Job Information
JPMorgan Chase Senior Banker - Community Development Financial Institution, Intermediaries Lending in Washington, District Of Columbia
Senior Banker - Community Development Financial Institution (CDFI), Intermediaries Lending
The Intermediaries Lending (IL) Group is part of Chase's Community Development Banking Team, which delivers financial products to support development and revitalization of low and moderate income communities. The Intermediaries Lending Banker will be part of the team that manages the bank's Community Development Financial Institution (CDFI) lending initiatives, which is part of Chase's Commercial Bank. The position will work with multiple lines of business within Chase including New Markets Tax Credit (NMTC) investing, Community Development Real Estate lending, Government & Non-Profit Banking, and Corporate Responsibility to support client relationships.
As a Senior Banker - Community Development Financial Institution, Intermediaries Lending within Chase's Community Development Banking Team, you will have the responsibility for identifying, structuring, and closing credit facilities for Community Development Financial Institutions. You will also support the Treasury Services and other banking needs of CDFI clients. In this role, you will work in a fast-paced, entrepreneurial atmosphere that requires flexibility and attention to detail. You will have the opportunity to independently manage a client portfolio of CDFI clients and prospects to meet their borrowing, TS, and other banking needs.
Job responsibilities):
Independently manage a client portfolio of CDFI clients and prospects to meet their borrowing, TS and other banking needs
Support business development to expand and deepen CDFI relationships, work with internal partners to increase lending, investing and TS with clients and prospects
Conduct due diligence and work with the risk underwriting team to prepare approval documents for CDFI credit facilities.
Manage CDFI loan closing documentation through coordination between the client and internal and external legal counsel
Create proposed capital stack solutions for transactions involving multiple sources of capital, including NMTC equity, tax increment financing, grants, and credit enhancement sources
Lead CDFI loan syndication teams consisting of internal and external partners to structure and close financings involving multi-bank loan participations
Develop and maintain relationships with target CDFI clients and prospects
Participate in meetings with customers and internal management
Liaison with internal business groups
Required qualifications, capabilities, and skills
10 plus years of credit analysis, structured finance or intermediary lending experience
Strong analytic and writing skills
Excellent project management skills with the ability to multi-task
Excellent interpersonal, communication and teamwork skills
Strong computer skills, including Excel, Word and PowerPoint
Demonstrated ability to work independently and within the context of a deal team
Demonstrated ability to motivate others to achieve client and deal team goals.
Demonstrated ability to identify obstacles and quickly create solutions
Bachelor Degree required
Preferred qualifications, capabilities, and skills
MBA or advanced degree preferred, but not required
Knowledge of and experience with CDFIs strongly preferred.
JPMorgan Chase & Co., 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 over 200 years and today 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 based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include 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 will be provided during the hiring process.
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. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
New York,NY $180,500.00 - $300,000.00 / year