Loan Origination Associate I

JPMorganChaseNewark, NJ
1d

About The Position

Join a team that supports your career growth, advancement and expanding opportunities! At JPMorgan Chase we take pride in valuing our employees’ individualities, while supporting an inclusive culture of teamwork. As a Deal Set Up and Funding Associate, your primary focus will be supporting the facilitation of syndicated loans of Fortune 500 companies through the deal closing process to help ensure they reach their financial goals. While utilizing effective communication skills, it is important that you focus on partnerships between the front office, legal, transaction coordinators and the account servicing teams to deliver a first-class client experience. Wholesale Lending Services (WLS) is part of the Commercial Bank. JPMorgan Chase & Co’s Commercial Bank provides lending services to multiple business units across the firm and around the world. The organization provides loan documentation, closing and funding, payment and fee processing, syndication loan trade processing, credit administration, collateral management, customer service and reporting; and construction management.

Requirements

  • General understanding of Finance and Loan products
  • Basic understanding of Microsoft Office
  • Self-motivated with a team-oriented mindset
  • Strong organizational skills with the ability to effectively prioritize
  • Ability to foster and maintain professional relationships
  • Exceptional communication skills

Nice To Haves

  • Commercial Banking experience
  • Syndicated Loan experience
  • LOAN IQ experience

Responsibilities

  • Initiate collaboration across multiple teams to effectively interpret loan documentation for accurate processing of new deals and Amendments
  • Own coordination of closing related fees and principal payments
  • Maintain accountability for gathering all required documentation prior to deal closing while working with Transaction Coordinators and other partners
  • Actively manage and prioritize a pipeline of assigned transactions with various levels of complexities
  • Govern and reconcile exception reports related to recently closed transactions
  • Consistently provide accurate data while maintaining a low quality control error rate
  • Demonstrate ability to become a subject matter expert and work independently to complete transactions

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Education Level

No Education Listed

Number of Employees

5,001-10,000 employees

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