JPMorgan Chase Commercial Banking - Trade Support Specialist – Wholesale Lending Services – Newark, DE in Newark, Delaware
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
Overview – Wholesale Loan Services
Wholesale Lending Services - Middle Office (WLS-MO) provides operational support globally to multiple different lines of business involved in loan origination and trading across both the Corporate & Investment Bank (CIB) and Commercial Bank (CB). Responsibilities of the WLO-MO include but are not limited to trade capture, trade closing, trade settlement and loan servicing. The team covers a wide range of products, ranging from traditional bi-lateral and syndicated loans to structured instruments such as collateralized loan obligations and secured loans, as well as total return swaps, distressed debt, and bankruptcy claims.
The Trade support specialist will support the settlement of loan trades globally on behalf of all LOB’s falling under the CIB and CB that engage in loan syndication and trading activity, including Credit Trading, Fixed Income Financing, Debt Capital Markets and CIB Risk. The role is fast-paced and involves high transactions and requires close coordination with a number of internal groups (trading desk, Finance/Product Control and other groups within WLS) as well as external clients.
Prepare and execute trade settlement timely for various loan businesses within currency deadlines
Review of all settlement documentation in accordance with the LSTA and LMA standard terms and conditions
Maintain and investigate trade related exceptions, such as open payable and receivable balances.
Communicate frequently with front office, documentation, and accounting and control teams as well as external counterparties
Monitor general ledger activity in regards to payments associated with trade settlement.
Bachelor's degree in Finance or Business (or equivalent experience)
Excellent communication and interpersonal skills
Demonstrated leadership abilities and strong teamwork skills
Prioritize workload efficiently
Detail orientated individual that can work effectively under pressure
Strong attention to detail
Ability to multi-task and prioritize workload
Strong problem solving, decision making, and analytical skills
Basic accounting knowledge
Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)
Prior knowledge of loan product or trading operations is desired
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.