Loan Origination Specialist Jobs

Wholesale Lending Services (WLS) supports several lines of businesses that include Business Banking, Commercial Bank, Global Wealth Management, and Investment Bank.

Located in Chicago, the Bilateral Deal Setup & Funding Team, within WLS, is a high-volume production-based operations function responsible for booking & funding of new loans, renewals, and amendments/modifications for bilateral commercial loan products. The team also performs system maintenance transactions as art of loan restructures. Key loan accounting systems used within Deal Setup are Loan IQ, ACBS and VLS.

Job Responsibilities

This position supports the following Line of Business: (Select One)

• Wealth Management - US Domestic or LatAm
• Commercial Bank - Middle Market, Real Estate Banking, and Deal Commercial Services
• Business Banking

Deal Setup requires attention to detail, data-entry, and ability to interpret legal/credit documents. Data sourced from documents is used to enrich the loan system with customer/facility details as well as funding details, pricing rules, repayment schedules, and invoice set-up for principal, interest, and fees.

The Loan Origination Specialist IV is an experienced advanced-level processing role within Deal Setup. The candidate filling this position will be responsible for higher-complexity, fast-paced, periodic volume of work, that builds the foundation for career progression into a quality control role (subject matter expertise) or explore team leadership role (as a manager in training). Will be responsible for assisting with the entire team's portfolio of transactions (regardless of complexity) as a secondary source of work. Career progression is based on the following performance metrics: productivity, quality, customer satisfaction, and contributions to the team.

Daily Responsibilities (include, Not Limited To)

• Data entry of customer, facility, and loan details into the loan system(s)
• Minimize credit and business risk through awareness of procedure, compliance, and bank policy
• Comparing booking package documentation & closing checklists against internal credit systems & proposals
• Timely attestation/correction of Quality errors and Service Level breaches
• Maintain prompt and proactive communication with business partners as to the status of their booking case
• Completion of assigned Deal Setup cases within designated Service Levels
• Participating in projects and working groups as required
• Creation of PDF batch work for quality control/two-touch and document repositories

Qualifications

• Prior (back office) loan operations and/or quality control experience in a banking or financial services industry preferred
• Demonstrate attention to detail and accuracy with completed work
• Proficient in Microsoft Office applications (i.e. Excel, Word, Outlook, etc.).
• Exceptional customer service skills including excellent interpersonal and written/verbal communication skills.
• Ability to consistently maintain high performance levels in stressful situations and high-volume peaks
• Working knowledge of loan documents or ability to quickly learn legal terms found within promissory notes, credit agreements, collateral documents, etc.
• Ability to effectively multi-task and prioritize workloads while working within tight service levels.
• Ability to think outside the box and generate ideas for process improvements
• Strong organizational and time management skills.
• Ability to work in a team environment
• Successful completion of all periodic High Value Business Entitlements (HBVE) background checks
• Ability to adapt to internal tracking and monitoring systems.

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