Trading Services Specialist - Secondary Documentation Closer
Trading Services Specialist - Secondary Documentation Closer
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
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 Support Specialist within the Loan Trading Documentation team you will take on the responsibility of providing primary and secondary trade closing support as well as Third Party Agency Review. Your role is a crucial part of the Wholesale Loan Middle Office a division of Wholesale Lending Services which primarily supports the North America Credit Trading and Syndicated Leverage Finance businesses within the Corporate and Investment Bank.
Job responsibilities
- Work with front office traders and sales coverage clients counsel and operations to settle secondary par loan trades
- Establish and maintain strong working relationships with clients/counterparts
- Manage heavy trade portfolio across various lines of business while maintaining a clean aging profile Review Loan Syndications and Trading Association LSTA standard documents and other legaldocuments including trade confirms assignment agreements proceeds letters participation agreements cash collateral agreements and multilateral agreements
- Review credit agreements specifically assignability language
- Identify and escalate issues to the front office trading assistants/traders/salespeople inhouse legal counsel and management when necessary
- Prepare daily/weekly MIS (Management Information System) reporting to track the status of open items and measure risk
Required qualifications capabilities and skills
- Bachelors degree or syndicated loan experience
- 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 selfmotivate as well as work as part of a team
Preferred qualifications capabilities and skills
- Familiarity with loanbased software (LoanIQ ClearPar)
- Experience with LSTA standard documentation knowledge of the LSTA Standard Terms and Conditions
- Knowledge of the trade lifecycle and/or experience supporting a trading business
- Familiarity with syndicated loans
- Prior knowledge of loan products or trading operations
Required Experience:
Unclear Seniority
Employment Type
Full-Time
