Structured Finance Management – Community Development Banking – Commercial Real Estate Sr Associate
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Job Location:
Chicago, IL - USA
Monthly Salary:
$ 89300 - 124000
Posted on:
28 days ago
Vacancies:
1 Vacancy
Job Summary
Join our successful team dedicated to investing in New Markets Tax Credit (NMTC) projects. As aStructured Finance Management Associate you will play a key role in managing the banks New Markets Tax Credits (NMTC) and State Tax Credits initiatives. You will serve as the primary point of contact for Community Development Entities (CDEs) and project borrowers (QALICBs) following the closing of a New Markets Tax Credit transaction. Additionally you will act as the business-side liaison between our clients and the internal groups that service our Tax Credit transactions. The ideal candidate will excel in a fast-paced entrepreneurial environment showcasing adaptability and keen attention to detail.
Job Responsibilities
- Preparecredit approval documents for Community Development Tax Credit equity investments
- Closing execution with other Project team members
- Work closely with the Project Team members Chase Credit and Legal on distressed projects
- Assist in creating monthly quarterly and semi-annual investment reports.
- Perform reporting of community development project impact and program reporting to the U.S. Treasury.
- Maintain ticklers for internal and external reporting.
- Assist in program compliance reviews and manage organizational tasks required during the closing of New Market Tax Credit investments.
- Collaborate with QALICBs CDEs and lenders post-close to ensure accurate transaction flow during the 7-year compliance period.
Required qualifications skills and capabilities
- 2-4 years of experience in banking lending or credit.
- Completion of a major corporate bank credit training program (or the equivalent corporate banking/corporate finance experience) preferred.
- Strong analytical and writing skills.
- Excellent interpersonal communication and teamwork abilities.
- Proficient in computer skills.
- Bachelors degree preferred.
Preferred qualifications skills and capabilities
- Bachelors degree preferred.
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.
Required Experience:
Senior IC
Key Skills
- EAM
- Economics
- IT Business Analysis
- Information Security
- Android Development
About Company
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 ov ... View more
