Associate I - Global Fund Services Bank Loans Administration

JPMorgan is one of the world's top five most admired and prominent companies.

People are our strength and the diverse talents they bring to our global teams are directly linked to our success.

We embrace a culture of continuous learning, and we are passionate about using technology and process improvements that enable our world class team to achieve great results for clients.

Come join us and be a part of one of the best financial services companies in the world.

As an Associate I within the Bank Loan Administration team, you will play a crucial role in managing the trade instruction capture, settlements, and lifecycle events for bank loan assets within our Fund Services division.

You will work closely with a network of internal and external partners, including fund accounting, client services, fund managers, and agent banks, to ensure seamless operations and exceptional client service.

Job responsibilities:


* Understand of all aspects of loan or deal administration functions (including all aspects of funding).


* Be responsible for the bank loan life cycle events including paydown, drawdown, interest rate resets, payment-in-kind interest calculations, delayed compensation accruals / calculations and trade settlements


* Develop a thorough knowledge of our client base and building relationships with Investment Managers and other related third parties.

Work closely with your clients to resolve queries and providing first level account service


* Create, maintain and update procedures for client specific deliverables


* Review of daily controls and communication of any new training or procedural changes to the team; ensure that all controls and procedures outlined in the procedures manual and general company policies are complied with across all groups


* Ensure all scheduled work is completed by agreed deadlines, checklists are signed and files contain all required documentation; work cooperatively and effectively with others to set goals, resolve problems, and make decisions that enhance organizational effectiveness


* Assist in testing and implementation of system enhancements as required

Required qualifications, capabilities, and skills:


* Bachelor's degree, with minimum two years relevant work experience in bank debt / leveraged loan operations


* Excellent communication and relationship/partnership-building skills both with team members as well as other business partners


* Strong attention to detail with a control mindset, time management, planning skills and the ability to handle multiple competing priorities


* Demonstrates flexibility and willingness to accept new assignments and challenges in a rapidly changing environment


* Strong decision-making skills, ability to identify problems and propose solutions.

Exhibit initiative to raise issues to appropriate/relevant parties when needed.

Preferred qualifications, capabilities, and skills:


* Knowledge of LSTA/LMA standard documen...