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Commercial Banking - Loan Origination Associate I at JPMorgan Chase Bank, N.A.

Posted in General Business 14 days ago.

This job brought to you by eQuest

Type: Full-Time
Location: Newark, Delaware

Job Description:

The Loan Origination Associate supports the largest and most sophisticated corporate loan transactions in the market. They primarily support the Corporate & Investment Bank and are responsible for closing and funding new deals, amendments and restructurings for syndicated loans where JPM is the lead arranger/administrative agent. The Loan Origination Associate works with the business, middle office, legal counsel, among others, to ensure the loan system is set up and clients are funded timely.

Essential Responsibilities:

  • Review credit agreements and other syndicated loan documents for operational feasibility and system enrichment
  • Data entry to record loan terms, syndicate & borrower information, etc. on the Loan IQ application
  • Initiate initial funding between investors and borrowers
  • Provide booking recommendations and solutions to business partners
  • Ability to support multiple loan transactions concurrently
  • Reconcile exceptions and ensure timely resolution

Minimum Requirements:

  • Undergraduate degree is strongly preferred but related job and industry experience can be accepted as a substitute (3+ years)
  • Must have experience reading and interpreting syndicated loan documentation or related experience supporting syndicated loans and using LoanIQ
  • Must be a team-oriented individual
  • Must be highly organized with ability to manage a variety of tasks with a strong attention to detail
  • Excellent communications skills oral and written
  • Strong interpersonal/client servicing skills

Strong analytical, problem solving and judgment skillsJPMorgan Chase & Co., 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 over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

Equal Opportunity Employer/Disability/Veterans