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Commercial Loan Closing Associate-wholesale Lending
4 months ago
**JOB DESCRIPTION**
Join the firm that _FORTUNE has named one of the top five “World’s Most Admired Companies”_
As a Commercial Loan Closing Associate in Deal Set Up and Funding, your primary focus will be supporting the facilitation of syndicated loans of Fortune 500 companies through the deal closing process to help ensure they reach their financial goals. While utilizing effective communication skills, it is important that you focus on partnerships between the front office, legal, transaction coordinators and the account servicing teams to deliver a first-class client experience.
**Responsibilities**:
- Initiate collaboration across multiple teams to effectively interpret loan documentation for accurate processing of new deals
- Own coordination of principal and fee-related closing payments
- Maintain accountability for gathering all required documentation prior to deal closing while working with Transaction Coordinators and other partners
- Actively manage and prioritize a pipeline of assigned transactions
- Govern and reconcile exception reports related to recently closed transactions
- Analyze amendments made to existing agreements and/or deal structure characteristics and effectively communicate the changes to account managers
- Consistently provide accurate data while maintaining a low quality control error rate
**Required Qualifications, Capabilities, and Skills**
- 3 years of commercial loan closing experience, including reading and interpreting loan documentation OR strong Syndicated loan servicing experience
- Excellent oral and written communications skills
- Strong interpersonal & client contact and communications skills
- Effective time management, organization and prioritization skills
- Ability to work independently within a team environment
- Strong analytical, problem solving and proven decision-making skills
- Self-motivated with a team-oriented mindset
- Strong organizational skills with the ability to effectively prioritize
**Preferred Qualifications, Capabilities, and Skills**
- Syndicated Loan experience
- LOAN IQ experience
**Work schedule**
- _This position is not eligible for H1B or Sponsorship_
**ABOUT US**
JPMorgan Chase & Co., 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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans
**ABOUT THE TEAM**
Commercial Banking is focused on helping our clients succeed and making a positive difference in our communities. We provide 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 nonprofit organizations.
Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, p
