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Equity Derivative Loan Associate

AT JPMorgan Chase
JPMorgan Chase

Equity Derivative Loan Associate

Newark, DE

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 an Equity Derivative Loan Associate in Custom Financing Support, you will provide Middle Office (MO) and Loan Servicing support to the Equity Derivative desk in support of their lending business. You will coordinate between Structuring, Credit, Product Control, Finance, and other Wholesale Lending Services groups within Structured Finance. The Structured Finance product are specialized loans issued by JP Morgan Chase to provide liquidity to investment banking clients to fund purchases of debt and equity interest in middle market companies.

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Job responsibilities

  • Serve as primary Middle Office resource supporting all structured lending transactions entered into by the Equities financing desk.
  • Coordinate communications between structuring, the trading desk, Credit Risk, and operational stakeholder groups in order to close new structured finance transactions.
  • Perform loan servicing responsibilities relating to all structured equity loan products including, but not limited to, processing of advances, paydowns and calculation of interest.
  • Serve as primary point of contact for client inquiries for the firm's buy-side customers, including hedge funds and asset managers.
  • Work with Equities Product Control teams to ensure accuracy in the desk's P&L related to the structured financing product.

Required qualifications, capabilities, and skills

  • 2+ years of experience in financial operations
  • Bachelor's degree in Finance or Business (or equivalent experience)
  • Excellent communication and interpersonal skills
  • Demonstrated leadership abilities and strong teamwork skills
  • Control Oriented
  • Ability to multi-task and prioritize workload
  • Strong problem solving, decision making, and analytical skills
  • Results driven
  • Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)

Preferred qualifications, capabilities, and Skills

  • Prior knowledge of loan product or trading operations
  • Experience with Loan IQ
  • Familiarity with accrual-basis accounting


ABOUT US

JPMorganChase, 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 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

J.P. Morgan's Global Banking business is one of the largest wholesale banking client franchises in the world. We serve clients, including corporations, governments, states, municipalities, healthcare organizations, education institutions, banks and investors.

Commercial Banking provides credit and financing, treasury and payment services, international banking and real estate services to clients-including corporations, municipalities, institutions, real estate investors and owners, and not-for-profit organizations.

Client-provided location(s): Newark, DE, USA
Job ID: JPMorgan-210573971
Employment Type: Full Time