Loan Servicing Analyst
Loan Servicing Analyst
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Job Description
Join our dynamic team and make a significant impact in the world of finance. Apply today to be part of an exciting journey with JPMorgan!
Job Summary:
As a Loan Operations Specialist in our Loan Operations Team you will provide operational support for syndicated credit structures and bilateral loans managed by JPMorgan. You will ensure accurate loan activity maintain compliance with credit agreements and deliver exceptional client service.
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 (Statements and Ledgers).
- 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 exceptions/breaks including principal interest and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices.
- Perform maintenance of margin changes and appropriate communication to bank group.
- Provide information as requested by Clients Business Partners Middle Office or Lenders.
- Monitor control reports updating applicable comments.
- Participate in system testing as needed which may occur during nonbusiness hours. Assist with any administrative tasks associated with the terms of a Credit Agreement.
- Perform quality control on new deals restructures and amendments by thoroughly understanding the credit agreement and verifying system set up accuracy. Back up coworkers work on various special projects or other tasks as assigned.
Required Qualifications Capabilities and Skills:
- Excellent oral and written communications skills.
- Strong interpersonal and client servicing skills.
- Solid working knowledge of Microsoft Office applications (i.e. Excel Word and PowerPoint).
- Ability to manage concurrent assignments in an effective efficient and organized manner.
- Ability to work independently within a team environment.
- Strong analytical problemsolving and proven decisionmaking skills.
- General to intermediate accounting knowledge.
Preferred Qualifications Capabilities and Skills:
- Experience in loan operations or financial services.
- Familiarity with syndicated credit structures and bilateral loans.
- Advanced proficiency in Excel for financial analysis.
- Knowledge of loan accounting systems and processes.
- Ability to interpret and apply complex legal documentation.
- Experience in system testing and quality control.
- Strong organizational and multitasking abilities.
Required Experience:
IC
Employment Type
Full-Time
