Transaction Manager- Community Development Banking- Associate

Location: Houston, TX, United States

Job Family: Client Management

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.9 trillion and operations worldwide. As the national leader in community development finance, our Community Development Banking (CDB) team drives impactful investments in affordable housing and economic development projects that strengthen communities across the United States. We are seeking a Transaction Manager - Associate to join our Houston team, where you will play a key role in managing complex financing transactions that support underserved markets and align with our commitment to inclusive growth. In this client-facing role within the Client Management category, you will oversee the end-to-end transaction process for a portfolio of community development loans, from origination to closing and monitoring. Responsibilities include performing detailed financial due diligence, structuring deals to maximize community impact, and ensuring compliance with federal regulations such as the Community Reinvestment Act (CRA). You will collaborate closely with developers, non-profits, and internal partners at JPMorgan Chase to deliver creative financing solutions, such as those involving Low-Income Housing Tax Credits (LIHTC) or New Markets Tax Credits (NMTC), while mitigating risks and driving measurable outcomes like job creation and affordable housing units. The ideal candidate thrives in a fast-paced environment, combining technical expertise in real estate finance with a passion for social impact. Based in Houston, TX, this position offers the opportunity to contribute to JPMorgan Chase's broader mission of powering the progress of individuals and communities. With access to world-class resources and a supportive team, you will advance your career while making a tangible difference in economic development.

Key Responsibilities

• Manage a portfolio of community development loans focused on affordable housing and economic development projects, ensuring timely transaction processing and compliance
• Conduct due diligence on prospective deals, including financial analysis, risk assessment, and site evaluations
• Collaborate with clients, developers, and internal teams to structure financing solutions that align with JPMorgan Chase's community impact goals
• Monitor ongoing transactions, track performance metrics, and prepare reports for senior management and regulatory bodies
• Build and maintain relationships with community stakeholders, non-profits, and government agencies to source new opportunities
• Ensure adherence to JPMorgan Chase's risk management policies and community reinvestment act (CRA) requirements
• Support the development of innovative financing products for underserved markets
• Participate in industry events and contribute to thought leadership in community development finance
• Assist in mentoring junior team members and contributing to team-wide training initiatives

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Real Estate, or a related field
• Minimum of 3-5 years of experience in community development finance, affordable housing, or economic development lending
• Strong understanding of federal and state regulations governing community development banking, including CRA and HMDA
• Proven track record in managing loan portfolios and transaction processing in a financial services environment
• Experience with financial modeling and analysis for real estate or development projects
• Ability to travel up to 25% for client meetings and site visits

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or relevant certifications (e.g., CFA, CPA)
• Prior experience working with non-profit organizations or community development entities
• Knowledge of tax credit programs such as LIHTC (Low-Income Housing Tax Credits)
• Familiarity with JPMorgan Chase's internal systems and community development initiatives

Required Skills

• Financial analysis and modeling
• Loan structuring and underwriting
• Regulatory compliance (CRA, HMDA)
• Relationship management
• Project management
• Risk assessment
• Excel proficiency for financial reporting
• Communication (verbal and written)
• Negotiation skills
• Knowledge of real estate finance
• Attention to detail
• Problem-solving
• Team collaboration
• Time management
• Adaptability in dynamic environments

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company match up to 5%
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development opportunities, including tuition reimbursement and access to JPMorgan Chase's internal training programs
• Employee stock purchase plan and financial wellness resources
• Hybrid work flexibility and wellness programs including gym memberships and mental health support
• Community involvement paid time off to volunteer with local organizations

JP Morgan Chase is an equal opportunity employer.