LIHTC & Community Development Banker

JPMorgan Chase & Co.; San Francisco (CA); On-site; USD 95,000 - 120,000; Full time

Job summary

JPMorgan Chase & Co. invites a Community Development Banking Associate to join the Commercial Real Estate team in San Francisco.

You will support underwriting and approval for acquisition, construction, and permanent loans, collaborating with originations and risk teams to ensure thorough analysis and timely decisioning. The role emphasizes LIHTC expertise, complex deal structuring, and disciplined project management to advance affordable housing and community development initiatives.

Qualifications

• Experience in community development real estate lending or investing with a focus on affordable housing.
• Underwriting expertise in LIHTC, subordinate/public subsidy layers, and construction/permanent financing structures.
• BA/BS degree required.
• Strong analytical and financial modeling skills; ability to synthesize complex information and assess risk.
• Track record of managing multiple transactions and deadlines with disciplined project management and follow-through.
• Ability to interact with prospects, clients, consultants, government staff, and legal counsel.
• Team-oriented with the ability to adapt priorities to achieve goals.
• Excellent organizational, written, and verbal communication skills.
• Commitment to CRA mission and familiarity with how lending supports community impact.
• Strong PC skills; proficient in MS Word, Excel, PowerPoint, and Outlook.

Responsibilities

• Gather, analyze, and maintain client, sponsor, and deal information with updates.
• Support pitch preparation by evaluating deal terms, budgets, market context, and economics.
• Prepare LOIs/term sheets and client docs with the Credit Originator.
• Build draft profitability models with the originations team.
• Coordinate due diligence collection, organization, and checklist tracking.
• Facilitate appraisals and third-party reports by managing information flow and costs.
• Coordinate internal stakeholder communications to support onboarding and closing readiness.
• Collect and review required documentation and coordinate KYC initiation.
• Track sponsor exposure, pipeline activity, allocations, status updates, and reporting inputs.
• Monitor deal progress and escalate issues affecting closing timelines.

Skills

LIHTC underwriting

Construction financing

Financial modeling

Project management

Communication

Education

BA/BS degree

Tools

MS Word

Excel

PowerPoint

Outlook

Job description

JPMorgan Chase & Co. invites a Community Development Banking Associate to join the Commercial Real Estate team in San Francisco.

You will support underwriting and approval for acquisition, construction, and permanent loans, collaborating with originations and risk teams to ensure thorough analysis and timely decisioning. The role emphasizes LIHTC expertise, complex deal structuring, and disciplined project management to advance affordable housing and community development initiatives.