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Loan Origination Specialist IV
JPMorgan Chase Chicago, IL
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$62k-82k (estimate)
Full Time 1 Day Ago
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JPMorgan Chase is Hiring a Loan Origination Specialist IV Near Chicago, IL

Job Description:As a Loan Origination Specialist IV on the Document Preparation (Doc Prep) Team, you will be responsible for performing due diligence through organizational, collateral and lien search information as well as creating legal documentation for new, renewed and modified bilateral commercial loan products for Middle Market Banking and Specialized Industries (MMBSI). The team partners with internal legal on document customization as required. Key systems used within Doc Prep are Aurora, HotDocs and related third party sites. Job Responsibilities: Interpret, understand, review, and prepare commercial loan documents, process transactions as approved, and ensure adherence to the Service Level Agreement (SLA) Process with high levels of accuracy and urgency to ensure transactions do not lead to financial losses or risk events Ensure all Service Levels for quantity and quality are met and any exceptions are immediately escalated for resolution Perform entity, collateral due diligence to comply with regulatory requirements Comply with audit and compliance regulations for internal and external audits Analyze the process flow and suggest improvements to eliminate redundant steps through effective value stream mapping Be an effective team player, leading and participating in various engagement activities not just limited to the process Ensure all controls and JP Morgan requirements are adhered to at all times, and any risk items are escalated immediately Maintain high levels of engagement with the Lenders, Credit Executives/Underwriters, Client Service Executives and Bankers Be a Subject Matter Expert (SME) in the process and understand the upstream and downstream process Prioritize the work accordingly and presenting a sense of urgency to meet and exceed expectationsRequired Qualifications, Capabilities, and Skills: 1 year of commercial loan documentation, collateral perfection, Loan Operations, or banking/lending experience 1 year of experience/knowledge of HotDocs and the Aurora system Strong verbal & written communication to effectively communicate with various stakeholders across the firm Manage complex requests with minimum supervision and independently make the decisions related to the process Ability to manage concurrent assignments and multi-task in an effective, efficient, and organized manner Ability to consistently maintain high performance levels in stressful situations and high-volume peaks Strong problem solving skills to undertake analysis, resolve issues/problems related to the process Excellent interpersonal skills to work effectively in a team environmentPreferred Qualifications, Capabilities, and Skills: Bachelor's Degree in Accounting/Finance preferred Knowledge of Entity Organizational Documentation Proficient in MS Office applications Experience in driving small projects

Job Summary

JOB TYPE

Full Time

SALARY

$62k-82k (estimate)

POST DATE

06/30/2024

EXPIRATION DATE

07/15/2024

WEBSITE

jpmorganchase.com

HEADQUARTERS

MCKINNEY, TX

SIZE

>50,000

FOUNDED

1968

REVENUE

>$50B

INDUSTRY

Banking

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About JPMorgan Chase

For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world. Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries. Whether we are serving customers, helping small businesses, or putting our skills to work with partners, we strive to identify issues and propose solutions that will propel the future and strengthen both our clients and our communities. 2017 JPMorgan Chase & Co. JPMorgan Chase is an equal opportunity and... affirmative action employer Disability/Veteran. More
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