Permanent Lending Relationship Manager - Community Development Banking - Vice President jobs in United States
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JPMorganChase · 6 hours ago

Permanent Lending Relationship Manager - Community Development Banking - Vice President

JPMorgan Chase Bank is a national leader in community development finance for affordable housing and economic development projects. The Permanent Lending Relationship Manager will manage a portfolio of permanent loans, lead conversion underwriting, and facilitate refinance opportunities while providing responsive client relationship management and credit risk oversight.

Asset ManagementBankingFinancial Services
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Growth Opportunities
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H1B Sponsor Likelynote

Responsibilities

Prepare conversion and credit underwriting packages by reviewing operating statements, rent rolls, cash flow forecasts, project budgets and loan documents to identify any changes in performance and risks upon the property’s stabilization. Lead the Community Development Banking deal team in conference calls with clients, attorneys, and equity partners to coordinate permanent loan conversion closings; and support post-closing follow-up with internal business partners. Evaluate and recommend adjustments to the final funding of permanent loan commitments as part of the conversion to permanent financing
Serve as the primary point of contact for client requests regarding loan servicing requests; facilitate and respond to client loan inquiries; and collaborate with clients on maturing loan payoff and take-outs
Manage risk issues on an active book of loans in collaboration with the Credit Risk team. Review and report on adversely classified loans, delinquencies, and maturing loans to mitigate risk issues and address performance concerns
Originate multifamily affordable housing term loans for the JPMC balance sheet and curate referrals for the Agency Lending loan programs
Apply established underwriting standards and guidelines, understand credit approval requirements, and other policies and procedures associated with permanent loan conversions, loan modifications, and loan restructuring
Assist with training and development of associates and analysts on the team

Qualification

Commercial real estate creditReal estate underwritingAffordable housing financeLow Income Housing Tax CreditMicrosoft products proficiencyAnalytical skillsBusiness writing skillsCommunication skillsInterpersonal skills

Required

Seven or more years in commercial real estate credit, real estate underwriting, and/or multifamily affordable housing. Related experience may include affordable multifamily credit underwriting, affordable housing development, property operations and management; or Low-Income Housing Tax Credit investor/syndicator asset management
Strong analytical and business writing skills; a mindset oriented to due diligence and financial analysis; accounting and finance knowledge, as well as strong knowledge of real estate fundamentals and concepts in affordable housing
Excellent communication skills, including the ability to clearly express and support opinions in a confident and diplomatic manner, listen thoughtfully to the input and critiques of managers and team members, and effectively articulate positions to senior management
Superior interpersonal skills to interact with clients, counsel, products partners, and senior management
Intermediate to expert proficiency in Microsoft products, including Word, Excel and Teams
Bachelor's degree required

Preferred

Demonstrated experience with affordable housing finance; Low Income Housing Tax Credit transactions; and/or agency lending (Fannie Mae/Freddie Mac) is preferred
Experience with loan modifications; consent requests; debt restructuring, workouts and dispositions experience is also advantageous
Experience working with state housing finance agency Low Income Housing Tax Credit administration and subordinate debt programs; tax exempt bond financing; and/or U.S. Department of Housing & Urban Development (HUD) subsidy programs

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

JPMorganChase

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With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.

H1B Sponsorship

JPMorganChase has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3471)
2024 (3469)
2023 (3395)
2022 (3594)
2021 (2515)
2020 (2495)

Funding

Current Stage
Public Company
Total Funding
unknown
1998-02-01IPO

Leadership Team

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Allison Beer
CEO of Card Services and Connected Commerce
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Dan Mendelson
CEO, Morgan Health
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Company data provided by crunchbase