Risk Management - Community Development Real Estate Credit Officer - Vice President

JPMorgan Chase & Co.; New York (NY); On-site; USD 140,000 - 210,000; Full time

Job summary

JPMorgan Chase & Co. is seeking an Affordable Housing Credit Officer to lead the credit lifecycle for affordable multifamily projects. You will structure transactions, drive closings, and manage portfolio performance from construction through stabilization. Collaborate with developers, agencies, and internal teams to ensure timely, high-quality outcomes.

The role emphasizes risk analysis, LIHTC expertise, and effective communication with senior management and stakeholders.

Qualifications

• Underwrite LIHTC and layered financing with attention to credits and subsidies.
• Lead risk analysis for affordable housing transactions and complex deals.
• Demonstrate strong financial modeling and presentation skills.
• Collaborate across Legal, Portfolio Management and Risk teams.

Responsibilities

• Lead end-to-end risk analysis of affordable housing transactions and project economics.
• Prepare and defend credit packages to senior management and credit committees.
• Coordinate closings, monitor covenant tracking, and manage portfolio draws.
• Mentor peers and drive best practices across the team.

Skills

LIHTC underwriting

Credit analysis

Stakeholder management

Financial modeling

Team leadership

Education

Bachelor's in finance/real estate/economics

Master's degree (preferred)

Tools

Microsoft Office

Job description

Bring your expertise to JPMorgan Chase. As part of Risk Management,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; escalates 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:

• 4+ 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.