Posted in General Business 30+ days ago.
Type: Full-Time
Location: Chicago, Illinois
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. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/ .
Our Firmwide Risk function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment.
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.
JPMorgan Chase strives to be a catalyst for meaningful, positive and sustainable change in communities across the globe. This position offers an exciting opportunity to advance the firm's lending activities to community development financial institutions (CDFIs). The team is hiring a second Underwriting Associate to support the firm's growth in the CDFI space and to deliver loan capital to advance inclusive economic growth in low-income communities. The team works with CDFIs whose geographic targets and missions align with the firm's community reinvestment act objectives within its major markets.
The Underwriting Associate will sit with one other underwriter on the Intermediaries Lending team in the Community Development Bank (CDB) and will support three bankers.
Responsibilities:
The Underwriting Associate will support the bankers in various tasks to prepare credit approval memos, manage portfolio accounts and provide portfolio management support (i.e., management of on-going client relationships and transactions).
In preparation of credit approval packages, an underwriter reviews a CDFI's audited financial statements and portfolio quality to assess its current strength and provides a summary of the organization's current management, lending strategy and overall outlook. The Underwriting Associate will work closely with the Banker and will be expected to engage directly with CDFI project-level and executive staff. The Underwriter will be challenged to identify the key credit risks and communicate them in a clear and succinct presentation. The Underwriter's responsibilities will also include participation in the closing/documentation process on new loans, on-going valuation of loans within the portfolio and regulatory compliance, and timely maintenance of accurate books and records.
There are also frequently opportunities for the Underwriting Associate to work across business lines, including working with the Community Development Real Estate and New Markets Tax Credits teams to finance affordable housing and other community development projects.
Qualifications:
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
|
Kimberly-Clark USA, LLC
|
|
The Kroger Co.
|
|
BWAY
|
|
University of Wisconsin Hospitals and Clinics Authority
|
|
University of Wisconsin Hospitals and Clinics Authority
|
|
University of Wisconsin Hospitals and Clinics Authority
|
