Job Description

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Wholesale Lending Services's Chicago Loan Center is responsible for booking, funding, and closing new loans, renewals, and amendments for syndicated and non-syndicated Commercial Loan products. The team also handles loan servicing processing such as loan payments, advances, and terminations. Collateral functions include loan documentation preparation, documentation review, releases, image scanning, and documentation storage. Specialized functions includes letters of credit and specialized loan and agency handling. Key loan systems used include Loan IQ, ACBS, and VLS.

Job Responsibilities:

• Processing involves review of documentation and booking transactions for sensitive and/or complex Wealth Management customers on syndicated loans (both JPMorgan Chase & Co. agented and Non-Agented deals) using the Loan IQ loan system as well as bilateral loans. (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)
• Minimize credit and business risk through awareness of procedure, compliance, and bank policy
• Participate in projects and working groups as required
• Other duties as assigned
• Exercise judgment, discretion, and prioritization
• Understand and follow Bank policy and established procedure

Qualifications:

• 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
• Demonstrated 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 out of the box

About Us:

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.

About the Team:

Commercial Banking is focused on helping our clients succeed and making a positive difference in our communities. We provide credit and financing, treasury and payment services, international banking and real estate services to clients including corporations, municipalities, institutions, real estate investors and owners, and nonprofit organizations.

Operations teams develop and manage innovative, secure service solutions to meet clients' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.