Senior Community Development Banker- Commercial Real Estate - Executive Director

You are customer focused enjoy building relationships and providing financial advice to your clients. A role as a Community Development Banker is for you.

As a Community Development Banker within Commercial Real Estate you will be an integral part of the team that is proud to support vibrant and diverse neighborhoods by providing loans investments and services for low and moderateincome households and communities nationwide!

J.P. Morgan Chases Community Development Banking (CDB) business is a national leader in community development finance for affordable housing and economic development projects. Through ourresources CDB offers financing for projects of any size and complexityincluding construction financing bridge loans acquisition loans letters of credit to support bond transactions and longterm permanent financing for Low Income Housing Tax Credit developments and bond purchases. CDBs clients include: Forprofit and notforprofit developers; Government entities engaged in housing and economic development; and Communitybased organizations.

Job Responsibilities:

• Identify and proactively pursue appropriate debt and deposit opportunities
• Appropriately assess transactional risk via thorough knowledge of sponsor financial legal construction management and market issues
• Represent the Bank in negotiation of acceptable credit terms and structure for complicated transactions
• Work with a dedicated underwriting team to insure the timely completion of due diligence and preparation of comprehensive credit approval packages
• Work with closing staff and legal counsel to insure that the documentation for each transaction is accurate appropriate and consistent with the terms of credit approval
• Communicate with the loan administration unit to maintain awareness of construction progress appropriateness of draw requests adequacy of debt and equity sources time delays cost overruns usage of contingency funds and compliance with legal documents
• Surface issues as they arise with the client to ensure good customer service and adequate protection of the bank
• Represent the Bank professionally at industryrelated conferences and other such events

Required qualifications capabilities and skills:

• Seven plus years experience in the affordable housing industry
• Seven plus years experience structuring underwriting closing and administering commercial real estate construction loans for affordable multifamily housing
• Demonstrated success serving clients in the affordable housing industry
• Understanding and knowledge of standard bank credit policies and loan administration procedures
• Ability to work independently and with minimal supervision and direction
• Ability to interact favorably in person and on the telephone with prospects clients consultants government agency staff legal counsel and team members
• Ability to collaborate with the team and adjust priorities to achieve team as well as individual goals
• Excellent written and verbal communication skills
• Strong analytical and PC skills; proficient in MS Word Excel and PowerPoint
• Valid drivers license for periodic overnight domestic travel
• Bachelors degree required

Preferred qualifications capabilities and skills:

• MBA degree and formal credit training preferred
• Strong familiarity with the market