Development Risk Manager - Securitized Products Group - Associate
Job Listings Title:
Development Risk Manager - Securitized Products Group - Associate
Post Date
12/5/2025
Expiration Date
3/5/2026
Details:
Be part of a dynamic group making a difference in communities nationwide by investing in affordable housing and historic projects. As a Housing Investments Development Risk Manager, you will help shape the future of real estate development through strategic risk management and collaboration.
Job summary
Tax Oriented Investments (TOI) is a Chicago-based team of 100 professionals within the Investment Banks Securitized Products Group, specializing in tax credit equity investments in affordable housing, historic projects, renewable energy, and leasing. As a Development Risk Manager (DRM) in the Direct Affordable Housing (DAH) Originations group, you will assess the feasibility and risks of real estate projects utilizing the Federal Section 42 Low Income Housing Tax Credit (LIHTC) program. You will monitor properties through construction and stabilization, focusing on design and construction risks, and provide expert advice to transaction leaders and senior management.
Job responsibilities
Perform preliminary feasibility analysis of prospective investment opportunities from a design and construction perspective
Evaluate the qualifications of the development team
Analyze real estate market conditions and long-term competitiveness of built improvements
Review and evaluate site control, entitlements, approvals, soil, and environmental conditions
Review and evaluate project design, budget, schedule, and quality control program with third-party Architectural/Engineering consultants
Review and evaluate sufficiency of construction contracts and contingencies
Review and evaluate project insurance needs and coverages
Review project documents for conformance to acquisition guidelines
Review project documents for disbursement of equity contributions
Qualifications:
Required qualifications, capabilities, and skills
Professional degree in Architecture, Engineering, or Construction Management
Strong understanding of real estate development processes, especially architectural, engineering, and construction practices
Familiarity with principles of real estate finance
Strong analytical and problem-solving skills
Excellent written, presentation, and quantitative communication skills
Proficiency with spreadsheets and databases
Preferred qualifications, capabilities, and skills
Experience with multi-family product, especially LIHTC properties
Ability to foster professional relationships among syndicator partners and industry colleagues
3+ years of experience in Architecture, Engineering, Construction, or Real Estate development; experience with multi-family and LIHTC properties a plus
Experience maintaining project construction and lease-up databases
Ability to contribute to Investment Committee presentations
Comments:
Use the following link to apply:
https://jpmc.fa.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_1001/job/210679115/?utm_medium=jobshare&utm_source=External+Job+Share
Employer:
JPMorganChase
Contact:
Kurt A. Lundgren
Work Phone:
3124200304
Email:
kurt.a.lundgren@jpmorgan.com
Website:
https://www.jpmorganchase.com/