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Trading Services Non-Agented Closer Associate

Join a team that supports your career growth, advancement and expanding opportunities! At JPMorgan Chase we take pride in valuing our employees' individualities, while supporting an inclusive culture of teamwork.

As The Non-Agented Trade Closer within the Loan Trading Documentation team, you will be responsible for primary and secondary trade closing support on Non-JPMorgan Agented deals.

Wholesale Loan Middle Office is a part of Wholesale Lending Services that primarily supports the North America Credit Trading, and Syndicated Leverage Finance businesses within the Corporate and Investment Bank

Job responsibilities


* Working with the trading desk, clients, counsel and operations to settle par Non-JPMorgan Agented trades


* Drafting, reviewing and understanding both Loan Syndications and Trading Association (LSTA) Standard and other legal documents including Trade Confirms, Assignment Agreements, Purchase and Sale Agreements


* Reviewing and coordinating with internal and external counsel on proposed changes to legal documents


* Reviewing and understanding Credit Agreements and other relevant trade documentation


* Managing a heavy trade portfolio across all various lines of business while maintain a clean aging profile


* Identifying and escalating issues to the Trading Assistants & traders, in-house legal counsel and management, when necessary (Focus on key economic, language and fee-related disputes)


* Working directly with counterparts and internal partners in issue resolution


* Monitoring/tracking/reporting of all escalated issues using appropriate workflow tools


* Coordinating with Deal Closing, Maintenance and settlements to maintain non-agent deal builds and facility records


* Developing close relationships with External Agents to settle trades quickly and efficiently


* Reporting to senior management for open trades and trading metrics is required

Required qualifications, capabilities, and skills


* 2 years prior experience with syndicated loan settlements or trading operations


* Extensive knowledge of the trade lifecycle and/or experience supporting a trading business


* Experience with LSTA standard documentation, knowledge of the LSTA Standard Terms and Conditions


* Strong Computer Skills : in particular Excel, Word and PowerPoint


* Extremely detail-oriented


* Excellent analytical skills


* Excellent oral and written communication skills


* Self-motivated with a track record of initiative

Preferred qualifications, capabilities, and skills


* 4 years prior experience with syndicated loan settlements or trading operations


* Bachelors Degree in Finance or related field


* Preferred familiarity with loan-based software (Loan IQ, ClearPar)


* Loan Trade Closing Experience

Work schedule


* This hybrid role requires going into the office three days a week with two days' flexibility to work from home, subject to change

This posi...




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