DescriptionYou are a strategic thinker passionate about managing complex loan portfolios and leading a team of experts. You have found the right team.
As a Loan Servicing Associate - Approvals (Term Loan B) within the Lending Services team at JPMorganChase you will support a complex portfolio of syndicated and bilateral loans focusing on Term Loan B and Direct Lending products. You will lead a team of subject matter experts ensuring efficient loan servicing and maintaining a robust control environment.
Job Responsibilities
- Approve transactions within highly complex Term Loan B portfolios.
- Oversee daily workflow for the Approvals team ensuring timely release of funding and payment activities across all currencies.
- Approve loan activities such as fundings repricings and payments in accordance with client instructions and internal controls.
- Collaborate with other Approvers to enhance product expertise and best practices within the North America Loan & Agency Approvals teams.
- Manage all staff matters including performance reviews training escalations and compensation.
- Engage with transformation teams and business partners to advance strategic agendas focusing on risk mitigation and process improvement.
- Foster a culture of inclusiveness accountability and motivation within the team.
- Oversee and monitor internal controls related to payments pricing changes and other client-impact transactions.
- Provide information and support to Business Partners Middle Office Risk and Control Partners or Auditors.
Required Qualifications Capabilities and Skills
- Minimum of 2 years of financial services experience in syndicated loan operations and/or Term Loan B products.
- Experience with LoanIQ system and servicing of Direct Lending products.
- General to intermediate accounting knowledge.
- Strong oral and written communication skills.
- Excellent interpersonal and client servicing skills.
- Proficiency in Microsoft Office applications (Excel Word PowerPoint).
- Ability to manage concurrent assignments effectively and efficiently.
- Strong analytical problem-solving and decision-making skills.
- Ability to work independently within a team environment.
Preferred Qualifications Capabilities and Skills
- Experience with reading and interpreting syndicated loan documentation.
- Undergraduate degree or equivalent industry experience.
Required Experience:
IC