JP Morgan Chase & Co.

Client Associate - Community Development Banking - Associate

JP Morgan Chase & Co. • $80K — $95K *
San Francisco, CA 94105In-Person
Finance & Insurance
Less than 5 years of experience
Reposted Today
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Job Overview by Ladders

Qualifications

  • 2.5+ years experience in financing commercial real estate transactions, especially in mixed income and affordable housing developments
  • Familiarity with Federal, State, and Local Affordable Housing/LIHTC financing programs
  • BA/BS degree required
  • Strong interpersonal skills for effective client and stakeholder interaction
  • Adaptable team player who can manage shifting priorities
  • Excellent written and verbal communication abilities
  • Proficiency in MS Office Suite, including Word, Excel, PowerPoint, and Outlook
  • Limited travel required, including occasional overnight trips

Responsibilities

  • Assist Originating Bankers by gathering project documents and preparing credit committee pitch packages
  • Analyze and adjust development budgets, operating statements, and financial documentation
  • Collaborate with underwriters during the credit approval process, including due diligence and reporting
  • Review legal documentation for accuracy and consistency with credit approval terms
  • Support client meetings and calls related to financing, and participate in industry events
  • Monitor construction progress and compliance with loan documents

Benefits

  • Exposure to a diverse range of commercial real estate financing projects
  • Participation in high-profile client meetings and industry events
  • Collaboration with experienced professionals within a supportive team environment
  • Opportunities for career development in a prestigious banking institution
  • Flexibility in work priorities and occasional travel opportunities
Full Job Description
JOB DESCRIPTION

As a Community Development Banking Associate within our Commercial Real Estate team, your initial responsibility will be to provide support and assistance in the underwriting and approval process for acquisition, construction, and/or permanent loans sourced by originations colleagues. You will report to a CDRE  Banker, but will support members of the originations and risk teams. 

Job Responsibilities

  • Gather, analyze, and maintain client, sponsor, and deal information, including system updates and record completeness.
  • Support pitch preparation by helping evaluate deal terms, project budgets, market context, development team, and overall economics.
  • Prepare LOIs/term sheets and related client documentation in partnership with the Credit Originator.
  • Build draft profitability models and partner with the originations team to finalize outputs.
  • Coordinate due diligence collection, organization, and checklist tracking across shared folders and workstreams.
  • Facilitate appraisals and third-party reports by managing information flow and communicating costs/timelines, and next steps.
  • Coordinate internal stakeholder communications (e.g., Credit, CRELA, Legal, and other partners) to support onboarding and closing readiness.
  • Collect and review required documentation and coordinate KYC initiation and data submissions.
  • Track sponsor exposure, pipeline activity, allocations, deal status updates, and production reporting inputs.
  • Monitor deal progress and escalate issues that may impact closing or conversion timelines.

Required Qualifications, Capabilities and Skills

  • Experience in community development real estate lending or investing with a focus on affordable housing.

  • Demonstrated underwriting expertise in Low Income Housing Tax Credits (LIHTC), subordinate/public subsidy layers, and construction/permanent financing structures.

  • BA/BS degree

  • Strong analytical and financial modeling skills; capacity to synthesize complex information and assess risk

  • Track record of managing multiple transactions and deadlines with disciplined project management and follow through

  • 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 organizational, written, and verbal communication skills

  • Commitment to the CRA mission and familiarity with how lending activities support community impact goals.

  • Strong PC skills; proficient in MS Word, Excel, PowerPoint, and Outlook

Preferred Qualifications, Capabilities and Skills

  • Knowledge of standard bank credit policies and loan administration procedures 

  • Active industry engagement through conferences, associations, junior boards

  • Some experience closing complex, multi‑layered capital stacks with tax credits, bonds, and multiple subsidy sources.

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
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

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