Associate I - Direct Lending Trade Closer

JPMorgan Chase & Co.•Newark, DE

21h

About The Position

As a Trading Services Associate I within JPMorganChase, you will play a pivotal role in the seamless execution of trade activities, from order entry to settlement. While still developing, your expertise in market products and understanding of automation technologies will be instrumental in optimizing our trading services. You will be expected to leverage your proficiency in change management and continuous improvement to enhance the efficiency and resilience of our operating platform. Your role will also allow you to keep developing your relationships with internal stakeholders, presenting insights to senior management, and driving process improvements. Your decisions will contribute and impact on short-term team and department goals, and you will often guide others in their work activities, contributing to the overall success of our trading services.

Requirements

Proven experience in trading or financial services, demonstrating a strong foundation in industry practices and operations.
Strong analytical and problem-solving skills, enabling effective decision-making and issue resolution.
Excellent communication and interpersonal abilities, facilitating clear and productive interactions with colleagues and stakeholders.
Proficiency in Microsoft Office Suite, particularly Excel, complemented by advanced digital literacy for integrating innovative technologies in trade services.
Capability to work effectively in fast-paced environments, maintaining a detail-oriented approach and strong organizational skills to manage multiple tasks and adapt to changing priorities.
Demonstrated ability to collaborate effectively in team settings, with a solid understanding of trading systems and financial markets.
Strong commitment to delivering high-quality results, with a focus on continuous improvement and adaptability.

Nice To Haves

Proficient in using trading platforms and software, with hands-on experience in navigating and optimizing these tools.
Knowledgeable about regulatory requirements in the trading industry, ensuring compliance and adherence to industry standards.
Skilled in leveraging digital literacy to adopt and integrate innovative technologies, enhancing trade services and operational efficiency.
Capable of utilizing AI and machine learning to enhance trade service processes and improve decision-making, driving data-driven insights and outcomes.

Responsibilities

Work with front office, clients, counsel and operations to settle Direct Lending and Private Placement assignments.
Establish and maintain strong working relationships with clients/counterparts
Manage heavy trade portfolio across various lines of business while maintaining a clean ageing profile
Review standard documents and other legal documents
Review Credit Agreements, specifically assignability language
Identify and escalate issues to the front office, in-house legal counsel and management, when necessary.
Prepare daily/weekly MIS reporting to track the status of open items and measure risk
Work with front office traders, sales coverage, clients, counsel and operations to resolve any trade closing issues
Review standard Loan Syndications and Trading Association documents and other legal documents including Trade Confirms, Assignment Agreements, Proceeds letters, Participation agreements, Cash collateral agreements and Multilateral Agreements
Act as signatory for confirms and assignments