Loan Pricing Associate-Commercial Wholesale Loan Operations

Employer
JPMorgan Chase Bank, NA
Location
Newark, DE
Posted
Jul 29, 2022
Closes
Aug 08, 2022
Ref
610852757
Hours
Full Time
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. As active members in our communities, we offer lending, equity, training and mentorship to help power diverse businesses, expand affordable housing, support vital institutions and advance the sustainable change that our communities need now more than ever. 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. The Loan 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 where JPM is the administrative agent. This position is responsible for monitoring corporate borrower's debt ratings and/or leverage ratios across Wholesale lines of business to determine applicable pricing for their syndicated loans. Essential Responsibilities: Implement and manage a robust performance pricing review process Monitor data rooms/agency sites for compliance certificates; escalate discrepancies accordingly Monitor S, Moody, Fitch rating sites for corporate debt upgrades and downgrades Coordinate with credit underwriters and capital markets to validate borrower pricing changes Lead a monthly review and control process to ensure clients are invoiced at the appropriate pricing rates Minimum Requirements: Requires 3 years of financial services experience or experience with Legal documents. Prefer loan experience Undergraduate degree is strongly Solid working knowledge of Microsoft Office applications (ie Excel, Word and PowerPoint) Prefer e xperience supporting syndicated loans and using LoanIQ preferred; credit underwriting or support roles accepted as a substitute Prefer e xperience reading and interpreting syndicated loan documentation or related legal documents/contracts as a substitute Ability to work independently within a team environment Excellent oral and written communications skills and strong interpersonal/client servicing skills 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 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