JPMorgan Chase Jobs

Build your career in Asset Based Lending while working in the world's most innovative bank which values creativity and excellence!

As a Loan Servicing Associate I in the Wholesale Lending Services (WLS) Approval Team, you will be responsible for executing internal control discipline and operational excellence within Wholesale Lending Services (WLS). As a primary point of contact to internal & external stakeholders, you will review high priority transactions and proactively communicate both verbally and in writing as required.

Job Responsibilities

• Read and interpret complex credit documentation, determine operational feasibility, provide feedback and recommendations as warranted.

• Be responsible for accurate and timely review of Commercial Loan advances, principal payments, reprices, settlements, and manual transactions.

• Provide feedback to Servicing Teams on operational market trends and correlated risk

• Initiate reviews for funding activities; manage the funding process with Corporate Treasury, syndicate lenders, and risk team.

• Verify Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions.

• Confirm all conditions precedent have been met and compliance items meet the established banking guidelines for all transaction types.

• Demonstrate accurate and timely completion of customer service and research in accordance with the credit agreement.

• Minimize credit and business risk through awareness of procedure, compliance, and bank policy.

• Reconcile exception reports and make system adjustments as needed.

Required qualifications, capabilities, and skills

• 3 or more years of Commercial or Asset Based Lending operations experience

• Extensive knowledge of reading and interpreting post-close credit agreements

• Strong analytical thinker who can identify connections between various pieces of data and systems and quickly articulate client impact and risk

• Ability to effectively multi-task and prioritize competing demands

• Exceptional customer service and communication skills and ability to interact with people in all levels of the organization

• Highly motivated self-starter

• High attention to detail

• Proficiency in Microsoft Office applications with strong Excel skills

Preferred qualifications, capabilities, and skills

• Loan IQ experience

• Risk Management experience

• Project Management experience

This is a hybrid role which requires going into the office 3 days a week with 2 days flexibility to work from home, which is subject to change.

Final Job Grade and officer title will be determined at time of offer and may differ from this posting.

This position is not eligible for H1B or Sponsorship

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.

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.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans