Loan Servicing Analyst

Apply today to become part of an exciting team making impactful changes in the financial industry!

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 handle syndicated credit structures managed by us or bilateral loans extended solely by us.

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 accurate loan accounting and provide clients timely 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 and efficiently.


* 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.

JPMorganChase, 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.

Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.

We also offer a range of benefits and programs to meet employee needs, based on eligibility.

These benefits include comp...