Commercial Loan Closing Associate I
Chicago, IL - USA
Department:
Job Summary
Fuel complex syndicated loan closings from setup to fundingwhere accuracy pace and partnership directly shape client outcomes. Youll help deliver a seamless closing experience by coordinating documentation payments and post-close controls alongside key
As aLoan Closing Associate IwithinDeal Set Up and Funding you will help facilitate syndicated loan closings by interpreting loan documentation coordinating closing deliverables and payments and ensuring accurate data capture. Youll partner closely with colleagues across the businesssuch as deal teams legal partners and servicing teamsto deliver a smooth closing process and a strong client experience.
Job responsibilities
- Collaborateacross teams to interpret loan documentation and support accurate setup and processing of new deals
- Coordinateprincipal and fee-related closing payments
- Gatherand validate required documentation prior to closing in partnership with transaction coordinators and other stakeholders
- Manageandprioritizea pipeline of assigned transactions to meet closing timelines
- Reconcileandgovernexception reporting for recently closed transactions
- Analyzeamendments to agreements and/or deal structure changes andcommunicateimpacts to account managers
- Provideaccurate data while maintaining a low quality control error rate
- Escalaterisks issues and timeline concerns early with clear options and recommended actions
Required qualifications capabilities and skills
- 3 yearsof commercial loan operations experience including reading and interpreting loan documentation
- Excellentoral and written communicationskills
- Stronginterpersonalskills and comfort engaging with clients and internal partners
- Solid working knowledge ofMicrosoft Office(Excel Word PowerPoint)
- Strongtime management organization and prioritization skills
- Ability towork independentlywithin a team environment
- Stronganalytical problem-solving and decision-making skills
- Aself-motivated team-oriented mindset
Preferred qualifications capabilities and skills
The following qualifications will help you stand out:
- Syndicated loan experience
- Loan IQ experience
Required Experience:
IC
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