Loan Servicing Analyst
JP Morgan
Join our dynamic Wholesale Lending Services team and make a significant impact in the world of Commercial & Investment Banking. Apply today to be part of a team that drives change and innovation!
Job Summary: As a Loan Servicing Analyst within our Wholesale Lending Services team, you will provide operational support to our Commercial & Investment Banking operations. You will manage syndicated credit structures and bilateral loans, administering a portfolio of 30-40 syndicated accounts, maintaining direct contact with borrowers, lenders, and business partners while performing various loan servicing tasks.
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 the loan accounting system is accurate and provide clients timely and accurate invoices.Maintain margin changes and proper communication to the bank group.Required Qualifications, Capabilities, and Skills:
Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint).General to intermediate accounting knowledge.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 proven decision-making skills.Preferred Qualifications, Capabilities, and Skills:
Familiarity with loan-based software (LoanIQ, ClearPar).Bachelor’s Degree or 1+ year of experience in Loan, Finance, or Securities.Familiarity with syndicated loans and Loan Syndication and Trading Association (LSTA) standards.Prior knowledge of loan products or trading operations.
Confirm your E-mail: Send Email
All Jobs from JP Morgan