Trading Services Specialist IV

at JPMorgan Chase in Newark, Delaware, United States

Job Description

Team oriented, with excellent analytical and critical thinking skills? This role supports the Loan Trading Documentation team, you will Coordinate with front office, clients, and operations to identify and raise new counterparty onboarding requests.

Job Summary:

As a Trading Services Specialist IV within the Loan Trading Documentation team, you will play a crucial role in coordinating with various stakeholders to facilitate new counterparty onboarding requests. This role provides an opportunity to enhance your analytical and critical thinking skills while working in a team-oriented environment. Your responsibilities will include daily monitoring of client’s Credit Approval, resolving issues related to incorrect and outdated reference data, and preparing daily/weekly MIS reporting to track the status of open items and measure risk. This role supports the North America Credit Trading, Loan Total Return Swap and Syndicated Leverage Finance businesses within the Corporate and Investment Bank.

Job Responsibilities:

+ Coordinate with front office, clients, and operations to identify and raise new counterparty onboarding requests

+ Resolve issues related to the raising and active onboarding of an entity.

+ Build new customer reference data into LIQ platform

+ Daily monitoring of client’s Credit Approval

+ Resolve issues related to incorrect and outdated reference data to ensure information aligns with legal documentation

+ Prepare daily/weekly MIS reporting to track the status of open items and measure risk

+ Investigate customer inquiries in various systems and liaise with internal teams to resolve any differences

Required Qualifications, Capabilities, and Skills:

+ Bachelor’s degree or 1 year relevant operations experience within Syndicated Loan Space

+ Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)

+ Ability to professionally communicate verbally and through written communication

+ Excellent analytical and critical thinking skills

+ Ability to take initiative and self-motivate as well as work as part of a team

Preferred Qualifications, Capabilities, and Skills:

+ Familiarity with syndicated loans

+ Experience supporting Credit Trading and Debt Capital Markets

+ Prior knowledge of loan products or trading operations

+ Experience with Loan Syndications and Trading Association (LSTA) standard documentation, and understanding of the LSTA Standard Terms and Conditions

+ Familiarity with loan-based software (LoanIQ, ClearPar, PartyCentral)

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans

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Job Posting: JC259383463

Posted On: May 05, 2024

Updated On: Jun 18, 2024

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