Job Description

JOB DESCRIPTION

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 a Trade Services Specialist within the Loan Trading Documentation team, you will be responsible for secondary trade closing support. Wholesale Loan Middle Office is a part of Wholesale Lending Services that primarily supports the European Credit Trading, and Syndicated Leverage Finance businesses within the Corporate and Investment Bank

Job responsibilities

Oversees Analysts and Junior Associates Has sufficient knowledge of LMA Trading, to second-check work and execute trading documentation on behalf of JPMorgan Chase Works with front office traders and sales coverage, clients, counsel and operations to settle secondary par loan trades Establishes and maintains strong working relationships with clients/counterparts Manages a trade portfolio across various lines of business while maintaining a clean aging profile Reviews Loan Market Association (LMA) standard documents and other legal documents including trade confirms, assignment agreements, proceeds letters, participation agreements, cash collateral agreements, and multilateral agreements Reviews credit agreements, specifically assignability language Identifies and escalates issues to the front office trading assistants/traders/salespeople, in-house legal counsel and management, when necessary Prepares daily/weekly MIS reporting to track the status of open items and measure risk

Required qualifications, capabilities, and skills

Extensive knowledge with syndicated loans Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint) Excellent oral and written communication skills Excellent analytical and critical thinking skills Ability to take initiative and self-motivate as well as work as part of a team Extensive knowledge of loan-based software (LoanIQ, ClearPar) Extensive experience with LMA standard documentation, knowledge of the LMA Standard Terms and Conditions Extensive knowledge of the trade lifecycle and/or experience supporting a trading business

ABOUT US

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.


We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

ABOUT THE TEAM

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.