Agency Multifamily Lending - Conventional Screening - Senior Associate - JPMorgan Chase
New York, NY
About the Job
Are you passionate about Commercial Real Estate? Are you interested in a career in mortgage-backed securities from Government Sponsored Enterprises? If yes, our Agency Multifamily Lending group is the right team for you.
As an Associate for Screening on the Off-Balance Sheet and Agency Lending team, you are in charge of working with the originations teams throughout Commercial Real Estate to ensure a smooth process for multifamily Agency loans, establish and maintain effective relations with internal business partners including sales, processing, closing and legal, and the Government-Sponsored Agencies.
Job Responsibilities
+ Manage a deal pipeline of Agency loans across the country.
+ Review and/or complete preliminary loan sizing templates and approval memos, and provide oversight/training for junior associates/analysts to obtain internal and Agency approval and issue term sheets.
+ Coordinate with origination, internal credit, and Agency to identify/mitigate major key risk to stakeholders and refine/solve any issue with quote.
+ Submit all pertinent documentation in agency and internal origination systems
+ Understand Agency pricing and work with Commercial Real Estate pricing desk for quotes.
+ Handle loan application transitions to the underwriting team,
+ Act as liaison with internal stakeholders and be available for assistance when necessary
Required qualifications, capabilities, and skills
+ A Bachelor's degree or higher
+ 2+ years of real estate lending with background in Multifamily Agency lending, including credit considerations and financial analysis
+ Strong organizational and execution skills including ability to multitask and work independently across various levels in the organization.
+ Ability to work with clients and internal stakeholders
+ Excellent written and verbal communication skills
+ Highly motivated with strong work ethic and desire to work in a fast-paced environment
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 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 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 is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
New York,NY $99,750.00 - $150,000.00 / year
As an Associate for Screening on the Off-Balance Sheet and Agency Lending team, you are in charge of working with the originations teams throughout Commercial Real Estate to ensure a smooth process for multifamily Agency loans, establish and maintain effective relations with internal business partners including sales, processing, closing and legal, and the Government-Sponsored Agencies.
Job Responsibilities
+ Manage a deal pipeline of Agency loans across the country.
+ Review and/or complete preliminary loan sizing templates and approval memos, and provide oversight/training for junior associates/analysts to obtain internal and Agency approval and issue term sheets.
+ Coordinate with origination, internal credit, and Agency to identify/mitigate major key risk to stakeholders and refine/solve any issue with quote.
+ Submit all pertinent documentation in agency and internal origination systems
+ Understand Agency pricing and work with Commercial Real Estate pricing desk for quotes.
+ Handle loan application transitions to the underwriting team,
+ Act as liaison with internal stakeholders and be available for assistance when necessary
Required qualifications, capabilities, and skills
+ A Bachelor's degree or higher
+ 2+ years of real estate lending with background in Multifamily Agency lending, including credit considerations and financial analysis
+ Strong organizational and execution skills including ability to multitask and work independently across various levels in the organization.
+ Ability to work with clients and internal stakeholders
+ Excellent written and verbal communication skills
+ Highly motivated with strong work ethic and desire to work in a fast-paced environment
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 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 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 is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
New York,NY $99,750.00 - $150,000.00 / year
Source : JPMorgan Chase
