Commercial Bank CRE Senior Product Manager - ED at JPMorgan Chase Bank, N.A. in San Francisco, California

Posted in General Business 13 days ago.

Type: Full-Time





Job Description:

The Commercial Real Estate (CRE) group at J.P. Morgan prides itself on leveraging its industry knowledge to offer best-in-class financial solutions across all major real estate asset types: multifamily, retail, office and industrial properties. We work with national and regional clients across the entire real estate sector, including developers, investors, owners, operating companies, investment funds, real estate investment trusts, and non-profit organizations.

Real Estate Banking:

Real Estate Banking (REB) delivers commercial real estate and banking products to top-tier clients active in major markets across the U.S. Primary property types include multifamily, retail, office and industrial properties. REB clients are top-tier national and regional real estate developers, investors, Real Estate Operating Companies (REOCs) and opportunity and investment funds.

REB has broad national capabilities and expertise in real estate credit, including:


  • Commercial and multifamily construction
  • Acquisitions
  • Structured revolving facilities
  • Term mortgage lending
  • Subscription facilities

The business also often assembles and manages large multi-bank syndications to finance institutional quality real estate investments for clients at both the asset and entity level.

The position will be responsible for overseeing and driving the new loan origination process for commercial real estate clients in Real Estate Banking. The candidate must have a strong working knowledge of the commercial real estate industry, banking rules and regulations, and have had prior experience of transacting and administering construction loans and real estate term loans. Candidates must be experienced, independent, and qualified credit professionals with the ability to manage a number of dynamic credit situations, as well as act as a leader to efficiently utilize team resources and provide accurate, timely results.

Responsibilities include:


  • Evaluating new loan opportunities; identifying strengths and weaknesses of proposed transactions
  • Structuring complex loans and coordinating the credit approval process in conjunction with Underwriters, Client Executives, and Credit Executives
  • Preparing and negotiating term sheets, negotiating loan documentation
  • Coordinating the real estate closing process, including reviewing the due diligence
  • Presenting to senior management proposed loan transactions; confidently exercise authority while clearly articulating the reasoning behind recommended credit decisions
  • Contributing to the development and execution of client strategies in collaboration with Client Executives
  • Reviewing Underwriting, Investment Committee Memorandums, Credit Approval Packages, and Risk Rating recommendations
  • Overseeing compliance with established underwriting standards and guidelines, credit approval requirements, and other policies and procedures associated with new loan originations
  • Assisting with training and development of junior staff members and in some cases managing staff where applicable

Qualifications:

  • Preferably 10+ years of commercial banking/lending experience, including extensive credit, structuring, closing, and loan documentation experience
  • Experience in Commercial Real Estate Credit is required
  • 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 fundamentals and concepts.
  • Strong analytical and business writing skills
  • Knowledge of JPMC or similar bank policies and procedures preferred
  • Completion of a major corporate banking credit training program
  • Proficient with Microsoft Word, Microsoft Excel, and Microsoft Power Point
  • BA/BBA required; MBA a plus

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.JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

Equal Opportunity Employer/Disability/Veterans