Job Information
JPMorgan Chase Credit Risk Management - Associate Real Estate Banking Underwriter in Chicago, Illinois
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 contributing member of the deal team you will assist in the management of a portfolio of commercial real estate credits/relationships in a fast-paced, regulated environment. Candidates should have sound knowledge of credit and commercial real estate finance/lending with the expectation that these skills will be further developed while in this role. Strong analytical and business writing skills are necessary. Candidates should be able to manage certain transactions with little guidance and contribute to more complex transactions with guidance from senior staff. The role will have some customer contact so candidates should have solid communication skills.
Job Responsibilities
Performing necessary credit analysis and due diligence on real estate transactions.
Working with Credit Relationship Managers and Credit Origination Specialists to size and structure loans to mitigate risks.
Preparing Approval to Pitch Memorandums, Credit Approval Packages and Risk Rating recommendations
Work with loan administration and Credit Origination Specialists to facilitate loan closings
Work with Portfolio Management to ensure credit worthiness of Borrowers/Guarantors/Sponsors with appropriate risk grades assigned.
Ensuring compliance with established underwriting standards and guidelines, credit approval requirements, and other policies and procedures associated with new loan originations.
Communicating with clients on loan due diligence deliverables
Required Qualifications, Capabilities and Skills
3-5+ years of Commercial Real Estate credit and/or Commercial Banking lending experience.
BA/BBA required.
Strong analytical and business writing skills
Good interpersonal skills with internal partners, counsel, clients and senior management.
Accounting and finance knowledge, as well as knowledge of real estate fundamentals and concepts
Experience with Microsoft Office.
Experience with cash flow modeling and financial statement analysis.
Completion of a major corporate banking credit training program (or the equivalent corporate banking/corporate finance experience).
Preferred Qualifications, Capabilities and Skills
- Knowledge of JPMC or similar bank policies and procedures preferred
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans