Intro Marketing Language: Join our dynamic Wholesale Lending Services team and make a significant impact in the world of Commercial & Investment Banking. Apply today to be part of a team that values your expertise and dedication!
Job Summary: As a Loan Servicing Analyst in our Wholesale Lending Services team, you will provide operational support for our Commercial & Investment Banking operations. You will manage syndicated credit structures and bilateral loans, administering a portfolio of 30-40 syndicated accounts. You will maintain direct contact with borrowers, lenders, and business partners while performing various loan servicing tasks.
Job Responsibilities: - Initiate loan activities such as fundings, repricings, and payments as per client instructions and credit agreements.
- Calculate and track complex interest and fee accruals across changing lender distributions.
- Reconcile daily funding and payment activities to account for all cash transactions.
- Read and interpret complex legal credit agreements and related documentation, collaborating with attorneys when necessary.
- Initiate and reconcile automated funds movement according to client/lender instructions.
- Monitor and escalate past due principal, interest, and fees to ensure accurate loan accounting and timely client invoicing.
- Maintain margin changes and communicate effectively with the bank group.
Required Qualifications, Capabilities, and Skills: - Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint).
- General to intermediate accounting knowledge.
- Ability to manage concurrent assignments effectively and efficiently.
- Ability to work independently within a team environment.
- Excellent oral and written communication skills and strong interpersonal/client servicing skills.
- Strong analytical, problem-solving, and decision-making skills.
Preferred Qualifications, Capabilities, and Skills: - Familiarity with loan-based software (LoanIQ, ClearPar).
- Bachelor's Degree or 1+ year of experience in Loan, Finance, or Securities.
- Familiarity with syndicated loans and Loan Syndication and Trading Association (LSTA) standards.
- Prior knowledge of loan products or trading operations.
JPMorganChase, 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 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
Please see the job description for required or recommended skills.
Please see the job description for benefits.