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Commercial Lease Abstract Analyst



Bengaluru, Karnataka, India
Posted on Thursday, July 11, 2024

Job Description

Organization Description

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.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific Risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.

Employer Description

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. 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.

Job Description :

As a Commercial Lease Abstract Analyst, you will provide concentrated focus on the proper execution of production support for several Appraiser’s and Underwriter’s across US Regions. The role will be key support in Abstracting, Reconciliation of pertinent information from Commercial Lease Agreements to quicken Appraisal and Underwriting decisions. Requires excellent collaboration with Sales and Appraisal teams to ensure there is high visibility and awareness of jobs in progress.

Job Responsibilities:

  • Perform review of Commercial Leases, Rent Roll documents to Interpret & Abstract critical data’s, Income & Expenses, leasing terms of subject commercial properties.
  • Compare & validate data to address any material discrepancies with rent roll.
  • Validate document / explanations submitted by Sales / Client to clear outstanding exceptions.
  • Always ensure that standard operating procedures are adhered to and are always updated.
  • Ensure adherence to the quality control standards, Perform Root Cause Analysis.
  • Analytical & demonstrate attention to detail and accuracy with completed work.
  • Update MIS/KPI on a daily, weekly or monthly basis & ability to prepare presentations .

Eligibility Requirements:

  • Bachelor degree in Law, Commerce / Accounting preferred.
  • 1 years-3 years of experience in Commercial dept., Abstraction, Paralegal and Various loan documents preferred.
  • Candidate must be open to work in India evening / USA shifts.
  • Good Communication, Excellent interpersonal, Presentation & Ownership skills .
  • Must be flexible, excellent team player, and able to work effectively in a fast paced sales environment.
  • Ability to anticipate issues, escalate/clarify queries, work with limited supervision/instructions on assignments.
  • Strong knowledge of MS-office (Outlook, Excel) & PDF applications.