Vice President, Community Development Real Estate Credit Officer Greater New York City, NY Area
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About the Role
Greater New York City, NY Area (On-site)(New York City, New York)
The Company is seeking a Vice President, Community Development Real Estate Credit Officer to lead the full credit lifecycle for affordable multifamily construction and permanent loans. Responsibilities include analyzing transaction risks and project economics, structuring and presenting credit recommendations, coordinating closings, and managing loans through construction, lease-up, stabilization, and repayment. The role also oversees portfolio activities such as construction draws, covenant tracking, reviews, and modifications, while establishing sound risk practices and maintaining accurate documentation. The Credit Officer will collaborate with internal and external stakeholders, provide clear guidance to senior leadership, and monitor market conditions. Candidates should have at least four years of experience in community development real estate lending or investing focused on affordable housing, with demonstrated underwriting expertise in Low-Income Housing Tax Credits, public subsidies, and construction and permanent financing. Strong financial analysis and modeling, leadership, project management, stakeholder engagement, communication, and documentation skills are required, along with proficiency in Microsoft Office. A bachelor’s degree in finance, real estate, economics, or a related field—or equivalent experience—is required, as is a commitment to community impact goals. An advanced degree, experience with complex capital stacks and construction risk, knowledge of housing agency programs, and experience presenting to credit committees are preferred.
Functions:
- Finance
Compensation
USD $114,000-$240,000 (salary) per year
About the Company
Diverse financial services firm & investment bank
Industry
Financial Services
Type
Public Company (JPM)
Age
employees
10,001+
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