Bring your expertise to JPMorgan. As part of our Screening Team, you will play a pivotal role in advancing the firm’s multifamily housing goals by to assist the team and the GSE's in solving real-world challenges that impact our company, customers and communities. Our culture in Screening is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Screening Associate in the Screening Team, you will leverage credit training, data analysis, loan structuring, and client management for Fannie Mae and Freddie Mac multifamily loans to pre-screen the creditworthiness of clients, properties, and markets and assist Bankers with getting new loans under application.
Job Responsibilities
- Utilize preliminary underwriting skills and knowledge of Fannie Mae and Freddie Mac underwriting guidelines and pricing, to independently size loans and author concise, thoughtful analysis of transactions using appropriate structure while identifying key risks at the pre-application stage
- Work proactively with Banking team to ensure timely quotes and terms are delivered to the client
- Work with internal and external cohorts to ensure efficient and quick progression of deal intake through application
- Analyze due diligence documents and develop comprehensive understanding of collateral, cash flow, sponsor, and market risks for quote submissions prior to loan application
- Work through conventional transactions including portfolios, lease up, MHC, and standard market rate properties
- Contribute to platform infrastructure and processes through special projects
Required qualifications, skills and capabilities
- BS or advanced degree with business focus
- Minimum of two plus years experience in commercial real estate which might include pre-application screening experience and GSE quote submissions
- CRE Multifamily knowledge
- Strong verbal, written, and interpersonal skills
- Strong analytical and problem solving skills
- Advance proficiency in Microsoft Excel and Word.
Preferred qualifications, skills and capabilities
- Experience with Fannie Mae and Freddie Mac systems and applications
- Experience in using CLOSER (Commercial Loan Origination Securitization Enterprise Reporting) system
FEDERAL DEPOSIT INSURANCE ACT: This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase’s review of criminal conviction history, including pretrial diversions or program entries.
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 FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans