Asset Management - Real Estate Debt Underwriter - Associate

JPMorgan Chase • New York, NY

405d • $142,500 - $235,000

About The Position

As an Associate in the Real Estate Americas Debt Investment Team at J.P. Morgan Asset Management, you will be responsible for identifying and underwriting prospective lending opportunities across various property types. This role involves formulating investment strategies, preparing investment committee memos, and developing relationships with key industry stakeholders.

Requirements

• A minimum of 3 years of real estate work experience.
• Excellent financial modeling skills including high proficiency in Excel and Argus.
• Knowledge of fundamental real estate cash flow and valuation analysis for various sectors.
• Experience with deal management, including risk identification and structuring to mitigate risk.
• Ability to multi-task and work effectively on multiple deals.
• Strong interpersonal skills to establish and manage relationships with various stakeholders.
• Excellent written and verbal communication skills.
• Highly organized with a keen attention to detail.
• Strong quantitative and analytical skills.
• Desire to take initiative and be a team player.

Nice To Haves

• Previous experience in real estate, investment banking, private equity, credit, or CMBS.
• Prior responsibility for underwriting.

Responsibilities

• Underwrite potential lending opportunities for various funds and investment vehicles.
• Analyze investments across multiple product types and risk profiles from senior loans to mezzanine investments.
• Create detailed financial underwriting models for real estate investments.
• Assist with modifications and loan restructurings as needed.
• Perform property and market research to understand key risks and vet underwriting assumptions.
• Assist in execution of deals from underwriting through closing.
• Conduct site inspections.
• Participate in the preparation of internal memos and due diligence processes.
• Communicate investment recommendations with senior leaders and the investment committee.
• Collaborate with Asset Management, Valuations, Finance, and other internal stakeholders.

Benefits

• Comprehensive health care coverage.
• On-site health and wellness centers.
• Retirement savings plan.
• Backup childcare.
• Tuition reimbursement.
• Mental health support.
• Financial coaching.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: No Education Listed