Risk Management - Real Estate Credit Risk Associate

Overview

Bring your expertise to JPMorganChase in Risk Management and Compliance, where you help keep the firm strong and resilient by anticipating new and emerging risks and applying expert judgement to real world challenges that affect our company, customers and communities. Our culture within Risk Management and Compliance emphasizes innovative thinking, challenging the status quo and pursuing best in class performance. As a Real Estate Credit Risk Associate on the Commercial and Investment Bank (CIB) Real Estate Credit Risk Team, you will collaborate closely with top product bankers and other risk professionals. Based in Chicago, IL 60603, your core responsibilities include independent risk assessment and credit approval of loans and lending related transactions. The client base spans leading real estate, lodging, gaming, homebuilding and real estate services companies. The credit products we manage and monitor include corporate recourse traditional credit products (revolving credit facilities and term loans), real estate asset level financings, whole loan repos, risk retention, derivatives and treasury lines.

Your responsibilities

• Conduct credit analysis and support senior credit officer approval of lending and trading related transactions, including operating exposures, individually or as part of a deal team
• Create written credit approval documents that present historical financial statement information, related financial analysis, and projections of future cash flows for large corporate borrowers
• Develop a well-informed, forward-looking view of the business, financials and risks associated with a company and its sector
• Manage and monitor a portfolio of client credit exposures across industry classes on an ongoing basis
• Participate in negotiating, finalizing, and executing documentation for loans and derivatives
• Review and assign risk ratings and maintain updated credit research on their portfolio of clients
• Manage the existing CRE portfolio and participate in portfolio management and surveillance projects

Required qualifications, capabilities and skills

• Bachelor’s degree in Finance, Accounting, Business, Economics or a related field
• Minimum 4 years of professional work experience in corporate or commercial credit, investment banking or relevant experience within financial services or risk advisory
• Academic training in accounting principles, corporate finance, capital markets products and macroeconomics
• Strong financial analysis and modeling skills
• Exceptional verbal and written communication and interpersonal abilities
• Proficiency in Microsoft Office Suite, including Excel, PowerPoint and Word

Preferred qualifications, capabilities and skills

• Prior experience within a major corporate bank credit team and/or credit rating agency
• Prior lending experience in real estate or corporate credit

About Us

JPMorganChase, one of the oldest financial institutions, delivers innovative financial solutions to millions of consumers, small businesses and many of the world’s leading corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and 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 by the role, experience, skill set and location. Eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in cash and/or forfeitable equity, based on individual achievements and contributions. We also provide a range of benefits and programs to meet employee needs, including 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 are provided during the hiring process. We are an equal opportunity employer and place a high value on diversity and inclusion. We do not discriminate on the basis of any protected attribute and we accommodate religious practices, mental health or disability needs. See our FAQs for information about requesting an accommodation.

Location

Chicago, IL 60603

About the Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions worldwide rely on us in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and delivers liquidity in markets around the world.