Structured Finance Management Manager - Community Development Banking, Commercial Real Estate - Vice President

JPMorgan Chase

  • Chicago, IL
  • Permanent
  • Full-time
  • 1 month ago
Job Category: Relationship ManagerJob Description:As a Structured Finance Management Manager within Community Development Banking, you will develop and implement strategies and controls to ensure compliance monitoring and underwriting for both new and existing New Market Tax Credit (NMTC )projects. In this leadership role, you will interface with internal and external stakeholders, fostering collaboration and alignment. You will thrive in a fast-paced, entrepreneurial environment, demonstrating flexibility and attention to detail.Job Responsibilities
  • Lead a team of NMTC Structured Finance Managers, fostering a diverse and inclusive culture with a focus on high employee engagement and retention.
  • Train, develop, and collaborate with the NMTC team to identify risks and implement necessary changes to operating procedures.
  • Oversee compliance for the NMTC portfolio, assessing and improving current methods and processes for monitoring NMTC investments.
  • Develop and implement business strategies, influencing change through effective relationship management with internal and external partners.
  • Serve as the in-house subject matter expert on NMTC compliance, providing consultation to NMTC staff, management, and internal teams.
  • Provide accurate and timely reports to management on the NMTC portfolio, identifying potential risks and recommending mitigation strategies.
  • Provide leadership and vision for the development of NMTC proprietary software.
Required qualifications, skills, and capabilities
  • Proven experience in managing, coaching, and developing a team to achieve organizational goals and enhance team performance.
  • Excellent organizational, analytical, time management, interpersonal, relationship management, and verbal and written communication skills.
  • Skilled in leading challenging discussions and negotiating favorable solutions to compliance issues.
  • Ability to track, assess, and prioritize potential risks to the investor's tax credit realization.
  • Experience in leveraging technology and data analytics to drive business insights and decision-making.
  • Experience in conducting credit underwriting due diligence and reviewing legal agreements.
Preferred qualifications, skills, and capabilities
  • New Market Tax Credit Experience
  • Commercial Real Estate credit underwriting experience
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.About Us:JPMorganChase, 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, 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 for more information about requesting an accommodation.JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/VeteransAbout the Team:J.P. Morgan's Global Banking business is one of the largest wholesale banking client franchises in the world. We serve clients, including corporations, governments, states, municipalities, healthcare organizations, education institutions, banks and investors.Commercial Banking provides 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 not-for-profit organizations.

JPMorgan Chase