Senior Credit Originator, Specialty Real Estate Lending - Executive Director
Commercial Banking delivers extensive industry knowledge, local expertise and seamless global capabilities to clients, including corporations, municipalities, financial institutions, real estate investors and owners, and not-for-profit organizations, with annual revenue generally ranging from $20 million to $2 billion. We offer a comprehensive set of financial products and services including credit, asset-based lending, real estate finance and treasury. We also provide clients with access to investment banking and asset management services. The Commercial Real Estate Group (CRE) is made up of four distinct businesses including Commercial Term Lending (CTL), Community Development Banking (CDB), Agency Lending and Real Estate Banking (REB).
As a Senior Credit Originator in Commercial Real Estate, you will be responsible for overseeing and promoting the new origination process for cash flow and derivative products for commercial real estate clients. You will leverage your industry knowledge to offer best-in-class financial solutions across CRE. You will work with a diverse range of clients, including developers, investors, owners, operating companies, investment funds, real estate investment trusts, property management companies and non-profit organizations. Your role will involve evaluating new credit opportunities, structuring complex loans, coordinating the credit approval process, and overseeing compliance with established underwriting standards and guidelines. This role provides an opportunity to apply your strong working knowledge of corporate lending to the commercial real estate industry, and to deliver accurate, timely results.
Job responsibilities:
Collaborating with senior management to implement the strategic business plan to drive ancillary business through cash flow and derivative real estate lending
Evaluating new loan opportunities and driving strategic new business opportunities; identifying strengths and weaknesses of proposed transactions
Contributing to the development and execution of client strategies in collaboration with Client Executives
Interfacing with product partners to deliver solutions for clients
Structuring complex loans and derivative lines based on corporate cash flow analysis and coordinating the credit approval process
Reviewing Underwriting, Investment Committee Memorandums, Credit Approval Packages, and Risk Rating recommendations
Preparing and negotiating term sheets, negotiating loan documentation
Lead ISDA and CSA negotiations with respect to business terms, ensuring consistency with existing JPM portfolio
Coordinating the loan facility closing process, including reviewing due diligence
Overseeing compliance with established underwriting standards and guidelines, credit approval requirements, and other policies and procedures associated with new credit originations
Assisting with training and development of junior staff members and in some cases managing staff where applicable
Required qualifications, capabilities, and skills
Minimum 10 years of commercial banking/lending experience, including extensive credit, structuring, closing, and loan documentation experience
Excellent communication skills, including the ability to clearly express and support opinions in a confident and diplomatic manner, listen thoughtfully to the input and critiques of managers and team members, and effectively articulate positions to senior management
Superior interpersonal skills to interact with clients, counsel, products partners, and senior management
Significant accounting and finance knowledge, as well as strong knowledge of real estate capital structure fundamentals and concepts
Strong analytical and business writing skills
Experience in negotiating ISDA and CSA agreements
Proficient with Microsoft Word, Microsoft Excel, and Microsoft Power Point
BA/BBA required
Preferred qualifications, capabilities, and skills
Knowledge of Commercial Real Estate mortgage secured lending is preferred
Completion of a major corporate banking credit training program preferred
MBA preferred
Knowledge of JPMC or similar bank policies and procedures preferred
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
Base Pay/Salary
Chicago,IL $152,000.00 - $235,000.00 / year; NY $142,500.00 - $260,000.00 / year
