Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Credit Risk Vice President within the Community Development Banking group, you will be an Underwriter supporting the Impact Finance & Advisory (“IF&A”) team. This teams works with Community Development Financial Institutions (“CDFIs”) to deliver loan capital to advance inclusive economic growth in low-income communities. The IF&A team extends loans on more flexible terms to CDFIs whose geographic targets and missions align with the firm’s philanthropic objectives. Underwriters have multiple responsibilities, which include preparation and presentation of credit approval packages, account management, and portfolio management. There are also frequently opportunities for the Underwriter to work across business lines, including working with the Community Development Real Estate and New Markets Tax Credits teams to finance affordable housing and other community development projects.

Job Responsibilities: 

Analyze a CDFI’s audited financial statement and portfolio quality to assess its current strength and provide a summary of the organization’s current management, lending strategy and overall outlook.  Identify key credit risks in a transaction and communicate them in a clear and succinct manor. Prepare credit approval packages and present to Investment Committee for approval. Take a leadership role in closing new transactions including review of loan documentation.  Support the banking team in management of on-going client relationships and transactions. Engage directly with CDFI project-level and executive staff. Manage a portfolio of accounts and collaborate with the servicing and portfolio management teams. Support on-going valuation of loans within the portfolio.  Ensure regulatory compliance and timely maintenance of accurate books and records. 

Required qualifications, capabilities, and skills:

Minimum of eight years in a lending function with experience structuring complex transactions or commercial real estate credit BA/BS or Masters, with concentration in urban policy or management and/or accounting/finance/economics   Demonstrated passion for community development finance and/or social enterprise  Strong analytical and project management skills, with the ability to multi-task  Strong verbal and written communication Dexterity with Excel, Powerpoint and Word.  Excellent teamwork and customer service Ability to consistently deliver on commitments to colleagues and internal and external customers Ability to handle ambiguous problems and persist until problem is resolved Attention to detail Entrepreneurial spirit and comfort with ambiguity

Preferred qualifications, capabilities, and skills:

Advanced degree is preferred Knowledge of CDFIs and experience with their different programmatic lending areas (charter schools, health centers, small business, etc) Successful completion of credit training, understanding of commercial real estate, and knowledge of Community Development financing tools, including NMTCs and LIHTC Working knowledge of JPMC add-ins a plus