Loan Servicing Analyst

JPMorgan Chase & Co. • Newark, DE

52d • Hybrid

About The Position

As a Loan Servicing Analyst in Debt Capital Markets, you will support the largest and most sophisticated corporate loan transactions in the market. You will primarily provide operational support on Term Loan B/institutional debt where JPMorgan Chase is the administrative agent. You will provide loan servicing and administrative support, including reconciliation, billing, and payments, and communicate directly with borrowers, lenders, and business partners.

Requirements

• 1 year loan servicing or client/customer service experience
• Solid working knowledge of Microsoft Office applications (Excel, Word, PowerPoint)
• Ability to manage concurrent assignments effectively and efficiently
• Ability to work independently within a team environment
• Excellent oral and written communication skills
• Strong interpersonal and client servicing skills
• Strong analytical, problem solving, and judgment skills
• Ability to work a hybrid schedule with some overtime during high volume periods

Nice To Haves

• Undergraduate degree

Responsibilities

• Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements
• Calculate and track complex interest and fee accruals at various rate levels across changing lender distributions
• Reconcile daily funding and payment activity to account for all daily cash transactions
• Read and interpret complex legal credit agreements and related documentation, working with attorneys when applicable
• Initiate and reconcile automated funds movement in accordance with client/lender instructions
• Monitor and escalate past due principal, interest, and fees to ensure loan accounting system accuracy and provide timely invoices
• Govern the maintenance of margin changes and proper communication to bank group
• Provide information as requested by clients, business partners, middle office, or lenders
• Monitor control reports and update applicable comments
• Assist with administrative tasks associated with the terms of a credit agreement
• Perform quality control on new deals, restructures, and amendments by verifying system setup accuracy. Back up co-workers and participate in special projects or other tasks as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees