Loan Servicing Analyst
JPMorganChase
Job Description
Join our dynamic team and make a significant impact in the world of corporate loan transactions. Apply today to be part of an exciting journey!
Job Summary: As a Loan Servicing Analyst in the Debt Capital Markets team, you will support the largest and most sophisticated corporate loan transactions. You will provide operational support, ensuring accurate reconciliation, billing, and payments, while maintaining direct communication with borrowers, lenders, and business partners.
Job 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 accurate loan accounting and timely invoicing.
- Maintain margin changes and communicate properly to the 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. Back up co-workers and work on various special projects or other tasks as assigned.
- Perform quality control on new deals, restructures, and amendments by thoroughly understanding the credit agreement and verifying system setup accuracy.
Required Qualifications, Capabilities, and Skills:
- Experience reading and interpreting syndicated loan documentation or related experience supporting syndicated loans and using LoanIQ.
- Solid working knowledge of Microsoft Office applications (Excel, Word, PowerPoint).
- Ability to manage concurrent assignments effectively, efficiently, and in an organized manner.
- Ability to work independently within a team environment.
- Excellent oral and written communication skills and strong interpersonal/client servicing skills.
- Strong analytical, problem-solving, and judgment skills.
- Flexible working schedule with some overtime required.
Preferred Qualifications, Capabilities, and Skills:
- Undergraduate degree is strongly preferred but related job and industry experience can be accepted as a substitute.
About Us
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
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