Commercial Banker or Commercial Banker Associate – Chase Community Development Real Estate Banking - Commercial Bank - Los Angeles, CA
J.P. Morgan Chase’s Community Development Real Estate Banking (CDRE) business is a national leader in community development finance for affordable housing and economic development projects. Through our resources, CDRE offers financing for projects of any size and complexity, including construction financing, bridge loans, acquisition loans, letters of credit to support bond transactions, and long-term permanent financing for Low Income Housing Tax Credit developments and bond purchases. CDRE's clients include: For-profit and not-for-profit developers; Government entities engaged in housing and economic development; and Community-based organizations.
We have a CDRE Commercial Banker opportunity in our Los Angeles office. This key sales position will be responsible for developing, growing, and managing new and existing developer relationships in the west region. Experience regarding taxable and tax-exempt construction and permanent financing for affordable housing projects utilizing federal Low Income Housing Tax Credits is required. Other relevant experience in commercial real estate finance, New Markets Tax Credits and/or Historic Tax Credits is a plus. Our clients are both not-for-profit and for-profit entities which develop and/or preserve affordable multi-family housing properties in numerous markets nationwide. Our CDRE Bankers work with Treasury Services professionals to provide a full array of deposit and cash management services to our client base. Major responsibilities of this position include the development of profitable new business opportunities, preliminary loan underwriting, and maintaining a portfolio of high credit quality.
The final officer title and job grade is at the discretion of the firm and will be discussed at the time of offer. It may be different than what is listed on the requisition based on candidate experience level.
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Overview of JPMorgan Chase’s Commercial Bank:
300 South Grand Avenue
Los Angeles, CA 90071