Real Estate Debt Underwriter Associate - Underwrite Deals

Aumni; Los Angeles (CA); On-site; USD 120,000 - 180,000; Full time

Job summary

JPMorgan Chase & Co. is seeking an Associate in the Real Estate Americas Debt Investment Team in Los Angeles to identify and underwrite prospective lending opportunities across property types.

You will develop investment strategies, draft memos, and present to the investment committee while building relationships with brokers, banks, borrowers, and peers. You will collaborate with cross-functional teams, analyze complex cash flows, model risks, and support asset management of existing

Qualifications

• A minimum of 5 years of real estate work experience.
• Excellent financial modeling skills including high proficiency in Excel; Argus proficiency
• Knowledge of fundamental real estate cash flow and valuation analysis for office, industrial, retail, and multifamily sectors
• Experience with deal management, including risk identification and structuring to mitigate risk
• Ability to multi-task and work effectively on multiple deals with several originators
• Strong interpersonal skills to establish and manage relationships with borrowers, mortgage bankers, participating lenders, lawyers, and team members.
• Excellent written and verbal communication skills
• Highly organized with a keen attention to detail
• Strong quantitative and analytical skills
• Desire to take initiative and be a team player.

Responsibilities

• Underwrite potential lending opportunities for various funds and investment vehicles
• Analyze investments up and down the capital stack, across multiple product types and risk profiles from senior loans to mezzanine investments
• Create detailed and complex financial underwriting models for the financing of real estate investments
• Assist with modifications and loan restructurings on an as needed basis
• Perform property and market research through conversations with brokers, sponsors, market participants, and REA regional teams to understand the key risks of each investment and vet underwriting assumptions.
• Assist in execution of deals from underwriting through closing
• Conduct site inspections
• Participate in the preparation of internal memos, due diligence, site inspections, managing documentation and the investment closing process
• Communicate investment recommendations with senior leaders and the investment committee
• Collaborate with Asset Management, Valuations, Finance, and other internal stakeholders
• Provide support for the continuous asset management of existing investments

Skills

Financial modeling

Excel expertise

Argus proficiency

Real estate analysis

Relationship building

Communication skills

Attention to detail

Tools

Argus

Job description

JPMorgan Chase & Co. is seeking an Associate in the Real Estate Americas Debt Investment Team in Los Angeles to identify and underwrite prospective lending opportunities across property types.

You will develop investment strategies, draft memos, and present to the investment committee while building relationships with brokers, banks, borrowers, and peers. You will collaborate with cross-functional teams, analyze complex cash flows, model risks, and support asset management of existing