JOB DESCRIPTION
Are you looking for a career that provides a platform for growth, advancement and expanding opportunities? Do you have a general understanding of Finance and Loan products, experience in Commercial Banking, Syndicated Loans, and LOAN IQ? You have found the right team. At JPMorganChase, we take pride in valuing our employees and supporting a culture of teamwork.
As a Loan Origination Associate I within the Wholesale Lending Services (WLS) team at JPMorganChase, your primary function will be supporting the facilitation of syndicated loans of Fortune 500 companies through the deal closing process to help ensure they reach their financial goals. While utilizing effective communication skills, it is important that you focus on partnerships between the front office, legal, transaction coordinators and the account servicing teams to deliver a first-class client experience.
Wholesale Lending Services (WLS) is part of the Commercial Bank. JPMorganChase Commercial Bank provides lending services to multiple business units across the firm and around the world. You will provide loan documentation, closing and funding, payment and fee processing, syndication loan trade processing, credit administration, collateral management, customer service and reporting; and construction management.
Job Responsibilities
- Read and interpret loan documentation for operational feasibility
- Input loan specific information into various systems
- Initiate and release principal and fee related payments associated with the closing
- Partner closely with Transaction Coordinators through the closing process and ensure all regulatory and compliance documentation is received prior to the closing date
- Manage pipeline of assigned transactions
- Monitor and reconcile exception reports related to transactions recently closed
- Partner with Account Managers to inform them of amendments made to existing agreements, and/or general deal structure characteristics prior to the formal handoff
- Maintain a low Quality Control (QC) error rate regarding the deal set up process
Required Qualifications, Capabilities, and Skills
- General understanding of Finance and Loan products
- Basic understanding of Microsoft Office
- Highly motivated individual with a team-oriented mindset
- Strong organizational and prioritization skills
- Self-motivated and client focused
- Exceptional communication skills
Preferred Qualifications, Capabilities, and Skills
- Commercial Banking experience
- Syndicated Loan experience
- LOAN IQ experience
ABOUT US
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
ABOUT THE TEAM
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.
Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.
