Operations Support

2 weeks ago


Newark, United States Randstad USA Full time

Unique stepping-stone opportunity ideal for recent graduates motivated to start a lucrative career in Finance.


This role is with one of the oldest and largest financial institutions in the world which offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients. This is an opportunity to gain valuable experience with a Big Four, curate highly marketable skillsets to develop professionally, and begin a lucrative career with a leader in the Banking/Finance industry.


Employer overview:

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.


Ideal applicants:

Recent graduates who have a degree in Finance and/or any relevant industry experience are encouraged to apply.


Job summary:

We are currently hiring for multiple opportunities within the Commercial Banking arm and duties/responsibilities may vary. Examples of day-to-day responsibilities may include:

  • Provide deal origination and execution support to Commercial and Corporate Investment bank deal teams.
  • Read and interpret complex credit documentation, determine operational feasibility, provide feedback and recommendations as warranted.
  • Responsible for accurate and timely set up of all agency-related systems
  • Work with various members of the deal team included but not limited to JPMC attorneys, customers and investors to ensure a smooth closing
  • Provide feedback to deal structuring team on operational market trends and any preferred deal structure
  • Initiate loan funding activity; manage the funding process with Corporate Treasury, syndicate lenders, etc.
  • Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions
  • Ensure the accounting team obtains all data necessary for proper accounting of the fees
  • Confirm all conditions precedent have been met and compliance items meet the established banking guidelines
  • Demonstrating accurate and timely completion of customer service and research in accordance with the credit agreement
  • Minimizing credit and business risk through awareness of procedure, compliance, and bank policy
  • Initiate initial funding on new deals and restructurings; manage the funding process with Corporate Treasury, syndicate lenders, etc.
  • Process system changes for pricing related changes, documented loan amendments and modifications
  • Manage pipeline of assigned closing transactions with potential for multiple transactions closing in a single day
  • Reconcile exception reports and make system adjustments as needed


Hybrid working model (3 days per week onsite - days may vary)

Pay varies boe from $28-30/hour

Full benefits are provided for all contracts

Typical contract length is 3-6 months before converting to full time



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