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Commercial Bank - Trading Services Associate I

Company: JPMorgan Chase
Location: Newark
Posted on: November 22, 2021

Job Description:

**Loan Trading Documentation - Trading Services Associate I** **Wholesale Lending Services Middle Office Overview:** WLS provides global end to end loan support including, but not limited to, Loan Origination, Deal Closing & Funding, Trade Confirmations, Closing & Settlements, Special Credit Services, and Syndicated/Agent Bank Booking and Servicing. The Loan Trading Documentation Team within the WLS Middle Office primarily supports the North America Credit Trading, Loan Total Return Swap and Syndicated Leverage Finance businesses within the Corporate and Investment Bank and is responsible for primary and secondary trade closing support and Third Party Agency Review. **Position Summary:** This role is for Operations Manager within the Loan Trading Documentation team. The Loan Trading Operations Manager will have oversight responsibilities for a team of professionals who support the North America Credit Trading and Loan Total Return Swap desks through the coordination and settlement of assignments. **Ongoing Responsibilities:** Manage a team of 9 Trade Support Specialists Work with front office traders, sales coverage, clients, counsel and operations to resolve any trade closing issues Coordinate settlement efforts with various groups throughout the IB and CB Act as signatory for assignments Review LSTA 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 Monitor, track and report on all escalated issues using appropriate workflow tools Work on projects focused around tightening control gaps for daily processes Monthly/weekly/daily reporting to senior management for open trades and trading metrics is required **Qualifications:** + Bachelor's degree (or equivalent experience) + A minimum of 2-3 years financial services or loan operations experience is required. + Ability to effectively manage a team of junior staff within the organization + Self-motivated with strong initiative + Excellent organizational, analytical, and problem-solving skills + Excellent oral and written communication skills + Ability to work in a fast paced environment + Detail orientated individual that can work efficiently under pressure + Ability to work effectively across groups within the organization + Strong focus on control and process improvement + Have a passion to understand details behind numbers and/or processes + Able to foster a team-oriented environment + Strong conflict resolution/ negotiation skills + Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint) + 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 JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs. Equal Opportunity Employer/Disability/Veterans

Keywords: JPMorgan Chase, Newark , Commercial Bank - Trading Services Associate I, Accounting, Auditing , Newark, Delaware

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