Trading Services Specialist Loan Documentation Vice President
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Job Summary
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 an Trading Services Specialist Loan Documentation - Vice President within the Loan Trading Documentation team you will be responsible for secondary trade closing support for products including loans claims equity bonds and other non-standard assets. 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
- Stay updated with knowledge of LMA Standard Terms & Conditions and other industry standards to draft second-check work and execute trading documentation (and other ad hoc documentation) on behalf ofJPMorgan Chase
- Work with front office traders and sales coverage clients counsel and operations to settle secondaryloans claims equity bonds and other non-standard assettrades
- Establish and maintain strong working relationships with internal and external stakeholders
- Manage a trade portfolio across various lines of business while maintaining a clean aging profile
- Review Loan Market Association (LMA) standard documents and other legal documents including trade confirms assignment agreements proceeds letters participation agreements cash collateral agreements multilateral agreementsand other non-standard documentation
- Review credit agreements and other deal documentation specifically assignability language
- Identify and escalate issues to the front office trading assistants/traders/salespeople in-house legal counsel and management when necessary
- Prepare weekly reports to track the status of open items and measure risk
Required qualifications capabilities and skills
- 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 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
- Extensive knowledge of the LMA Standard Terms & Conditions
- Extensive knowledge of the trade lifecycle and/or experience supporting a trading business
- Extensive knowledge with loans claims equity bonds and other non-standard assets
Required Experience:
Exec
Key Skills
- Change Management
- Financial Services
- Growing Experience
- Managed Care
- Management Experience
- Analysis Skills
- Senior Leadership
- Performance Management
- Process Management
- Leadership Experience
- negotiation
- Analytics
About Company
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans ov ... View more
