Community Development Banker – Affordable Housing & CRE

Next Frontier Capital; United States; On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Comprehensive health care coverage

Retirement savings plan

Tuition reimbursement

Mental health support

Financial coaching

On-site health and wellness centers

Job summary

JPMorgan Chase & Co. is hiring a Community Development Banking Associate within the Commercial Real Estate team to support underwriting and approval of acquisition, construction, and permanent loans. You will report to a CDB Banker and support the San Francisco team.

The role involves working with originators, underwriters, and clients across development budgets, credit packages, and loan documentation, with limited travel and opportunities to engage with industry events.

Qualifications

• 2.5+ years’ experience in financing commercial real estate transactions
• Experience with Federal, State, and Local Affordable Housing/LIHTC financing programs
• BA/BS degree required
• Strong interpersonal skills for client and stakeholder interaction
• Team player with flexibility to adjust priorities
• Excellent written and verbal communication skills
• Proficient in MS Word, Excel, PowerPoint, and Outlook
• Limited travel required, occasionally overnight

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 JPMorganChase and industry events
• Monitor construction progress, including draw requests, funding adequacy, time delays, cost overruns, contingency fund usage, and compliance with loan documents

Skills

Interpersonal skills

Communication

Team player

MS Office

Travel flexibility

Education

BA/BS degree

Tools

MS Word

Excel

PowerPoint

Outlook

Job description

JPMorgan Chase & Co. is hiring a Community Development Banking Associate within the Commercial Real Estate team to support underwriting and approval of acquisition, construction, and permanent loans. You will report to a CDB Banker and support the San Francisco team.

The role involves working with originators, underwriters, and clients across development budgets, credit packages, and loan documentation, with limited travel and opportunities to engage with industry events.