Commercial Loan Servicing Associate - Wholesale Lending Services

Join the firm that FORTUNE has named one of the top five "World's Most Admired Companies," and named the most admired megabank for the seventh consecutive year.
As a Commercial Loan Servicing Associate within Wholesale Lending Services (WLS) you will support the largest and most sophisticated corporate loan transactions in the market. You will primarily provide operational support for syndicated credit structures agented by JPMorgan or bilateral loans extended to a borrower solely by JPMorgan. This is a client facing role with direct contact with borrowers, lenders, and business partners while performing loan servicing facets.
Job Responsibilities:

• Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions
• Monitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices
• Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy
• Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable
• Initiate and reconcile automated funds movement in accordance with client/lender instructions
• Reconcile daily funding and payment activity to account for all daily cash transactions
• Initiate loan activity (fundings, re-pricings, payments) as instructed by the client in accordance with credit agreements

Required qualifications, capabilities and skills:

• Requires 3+ years as a business professional with proven and related Client Management/Interaction experience OR related Operations experience, preferably in financial services.
• Strong organizational skills with the ability to function efficiently in a high volume, fast-paced, deadline-oriented environment while maintaining service level agreements
• Strong analytical thinker who can identify connections between various pieces of data and systems and quickly articulate client impact as well as the ability to effectively multi-task and prioritize competing demands
• Proficiency in Microsoft Office applications with strong Excel skills
• Exceptional customer service and communication skills
• Will also consider candidates with related Bachelor's Degree with proven ability through Internship or related work experience
• Excellent interpersonal and written/verbal communication skills

Preferred qualifications, capabilities and skills

• Highly motivated self-starter
• Prefer Loan IQ experience
• Prefer Commercial Loan/Lending Operations experience, ideally with knowledge of reading and interpreting syndicated credit agreements (pre/post-close)
• Ability to manage and autonomously resolve complex problems

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.

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.
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, discretionary incentive compensation which may be awarded in recognition of 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.

Equal Opportunity Employer/Disability/Veterans