Loan Trading Settlements Analyst
Chase bank
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 the Trading Services Analyst in Wholesale Lending Services, you will be primarily supporting Global Credit Trading, Loan Total Return Swap and Syndicated Leverage Finance businesses within the Corporate and Investment Bank. This role sits within the Loan Trading Settlements team and will focus on the daily closure and settlement of these trades.
Job Responsibilities
Prepare and execute trade settlement in a timely manner for various loan businesses with currency deadlines Draft complex pricing for Distressed loan settlements which may include PIK or other trades flat interest treatments, as well as Revolver facilities denominated in multiple currencies, and coordinate with clients as needed regarding any pricing inquiries Perform basic accounting functions which require knowledge of accounts payable and receivable as well as bank reconciliation functions Maintain and investigate complex trade related exceptions, such as Trades Flat interest or other fee disbursements, as well as serve as a SME for others on the team Review of all settlement documentation in accordance with the Loan Syndications and Trading Association (LSTA) and Loan Market Association (LMA) market standard terms and conditions Communicate frequently with front office, documentation, accounting and control teams as well as external counterparties Monitor general ledger activity in regards to payments associated with trade settlementRequired Qualifications, Capabilities, and Skills
Bachelor’s Degree in Finance/Business, relevant Syndicated Loan Operations experience preferred with knowledge of LSTA and LMA Standard Terms and Conditions Familiarity with loan-based software (LoanIQ, ClearPar) Knowledge of the trade lifecycle and/or experience supporting a trading business or loan products Excellent communication and interpersonal skills Demonstrated leadership abilities and strong teamwork skills Ability to prioritize and pivot to reprioritize as needed Detail-oriented and control oriented Strong problem-solving, decision making, and analytical skillsWork 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
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