Trading Services Associate

London, United Kingdom

Job Description


:

The EMEA Loan Trading business is part of the Corporate and Investment Bank\'s Global Credit Trading platform. The business trades all privately issued loans, including second lien and mezzanine securities and in the case of distressed loans any successor or restructured instruments including restructured equity. Our client base includes the top European banks, credit funds, CLO investors, hedge funds and private equity clients. The desk serves each of these clients with opportunities from Investment Grade to distressed and complex restructurings.

Job Responsibilities:

  • Working in a very dynamic environment and partnering with the trading desk, external clients, legal counsel and operations to settle primary / secondary par and distressed loan trades across EMEA.
  • Understanding, reviewing and drafting LMA standard documents and other trade-related documents including confirms, assignment agreements, claims, proceeds letters, participation agreements, cash collateral agreements and multilateral agreements.
  • Coordinating with internal and external legal counsel to agree to proposed changes to trade documents.
  • Reviewing and understanding syndicated credit agreements with specific focus on transfer mechanics.
  • Managing a challenging trade portfolio across various lines of business while maintaining a healthy aging profile and driving reduced settlement times.
  • Identifying and escalating issues to the front office trading assistants / traders / sales people, internal legal counsel and operations management.
  • operational perspective.
Required qualifications, capabilities, and skills:
  • Extensive knowledge of the LMA market to include bankruptcy and restructurings; experience in distressed closings would be particularly desirable.
  • Subject matter expertise in relation to loan transfer documentation and loan settlements.
  • Excellent oral and written communication skills
  • Excellent analytical skills
  • Extremely detailed and control orientated; keen to understand the detail.
  • Strong PC skills in particular Excel, Word and PowerPoint.
  • Must have excellent client service skills.
Preferred qualifications, capabilities, and skills:
  • European language skills desirable.
  • Knowledge of Loan IQ and ClearPar preferred.
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. In accordance with applicable law, we make reasonable accommodations for applicants\' and employees\' religious practices and beliefs, as well as any mental health or physical disability needs.

About the Team:

Commercial Banking is focused on helping our clients succeed and making a positive difference in our communities. We provide credit and financing, treasury and payment services, international banking and real estate services to clients including corporations, municipalities, institutions, real estate investors and owners, and nonprofit organizations.

Operations teams develop and manage innovative, secure service solutions to meet clients\' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.

JPMorgan Chase

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Job Detail

  • Job Id
    JD2996668
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, United Kingdom
  • Education
    Not mentioned