Risk Management-Affordable Housing Credit Risk -Vice President

Job Summary:

 

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 an Affordable Housing Portfolio manager on the Community Development Real Estate credit team, you will play an integral role in the bank’s Community Reinvestment Act (CRA) mission by financing affordable housing.  You will be responsible for independent oversight of a portfolio of commercial real estate affordable housing credits and relationships. 

 

Job Responsibilities

• Conduct in-depth monitoring and compliance on loans, covenants and projects under construction & stabilized
• Prepare annual review package, including thorough analysis of guarantors/sponsors and collateral
• Maintain system data ownership and integrity for internal reporting, portfolio reviews and criticized loan management
• Conduct loan modifications as needed with limited supervision including preparation of credit analysis and review of legal documentation
• Collaborate and communicate with clients and business partners, with a high degree of professionalism
• Lead projects and serve as a mentor for less experienced individuals

 

Required qualifications, capabilities, and skills

• Bachelor’s or Master’s degree
• 5+ years of experience in affordable housing finance, including Low Income Housing Tax Credits and subsidy financing
• Experience in lending, credit analysis, underwriting, and/or portfolio management
• Knowledge of loan documents, transactions and underwriting
• Highly motivated, detail-oriented self-starter with the ability to work both independently and as part of a team comprised of local and remote colleagues 
• Ability to work under critical time constraints while managing multiple deadlines

 

Preferred qualifications, capabilities, and skills

• Completion of a formal credit training program
• Experience with ground-up construction, value-add, and stabilized asset types
• Passion for affordable housing
• Advanced Excel skills

JPMorganChase, 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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans