Loan Servicing Analyst
Provide operational support for Commercial & Investment Banking, managing syndicated and bilateral loans.
Join our dynamic Wholesale Lending Services team and make a significant impact in the world of Commercial & Investment Banking.
Apply today to be part of a team that values your expertise and dedication!
Job Summary:
As a Loan Servicing Analyst in 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, administering a portfolio of approximately 30-40 syndicated accounts.
You will maintain direct contact with borrowers, lenders, and business partners while performing various loan servicing tasks.
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 that the loan accounting system is accurate and provide clients timely and accurate 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 in an effective, efficient, and organized manner.
* 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 with either Loan, Finance, or Securities experience.
* 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....
- Rate: Not Specified
- Location: Newark, US-DE
- Type: Permanent
- Industry: Finance
- Recruiter: JPMorgan Chase Bank, N.A.
- Contact: Not Specified
- Email: to view click here
- Reference: 210615751
- Posted: 2025-04-23 08:37:13 -
- View all Jobs from JPMorgan Chase Bank, N.A.
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