Commercial Bank Risk, Credit Risk VP

Summary

As a Credit Risk- Vice President you are a 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 Underwriting Vice President on the Community Development Banking (CDB) Real Estate Eastern Region Underwriting Team, you will play an integral role in the Bank's Community Reinvestment Act (CRA) mission by financing the construction of affordable housing. Clients include both for-profit real estate developers and not-for-profit entities across the Eastern Region. You will have multiple responsibilities, which include the preparation and presentation of credit approval packages, account management, and portfolio management. You will be expected to attend client events and meetings, conduct site visits, and take a leadership role closing transactions and preparing credit approval packages.

To prepare credit approval packages, you review cash flow forecasts, project budgets, financial statements, and third-party reports (appraisal/market studies, environmental reports, and PNA/construction reviews). You are then challenged to identify a transaction's key credit risks and communicate them in a clear and succinct summary memo.

Responsibilities

As an Underwriting Vice President, you will work as a team with CDB bankers to attend pre-closing conference calls with clients and attorneys, review and negotiate loan documents, and manage loan closings. Additionally, you will prepare and present modifications of existing credit facilities and work toward the successful conversion of projects to permanent financing.

In portfolio management, you report to management on projects under construction. Reports include annual reviews, facility reviews, and reports on adversely classified loans. You also monitor delinquencies and loan maturities and track covenant compliance.

Required Qualifications, Capabilities & Skills

• 5-7 years in a commercial real estate credit or lending function; experience with commercial clients and complex transactions.
• Knowledge/Education: BA/BS or Masters, with concentration in accounting/finance/economics/real estate/policy preferred.
• Working knowledge of affordable housing, subsidies, and LIHTC preferred.
• Excellent teamwork and customer service, consistently delivering on commitments to colleagues and customers.
• Strong analytical and project management skills.
• Strong communication skills.
• Computer skills, particularly Excel and Word.
• Attention to detail.

The final officer title and job grade is at the discretion of the Firm and will be discussed at the time of offer. It may be different than what is listed on the requisition based on candidate experience level.