The Intermediaries Lending (IL) Group is part of Chase’s Community Development Banking Team, which delivers financial products to support development and revitalization of low- and moderate-income communities. The IL Banker will be part of the team that manages the bank’s CDFI lending initiatives, which is part of Chase’s Commercial Bank. The IL Banker will have responsibility for identifying, structuring and closing credit facilities for CDFIs and well as support the Treasury Services (TS) and other banking needs of CDFI clients. The IL Banker will support a specific CDFI client portfolio and work toward goals to establish new relationships with CDFIs. The position will work with multiple lines of business within Chase including New Markets Tax Credit (NMTC) investing, Community Development Real Estate lending, Government & Non-Profit Banking, and Corporate Responsibility to support client relationships. The successful candidate will work in a fast-paced, entrepreneurial atmosphere that requires flexibility and attention to detail.
Major Functions (Principal Duties and Responsibilities):
- Independently manage a client portfolio of CDFI clients and prospects to meet their borrowing, TS and other banking needs
- Support business development to expand and deepen CDFI relationships – work with internal partners to increase lending, investing and TS with clients and prospects
- Conduct due diligence and work with the risk underwriting team to prepare approval documents for CDFI credit facilities.
- Manage CDFI loan closing documentation through coordination between the client and internal and external legal counsel
- Create proposed capital stack solutions for transactions involving multiple sources of capital, including NMTC equity, tax increment financing, grants, and credit enhancement sources
- Lead CDFI loan syndication teams consisting of internal and external partners to structure and close financings involving multi-bank loan participations
- Develop and maintain relationships with target CDFI clients and prospects
- Participate in meetings with customers and internal management
- Liaison with internal business groups
- 5+ years of credit analysis, structured finance or intermediary lending experience
- Knowledge of and experience with CDFIs strongly preferred.
- Strong analytic and writing skills
- Excellent project management skills with the ability to multi-task
- Excellent interpersonal, communication and teamwork skills
- Strong computer skills, including Excel, Word and PowerPoint
- Demonstrated ability to work independently and within the context of a deal team
- Demonstrated ability to motivate others to achieve client and deal team goals.
- Demonstrated ability to identify obstacles and quickly create solutions
- Bachelor Degree required
- MBA or advanced degree a plus, but not required
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