Client Associate

About the Role

J.P. Morgan Chase's Community Development Banking (CDB) business is a national leader in community development finance for affordable housing and economic development projects. This role is for a Client Associate - Community Development Banking - Associate within the Commercial Real Estate team.

Key Responsibilities

• Gather, analyze, and maintain client, sponsor, and deal information, including system updates and record completeness.
• Support pitch preparation by helping evaluate deal terms, project budgets, market context, development team, and overall economics.
• Prepare LOIs/term sheets and related client documentation in partnership with the Credit Originator.
• Build draft profitability models and partner with the originations team to finalize outputs.
• Coordinate due diligence collection, organization, and checklist tracking.
• Facilitate appraisals and third-party reports by managing information flow and communicating costs/timelines, and next steps.
• Coordinate internal stakeholder communications (e.g., Credit, CRELA, Legal, and other partners) to support onboarding and closing readiness.
• Collect and review required documentation and coordinate KYC initiation and data submissions.
• Track sponsor exposure, pipeline activity, allocations, deal status updates, and production reporting inputs.
• Monitor deal progress and escalate issues that may impact closing or conversion timelines.

Requirements & Tech Stack

• BA/BS degree
• Strong analytical and financial modeling skills; capacity to synthesize complex information and assess risk
• Track record of managing multiple transactions and deadlines with disciplined project management and follow through
• Ability to interact favorably in person and on the telephone with prospects, clients, consultants, government agency staff, and legal counsel
• Ability to work as a member of a team and adjust priorities as necessary
• Excellent organizational, written, and verbal communication skills
• Strong PC skills; proficient in MS Word, Excel, PowerPoint, and Outlook

Qualifications

• Experience in community development real estate lending or investing with a focus on affordable housing.
• Demonstrated underwriting expertise in Low Income Housing Tax Credits (LIHTC), subordinate/public subsidy layers, and construction/permanent financing structures.
• Commitment to the CRA mission and familiarity with how lending activities support community impact goals.

Preferred Qualifications

• Knowledge of standard bank credit policies and loan administration procedures
• Active industry engagement through conferences, associations, junior boards
• Some experience closing complex, multi-layered capital stacks with tax credits, bonds, and multiple subsidy sources.

This position is subject to Section 19 of the Federal Deposit Insurance Act. An employment offer is contingent on JPMorganChase's review of criminal conviction history.