Be at the center of U.S. commercial real estate capital markets—help bring complex securitizations to life from structuring through primary distribution.
Job summaryThe CMBS business within the Securitized Products Group (“SPG”) originates fixed and floating rate commercial real estate loans and securitizes them on a principal basis in fixed rate conduit CMBS and fixed and floating rate single asset/single borrower (“SASB”) CMBS. The group works with a diverse range of clients including private equity and real estate debt funds, real estate investment trusts, hedge funds and sophisticated, high net worth individual investors.
The CMBS Capital Markets team oversees the securitization, rating, structure and primary distribution of new issuance agency and non agency (private label) CMBS, CRE CLO and other CRE backed transactions executed in both principal and agented capacities. As an Analyst within the CMBS Capital Markets team, you will gain extensive exposure to the entire U.S. commercial real estate sector and interface with participants and stakeholders in various aspects of the industry and securitization process.
Job responsibilities- Interfacing with J.P. Morgan’s commercial mortgage origination team, CMBS trading desk, external legal counsel, rating agencies, accountants and investors in order to manage the securitization process
- Reviewing loan documentation and due diligence to prepare transaction data tapes and summary term sheets
- Analyzing underlying mortgages and real estate properties in conjunction with the execution of CMBS and CLOs
- Marketing primary issuance fixed rate, floating rate, NPL and CLO securitizations to potential investors
- Working with a variety of clients (financial institutions, REITs, private equity funds and hedge funds) to execute bespoke commercial real estate securitizations on a principal or agented basis
- 1–3 years of experience in structured finance, processing MBS/CMBS transactions
- Bachelor’s degree or higher, ideally in a finance-related field of study such as Economics, Finance, Engineering or Mathematics
- Firm understanding of the principles of finance, business operations, and mathematical and/or statistical modeling
- Ability to collect and analyze large amounts of market information, extract its essence and incorporate the findings into valuation models and processes
- Strong user of widely used technical tools such as Excel and PowerPoint
- Creative problem solver with ability to perform well under pressure
- Clear, logical thinker with strong quantitative abilities
- Detail oriented, with a highly disciplined approach to process and quality control
- Ability to learn quickly, multi-task and self-manage priorities
- Effective communication skills to interact functional partners, clients and rating agencies
- Strong team player
- Prior capital markets experience in CMBS (Conduit, SASB, CRE CLO) deal execution
- Experience with Intex, Bloomberg, CoStar or other fixed income analytical tools
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
Skills Required
- 1-3 years of experience in structured finance or processing MBS/CMBS transactions
- Bachelor's degree or higher, preferably in Finance, Economics, Engineering, or Mathematics
- Understanding of finance, business operations, and mathematical or statistical modeling
- Ability to analyze market information and incorporate findings into valuation models and processes
- Strong proficiency with Excel and PowerPoint
- Strong quantitative, analytical, problem-solving, communication, and organizational skills
- Ability to learn quickly, multitask, and manage priorities under pressure
- Prior CMBS capital markets deal execution experience, including Conduit, SASB, or CRE CLO transactions
- Experience with Intex, Bloomberg, CoStar, or other fixed-income analytical tools
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
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Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
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Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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