Cb Wls Loan Servicing Specialist Sr Team Member

Year    Bangalore, Karnataka, India

Job Description


JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commerc

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing and asset management. JPM is comprised of four business segments, Consumer & Community Banking, Commercial Banking, Corporate & Investment Bank and Asset & Wealth Management. Wholesale Lending Services (WLS) provides loan servicing functions to all four JPMorgan lines of business At JPMorgan Chase, Commercial Banking (\'CB\') serves more than 30,000 clients, including corporations, municipalities, financial institutions, and not-for-profit entities with annual revenues generally ranging from $20 million to $2 billion. CB is comprised of Middle Market Banking & Specialized Industries, Corporate Client Banking & Specialized Industries, Real Estate Banking, Commercial Term Lending and Community Development Banking. Business Banking (\'BB\'), a division of Consumer and Community Banking, provides deposit, credit, and cash management services to companies with up to approximately $20 million in annual revenue. Asset & Wealth Management serves institutional, ultra-high net worth, high net worth and individual clients through its Asset Management and Wealth Management (\'WM\') businesses. Wholesale Lending Services (WLS) exists within Commercial Banking Global Services organization and provides loan servicing functions to all four JPMorgan lines of business. These functions include loan documentation, closing and funding, payment and fee processing, syndication loan and trade processing, credit administration and collateral perfection and management. Key Responsibilities Work extensively with the Market/Under writers, Client Service groups and Bankers to setup New Loans, process Drawdowns, Rollovers, Repayments, Pre-payments, Funding, Rate-Fixings, Fees, collection of interest, Nostro & Past Due Reconciliation using multiple loan platforms/Credit applications Ensure all SLA\'s (Quantity & Quality) are met and any exceptions are immediately escalated for resolution Process with high levels of accuracy to ensure transactions do not lead to Financial losses or Risk events Ensuring all controls and JP Morgan requirements are adhered to at all times and any risk items escalated immediately Comply with audit and compliance regulations for internal and external audits Maintain high levels of engagement with the Lenders, Credit executives/Underwriters, Client service executives and Bankers Ensure timely escalation to Senior management, as appropriate Maintain 100% client satisfaction that is received through i Survey scores Follows up on deficient documentation with relevant stakeholders Be an SME in the process and understand the upstream and downstream process Analyze the process flow and suggest improvements to eliminate redundant steps through effective value stream mapping Team Player : be an effective team player, leading and participating in various engagement activities not just limited to process Take ownership of career through self-learning and utilizing various online and instructor lead training / coaching modules in JPMC Working successfully with others, valuing, and utilizing the different skills and experience of colleagues from across the organization, building interdependence to achieve shared objectives and goals Knowledge sharing and effective hand holding of new joiners through the Buddy program Ensure all mandatory/compliance training timelines are adhered Develop Domain expertise across multiple lines of business to become Subject matter experts Participate in periodic procedural reviews and suggest areas of enhancement Key Skills & Attributes Bachelor\'s degree in Commerce/Accounting preferred 1 - 4 years of work experience, preferably in Banking/Mortgage/Financial Analysis and Loan Operations Candidate should be open to work in night shifts Strong verbal & written communication to effectively communicate with various stakeholders and across levels Manage the complex requests with minimum supervision and independently make the decisions related to the process Preferable knowledge on aspects of Financial Statements, MIS reporting, Credit Agreement and other loan documents ACBS/VLS/LIQ servicing system knowledge preferred Demonstrate the attributes of flexibility and accountability Excellent interpersonal skills to work effectively in team environment Attention to detail and problem solving skills Client relationship and time management MS Office skills Strong problem solving skills to undertake analysis, resolve issues/problems related to the process Risk & control mindset Experience in driving small projects

Monster

Beware of fraud agents! do not pay money to get a job

MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD3008937
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year