Commercial Bank Risk-Commercial Real Estate/Credit Risk Vice President

Irvine, California, United States
Full-time
Posted

Description

Commercial Banking is focused on helping our clients succeed and making a positive difference in our communities. We provide credit and financing, treasury and payment services, international banking and real estate services to clients including corporations, municipalities, institutions, real estate investors and owners, and nonprofit organizations.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating credit worthiness and understanding regulatory changes. Risk Management provides independent oversight and maintains an effective control environment.

Commercial Term Lending (Multifamily) provides commercial real estate owners and investors with term loans ranging from $1MM to $25MM+. As the nation's #1 multifamily lender, we offer clients full-service real estate financing products and services that are unparalleled in the market.
  • Coordinate and manage all aspects of underwriting commercial real estate term loans.
  • The Senior Underwriter will underwrite the most complex transactions 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.
  • The position requires superior financial analysis, property valuation and project management skills coupled with knowledge of the Southern California commercial real estate markets.

Qualifications
  • Bachelor's degree, preferably in accounting, finance, economics or real estate
  • Minimum 7+ years experience in commercial real estate lending, underwriting and or loan workouts.
  • Expansive knowledge of and interest in commercial real estate industry
  • Proven ability to thrive in a fast-paced, collaborative environment while maintaining a high level of attention to detail
  • Excellent verbal/written communication and problem-solving skills
  • Superior financial analysis skills including property cash flows, property valuation, and personal financial statements
  • Understanding of regional markets, including prevailing municipal regulations

Basic Requirements
  • Thorough understanding of multi-family real estate property valuations and cash flow analysis
  • Market research tools (i.e. CoStar) 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
  • Use data analysis techniques to develop insights/recommendations to management
  • Standards, practices, methodologies, and regulatory requirements relative to the finance/accounting disciplines
  • Standards relating to the appropriate documentation of work activities
  • Understanding of the full breadth of J.P. Morgan products and service offerings

Demonstrated Ability

  • Establish and maintain effective relations with internal business partners including sales, processing, closing and legal
  • 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
  • Thorough understanding of risk impact and consequence of errors in formulating decisions
  • Interpret results and formulate effective recommendations
  • 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
  • Project management skills including ability to prioritize, plan and manage people and processes to complete underwriting and other assignments on a timely basis

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.

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.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

Equal Opportunity Employer/Disability/Veterans

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