Community Development Banking Associate - LIHTC & Housing

Aumni; Houston (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

JPMorgan Chase & Co. is seeking a Community Development Banking Associate to support underwriting and approval for acquisition, construction, and permanent loans within the Commercial Real Estate team.

You will work with originations and risk teams under the supervision of a CDRE Banker to help drive closings and manage complex financing structures. The role emphasizes evaluating deal economics, preparing documentation, and coordinating due diligence.

Qualifications

• Experience in community development real estate lending or investing focused on affordable housing.
• Underwriting LIHTC, subsidy layers, and construction/permanent financing structures.
• Strong analytical and financial modeling capabilities; ability to assess risk.
• Proven ability to manage multiple transactions and meet deadlines with disciplined PM.
• Excellent written and verbal communication; strong interpersonal skills.
• Proficiency with MS Word, Excel, PowerPoint, and Outlook.

Responsibilities

• Gather, analyze, and maintain client, sponsor, and deal information, including system updates and record completeness.
• Support pitch preparation by evaluating deal terms, budgets, market context, development team, and overall economics.
• Prepare LOIs/term sheets and related client documentation in partnership with the Credit Originator.
• Build draft profitability models and partner with the originations team to finalize outputs.
• Coordinate due diligence collection, organization, and checklist tracking across shared folders and workstreams.
• Facilitate appraisals and third-party reports by managing information flow and communicating costs/timelines, and next steps.
• Coordinate internal stakeholder communications (e.g., Credit, CRELA, Legal, and other partners) to support onboarding and closing readiness.
• Collect and review required documentation and coordinate KYC initiation and data submissions.
• Track sponsor exposure, pipeline activity, allocations, deal status updates, and production reporting inputs.
• Monitor deal progress and elevate issues that may impact closing or conversion timelines.

Skills

Community lending

LIHTC underwriting

Financial modeling

Deal management

Stakeholder comms

Team player

Communication skills

MS Office

Education

BA/BS degree

Job description

JPMorgan Chase & Co. is seeking a Community Development Banking Associate to support underwriting and approval for acquisition, construction, and permanent loans within the Commercial Real Estate team.

You will work with originations and risk teams under the supervision of a CDRE Banker to help drive closings and manage complex financing structures. The role emphasizes evaluating deal economics, preparing documentation, and coordinating due diligence.