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Loan Servicing Analyst Commercial Construction

Company

JPMorgan Chase Bank, N.A.

Address , Plano, Tx
Employment type FULL_TIME
Salary
Expires 2023-06-16
Posted at 1 year ago
Job Description
JPMorgan Chase Commercial Real Estate Loan Administration team is seeking a highly motivated individual with commercial real estate disbursement experience to manage a large portfolio of complex and diverse community development construction loans in a fast-paced team environment. The qualified candidate must be able to prioritize and manage multiple duties and tasks with frequent interruptions. Candidate must be able to work in a team environment and have a dedication to accuracy and quality customer service.

Primary responsibilities of the position include the following:

  • Working knowledge of commercial construction loan disbursements, project accounting, risk management, and loan documentation
  • Interact with insurance companies, monitor strict insurance requirements and update database with revised insurance information
  • Perform Second day review of multiple transactions to verify accuracy
  • Process payments and advances accurately and timely
  • Interpret legal documentation and terminology relating to community development real estate transactions and servicing: low-income housing tax credits and tax-exempt bonds
  • Review title endorsements, Reconciliation of Bank Controlled Reserve Accounts, Process Client Rate Elections, Organize and maintain various office electronic and hard copy files, and High level of accuracy and attention to detail
  • Manual interest billing
  • Letters of Credit servicing

Experience requirements:
  • Finance or Accounting degree or minimum 5 years in commercial real estate construction disbursement prefered
  • Commercial Construction Real Estate Disbursement and Servicing experience required

Knowledge of low-income housing tax credits and tax-exempt bond servicing
  • Demonstrated accuracy and thoroughness of work
  • Advanced computer skills, including Microsoft Office suite (Word, Excel, PowerPoint, Outlook, Access) and Adobe Acrobat
  • Knowledge of legal documentation and terminology relating to real estate transactions
  • Outstanding organizational, interpersonal and time management skills; detail oriented
  • Familiarity with standards of business correspondence
  • Excellent written and oral communication skills

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