Loan Servicing Associate - Approvals (Term Loan B)

Posted: Tuesday, 03 June 2025
Valid Thru: Thursday, 03 July 2025
Index Requested on: 06/03/2025 07:16:19
Indexed on: 06/03/2025 07:16:19

Location: Newark, DE, 19702, US

Industry: Advertising and Public Relations
Occupational Category: 13-0000.00 - Business and Financial Operations
Type of Employment: FULL_TIME

JPMorgan Chase Bank, N.A. is hiring!

Description:

You are a strategic thinker, passionate about managing complex loan portfolios and leading a team of experts. You have found the right team.

As a Loan Servicing Associate - Approvals (Term Loan B) within the Lending Services team at JPMorganChase, you will support a complex portfolio of syndicated and bilateral loans, focusing on Term Loan B and Direct Lending products. You will lead a team of subject matter experts, ensuring efficient loan servicing and maintaining a robust control environment.

Job Responsibilities
  • Approve transactions within highly complex Term Loan B portfolios.
  • Oversee daily workflow for the Approvals team, ensuring timely release of funding and payment activities across all currencies.
  • Approve loan activities such as fundings, repricings, and payments in accordance with client instructions and internal controls.
  • Collaborate with other Approvers to enhance product expertise and best practices within the North America Loan & Agency Approvals teams.
  • Manage all staff matters including performance reviews, training, escalations, and compensation.
  • Engage with transformation teams and business partners to advance strategic agendas focusing on risk mitigation and process improvement.
  • Foster a culture of inclusiveness, accountability, and motivation within the team.
  • Oversee and monitor internal controls related to payments, pricing changes, and other client-impact transactions.
  • Provide information and support to Business Partners, Middle Office, Risk and Control Partners, or Auditors.


Required Qualifications, Capabilities, and Skills
  • Minimum of 2 years of financial services experience in syndicated loan operations and/or Term Loan B products.
  • Experience with LoanIQ system and servicing of Direct Lending products.
  • General to intermediate accounting knowledge.
  • Strong oral and written communication skills.
  • Excellent interpersonal and client servicing skills.
  • Proficiency in Microsoft Office applications (Excel, Word, PowerPoint).
  • Ability to manage concurrent assignments effectively and efficiently.
  • Strong analytical, problem-solving, and decision-making skills.
  • Ability to work independently within a team environment.


Preferred Qualifications, Capabilities, and Skills
  • Experience with reading and interpreting syndicated loan documentation.
  • Undergraduate degree or equivalent industry experience.


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

Responsibilities:

Please review the job description.

Educational requirements:

  • high school

Desired Skills:

Please see the job description for required or recommended skills.

Benefits:

Please see the job description for benefits.

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