Associate Banker-Community Development Banking- Associate

Become an integral part of a team that proudly supports vibrant and diverse neighborhoods by providing loans, investments, and services for low‑ and moderate‑income households and communities nationwide. J.P. Morgan Chase's Community Development Banking (CDB) business is a national leader in community development finance for affordable housing and economic development projects. CDB offers financing for projects of any size and complexity, including construction financing, bridge loans, acquisition loans, letters of credit to support bond transactions, and long‑term permanent financing for Low Income Housing Tax Credit (LIHTC) developments and bond purchases.

Clients include for‑profit and not‑for‑profit developers, government entities, and community‑based organizations.

As a Community Development Banking Associate within our Commercial Real Estate team, you will provide support and assistance in the underwriting and approval process for acquisition, construction, and/or permanent loans sourced by senior banker colleagues. You will report to a CDB Banker and support all members of the Los Angeles team.

• Work with Originating Bankers to gather project documentation, prepare credit committee pitch packages, Letters of Interest, and Term Sheets.
• Analyze and adjust development budgets, operating statements, rent schedules, construction flow of funds, financial statements, market studies, and third‑party reports.
• Collaborate with underwriters through the credit approval process, including closing calls, due diligence collection, and internal reporting.
• Review legal documentation prior to closing for accuracy and consistency with credit approval terms.
• Assist with client meetings/calls related to financings and attend JPMChase and industry events.
• Monitor construction progress, including draw requests, funding adequacy, time delays, cost overruns, contingency fund usage, and compliance with loan documents.

• 2.5+ years' experience in financing commercial real estate transactions, including mixed‑income and affordable housing development projects.
• Experience with Federal, State, and Local Affordable Housing/LIHTC financing programs.
• BA/BS degree.
• Strong interpersonal skills for client and stakeholder interaction.
• Team player with flexibility to adjust priorities as needed.
• Excellent written and verbal communication skills.
• Proficient in MS Word, Excel, PowerPoint, and Outlook.
• Limited travel required, occasionally overnight.

• Formal bank credit training.
• Knowledge of standard bank credit policies and loan administration procedures.

Base salary for this role ranges from $115,000 to $145,000 per year, based on role, experience, skill set, and location. In addition to base pay, eligible employees may receive commission‑based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity. A comprehensive benefits package is offered, including health care coverage, on‑site wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching, and more.

This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorgan

Chase's review of criminal conviction history, including pretrial diversions or program entries.

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. JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans Base Pay/Salary.