Commercial Banking – 2024 Commercial Real Estate Summer Analyst Program

The Commercial Real Estate (CRE) group at J.P. Morgan prides itself on leveraging its industry knowledge to offer best in class financial solutions across all major real estate asset types: multifamily, retail, office and industrial properties. We work with national and regional clients across the entire real estate sector, including developers, investors, owners, operating companies, investment funds, real estate investment trusts, and non-profit organizations.

Working here means joining a collaborative, supportive team. We want your diverse perspective to help us develop the next wave of products and solutions for our clients. We’ll provide everything you need to be successful – from training and mentorship from senior leaders to projects that engage all your skills.

How we’re organized:

Summer Analysts in CRE will work with a team of real estate professionals in one of the three real estate businesses listed below to deliver best-in-class financial solutions to help our clients achieve their financial goals.

• Community Development Banking (CDB) – Provides financial solutions that support the growth of affordable housing and revitalization of low-and moderate-income communities across the U.S.
• Real Estate Banking (REB) – Delivers commercial real estate and banking products to national and regional real estate developers, investors, Real Estate Operating Companies (REOCs), Real Estate Investment Trusts (REITs) and opportunity and investment funds
• Agency Lending - Term lending solutions to Multifamily borrowers through Fannie Mae's Delegated Underwriting and Servicing Platform. OBS provides additional CRE lending products which effectively match investor capital with borrower needs, including Freddie Mac and other CRE financing tools. The OBS product line is designed to meet CRE borrower needs and meet firm-wide objectives (affordable housing, balance sheet liquidity, etc.).

What to expect:

Our Summer Analyst Program will provide you with an introduction to client management, credit underwriting principals, and product sales, allowing you to develop the necessary skillset to become a successful Full-Time Analyst. Our 9-week program begins with one week of orientation and training, giving you key practical and financial knowledge you’ll use throughout the summer. You’ll have opportunities to network with peers, work with colleagues and senior managers, and participate in training and learning opportunities to sharpen your skills.

You will be provided a valuable look into Commercial Real Estate as well as Commercial Banking as a whole. Assignments may include credit and financial analysis, researching industries and markets, preparing presentations, internal memos, and pitch materials.

Upon successful completion of the internship program, you may receive an offer to return to the CRE business of your completed internship, in a 2.5 year, full-time Analyst program. The Full-Time program includes targeted Commercial Real Estate training paired with exposure to Sales/Originations, Credit/Risk, Portfolio Management, and Treasury within the real estate business. The program provides Analysts with the ability to develop a strong foundation of analytical skills across a range of asset classes needed for a successful career in Commercial Real Estate.

You’ll make an impact by:

• Working on financial models to support financing transactions
• Assisting in the completion of credit approval memos
• Preparing marketing materials for use in client meetings covering topics such as financing alternatives and industry trends & analysis
• Developing an understanding of the full breadth of J.P. Morgan products and service offerings

About you:

We are looking for individuals who have an interest in real estate and a desire to work with team members to build client relationships and provide exceptional client service. You’ll also have:

• Exceptional verbal and written communication skills
• Excellent problem solving and critical thinking skills
• Strong attention to detail
• Ability to thrive in a collaborative work environment
• Coursework in real estate, finance, accounting or economics a plus
• Authorization to work permanently in the U.S.
• Preferred GPA of 3.2 on a 4.0 scale
• Graduation date between December 2024 - June 2025

Locations and businesses:

• Chicago – CDB, REB, Agency
• Dallas - REB
• Los Angeles - CDB
• Irvine – REB, Agency
• San Francisco – REB, CDB
• New York – REB, CDB, Agency

What’s Next?

Help us learn about you by submitting a complete and thoughtful application, which includes the following step:

To be considered for the CRE Summer Analyst Program, you must complete the following steps

1. Complete this application including selecting Line of Business Preference
2. If you meet the minimum criteria for the Program application, you will receive an invitation to complete HireVue.

• Note, applications will be reviewed on a rolling basis, we strongly encourage you to complete your HireVue video(s) within 1 week of receiving.

1. If selected, our team will reach out to you with final details.

About Us

JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the “WELL Health-Safety Rating” for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm’s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm’s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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.

Equal Opportunity Employer/Disability/Veterans

About the Team

Commercial Banking is focused on helping our clients succeed and making a positive difference in our communities. We provide credit and financing, treasury and payment services, international banking and real estate services to clients including corporations, municipalities, institutions, real estate investors and owners, and nonprofit organizations.

JPMorgan Chase is committed to creating an inclusive work environment that respects all people for their unique skills, backgrounds and professional experiences. We strive to hire qualified, diverse candidates, and we will provide reasonable accommodations for known disabilities.

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©2023 JPMorgan Chase & Co. JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran