Loan Servicing Associate I

ob Responsibilities**

• Initiate loan activity and reconcile funds movement as instructed by the client in accordance with credit agreements

• Track and calculate complex interest and fee accruals at various rate levels

• Reconcile daily funding and payment activity to account for all daily cash transactions

• Interpret complex legal credit agreements and related documentation

• Manage and escalate past due principal, interest, and fees

• Maintain accuracy within the loan accounting platform in order to provide timely invoices

• Maintain margin changes and appropriate communication to participating external banking groups

• Provide information as requested by clients, business partners, middle office, or lenders

• Monitor exception reports and updating applicable comments

• Review new deals, restructures, and amendments by also verifying system accuracy

Required Qualifications, Capabilities, and Skills

• Minimum of 2 years of related industry experience and/or Account Management

• Strong knowledge of JPMorgan or Treasury bank funding fundamentals

• Excellent oral and written communications skills along with strong interpersonal & client servicing skills

• Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)

• Ability to manage concurrent assignments in an effective, efficient, and organized manner

• Ability to work independently and partner well within a team environment

• Strong analytical, problem solving and proven decision-making skills

• Experience with reading and interpreting loan documentation

Preferred Qualifications, Capabilities, and Skills

• Bachelor's Degree

• Knowledge and familiarity with managing a portfolio of 30+ multicurrency syndicated deals

• Understanding of Revolver and Term loan pricing options

• Knowledge or familiarity with currency payments using SWIFT MT202's and MT103 payment formatting

• LOANIQ experience

• Knowledge navigating payments, reconciliation and exception management within JPMorgan proprietary platforms

Required or Additional Information

• Visa sponsorship is not available for this position.

• Work schedules will vary within a full-time, 40-hour per week schedule.

• You must be willing to work during our operating hours, which may include evenings, weekends, and holidays.

• Specific information regarding work schedules will be provided by the recruiter.

ABOUT US

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 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

ABOUT THE TEAM

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.