Job Description
Division Manager, East Region – Managing Director, Community Development Banking
JPMorganChase’s Community Development Real Estate Banking (CDRE) business is a national leader in community development finance for affordable housing and economic development projects. Through our resources, CDRE offers financing for projects of any size and complexity, including acquisition loans, bridge loans, construction financing, letters of credit to support bond transactions, and long-term permanent taxable and tax-exempt financing for Low Income Housing Tax Credit developments. CDRE's clients include: for-profit and not-for-profit developers; government entities engaged in housing and economic development; and community-based organizations.
As a Division Manager, East Region - Managing Director, Community Development Banking within JPMorganChase’s Community Development Real Estate Banking (CDRE), you will be responsible for leading and supervising the delivery of affordable housing and banking products to clients based in the East Region. The East Region covers Maine to Florida with offices in Boston, New York City, Washington D.C., Atlanta, and Tampa. You will lead a team of bankers, develop and implement business strategy, identify opportunities for new products, and actively participate in initiatives designed to mitigate risk and improve client satisfaction. This role offers the opportunity to leverage your experience in affordable housing, community development, and management to make a significant impact on our clients and communities.
Job Responsibilities
- Lead a team of bankers, driving a diverse and inclusive culture focused on high employee engagement and retention
- Develop and implement business strategy, and influence change through effective relationship management across a wide network of partners
- Prioritize and identify top prospect and client relationships; track pipeline and develop reporting of team efforts and results
- Identify opportunities for new products, enhancements to meet industry-specific needs
- Research, maintain, and distribute key industry information including industry financial comparisons, market leaders, competitor insight, regulatory issues and trends
- Actively participate, syndicate, innovate and support process, policy and technology initiatives designed to mitigate risk; improve speed, quality and overall client satisfaction
Required Qualifications, Capabilities, And Skills
- 10 plus years affordable housing, community development and management experience
- Bachelor's Degree or equivalent
- Skills should include experience in structuring, underwriting, closing, and administering commercial real estate construction loans for affordable multifamily housing, deep industry relationships with borrowers and real estate centers of influence
- Demonstrated experience leading cross functional teams within a business development environment
- Extensive knowledge of mortgage products, financial services, lending, and real estate compliance in addition to sales management techniques
- Divergent managerial skills including delegation, coaching and demonstrated leadership abilities among peers, team members and senior executives
About Us
JPMorganChase, 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.
