Community Development Banking Associate – LIHTC & CRE

JPMorgan Chase & Co.; Houston (TX); On-site; USD 70,000 - 95,000; Full time

Job summary

JPMorgan Chase & Co. is seeking a Community Development Banking Associate within Commercial Real Estate to support underwriting and approval for acquisition, construction, and permanent loans. You will report to a CDRE Banker and assist originations and risk teams.

You will gather deal data, help evaluate terms and budgets, prepare LOIs and term sheets, build profitability models, and coordinate due diligence and closing steps to advance affordable housing and community development finance.

Qualifications

• Experience in community development real estate lending or investing, with LIHTC exposure.
• Ability to analyze complex deal structures and assess risk.
• Strong financial modeling and documentation skills.
• BA/BS degree required; ability to manage multiple transactions and deadlines.

Responsibilities

• Gather, analyze, and maintain client, sponsor, and deal information.
• Support deal evaluation, budgets, market context, and project economics.
• Prepare LOIs/term sheets with the Credit Originator.
• Build profitability models and coordinate with originations for outputs.
• Coordinate due diligence and document tracking across teams and folders.
• Facilitate appraisals and third‑party reports, managing costs and timelines.
• Coordinate internal communications to support onboarding and closing readiness.
• Collect and review required documentation and KYC submissions.
• Track sponsor exposure, pipeline activity, and reporting inputs.
• Monitor progress and escalate issues impacting closing timelines.

Skills

LIHTC underwriting

Financial modeling

Analytical skills

Project management

Communication

Teamwork

Education

BA/BS degree

Tools

MS Word

Excel

PowerPoint

Outlook

Job description

JPMorgan Chase & Co. is seeking a Community Development Banking Associate within Commercial Real Estate to support underwriting and approval for acquisition, construction, and permanent loans. You will report to a CDRE Banker and assist originations and risk teams.

You will gather deal data, help evaluate terms and budgets, prepare LOIs and term sheets, build profitability models, and coordinate due diligence and closing steps to advance affordable housing and community development finance.