WLS Term Loan B CoE Deal Closing

at JPMorgan Chase in Newark, Delaware, United States

Job Description

Wholesale Lending Services:

Wholesale Lending Services (WLS) is part of the JPMorgan Chase Commercial Bank providing lending servicing support to multiple business units across the firm and around the world. The Operation provides loan documentation; closing and funding; payment and fee processing; syndication loan trade processing; credit administration; collateral perfection and management, customer service and reporting; and construction management.

Position Summary:

The Loan Origination Associate supports the largest and most sophisticated corporate loan transactions in the market. They primarily provide operational support to Debt Capital Markets on Term Loan B/institutional debt. The Loan Origination Associate is responsible for closing and funding new deals, amendments and restructurings on large syndicated loans where JPM is the lead arranger/administrative agent. The Loan Origination Associate works with the business, middle office, legal counsel, among others, to ensure the loan system is set up and clients are funded timely.

Essential Responsibilities:

+ Review credit agreements and other syndicated loan documents for operational feasibility and system enrichment

+ Data entry to record loan terms, syndicate & borrower information, etc. on the Loan IQ application

+ Initiate initial funding between investors and borrowers

+ Provide booking recommendations and solutions to business partners

+ Ability to support multiple loan transactions concurrently

+ Reconcile exceptions and ensure timely resolution

Minimum Requirements:

+ Undergraduate degree is strongly preferred but related job and industry experience can be accepted as a substitute (3+ years)

+ Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)

+ Must have experience reading and interpreting syndicated loan documentation or related experience supporting syndicated loans and using LoanIQ

+ Must be highly organized with ability to manage a variety of tasks with a strong attention to detail

+ Ability to work independently within a team environment

+ Excellent oral and written communications skills and strong interpersonal/client servicing skills

+ Strong analytical, problem solving and judgment skills

+ Flexible working schedule with some overtime required

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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

Equal Opportunity Employer/Disability/Veterans

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Job Posting: JC188087266

Posted On: Jul 18, 2021

Updated On: Aug 22, 2021