Trading Services Specialist IV

JPMorgan Chase & Co. • Newark, DE

39d

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 Trade Support Specialist within the Loan Trading Documentation team, you will take on the responsibility of providing primary and secondary trade closing support, as well as Third Party Agency Review. Your role is a crucial part of the Wholesale Loan Middle Office, a division of Wholesale Lending Services, which primarily supports the North America Credit Trading and Syndicated Leverage Finance businesses within the Corporate and Investment Bank.

Requirements

• Bachelor's degree or syndicated loan experience
• Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)
• Excellent oral and written communication skills
• Excellent analytical and critical thinking skills
• Ability to take initiative and self-motivate as well as work as part of a team

Nice To Haves

• Familiarity with loan-based software (LoanIQ, ClearPar)
• Experience with LSTA standard documentation, knowledge of the LSTA Standard Terms and Conditions
• Knowledge of the trade lifecycle and/or experience supporting a trading business
• Familiarity with syndicated loans
• Prior knowledge of loan products or trading operations

Responsibilities

• Work with front office traders and sales coverage, clients, counsel and operations to settle secondary par loan trades
• Establish and maintain strong working relationships with clients/counterparts
• Manage heavy trade portfolio across various lines of business while maintaining a clean aging profile Review LSTA (Loan Syndications and Trading Association) standard documents and other legal documents including trade confirms, assignment agreements, proceeds letters, participation agreements, cash collateral agreements, and multilateral agreements
• Review credit agreements, specifically assignability language
• Identify and escalate issues to the front office trading assistants/traders/salespeople, in-house legal counsel and management, when necessary
• Prepare daily/weekly MIS reporting to track the status of open items and measure risk

What This Job Offers

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