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JPMorgan Chase & Co.

Loan Servicing Associate I

JPMorgan Chase & Co., Chicago, Illinois, United States, 60290

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Use your industry experience and expertise in Account Management, navigating payments, reconciliation, and exception management to manage a portfolio of 30+ multicurrency syndicated deals. Join us and collaborate with some of the brightest minds in the industry, driving impactful projects and revolutionizing the future of finance. Don't miss this opportunity to be part of something extraordinary!

As a

Loan Servicing Associate I

within the Lending Services team at JPMorganChase, 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. You will be in a client facing role with direct contact with borrowers, lenders, and business partners while performing loan servicing facets.

Job Responsibilities

Initiate loan activity and reconcile funds movement as instructed by the client in accordance with credit agreements

Track and calculate complex interest and fee accruals at various rate levels

Reconcile daily funding and payment activity to account for all daily cash transactions

Interpret complex legal credit agreements and related documentation

Manage and upscale past due principal, interest, and fees

Maintain accuracy within the loan accounting platform in order to provide timely invoices

Maintain margin changes and appropriate communication to participating external banking groups

Provide information as requested by clients, business partners, middle office, or lenders

Monitor exception reports and updating applicable comments

Review new deals, restructures, and amendments by also verifying system accuracy

Required Qualifications, Capabilities, and Skills

Minimum of 2 years of related industry experience and/or Account Management

Strong knowledge of JPMorgan or Treasury bank funding fundamentals

Excellent oral and written communications skills along with strong interpersonal & client servicing skills

Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)

Ability to manage concurrent assignments in an effective, efficient, and organized manner

Ability to work independently and partner well within a team environment

Strong analytical, problem solving and proven decision‑making skills

Experience with reading and interpreting loan documentation

Preferred Qualifications, Capabilities, and Skills

Bachelor’s Degree

Knowledge and familiarity with managing a portfolio of 30+ multicurrency syndicated deals

Understanding of Revolver and Term loan pricing options

Knowledge or familiarity with currency payments using SWIFT MT202’s and MT103 payment formatting

LOANIQ experience

Knowledge navigating payments, reconciliation and exception management within JPMorgan proprietary platforms

Required or Additional Information

Visa sponsorship is not available for this position.

Work schedules will vary within a full-time, 40-hour per week schedule.

You must be willing to work during our operating hours, which may include evenings, weekends, and holidays.

Specific information regarding work schedules will be provided by the recruiter.

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