Step into a pivotal role with our Loan Trading Documentation team, where your expertise will fuel career growth and innovation. Embrace the opportunity to collaborate with industry leaders and enhance your skills in a supportive and forward-thinking environment.
As a Trade Support Specialist on The Loan Trading Documentation Team, you will support specialists within the Loan Trading Documents team. Your primary responsibility is the review, coordination and settlements of Primary assignments. On the loan trading Documentation team within the Wholesale Lending Services "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.
Want more jobs like this?
Get jobs in Newark, DE delivered to your inbox every week.
Job responsibilities
- Work with front office, clients, counsel and operations to settle Primary assignments
- Establish and maintain strong working relationships with clients/counterparts
- Manage heavy trade portfolio across various lines of business while maintaining a clean ageing profile
- Review LSTA standard documents and other legal documents
- Review Credit Agreements, specifically assignability language
- Identify and escalate issues to the front office, in-house legal counsel and management, when necessary.
- Prepare daily/weekly MIS reporting to track the status of open items and measure risk
Required qualifications, capabilities, and skills
- Bachelor's degree or equivalent experience
- 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
- Prior knowledge of loan products or trading operations
- Excellent oral and written communication skills
- Excellent analytical and critical thinking skills
- Ability to work in a fast paced, high pressure environment and prioritize workload efficiently
- Ability to take initiative and self-motivate as well as work as part of a team
Work schedule
- This hybrid role requires going into the office three days a week with two days' flexibility to work from home, subject to change
This position is not eligible for H1B or Sponsorship
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.