Description

Join the team responsible for coordinating complex syndicated and bi-lateral loans and letter of credit transactions

As a Syndicated Loan Transaction Coordinator within the Wholesale Loan Operations (WLO) team at JPMorganChase, you will be responsible for coordinating complex syndicated and bi-lateral loans and letter of credit transactions for the Corporate Investment and Commercial Banks. You will work closely with JPMorgan Chase Origination Businesses, ensuring all required documents, reference data, and critical information are reviewed for operational feasibility, optimal execution mechanics, regulatory requirements and mitigation of operational risk. You will partner with various internal and external parties including, but not limited to, Debt Capital Markets, Credit Risk, Loan and Agency Services, Product Control, Legal, Trade Settlements, as well as JPMorgan Chase Borrowers and Lender Clients. The team also interacts with their international counterparts in Europe and Asia on cross-border deals originating out of North America.

The Wholesale Loan Operations team services several lines of businesses within JPMorgan Chase, including Business Banking, Global Wealth Management, Investment Banking and Commercial Banking. The group consists of approximately 1,300 employees worldwide and is responsible for over $500 billion in loans outstanding. Core Loan Operation is a part of WLO and provides global end to end loan origination, servicing, restructuring and trading support. Services are tailored to meet the needs of the clients and line of businesses including, but not limited to, Loan Origination, Deal Closing & Funding, Collateral/Document Review/Doc Workflow Management, Loan Servicing, Trade Confirmations & Settlement, Special Credit Services, and Syndicated/Agent Bank Booking and Servicing.

Job responsibilities

• Manage and maintain a portfolio of active leveraged and high grade loan transactions for the Investment and Commercial Bank.
• Support Leveraged Finance and Debt Capital Markets with the execution and closing of complex loan transactions, including, but not limited to new deals, refinancing, amendments, cross-border transactions, acquisition financings, and cashless roll repricings.
• Collect and review legal loan documentation for operational feasibility, optimal execution mechanics, regulatory requirements and mitigation of operational risk.
• Review internal loan related spreadsheets (e.g. funds flows) for accuracy and completeness.
• Liaise and coordinate pre-closing requirements with internal and external clients (i.e. Debt Capital Markets, Syndicate, Credit Risk, Loan and Agency Services, Product Control, Legal, Trade Settlements, Borrowers and Lenders).
• Review and advise on funding mechanics and operational requirements as it pertains to internal booking locations, regional and currency policies.
• Initiate and coordinate trade settlement process with ClearPar and internal trade settlement team for Institutional Term Loan transactions and Coordinate internal KYC review and Flood due diligence.
• Assist with ad-hoc inquiries from Borrowers, Lenders, and Arrangers pertaining to the closing process and ongoing maintenance and schedule internal conference calls to ensure pre-closing requirements have been met and resolve / escalate any outstanding issues.
• Assist internal colleagues with fee documentation and recognition and execute best practices and control, risk mitigation and escalation point of contact.

Required qualifications, capabilities, and skills

• Undergraduate degree plus a minimum of 2 years of Syndicated Loan experience or equivalent is required.
• Knowledge of the Loan product / Syndicated Loan business, including an understanding of a credit agreement, loan funding mechanics, deal structure, ticking fees, funds flows, etc.
• Demonstrated understanding of financial services, specifically within Investment Banking
• Prior experience working with clients to collect and review pre-syndicated loan documentation ahead of closing large syndicated structures.
• Proven ability to collaborate with team members and senior management across and within the lines of business with a keen attention to detail, strong oral and written communication skills, and strong analytical capability.
• Ability to operate in a challenging and rapidly changing environment with a desire to accept new assignments and the ability to learn new principles and dynamic systems quickly.
• Critical decision-making abilities including the ability to identify, escalate, and propose solutions to problems.
• Ability to multi-task through the practice of strong organizational and time management skills.

About Us

JPMorganChase, 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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.