Historic Tax Credit Banker - Community Development Banking - Associate Banker
J.P. Morgan
Are you passionate about Commercial Real Estate? Are you interested in a career in Historic Tax Credit Equity? Do you take pride in supporting impactful adaptive reuse developments around the country? If yes, our Historic Tax Credit group is the right team for you.
As a Community Development Tax Credit (CDTC) Associate Banker. This role supports the delivery of financial products that foster development and revitalization in low- and moderate-income communities, with a focus on Historic Tax Credit (HTC) equity investments. As an Associate Banker, you will work alongside experienced professionals to identify, underwrite, structure, and close HTC equity investments, contributing to impactful adaptive reuse developments nationwide
Job Responsibilities:
- Assist in generating new HTC investment opportunities by cultivating prospects, networking with referral sources, and supporting business development efforts for HTC-eligible transactions
- Support due diligence processes for HTC equity investments, including preparing term sheets and credit approval documents
- Collaborate with deal teams consisting of internal and external partners to structure and close financings involving HTC subsidies.
- Develop and maintain relationships with developers, legal professionals, accountants, and consultants in the HTC industry.
- Work with multiple lines of business within JPMorgan Chase, including Commercial Real Estate, Community Development Real Estate, Private Banking, and Middle Market Banking.
Required Qualifications, Capabilities, and Skills:
- Bachelor’s degree required.
- Strong analytic and writing skills.
- Excellent project management skills with the ability to multi-task.
- Strong interpersonal, communication, and teamwork skills.
- Proficiency in Microsoft Excel, Word, and PowerPoint.
- 2+ years of credit analysis, structured finance, real estate or equity investment experience
Preferred Qualifications, Capabilities, and Skills:
- Experience in credit analysis, structured finance, real estate, or equity investment.
- Knowledge of Historic Tax Credits is strongly preferred.
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MBA or advanced degree is a plus, but not required
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
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
The team provides best-in-class and cost-effective financing solutions across all major real estate asset classes.