Risk Management - Real Estate Banking Lead Credit Officer - Vice President

JPMorganChase; San Francisco (CA); On-site; USD 120,000 - 190,000; Full time

Job summary

JPMorganChase is seeking a Vice President - Lead Credit Officer in its Real Estate Banking team in San Francisco. You will lead transaction-level credit review and ongoing portfolio oversight for developers, owners, operators, and sponsors, managing exposure across real estate assets and related facilities.

You will require CRE underwriting expertise, strong analysis of financial statements, and the ability to present complex credit rationale to senior leadership.

Qualifications

• 5+ years of CRE underwriting, lending, or credit risk experience.
• Asset-level and portfolio credit expertise in CRE.
• Advanced knowledge of financial statements and accounting.
• Strong written and verbal communication; ability to articulate credit rationale.

Responsibilities

• Lead transaction-level credit due diligence for new facilities and recapitalizations.
• Drive credit approval, challenge key assumptions, identify risks and mitigants.
• Defend credit rationale with senior leadership in approval committees.
• Ensure end-to-end credit processes for new loan closings and amendments.
• Mentor junior members and provide timely feedback on analyses.
• Maintain oversight of credit relationships, exposure, collateral and risks.
• Own rating quality and governance with consistent documentation.
• Coordinate with treasury and derivatives to monitor related exposures.
• Review loan/derivative docs and support negotiation with internal teams.
• Ensure compliance with internal policies and regulatory guidance.

Skills

CRE underwriting

Asset-level credit

Financial statements

Communication skills

Credit risk analysis

Presentation to stakeholders

Excel, PowerPoint, Word

Tools

Excel

PowerPoint

Word

Job description

Job Description

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Vice President - Lead Credit Officer on the Real Estate Banking team, you will be responsible for leading transaction-level credit review and ongoing portfolio credit oversight for a portfolio of clients. You will have primary day-to-day responsibility for managing new and existing credit exposure to developers, owners, operators, and sponsors. Real Estate Banking originates and manages a portfolio of credit products including real estate asset-level financings for ground-up construction, bridge facilities and stabilized term loans, entity-level working capital lines of credit, subscription lines for real estate private equity funds, as well as derivatives and treasury products.

Job Responsibilities

• Lead transaction-level credit due diligence and provide credit expertise in reviewing new facilities for recapitalizations, acquisitions, construction/development and general corporate purposes.
• Drive the credit approval process by reviewing and challenging key assumptions in financial, collateral, and sponsor/guarantor analyses; identify key risks, mitigants, and recommended structure/terms; and escalation approval recommendations as required.
• Articulate and defend credit approval rationale with senior leadership during internal approval committee meetings and periodic portfolio reviews, addressing key risks and mitigants, structuring considerations, and risk rating rationale.
• Ensure end-to-end credit processes are executed in a timely and efficient manner for new loan closings and amendments; contribute directly to drafting and refining credit memos while leveraging junior support as appropriate.
• Mentor and coach junior team members by providing hands‑on guidance, constructive challenge, and timely feedback on credit analyses and approval materials.
• Serve as an escalation point for Portfolio Management on issues related to ongoing monitoring; maintain comprehensive oversight of the credit relationship, including exposure, collateral, threshold management, compliance, emerging risks, potential problems, and opportunities.
• Own risk rating quality and governance across assigned clients by ensuring rating rationale is well‑supported, trends and early‑warning indicators are identified, and documentation is consistent with internal standards and policy expectations.
• Coordinate with product partners (including treasury and derivatives stakeholders) to ensure appropriate monitoring of related exposures and key terms.
• Review loan and derivative documentation and support negotiation alongside internal partners (e.g., client coverage, legal, product teams), ensuring key negotiated terms are properly reflected in the final credit approval package.
• Ensure compliance with audit and administrative requirements, including adherence to internal policies and procedures and applicable regulatory guidance.

Required Qualifications, Capabilities And Skills

• 5+ years of experience in commercial real estate (CRE) underwriting, lending, credit risk, or other applicable financial services experience
• Commercial real estate industry expertise (asset-level and portfolio credit)
• Advanced knowledge of financial statements and accounting
• Strong understanding of financial products, corporate finance, and market dynamics
• Strong written and verbal communication skills, including the ability to clearly articulate credit rationale and key risks
• Ability to effectively present analysis and interact with key stakeholders
• Highly proficient in Excel, PowerPoint and Word

Preferred Qualifications, Capabilities And Skills

• Experience reviewing and negotiating documentation related to credit agreements and trading/derivative documents (in partnership with internal stakeholders)
• Demonstrated capability to perform diligence and engage with clients when required

FEDERAL DEPOSIT INSURANCE ACT: This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase's review of criminal conviction history, including pretrial diversions or program entries.

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About The Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.