VP, Affordable Housing Credit Lead

Testing Site - JPMC; New York (NY); On-site; USD 120,000 - 190,000; Full time

Job summary

JPMorgan Chase seeks an Affordable Housing Credit Officer in 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, partnering with developers, agencies, and internal teams for timely, high‑quality outcomes.

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; 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.
• Commitment to the CRA mission and familiarity with how lending activities support 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

LIHTC underwriting

Credit analysis

Financial modeling

Leadership

Stakeholder management

Communication

Office suite

Education

Bachelor’s degree in finance/real estate/economics

Master’s degree (advantage)

Tools

Microsoft Office

Job description

JPMorgan Chase seeks an Affordable Housing Credit Officer in 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, partnering with developers, agencies, and internal teams for timely, high‑quality outcomes.