Risk Management - Affordable Housing Credit Risk -Vice President

JPMorgan Chase Bank, N.A.
New York, US
$124.5K-$240K a year
Full-time
We are sorry. The job offer you are looking for is no longer available.

Job Summary 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 an affordable housing underwriter on the Community Development Real Estate underwriting team, you will play an integral role in the bank's Community Reinvestment Act (CRA) mission by financing the construction of affordable housing.

You will be responsible for taking a leadership role underwriting transactions, preparing credit packages, closing transactions, and monitoring projects through repayment. Job Responsibilities :

  • Develop best practices through accountability and leadership
  • Prepare and review underwriting packages, including development budgets and project economics
  • Prepare and present credit packages, identifying a transaction's credit risk
  • Provide accurate analysis and present findings and recommendations to senior management
  • Review third-party reports and loan documents
  • Participate in closing calls with clients and deal team
  • Collaborate and communicate with external and internal stakeholders
  • Manage projects and closing timelines
  • Attend site visits and industry events
  • Manage a portfolio on loans, reporting on projects under construction, collaborating on annual reviews, and preparing modifications Required qualifications, capabilities and skills :
  • 7+ years of experience in a community development real estate
  • Experience in affordable housing finance, including Low Income Housing Tax Credits and subsidy financing
  • Excellent teamwork and customer service, consistently delivering on commitments to colleagues and clients
  • Leadership and analytical skills, with experience synthesizing information, developing recommendations, making decisions, and problem solving
  • Project management skills, demonstrating organization, timeliness, execution, and collaboration
  • Attention to detail
  • Proficient in Microsoft Office
  • Master's or Bachelor's degree JPMorgan Chase & Co., 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.

For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability / Veterans Base Pay / Salary New York,NY $124,450.00 - $240,000.00 / year

10 days ago
Related jobs
Promoted
The Goldman Sachs Group, Inc
New York, New York

Corporate Risk team is responsible to cover primarily the firm's risk management functions, including Market Risk, Liquidity Risk, Credit Risk, Model Risk and Operational Risk. Understanding of Risk Management (Market, Credit, Liquidity, Operational and Model Risk Management) and financial products....

Promoted
HSBC
New York, New York

As our Senior Senior Vice President Operational and Resilience Risk Wholesale/Market Security Services you will:. Attend Wholesale Banking, including aligned Product control meetings and non-financial risk governance forums, providing both Operational Risk oversight and robust and timely Risk Stewar...

Morgan Stanley
New York, New York

Perform credit due diligence and approval of credit limits,prised of credit analysis on counterparties via financial statements, determining risk ratings, and assessing collateral risks to size risk appetite limits. Evaluate client trading strategies and produce high quality credit memoranda clearly...

Promoted
Ivy Exec
New York, New York

Chief Data Security Officer, Chief Data Officer, Chief Digital Officer, Chief Privacy Officer, CIO, Chief Security Officer, Chief Risk Officer, VP of IT Security and Privacy, VP of IT Infrastructure, VP of IT Operations, VP of Cybersecurity, VP of Risk Management, VP of Data Privacy, VP of Privacy C...

Promoted
VirtualVocations
Brooklyn, New York

Key Responsibilities:Maintain a risk-based framework for prioritizing critical vendorsEffectively manage a team of subject matter experts in TPRMDevelop and deliver educational programs on third party risksRequired Qualifications:Minimum of 10 years related experience within Insurance, Banking, or A...

Goldman Sachs
New York, New York

Technology skills including: Deep understanding of Linux and Windows operating systems, experience of batch scripting and executing standard commands Internet infrastructure design and installation and support of network devices and firewalls Cloud computing concepts, technologies, risks and mitigat...

Promoted
VirtualVocations
Brooklyn, New York

A company is looking for a Staff Software Engineer - Credit Risk in the United States. ...

JPMorgan Chase Bank, N.A.
New York, New York

The Climate, Nature and Social (CNS) Risk Management team is responsible for setting firmwide risk management framework and strategies, designing application of risk scenarios, addressing the dynamic and evolving social and nature landscape, and building a unified approach for firmwide and legal ent...

Promoted
VirtualVocations
Brooklyn, New York

A company is looking for a Risk Management Associate for an overnight shift. ...

OakTree
New York, New York

Asset Management company, Investment Bank or other related financial services company (including financial services technology vendors) in a risk management, portfolio operations and analysis capacity;. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments...