Asset Management- Commercial Real Estate Debt Underwriter - Associate jobs in United States
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Chase · 3 months ago

Asset Management- Commercial Real Estate Debt Underwriter - Associate

J.P. Morgan Asset Management is one of the world's largest real estate investment advisors, managing over $70 billion in assets. As an Associate in the Real Estate Americas Debt Investment Team, you will identify and underwrite lending opportunities, formulate investment strategies, and develop relationships with key stakeholders in the real estate market.

BankingFinancial Services

Responsibilities

Underwrite potential lending opportunities for various funds and investment vehicles
Analyze investments up and down the capital stack, across multiple product types and risk profiles from senior loans to mezzanine investments
Create detailed and complex financial underwriting models for the financing of real estate investments
Assist with modifications and loan restructurings on an as needed basis
Perform property and market research through conversations with brokers, sponsors, market participants, and REA regional teams to understand the key risks of each investment and vet underwriting assumptions
Assist in execution of deals from underwriting through closing
Conduct site inspections
Participate in the preparation of internal memos, due diligence, site inspections, managing documentation and the investment closing process
Communicate investment recommendations with senior leaders and the investment committee
Collaborate with Asset Management, Valuations, Finance, and other internal stakeholders
Provide support for the continuous asset management of existing investments

Qualification

Financial modelingReal estate valuationDeal managementExcel proficiencyArgus proficiencyQuantitative skillsInterpersonal skillsWritten communicationVerbal communicationOrganizational skillsAttention to detailTeam player

Required

A minimum of 5 years of real estate work experience
Excellent financial modeling skills including high proficiency in Excel; Argus proficiency
Knowledge of fundamental real estate cash flow and valuation analysis for office, industrial, retail, and multifamily sectors
Experience with deal management, including risk identification and structuring to mitigate risk
Ability to multi-task and work effectively on multiple deals with several originators
Strong interpersonal skills to establish and manage relationships with borrowers, mortgage bankers, participating lenders, lawyers, and team members
Excellent written and verbal communication skills
Highly organized with a keen attention to detail
Strong quantitative and analytical skills
Desire to take initiative and be a team player

Preferred

Previous experience in real estate, investment banking, private equity, credit, CMBS preferred
Prior responsibility for underwriting preferred

Benefits

Comprehensive health care coverage
On-site health and wellness centers
A retirement savings plan
Backup childcare
Tuition reimbursement
Mental health support
Financial coaching

Company

Chase provides broad range of financial services. It is a sub-organization of JP Morgan Chase.

Funding

Current Stage
Late Stage

Leadership Team

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Mike McDonnell
Managing Director, Head of Chase Travel Platform Product
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Nicole Sanchez
Managing Director, Consumer Bank, GM and Product Executive, Growth Financial Products
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