JPMorganChase · 1 day ago
Associate Banker-Community Development Banking- Associate
Los Angeles, CA
Full-time
Onsite
Entry Level
$115K/yr - $145K/yr
2+ years expJPMorganChase is a leading financial institution that provides innovative financial solutions. They are seeking a Community Development Banking Associate to support the underwriting and approval process for loans related to affordable housing and economic development projects.
Asset ManagementBankingFinancial Services
Responsibilities
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 JPM Chase and industry events
Monitor construction progress, including draw requests, funding adequacy, time delays, cost overruns, contingency fund usage, and compliance with loan documents
Qualification
Required
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
Preferred
Formal bank credit training
Knowledge of standard bank credit policies and loan administration procedures
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
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.
10001+ employees
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
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Trends of Total Sponsorships
2025 (3471)
2024 (3469)
2023 (3395)
2022 (3594)
2021 (2515)
2020 (2495)
Funding
Current Stage
Public CompanyTotal Funding
unknown1998-02-01IPO
Leadership Team
Allison Beer
CEO of Card Services and Connected Commerce
Dan Mendelson
CEO, Morgan Health
Recent News
2026-01-22
Private Banker International
2026-01-19
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