Loan Origination Associate I - JPMorgan Chase
Chicago, IL
About the Job
Are you ready to make a significant impact in the world of commercial loans? Join us and be part of a dynamic team that supports Fortune 500 companies in achieving their financial goals. This role offers career growth, skill development, and the opportunity to work with industry leaders.
As a Commercial Loan Closing Associate in Deal Set Up and Funding, you will play a crucial role in facilitating syndicated loans. You will collaborate with various teams to ensure accurate processing and seamless deal closing, contributing to our firm's success and client satisfaction. Your work will directly impact our clients' financial achievements and enhance our team's reputation for excellence. In this role, you will be part of a team that values effective communication and partnership. You will work closely with the front office, legal, transaction coordinators, and account servicing teams to deliver a first-class client experience. Your contributions will help maintain our high standards and support the financial growth of major corporations.
Job Responsibilities
+ Initiate collaboration across multiple teams to effectively interpret loan documentation for accurate processing of new deals
+ Own coordination of principal and fee-related closing payments
+ Maintain accountability for gathering all required documentation prior to deal closing while working with Transaction Coordinators and other partners
+ Actively manage and prioritize a pipeline of assigned transactions
+ Govern and reconcile exception reports related to recently closed transactions
+ Analyze amendments made to existing agreements and/or deal structure characteristics and effectively communicate the changes to account managers
+ Consistently provide accurate data while maintaining a low quality control error rate
Required Qualifications, Capabilities, and Skills
+ 3 or more years of commercial loan operations experience, including reading and interpreting loan documentation
+ Excellent oral and written communications skills
+ Strong interpersonal & client contact and communications skills
+ Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)
+ Effective time management, organization and prioritization skills
+ Ability to work independently within a team environment
+ Strong analytical, problem solving and proven decision-making skills
+ Self-motivated with a team-oriented mindset
+ Strong organizational skills with the ability to effectively prioritize
Preferred Qualifications, Capabilities, and Skills
+ Syndicated Loan experience
+ LOAN IQ experience
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
Base Pay/Salary
Chicago,IL $67,900.00 - $101,200.00 / year
As a Commercial Loan Closing Associate in Deal Set Up and Funding, you will play a crucial role in facilitating syndicated loans. You will collaborate with various teams to ensure accurate processing and seamless deal closing, contributing to our firm's success and client satisfaction. Your work will directly impact our clients' financial achievements and enhance our team's reputation for excellence. In this role, you will be part of a team that values effective communication and partnership. You will work closely with the front office, legal, transaction coordinators, and account servicing teams to deliver a first-class client experience. Your contributions will help maintain our high standards and support the financial growth of major corporations.
Job Responsibilities
+ Initiate collaboration across multiple teams to effectively interpret loan documentation for accurate processing of new deals
+ Own coordination of principal and fee-related closing payments
+ Maintain accountability for gathering all required documentation prior to deal closing while working with Transaction Coordinators and other partners
+ Actively manage and prioritize a pipeline of assigned transactions
+ Govern and reconcile exception reports related to recently closed transactions
+ Analyze amendments made to existing agreements and/or deal structure characteristics and effectively communicate the changes to account managers
+ Consistently provide accurate data while maintaining a low quality control error rate
Required Qualifications, Capabilities, and Skills
+ 3 or more years of commercial loan operations experience, including reading and interpreting loan documentation
+ Excellent oral and written communications skills
+ Strong interpersonal & client contact and communications skills
+ Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)
+ Effective time management, organization and prioritization skills
+ Ability to work independently within a team environment
+ Strong analytical, problem solving and proven decision-making skills
+ Self-motivated with a team-oriented mindset
+ Strong organizational skills with the ability to effectively prioritize
Preferred Qualifications, Capabilities, and Skills
+ Syndicated Loan experience
+ LOAN IQ experience
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
Base Pay/Salary
Chicago,IL $67,900.00 - $101,200.00 / year
Source : JPMorgan Chase