Structured Finance Management - Commercial Real Estate, Community Development Banking - Associate

JPMorgan Chase • Chicago, IL • 1d ago

Join our successful team dedicated to investing in New Markets Tax Credits (NMTC) projects.

As a Structured Finance Management Associate in Community Development Banking , you will play a key role in managing the bank's New Markets Tax Credits (NMTC) and State Tax Credits initiatives. You will serve as the primary point of contact for Community Development Entities (CDEs) and project borrowers (QALICBs) following the closing of a New Markets Tax Credit transaction. Additionally, you will act as the business-side liaison between our clients and the internal groups that service our Tax Credit transactions. The ideal candidate will excel in a fast-paced, entrepreneurial environment, showcasing adaptability and keen attention to detail.

Job Responsibilities

Prepare credit approval documents for Community Development Tax Credit equity investments

Execute closing activities in partnership with project team members and internal stakeholders.

Assist in creating monthly, quarterly, and semi-annual investment reports.

Perform reporting of community development project impact and program reporting to the U.S. Treasury.

Maintain ticklers for internal and external reporting.

Assist in program compliance reviews and manage organizational tasks required during the closing of New Market Tax Credit investments.

Collaborate with QALICBs, CDEs, and lenders post-close to ensure accurate transaction flow during the 7-year compliance period.

Partner closely with the Project Team members, Chase Credit, and Legal on distressed projects

Required qualifications, skills, and capabilities

Minimum of 2 years experience in banking, lending, or credit.

Strong analytical and writing skills.

Excellent interpersonal, communication, and teamwork abilities.

Proficient in computer skills.

Preferred qualifications, skills, and capabilities

Bachelor's degree

Completion of a major corporate bank credit training program (or the equivalent corporate banking/corporate finance experience)

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.

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 $75,430.00 - $108,100.00 / year

Similar Jobs

AVP, Accounting Management

Nuveen Investments • Chicago, IL • 2h ago

Finance, Accounting & Banking

AVP, Senior Accounting Manager The Senior Accounting Management job supervises a team of professional level employees and manages the financial record keeping, reporting, and other accounting functions of the organizatio...

2h ago

Go to Apply

Manager, External Reporting & Technical Accounting

Nuveen Investments • Chicago, IL • 2h ago

Finance, Accounting & Banking

The External Reporting Manager is an experienced accounting professional responsible for the preparation of Nuveen's quarterly and annual financial statements and supporting the financial consolidation and reporting proc...

2h ago

Go to Apply

FSO, TC Finance Transformation Subledger Manager

EY • Chicago, IL • 4h ago

Finance, Accounting & Banking

Location: New York City, Charlotte, Boston, Chicago, Philadelphia, Dallas At EY, we're all in to shape your future with confidence. We'll help you succeed in a globally connected powerhouse of diverse teams and take your...

4h ago

Go to Apply

Finance Associate

Illinois Employer • Chicago, IL • 4h ago

Finance, Accounting & Banking

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/13647395 JOB TITLE: Finance Associate REPORTS TO: Business Office Manager FLSA STA...

4h ago

Go to Apply

Analyst, Trade Management - (Finance)

Lactalis American Group Inc. • Chicago, IL • 4h ago

Finance, Accounting & Banking

Analyst, Trade Management - (Finance) Chicago, IL ( http://maps.google.com/maps?q=540+West+Madison+Street+Chicago+IL+USA+60661 ) Job Type Full-time Description You Know Our Brands. Now Get to Know Us. Join Lactalis USA,...

4h ago

Go to Apply

FSO, TC Finance Transformation Subledger Staff 2

EY • Chicago, IL • 4h ago

Finance, Accounting & Banking

4h ago

Go to Apply

Senior Director Community Finance - Underwriting & Portfolio Management

Capital One • Chicago, IL • 4h ago

Finance, Accounting & Banking

Senior Director Community Finance - Underwriting & Portfolio Management Capital One, a Fortune 500 company and one of the nation's top 10 banks, offers a broad spectrum of financial products and services to consumers...

4h ago

Go to Apply

Accounts Payable Specialist

Robert Half • Evanston, IL • 5h ago

Finance, Accounting & Banking

Description We are looking for an Accounts Payable Specialist to join a team in Evanston, Illinois in a Contract to Permanent capacity. This position focuses on accurate invoice processing, payment coordination, and day-...

5h ago

Go to Apply

Accounts Receivable Clerk / Receptionist

Robert Half • Hillside, IL • 5h ago

Finance, Accounting & Banking

Description We are looking for a detail-oriented Accounts Receivable Clerk / Receptionist to support front-desk operations and billing activities for a Contract position based in Hillside, Illinois. This role combines cu...

5h ago

Go to Apply

Accounting Clerk - Pendry Chicago

Spanish Peaks Mountain Club • Chicago, IL • 5h ago

Finance, Accounting & Banking

Live Your Passion. Add Your Magic. At Montage International, we are doing something different, something exciting and it takes passionate people to bring our vision to life. We have built a culture that leads with the im...

5h ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)