Join JPMorgan Chase's market-leading Securitized Products Group and help shape commercial real estate finance through CMBS and balance sheet lending. Partner with premier sponsors and institutions to originate, underwrite, and close complex transactions that drive client outcomes and firm performance.

Job summary:

As an Associate on the CMBS team within SPG, you will originate and underwrite commercial real estate loans across conduit, single asset/single borrower (SASB) securitizations, and balance sheet lending. You will lead due diligence, prepare credit materials, coordinate closings, and collaborate closely with securitization and capital markets teams while supporting ongoing asset management for balance sheet positions.

Job responsibilities

• Develop and maintain client relationships, focusing on origination with financial sponsors, REITs, pension funds, high net worth individuals, and corporations in real estate development and ownership.
• Prescreen opportunities prior to sizing, underwriting, and documentation.
• Lead due diligence, including property and portfolio analysis, market research, review of third party reports (appraisals, property condition, environmental), and site inspections of prospective collateral.
• Prepare and present credit memoranda for loan committees, rating agencies, and securitizations.
• Oversee the loan closing process, including legal document review and coordination with internal and external parties.
• Collaborate with securitization and capital markets teams on CMBS and balance sheet transactions.
• Support asset management of balance sheet loans, including ongoing surveillance and quarterly reviews.

Required qualifications, capabilities, and skills

• 5-7 years of relevant commercial real estate finance or CMBS experience, preferably in loan underwriting.
• BA/BS degree in finance, economics, real estate, or a related discipline preferred.
• Strong valuation, analytical, and problem‑solving skills.
• Advanced Excel and cash flow modeling skills; proficiency in Argus.
• Exceptional interpersonal, communication, and presentation skills.
• Willingness to travel.

ABOUT US

JPMorgan Chase, 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

ABOUT THE TEAM

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.