Risk Management-Real Estate Credit Risk Associate

Location: Chicago, IL, United States

Job Family: Associates

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client service. The Risk Management-Real Estate Credit Risk Associate role within the Commercial and Investment Banking (CIB) Real Estate Credit Risk Team is pivotal in safeguarding our real estate portfolio against potential risks while supporting strategic growth. Based in our Chicago, IL office, this associate-level position offers the opportunity to work on high-impact projects in one of the most dynamic segments of the financial industry. As part of a collaborative team, you will contribute to the evaluation and management of credit exposures in commercial real estate, ensuring alignment with our robust risk appetite and regulatory standards. In this role, you will dive deep into credit analysis, leveraging advanced financial modeling to assess borrower profiles, property valuations, and market conditions. Responsibilities include monitoring portfolio health, conducting stress tests under various economic scenarios, and partnering with origination and business teams to mitigate risks proactively. You will play a key role in producing insightful reports that inform senior management decisions and ensure compliance with frameworks like Basel III and Dodd-Frank. This position demands a keen eye for detail and the ability to navigate complex real estate transactions, from multifamily developments to commercial office spaces, all while upholding JP Morgan Chase's commitment to ethical risk management. We seek candidates who thrive in a fast-paced environment and bring a blend of technical expertise and strategic thinking to the table. This role not only provides exposure to cutting-edge risk tools and methodologies but also offers pathways for career advancement within our world-class institution. Join JP Morgan Chase to make a meaningful impact on our real estate lending practices and contribute to the firm's enduring legacy of financial excellence.

Key Responsibilities

• Conduct thorough credit analysis and risk assessments for commercial real estate loans and investments within the CIB portfolio
• Develop and maintain financial models to evaluate borrower creditworthiness, collateral values, and potential risks
• Monitor ongoing portfolio performance, identifying emerging risks and recommending mitigation strategies
• Collaborate with origination teams, relationship managers, and senior risk officers to ensure sound credit decisions
• Prepare detailed risk reports and presentations for internal stakeholders and regulatory compliance
• Perform stress testing and scenario analyses to assess the impact of economic downturns on real estate exposures
• Support the implementation of risk policies and procedures aligned with JP Morgan Chase's enterprise risk framework
• Assist in due diligence processes for new real estate transactions, including site visits and market research
• Contribute to the development of early warning systems for deteriorating credits
• Ensure adherence to all applicable regulatory and internal governance standards

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field
• 2-5 years of experience in credit risk management, commercial lending, or real estate finance within the financial services industry
• Strong understanding of commercial real estate markets, including property types, valuation methods, and market trends
• Proficiency in financial modeling, credit analysis, and underwriting principles
• Knowledge of regulatory requirements such as Basel III, Dodd-Frank, and OCC guidelines for real estate lending
• Excellent analytical skills with the ability to assess credit risk in complex portfolios
• Ability to work in a fast-paced environment and collaborate with cross-functional teams

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or relevant certifications (e.g., CFA, CPA)
• Experience with JP Morgan Chase's internal risk management systems or similar banking platforms
• Prior exposure to commercial and investment banking (CIB) real estate portfolios
• Familiarity with stress testing and scenario analysis for real estate credit exposures
• Demonstrated experience in portfolio monitoring and early warning indicator development

Required Skills

• Credit analysis and underwriting
• Financial modeling (Excel, VBA)
• Real estate valuation techniques
• Risk assessment and portfolio management
• Regulatory compliance knowledge
• Data analysis and interpretation
• Report writing and presentation skills
• Analytical thinking and problem-solving
• Attention to detail
• Team collaboration and communication
• Market research and trend analysis
• Stress testing methodologies
• Project management
• Adaptability in dynamic environments
• Proficiency in banking software and tools

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development opportunities, including tuition reimbursement and access to internal training programs
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at Chicago office locations
• Flexible work arrangements and hybrid work options where applicable

JP Morgan Chase is an equal opportunity employer.