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JPMorganChase · Los Angeles, CA

# Asset Management - Commercial Real Estate Debt Underwriter - Associate

Los Angeles, CA, United States Sales 

Listed on JPMorganChase’s official careers site. Posted September 29, 2026. Check that it is still open and apply there.
[Apply on JPMorganChase’s careers site →](https://jpmc.fa.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_1001/job/210723576)

[OpenNash Jobs](https://jobs.opennash.com/) / [JPMorganChase](https://jobs.opennash.com/companies/jpmorganchase/) / Asset Management - Commercial Real Estate Debt Underwriter - Associate

## Job description

J.P. Morgan Asset Management – Real Estate Americas is one of the world's largest real estate investment advisors with over $70 billion of real estate assets under management in North America. Given its relationships, reputation, and size, JPMAM Real Estate Americas transacts in an average of $7 billion in combined acquisition and disposition activity annually. JPMAM Real Estate Americas is comprised of more than 250 real estate professionals organized within key functional areas.

### Job Summary

As an Associate in the Real Estate Americas Debt Investment Team, you will play an integral role in identifying and underwriting prospective lending opportunities across various property types. You will formulate investment strategies and recommendations, review market research, prepare investment committee memos, and participate in investment committee presentations. You will also develop strong relationships with brokers, banks, borrowers, and industry peers.

### Job Responsibilities

Underwrite potential lending opportunities for various funds and investment vehicles
- Analyze investments up and down the capital stack, across multiple product types and risk profiles from senior loans to mezzanine investments
- Create detailed and complex financial underwriting models for the financing of real estate investments
- Assist with modifications and loan restructurings on an as needed basis
- Perform property and market research through conversations with brokers, sponsors, market participants, and REA regional teams to understand the key risks of each investment and vet underwriting assumptions.
- Assist in execution of deals from underwriting through closing
- Conduct site inspections
- Participate in the preparation of internal memos, due diligence, site inspections, managing documentation and the investment closing process
- Communicate investment recommendations with senior leaders and the investment committee
- Collaborate with Asset Management, Valuations, Finance, and other internal stakeholders
- Provide support for the continuous asset management of existing investments Required qualifications, capabilities and skills A minimum of 5 years of real estate work experience.
- Excellent financial modeling skills including high proficiency in Excel; Argus proficiency
- Knowledge of fundamental real estate cash flow and valuation analysis for office, industrial, retail, and multifamily sectors Experience with deal management, including risk identification and structuring to mitigate risk
- Ability to multi-task and work effectively on multiple deals with several originators
- Strong interpersonal skills to establish and manage relationships with borrowers, mortgage bankers, participating lenders, lawyers, and team members.

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. Preferred qualifications, capabilities and skills Previous experience in real estate, investment banking, private equity, credit, CMBS preferred Prior responsibility for underwriting preferred.

## At a glance
- Posted by the employer: Sep 29, 2026
- First seen by OpenNash: Jul 10, 2026
- Last checked: Oct 20, 2026
- Listed for: 102 days
- Location: Los Angeles, CA, United States[Apply on JPMorganChase’s careers site →](https://jpmc.fa.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_1001/job/210723576)

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