JP Morgan Chase & Co.

Asset Management Associate - Commercial Real Estate, Loan Servicing and Asset Management - Associate

JP Morgan Chase & Co.$80K — $95K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years in multifamily asset management or loan servicing
  • Detail-oriented with focus on accuracy
  • Knowledge of Fannie Mae and Freddie Mac servicing guides
  • Strong relationship-building skills for client experience
  • Ability to manage deadlines independently
  • Advanced Microsoft Excel skills including formulas and macros

Responsibilities

  • Support a multifamily loans portfolio and act as a contact point for borrowers
  • Respond to borrower inquiries ensuring quality service
  • Monitor loan performance and identify emerging risks
  • Execute key servicing processes like inspections and reserve requests
  • Conduct financial analysis on operating statements and submissions
  • Review inspections to spot collateral risks and necessary actions
  • Track delinquencies and service exceptions for timely follow-up

Benefits

  • Opportunities for professional growth and advancement
  • Access to a collaborative work environment
  • Support for continuous learning and development
  • Exposure to diverse projects within loan servicing and asset management
  • Engagement with experienced teams in the multifamily sector
Full Job Description
JOB DESCRIPTION

As anAgency Asset Management Credit Risk AssociateinLoan Servicing and Asset Management, you support the management and servicing of investor-owned multifamily loans by combining portfolio oversight, borrower support, process execution, and compliance activities. You help us identify emerging risks, apply sound judgment, and deliver a high-quality client experience while meeting loan document and servicing requirements. You may grow into a client-facing portfolio role or build deep expertise in core servicing processes, depending on business needs and development opportunities.

Job responsibilities

  • Support an assigned portfolio of multifamily loans and serve as a primary or secondary point of contact for borrowers and property management teams
  • Respond to borrower inquiries and servicing requests while delivering a high-quality client experience
  • Monitor loan performance and identify emerging risks through borrower communications, property performance, and servicing activity review
  • Execute core servicing processes such as reserve requests, repair disbursements, collateral loss requests, inspections, onboarding, portal registration, and interest rate cap administration
  • Perform financial analysis using operating statements, rent rolls, and borrower financial submissions
  • Review inspections and condition reports to identify collateral risks and required corrective actions
  • Track and follow up on delinquencies, covenant breaches, insurance deficiencies, and servicing exceptions
  • Support post-closing transactions such as assumptions and borrower consent requests
  • Assist with maturity management, borrower outreach, refinance readiness assessments, and maturity risk identification
  • Monitor process performance to help ensure work is completed accurately and on time
  • Collaborate across teams to strengthen client service and support shared outcomes

Required qualifications, capabilities, and skills

  • At least 3 years of relevant experience in multifamily asset management, loan servicing, credit risk, finance, or commercial real estate
  • Strong attention to detail and a consistent focus on accuracy
  • Familiarity with Fannie Mae and Freddie Mac Multifamily Servicing Guides and related systems and workflows
  • Ability to build relationships and deliver a best-in-class borrower experience
  • Ability to manage competing deadlines with minimal supervision
  • Proficiency in Microsoft Excel, including use of multiple formulas and macros

Preferred qualifications, capabilities, and skills

  • Experience with Fannie Mae and Freddie Mac multifamily servicing requirements and reporting
  • Understanding of forward commitments and bond credit-enhanced mortgages
  • Familiarity with low-income housing tax credits
  • Familiarity with mortgage-backed securities and tax-exempt bond structures
  • Strong Microsoft Excel proficiency

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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