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Job Summary:

As a Loan Servicing Associate within Structured - Loan and Agency Servicing, you will primarily provide operational support for syndicated credit structures agented by JPMorgan or bilateral loans extended to a borrower solely by JPMorgan. This client-facing role involves direct interaction with borrowers, lenders, and business partners while managing various aspects of loan servicing.

Job Responsibilities:

Initiate loan activity, including fundings, repricing, and payments, as instructed by the client in accordance with credit agreements.Track complex interest and fee accruals at various rate levels across changing lender distributions.Reconcile daily funding and payment activity to account for all daily cash transactions.Read and interpret complex legal credit agreements and related documentation, working with attorneys when applicable.Initiate and reconcile automated funds movement in accordance with client/lender instructions.Monitor and escalate past due principal, interest, and fees to ensure the loan accounting system is accurate and provide clients with timely and accurate invoices.Perform maintenance of margin changes and ensure proper communication to the bank group.Provide information as requested by clients, business partners, middle office, or lenders.Monitor control reports and update applicable comments.Participate in system testing, as needed, which may occur during non-business hours.Assist with administrative tasks associated with the terms of a credit agreement, perform quality control on new deals, restructures, and amendments by thoroughly understanding the credit agreement, verifying system setup accuracy, and backing up co-workers, working on various special projects or other tasks as assigned.

 

Required Qualifications, Capabilities, and Skills:

1+ year financial services or syndicated loan product experienceExtensive knowledge and familiarity with managing a portfolioExcellent oral and written communications skillsStrong Client-Service backgroundWorking knowledge of Microsoft Office applications (i.e., Excel, Word, and PowerPoint)Ability to manage concurrent assignments.Ability to work independently and partner well within a team environment.Strong analytical, problem solving and proven decision-making skills.General to intermediate accounting knowledge

 

Preferred Qualifications, Capabilities, and Skills:

Undergraduate degreeExperience with reading and interpreting syndicated loan documentation or related experience dealing with legal documentation.Experience with large cash movements via FED Wire or SWIFTLoanIQ experience