Commercial Bank - Risk - Commercial Term Lending Group - Credit Risk Senior Associate at JPMorgan Chase Bank, N.A. in Irvine, California

Job Description:

Credit Risk, Senior Associate for Commercial Term Lending's Credit Lending Group:

• Coordinate and manage all aspects of underwriting commercial real estate term loans.
• Position requires superior financial analysis; property valuation and project management skills coupled with knowledge of local Southern California commercial real estate markets.
• The Senior Associate will underwrite with little or no guidance from immediate manager and serve as back-up for immediate manager and mentor for more junior underwriters and credit analysts.

Knowledge Requirements

• Thorough understanding of commercial property valuation techniques including discounted cash flow analysis.
• Market research tools for all commercial real estate including multifamily, industrial, retail and office property.
• Superior financial analysis skills including property operating statement for variety of property types and personal financial statements of individual sponsors.
• Computer proficiency skills in Excel (financial modeling), Microsoft Word, PowerPoint.
• Standards, practices, methodologies, and regulatory requirements relative to the finance/accounting disciplines.
• Standards relating to the appropriate documentation of work activities.

Demonstrated Ability

• Establish and maintain effective relations with internal business partners including sales, processing closing and legal.
• Project management skills including ability to prioritize, plan and manage people and processes to complete underwriting and other assignments on a timely basis.
• Identify issues in a timely manner, formulate and propose effective solutions.
• Understand and interpret financial/performance data.
• Become conversant with the policies, standards, procedures, and regulations applicable to the assigned work unit in a timely manner.
• Concisely express ideas and convey technical information in written, oral, and electronic communication.
• Provide effective guidance and performance feedback to lower-level underwriters and analysts.
• Independently plan and conduct non-routine financial analysis/reporting projects.
• Ability to serve as functional technical expert in responding to inquiries and resolving system related issues.
• Thorough understanding of risk impact and consequence of errors in formulating decisions and providing direction to others.

Qualifications

• Bachelor's degree in accounting, finance, economics or real estate
• Minimum requirements of 5-10 years' experience in commercial real estate lending, underwriting and or loan workouts.
• Experience in conducting financial/credit analysis of personal financial statements and schedules of real estate preferred
• Passion for commercial real estate
• Ability to thrive in a fast-paced, collaborative work environment while maintaining a high level of attention to detail
• Excellent communication and interpersonal skills
• Ability to concisely express ideas and propose effective solutions

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

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