Associate Banker-Community Development Banking- Associate

Location: Tampa, FL, United States

Job Family: Relationship Manager

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.9 trillion and operations worldwide, committed to helping communities thrive through innovative financing solutions. As an Associate Banker in Community Development Banking based in Tampa, FL, you will join the national leader in community development finance, focusing on affordable housing and economic development projects that drive inclusive growth. In this role, you will play a key part in originating and managing financing for initiatives that support underserved populations, aligning with the firm's dedication to the Community Reinvestment Act (CRA) and sustainable development goals. This position offers the opportunity to make a tangible impact in the Tampa Bay region while advancing your career in a dynamic, supportive environment at one of the world's most admired companies. Your primary responsibilities will include building and nurturing relationships with local developers, non-profits, and government entities to identify and pursue financing opportunities for affordable housing and community revitalization projects. You will conduct thorough due diligence, structure complex transactions involving tax credits like LIHTC and NMTC, and collaborate with cross-functional teams to ensure seamless execution. Additionally, you will monitor the performance of your portfolio, provide strategic insights on market trends, and contribute to outreach efforts that enhance JPMorgan Chase's presence as a trusted partner in community development. This role demands a blend of analytical rigor and interpersonal savvy to navigate the nuances of public-private partnerships and deliver measurable social and financial returns. At JPMorgan Chase, we value diverse perspectives and foster a culture of inclusion where every employee can excel. As an Associate, you will benefit from robust professional development resources, including mentorship programs and access to industry-leading training. This position is ideal for a motivated professional passionate about financial services and social impact, offering exposure to high-profile projects that shape the future of Tampa's communities. Join us to leverage your expertise in a role that combines purpose with professional growth in the heart of one of Florida's most vibrant markets.

Key Responsibilities

• Develop and maintain relationships with community organizations, non-profits, and developers focused on affordable housing and economic revitalization in the Tampa area
• Originate, underwrite, and structure debt and equity financing for community development projects aligned with JPMorgan Chase's commitment to inclusive growth
• Conduct due diligence on potential investments, including financial modeling, market analysis, and risk assessment for affordable housing initiatives
• Collaborate with internal teams such as credit risk, legal, and syndication to execute transactions efficiently
• Monitor portfolio performance of funded projects, ensuring compliance with CRA (Community Reinvestment Act) requirements and reporting obligations
• Engage in community outreach and education to promote JPMorgan Chase's community development programs and identify new business opportunities
• Prepare detailed reports and presentations for senior management on pipeline development and deal progress
• Support the integration of ESG (Environmental, Social, and Governance) factors into lending decisions for sustainable community impact
• Assist in mentoring junior team members and contributing to the broader Community Development Banking strategy
• Stay abreast of industry trends, policy changes, and competitive landscape in community finance

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• Minimum of 3 years of experience in community development banking, affordable housing finance, or economic development lending
• Strong understanding of federal and state regulations governing community reinvestment and affordable housing initiatives
• Proven track record in managing client relationships and structuring financial transactions in the financial services sector
• Ability to analyze financial statements and credit risks for non-profit and for-profit community development projects
• Excellent communication skills with the ability to engage diverse stakeholders including government entities and community organizations
• Willingness to travel up to 25% within the Tampa region and surrounding areas

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or relevant certifications such as CFA or CDE
• Experience working with Low-Income Housing Tax Credits (LIHTC) or New Markets Tax Credits (NMTC)
• Prior involvement in public-private partnerships for economic development projects
• Familiarity with JPMorgan Chase's community development finance initiatives and tools
• Bilingual proficiency in English and Spanish to serve diverse Tampa communities

Required Skills

• Financial analysis and modeling
• Credit underwriting and risk assessment
• Relationship building and stakeholder management
• Knowledge of affordable housing finance programs
• Regulatory compliance in banking (CRA, HMDA)
• Project management and deal structuring
• Data analysis using Excel and financial software
• Strong written and verbal communication
• Negotiation and problem-solving
• Understanding of economic development trends
• Team collaboration and leadership
• Attention to detail and organizational skills
• Adaptability to diverse community needs
• Proficiency in Microsoft Office Suite
• Ethical decision-making in high-stakes environments

Benefits

• Comprehensive medical, dental, and vision insurance plans with multiple coverage options
• 401(k) retirement savings plan with company matching contributions up to 6% of eligible pay
• Generous paid time off including vacation, sick days, and parental leave
• Tuition reimbursement program for professional development and advanced education
• Employee stock purchase plan allowing discounted purchases of JPMorgan Chase stock
• Wellness programs including gym memberships, mental health support, and fitness challenges
• Flexible work arrangements with hybrid options for work-life balance
• Access to exclusive employee perks such as financial planning services and cultural event discounts

JP Morgan Chase is an equal opportunity employer.