What are the responsibilities and job description for the Loan Origination Associate I position at JPMorgan Chase?
Are you ready to make a significant impact in the world of commercial loans? Join us and be part of a dynamic team that supports Fortune 500 companies in achieving their financial goals. This role offers career growth, skill development, and the opportunity to work with industry leaders.
As a Commercial Loan Closing Associate in Deal Set Up and Funding, you will play a crucial role in facilitating syndicated loans. You will collaborate with various teams to ensure accurate processing and seamless deal closing, contributing to our firm's success and client satisfaction. Your work will directly impact our clients' financial achievements and enhance our team's reputation for excellence. In this role, you will be part of a team that values effective communication and partnership. You will work closely with the front office, legal, transaction coordinators, and account servicing teams to deliver a first-class client experience. Your contributions will help maintain our high standards and support the financial growth of major corporations.
Job Responsibilities
- Initiate collaboration across multiple teams to effectively interpret loan documentation for accurate processing of new deals
- Own coordination of principal and fee-related closing payments
- Maintain accountability for gathering all required documentation prior to deal closing while working with Transaction Coordinators and other partners
- Actively manage and prioritize a pipeline of assigned transactions
- Govern and reconcile exception reports related to recently closed transactions
- Analyze amendments made to existing agreements and/or deal structure characteristics and effectively communicate the changes to account managers
- Consistently provide accurate data while maintaining a low quality control error rate
Required Qualifications, Capabilities, and Skills
- 3 or more years of commercial loan operations experience, including reading and interpreting loan documentation
- Excellent oral and written communications skills
- Strong interpersonal & client contact and communications skills
- Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)
- Effective time management, organization and prioritization skills
- Ability to work independently within a team environment
- Strong analytical, problem solving and proven decision-making skills
- Self-motivated with a team-oriented mindset
- Strong organizational skills with the ability to effectively prioritize
Preferred Qualifications, Capabilities, and Skills
- Syndicated Loan experience
- LOAN IQ experience
