Office

Preferred qualifications, capabilities, and skills

• Master’s or bachelor’s degree with an emphasis on real estate finance or public policy are encouraged