JPMorgan Chase Jobs

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JPMorgan Chase Transaction Processing Specialist in Chicago, Illinois

Job Responsibilities

The candidate is responsible for the set-up & initial funding of Line of Credit and Loan related transactions associated with various supported Wealth Management market segments.(i.e. Latin America / LatAm portfolio.) Also responsible for loan renewals, loan modifications, upfront/ongoing fees, booking and maintenance. Knowledge of collections, reconciling differences, monitoring interest/fee/principal past dues & various maintenance reports ensuring system integrity.

  • Processing involves review of documentation and booking transactions for sensitive and/or complex Wealth Management customers for Bilateral or syndicated loans (both JPM agented and Non-Agented deals) using the ACBS and Loan IQ loan systems (i.e. Advances, LIBOR repricings, Variable rate Loans, LIBOR loans, PRIME loans).

  • General understanding in Processing of Revolvers, Advised lines, Syndicated deals and Term Loans mechanics.

  • Exceptional customer service skills - Customer contact focuses on high volume or unique activities requiring interaction with multiple internal market/credit partners & resources. (Ability to calculate interest and fee accruals for billing is required for this role.)

  • Responsible for minimizing credit and business risk through awareness of procedure, compliance, and bank policy

  • Participating in projects and working groups as required

  • Other duties as assigned

  • Exercising judgment, discretion, and prioritization

  • Understanding and following Bank policy and established procedures

Qualifications

  • Successful completion of all periodic High Value Business Entitlements (HBVE) checks

  • Bachelor's degree or higher in Accounting, Business or Finance preferred.

  • 1-2 years of prior loan operations and/or quality control experience in a banking or financial services industry.

  • Proficient in Microsoft Office applications (i.e. Excel, Word, Outlook, etc.).

  • Ability to adapt to internal tracking and monitoring systems.

  • Working knowledge of legal documents.

  • Excellent interpersonal and written/verbal communication skills.

  • Exceptional customer service skills.

  • Ability to effectively multi-task and prioritize workloads while working within tight service levels.

  • Strong organizational and time management skills.

  • Ability to work in a team environment

  • Demonstrate attention to detail and accuracy with completed work.

  • Ability to consistently maintain high performance levels in stressful situations and high volume environment.

  • Ability to think outside the box and generate ideas for process improvements

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.

Equal Opportunity Employer/Disability/Veterans

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