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Commercial Banker/Vice President - Community Development Banking (New Markets Tax Credits) - Los Angeles, CA; New York, NY; Chicago, IL; Washington, DC; or San Francisco, CA

Req #: 180037976_3
Location: San Francisco, CA, US
Job Category: Relationship Management/Sales
Potential Referral Amount: 0 US Dollar (USD)

The Community Development Tax Credit (CDTC) Group is a part of Chase’s Commercial Bank Community Development Team, which delivers financial products to support development and revitalization of low- and moderate-income communities. The New Markets Tax Credit (NMTC) Originator will be a part of the team that manages the Bank's NMTC initiatives. The Originator will have responsibility for identifying, underwriting, structuring and closing NMTC equity investments. Additionally, the NMTC Originator will have responsibility for covering specified geographies, and developing and maintaining relationships with allocatees of the NMTCs, the legal community, accountants and consultants supporting the NMTC industry. The position will work with multiple lines of business within Chase including Community Development Real Estate, Community Development Financial Institution lending, Government & Non-Profit Banking, and Middle Market Banking to originate, structure and close NMTC debt transactions. The successful candidate will work in a fast-paced, entrepreneurial atmosphere that requires flexibility and attention to detail.


Major Functions (Principal Duties and Responsibilities):

  • Independently generate new NMTC investment opportunities through cultivation of prospects, calling on referral sources, and networking with centers of influence.
  • Support business development for NMTC-eligible transactions - work with JPMC Commercial Bankers, external contacts, sponsors and clients to identify and screen investing and lending opportunities.  
  • Conduct due diligence for NMTC equity investments
  • Prepare term sheets and credit approval documents for NMTC equity investments
  • Create models for transactions involving multiple sources of capital, including NMTC equity
  • Lead deal teams consisting of internal and external partners to structure and close structured financings involving NMTC subsidy
  • Develop and maintain relationships with allocatees of the NMTCs
  • Assist in the reporting and compliance requirements of JPMorgan Chase's NMTC allocations
  • Participate in meetings with customers and internal management 
  • Liaison with internal business groups


  •  7+ years of credit analysis, structured finance or equity investment experience
  • Knowledge of and use of NMTCs strongly preferred.
  • Strong analytic and writing skills
  • Excellent project management skills with the ability to multi-task
  • Excellent interpersonal, communication and teamwork skills
  • Strong computer skills, including Excel, Word and PowerPoint
  • Demonstrated ability to work independently and within the context of a deal team
  • Demonstrated ability to motivate others to achieve client and deal team goals.
  • Demonstrated ability to simplify complex projects by focusing on key issues, activities and goals and identifying and acting upon a critical path
  • Demonstrated ability to identify obstacles and quickly create solutions
  • Bachelor Degree required
  • MBA or advanced degree a plus, but not required

The final officer title and job grade is at the discretion of the firm and will be discussed at the time of offer.  It may be different than what is listed on the requisition based on candidate experience level.  

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