CB – Commercial Bank Administration – Wholesale Lending Services – Trade Support Manager – Associate - J.P. Morgan - City of London - Wizbii

CB – Commercial Bank Administration – Wholesale Lending Services – Trade Support Manager – Associate

  • By J.P. Morgan
  • City of London (United Kingdom)
  • Business / Sales

Job description

EMEA Loan Trading Documentation – Primary Loan Closer
 
Job Description

Wholesale Lending Services (WLS) services clients in Business Banking, Commercial Banking, Asset Management and the Corporate & Investment Bank. The group consists of approximately 2,200 employees and is responsible for 300,000 loans with a value in excess of $500 billion.

Wholesale Lending Middle Office (WLMO) is part of WLS and provides global end-to-end loan origination, servicing, restructuring and trading support.  Services are tailored to the needs of the client and lines of business, ranging from bilateral to large syndicated loan agreements. Services provided include Loan Origination; Deal Closing & Funding; Documentation Review; Core Loan Servicing; Loan Closing & Trade Settlement.

Within WLMO the following role has become available:

EMEA Loan Trading Documentation – Primary Loan Closer

EMEA Loan Trading Documentation team is responsible for the settlement of all primary syndications across credit facilities where JPM is either a MLA or fronting bank.  The Loan closer will coordinate with internal stakeholders as well as external clients to de risk JPM position as quickly as possible while providing a high quality service to all parties through the documentation process.   The role is client facing, multi-faceted and deadline driven.

Primary responsibilities:
·  Working in a very dynamic environment and partnering with the trading desk, external clients, legal counsel and operations to settle primary loan trades across EMEA and  North America
·  Reviewing and understanding syndicated credit agreements with specific focus on transfer mechanics
·  Reviewing, negotiating and drafting LMA standard documents and other trade-related documents including assignment agreements and multilateral agreements
·  Coordinating with internal and external legal counsel to agree to proposed changes to trade documents
·  Acting as the first point for contact for external syndicate lenders and ensuring timely information flows 
·  Monitoring / tracking / reporting of all escalated issues using appropriate workflow tools
·  Coordinating timely and precise trade settlement with various settlement groups across WLMO
·  Creating and understanding key metrics reporting for front office teams; daily / weekly / monthly reporting of open / closed / new trade population
·  Working on non-BAU projects and initiatives designed to improve automation and strengthen the team’s control environment

Qualifications

Requirements :
·  3+ years financial services experience with knowledge of syndicated loans preferred
·  Knowledge of loan transfer documentation and loan settlements preferred but not essential
·  Ability to manage multiple demands in a fast-changing environment
·  Manages and prioritizes multiple tasks and uses sound judgement to escalate issues timely
·  Strong communication skills both oral and written, has confidence speaking to external clients
·  Analytically minded with strong technical prowess in relation to manipulating data
·  Strong team player
·  Attention to detail and control orientated; understanding of the risks and downstream impacts of inaccurate data capture
·  Excellent problem solving skills; the ability to identify the root cause
·  Loan IQ knowledge is preferred
·  Personal motivation and drive to deliver excellence and make a difference every day
About J.P. Morgan Chase & Co:

J.P. Morgan serves one of the largest client franchises in the world. Our clients include corporations, institutional investors, hedge funds, governments and affluent individuals in more than 100 countries. J.P. Morgan is part of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.1 trillion.  The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its JPMorgan and Chase, and WaMu brands.

J.P. Morgan offers an exceptional benefits program and a highly competitive compensation package. J.P. Morgan is an Equal Opportunity Employer

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