Credit Support Specialist

JPMorgan Chase & Co.San Francisco, CA
8h

About The Position

The Credit Support Specialist coordinates activities between the market, the Underwriter, and other areas of Wholesale Lending Serves (WLS). Activities include the handling of executed commercial loan documentation, loan booking and funding, and collateral release amongst other activities.

Requirements

  • College degree or equivalent experience
  • Minimum of 4 years’ experience in commercial loan operations or a credit/lending environment
  • Knowledge of commercial loan documentation. Ability to review commercial loan documents such as loan agreement, notes, guaranties, and security documents for accuracy and agreement with approved terms
  • Knowledge of commercial credit products
  • Knowledge of credit and commercial loan systems.
  • Good verbal, written and organizational skills
  • Detail oriented with ability to multi task and prioritize and work in a team based environment

Responsibilities

  • Coordinate all commercial document preparation activities through HotDocs
  • Work jointly with Underwriter, coordinate document preparation activities involving outside counsel
  • Review draft and executed loan documents such as loan agreement, notes, guaranties, and security documents for accuracy and agreement with approved terms
  • Coordinate with WLS, outside counsel and the Real Estate Transaction Services team to obtain third-party vendor work such as flood zone certifications, title work, insurance certificates, and UCC searches
  • Ensure completeness of loan package and forward to WLS partner
  • Route loan documentation to WLS partners for booking and funding
  • Coordinate the application of fees collected in conjunction with closing and identify missing fees for follow-up with the market
  • Follow up directly with customers, Bankers, Underwriters and attorneys to clear documentation exceptions
  • Coordinate with WLS partners to correct any errors made in on-boarding credit facilities to the loan systems.
  • Coordinate with WLS partners for the release, substitution or addition of collateral

Benefits

  • comprehensive health care coverage
  • on-site health and wellness centers
  • a retirement savings plan
  • backup childcare
  • tuition reimbursement
  • mental health support
  • financial coaching
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