JPMorganChase · 2 weeks ago
Associate Banker-Community Development Banking- Associate
Tampa, FL
Full-time
Onsite
Entry, Mid Level
2+ years expJPMorgan Chase is a leading financial institution that provides innovative financial solutions. They are seeking a Community Development Banking Senior Associate to support the underwriting and approval process for loans related to affordable housing and economic development projects.
Asset ManagementBankingFinancial Services
Responsibilities
Work with the team of Originating Bankers to gather all project related documentation, prepare credit committee pitch packages, Letters of Interest, and Term Sheets. Duties will include analysis and adjustment, as necessary, of development budgets, operating statements, rent schedules, construction flow of funds, relevant personal and corporate financial statements, operating statements, market studies and other third-party reports
Work collaboratively with the assigned underwriter through the credit approval process, including closing calls, due diligence collection, and internal reporting requirements
Review legal documentation associated with the transaction prior to closing to determine accuracy of information and consistency with the terms of credit approval
Assist in handling client meetings and/or calls related to specific financings, and attend JPM Chase sponsored events and other affordable housing industry events, both during and after business hours
Maintain awareness of construction progress (appropriateness of draw requests, adequacy of debt and equity sources, time delays, cost overruns, usage of contingency funds, potential negative equity adjusters, and compliance with loan documents)
Qualification
Required
2.5+ years' experience in the financing of commercial real estate transactions including familiarity with the financing of mixed income and affordable housing development projects
Experience with Federal, State and Local Affordable Housing/LIHTC financing programs required
BA/BS degree
Ability to interact favorably in person and on the telephone with prospects, clients, consultants, government agency staff, and legal counsel
Ability to work as a member of a team and adjust priorities as necessary to achieve team, as well as individual, goals
Excellent written and verbal communication skills
Strong PC skills; proficient in MS Word, Excel, PowerPoint, and Outlook
Limited travel is required, occasionally overnight
Preferred
Formal bank credit training
Knowledge of standard bank credit policies and loan administration procedures
Benefits
Comprehensive health care coverage
On-site health and wellness centers
A retirement savings plan
Backup childcare
Tuition reimbursement
Mental health support
Financial coaching
Company
JPMorganChase
With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.
10001+ employees
H1B Sponsorship
JPMorganChase has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
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2025 (3471)
2024 (3469)
2023 (3395)
2022 (3594)
2021 (2515)
2020 (2495)
Funding
Current Stage
Public CompanyTotal Funding
unknown1998-02-01IPO
Leadership Team
Allison Beer
CEO of Card Services and Connected Commerce
Dan Mendelson
CEO, Morgan Health
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