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Collateral Svc Specialist Iii
4 months ago
**JOB DESCRIPTION**
As a Collateral Svc Specialist III, you will service the loan after it has been paid in full, to ensure the collateral securing the loan is released.
**Responsibilities**:
- Conduct extensive system research and draft collateral releases for WLS.
- Review and understand JPMC approval requirements for releasing collateral.
- Perform reconciliations of collateral items against loan systems and research outages.
- Research and respond to internal inquiries for prompt customer resolution.
- Key and update collateral information on the applicable collateral system.
- Understand and adhere to Bank policies and procedures.
- Adhere to compliance and regulatory requirements.
- Meet and exceed established Service Level Agreements.
- Exercise judgment, discretion and prioritization.
- Participate in projects and working groups as required
- Other duties as assigned.
**Required qualifications, capabilities, and skills**:
- Minimum of years of prior loan operations experience in a banking or financial services industry.
- Strong knowledge of loan documentation required, paralegal certificate a plus.
- Detail Oriented
- Appreciate the importance of details and seek to understand their impacts; take methodical approach to tasks.
- Work with a sense of urgency; seek out and adapt to best practices; seek constant improvement; motivated by personal and departmental goals.
- Exceptional internal and external customer service skills.
- Team Oriented
- Readily shares information with peers and managers; can teach others; willing to assist wherever needed: works toward team success and goals.
- Commercial Loan systems knowledge including, but not limited to, ACBS, Loan IQ, and VLS.
- Ability to work independently and in a group setting to ensure team’s objectives are met.
**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, providing an unparalleled experience.
