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Historic Tax Credit Banker - Community Development Banking - Associate Banker

JPMorgan Chase

Historic Tax Credit Banker - Community Development Banking - Associate Banker

JPMorgan Chase

Los Angeles, CA, United States, US

·

On-site

·

Full-time

·

3w ago

Are you passionate about Commercial Real Estate? Are you interested in a career in Historic Tax Credit Equity? Do you take pride in supporting impactful adaptive reuse developments around the country? If yes, our Historic Tax Credit group is the right team for you.

As a Community Development Tax Credit (CDTC) Associate Banker. This role supports the delivery of financial products that foster development and revitalization in low- and moderate-income communities, with a focus on Historic Tax Credit (HTC) equity investments. As an Associate Banker, you will work alongside experienced professionals to identify, underwrite, structure, and close HTC equity investments, contributing to impactful adaptive reuse developments nationwide

Job Responsibilities:

  • Assist in generating new HTC investment opportunities by cultivating prospects, networking with referral sources, and supporting business development efforts for HTC-eligible transactions
  • Support due diligence processes for HTC equity investments, including preparing term sheets and credit approval documents
  • Collaborate with deal teams consisting of internal and external partners to structure and close financings involving HTC subsidies.
  • Develop and maintain relationships with developers, legal professionals, accountants, and consultants in the HTC industry.
  • Work with multiple lines of business within JPMorgan Chase, including Commercial Real Estate, Community Development Real Estate, Private Banking, and Middle Market Banking.

Required Qualifications, Capabilities, and Skills:

  • Bachelor’s degree required.
  • Strong analytic and writing skills.
  • Excellent project management skills with the ability to multi-task.
  • Strong interpersonal, communication, and teamwork skills.
  • Proficiency in Microsoft Excel, Word, and PowerPoint.
  • 2+ years of credit analysis, structured finance, real estate or equity investment experience

Preferred Qualifications, Capabilities, and Skills:

  • Experience in credit analysis, structured finance, real estate, or equity investment.
  • Knowledge of Historic Tax Credits is strongly preferred.
  • MBA or advanced degree is a plus, but not required

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About JPMorgan Chase

JPMorgan Chase

JPMorgan Chase & Co. is an American multinational banking institution headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States, and the world's largest bank by market capitalization as of 2025.

300,000+

Employees

New York City

Headquarters

$500B

Valuation

Reviews

3.8

10 reviews

Work-life balance

3.2

Compensation

4.1

Culture

3.8

Career

3.0

Management

2.5

65%

Recommend to a friend

Pros

Good benefits and compensation

Supportive and collaborative environment

Flexible work arrangements

Cons

Long hours and heavy workload

Management issues and lack of direction

High stress during peak times

Salary Ranges

41 data points

Analyst

Junior/L3

Mid/L4

Senior/L5

Analyst · Analyst, Investment Banking

6 reports

$126,500

total per year

Base

$110,000

Stock

-

Bonus

-

$103,500

$201,250

Interview experience

5 interviews

Difficulty

3.0

/ 5

Duration

14-28 weeks

Offer rate

40%

Experience

Positive 20%

Neutral 80%

Negative 0%

Interview process

1

Application Review

2

HireVue Video Interview

3

Recruiter Screen

4

Superday/Panel Interview

5

Final Interview

6

Offer

Common questions

Behavioral/STAR

Technical Knowledge

Culture Fit

Past Experience

Case Study