Vice President, Community Development Lending & Investments

VICE PRESIDENT, COMMUNITY DEVELOPMENT LENDING & INVESTMENTS (AFFORDABLE HOUSING)

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

We're seeking a future team member for the role of Vice President, Community Development Lending & Investments (Affordable Housing) to join our Credit Services – Real Estate team. This role is located in Pittsburgh, PA.

In this role, you’ll make an impact in the following ways :

Own the deal cycle

– originate, structure, underwrite and close sizable construction loans and LIHTC equity investments.

Manage the portfolio

– actively manage a book of loans and investments, including regular site visits, requisition approvals and hands-on risk monitoring.

Build trusted relationships

– serve as a primary point of contact for developers, LIHTC syndicators, third-party consultants, external counsel and credit-risk partners.

Drive cross-sell

– collaborate with business-development teams across BNY’s lines of business to deepen client relationships and unlock new revenue.

Stay ahead of risk

– surface emerging credit issues, complete periodic reviews, update borrower ratings and satisfy all regulatory reporting requirements.

Champion community finance

– leverage federal, state and local subsidy programs used to finance the development of high-quality affordable housing for LMI households.

To be successful in this role, we’re seeking the following :

7-8 years in commercial real-estate lending, community development finance or related banking roles.

Bachelor’s degree in Finance, Economics or a similar field; MBA, CFA or comparable advanced coursework strongly preferred.

Track record underwriting construction loans and / or LIHTC equity investments.

Familiarity with federal and state affordable-housing programs and subsidy sources.

Exceptional relationship-management, negotiation and presentation skills.

Attention to detail, with the ability to juggle multiple priorities and deadlines.

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Here’s a few of our recent awards :

America’s Most Innovative Companies, Fortune, 2025

World’s Most Admired Companies, Fortune 2025

“Most Just Companies”, Just Capital and CNBC, 2025

Our Benefits and Rewards :

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity / Affirmative Action Employer - Underrepresented racial and ethnic groups / Females / Individuals with Disabilities / Protected Veterans.