Loan Origination Specialist IV

JPMorgan Chase Bank, NA
Newark, DE
Aug 03, 2022
Aug 12, 2022
Accountant, IT
Full Time
Wholesale Lending Services (WLS) services several lines of businesses within JPMorgan Chase, including Business Banking, Global Wealth Management, Investment Banking and Commercial Banking. The group consists of approximately 1,300 employees worldwide and is responsible for over $500 billion in loans outstanding. Syndicated Loan Transaction Coordination, as a team within WLS, is responsible for coordinating complex syndicated and bilateral loans for the Corporate Investment and Commercial Banks. The team works closely with the JPM origination businesses, ensuring that all necessary information is reviewed for operational feasibility and optimal execution. The team partners with various internal and external parties, including but not limited to, Debt Capital Markets (DCM), Credit Risk, Loan and Agency Services, Legal, as well as JPM Borrowers and Lender Clients. The team also interacts with counterparts internationally on cross-border transactions, originating out of North America. Responsibilities : Assist and partner with team associates to manage and maintain a portfolio of active leveraged and high grade loan transactions for the Investment and Commercial Bank Support Leverage Finance and DCM with the execution and closing of complex loan transactions, including but not limited to, new deals, refinancing and amendments Collect and review legal loan documentation, ensuring operational standards are met Liaise and coordinate pre-closing requirements with internal and external clients (ie Debt Capital Markets, Syndicate, Credit Risk, Loan and Agency Services, Product Control, Legal, Trade Settlements, Borrowers and Lenders) Review and advise on funding mechanics and operational requirements as it pertains to internal booking locations, regional and currency policies Initiate and coordinate trade settlement process with ClearPar and internal trade settlement team for Institutional Term Loan transactions Coordinate internal KYC review and Flood due diligence Assist with ad-hoc inquiries from Borrowers, Lenders, and Arrangers pertaining to the closing process and ongoing maintenance of the deal Schedule internal conference calls to ensure pre-closing requirements have been met and resolve / escalate any outstanding issues Assist internal colleagues with fee documentation and recognition Execution of best practices and control, risk mitigation and escalation point of contact Participate in projects and provide valuable input with various working groups created to enhance performance and efficiency Qualifications : Undergraduate degree or equivalent experience 1- 2 years of Syndicated Loan experience or equivalent is preferred Demonstrated understanding of financial services, specifically within Investment Banking Proven ability to collaborate with team members and senior management across and within the lines of business with a keen attention to detail, strong oral and written communication skills, and strong analytical capability Ability to operate in a challenging and rapidly changing environment with a desire to accept new assignments and the ability to learn new principles and dynamic systems quickly Critical decision-making abilities including the ability to identify, escalate, and propose solutions to problems Ability to multi-task through the practice of strong organizational and time management skills Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint) Excellent oral and written communication skills Ability to take initiative and self-motivate, as well as work as part of a team 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 JP 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. The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.Equal Opportunity Employer/Disability/Veterans