About this role
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
As the Loan Servicing Analyst in Structured Loan and Agency Servicing 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
- Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements.
- Calculate and track complex interest and fee accruals at various rate levels across changing lender distributions.
- Reconcile daily funding and payment activity to account for all daily cash transactions (Statements and Ledgers).
- 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.
- Monitor and escalate past due exceptions/breaks including principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices.
- Perform maintenance of margin changes and appropriate communication to bank group.
- Provide information as requested by Clients, Business Partners, Middle Office, or Lenders.
- Monitor control reports updating applicable comments.
- Participate in system testing, as needed, which may occur during non-business hours.
- Assist with any administrative tasks associated with the terms of a Credit Agreement.
- Perform quality control on new deals, restructures, and amendments by thoroughly understanding the credit agreement and verifying system set up accuracy.
- Back up co-workers, work on various special projects or other tasks as assigned.
Required Qualifications, Capabilities, and Skills
- Excellent oral and written communications skills
- Degree in Economics, Finance or Business is a preference
- 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 within a team environment.
- Strong analytical, problem solving and proven decision-making skills.
- General to intermediate accounting knowledge