Credit Officer - Associate

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 responsibly by anticipating new and emerging risks, and using your expert judgment to solve real-world challenges that impact our company, customers, and communities.

As a Credit Officer in the Credit Risk team, you help us manage commercial real estate loans and support our Special Credits Group. You work with us to analyze new transactions, assess risk, and provide insights that guide our business decisions. You collaborate with colleagues across the firm, gaining exposure to a variety of property types and lending strategies. You have the opportunity to grow your expertise and contribute to our commitment to responsible lending. Additionally, you will work in a dynamic, high-volume, and fast-paced environment, and be part of a highly collaborative team that values learning, professional growth, inclusivity, and mentorship.

Job Responsibilities

• Develop a basic understanding of all Commercial Real Estate Loan Documents (Promissory Notes, Deeds of Trusts, Mortgages, etc.) as well as the types of properties that secure Commercial Term Lending Loans including Multifamily Loans (Apartments, Mobile Home Parks) and Commercial Mortgage Loans (Office, Retail, and Industrial)
• Develop the ability to review, interpret, and incorporate Appraisals, Inspections, Marketing Studies, Broker Opinions of Value, and other supportive documents to create cash flows, estimate value, assess risk and forecast potential bank exposure to loss.
• Work closely with the Special Credits officers to forecast, develop, and evaluate comparative collection strategies including Loan Reinstatements, Modifications, Payoffs, Discounted Payoffs, Note Sales, and Foreclosures.
• Implement all facets of credit analysis on commercial real estate/multifamily loans.
• Identify issues/concerns, evaluate results, and formulate effective recommendations in a timely manner.
• Build and maintain strong relationships with internal business stakeholders including sales, processing, closing, and legal.
• Gain a thorough understanding of relevant policies, standards, procedures, and regulatory requirements.
• Apply data analysis techniques to interpret results and provide insights and recommendations to management.
• Keep up with industry trends and best practices in credit risk management to enhance decision-making and maintain a competitive edge.
  

Required qualifications, capabilities, and skills

• Minimum 2 years of experience in commercial real estate lending or 3 years in other banking/finance experience.
• Good understanding of multifamily real estate property valuations and cash flow analysis.
• Strong financial analysis skills, including evaluating property cash flows, property valuation, and personal financial statements.
• Demonstrated success in thriving within a fast-paced, collaborative environment while maintaining a high level of attention to detail.
• Excellent verbal/written communication and problem-solving skills.
• Ability to prioritize, plan, and manage processes to complete credit analysis and other assignments as needed.
• Familiarity with regional markets and municipal regulations.

• Proficiency in Microsoft Word, Excel, and PowerPoint, with the ability to quickly adapt to proprietary systems.

Required qualifications, capabilities, and skills

• Bachelor's degree in accounting, finance, economics, or real estate is preferred.
• Familiarity with regional markets and municipal regulations.