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JPMorgan Chase Bank, N.A.

Syndicated Loan Transaction Coordinator - Associate

Career Insights for Loan Administrator / Manager

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What they do

A Loan Administrator or Manager services a loan once it has been agreed. Sends monthly bills to the loan recipient. May also maintain payment records and monitor compliance with the loan agreement.

$71,309 / year median in New Jersey

-11% projected decline

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Job Description

You have an undergraduate degree plus a minimum of 5 years of Syndicated Loan experience. Join a team that supports your career growth, advancement and expanding opportunities! At JPMorganChase we take pride in valuing our employees' individualities, while supporting an inclusive culture of teamwork. This is the team for you. As a Syndicated Loan Transaction Coordinator - Associate within the Wholesale Lending Services team at JPMorganChase, you will be responsible for coordinating complex syndicated loans, and letter of credit transactions for the Corporate Investment and Commercial Banks. You will work closely with the JPMorganChase Origination Businesses, ensuring all required documents, reference data, and critical information are reviewed for operational feasibility, optimal execution mechanics, regulatory requirements and mitigation of operational risk. The Wholesale Lending Services team partners with various internal and external parties including, but not limited to, Debt Capital Markets, Credit Risk, Loan and Agency Services, Product Control, Legal, Trade Settlements, as well as JPM Borrowers and Lender Clients. The team also interacts with their international counterparts in Europe and the Asia Pacific on cross-border deals originating out of North America. Job responsibilities
  • Assign, Manage, and maintain Investment and Commercial Bank transaction pipeline.
  • Ensure a broad understanding of the loan products, and the overall industry in order to effectively assist the junior analysts on the team, acting as the point of escalation.
  • Collect and review legal loan documentation for operational feasibility, optimal execution mechanics, regulatory requirements and mitigation of operational risk.
  • Coordinate and review of internal closing documentation with Debt Capital Markets, Credit Risk, Loan and Agency Services, Product Control, Legal, Trade Settlements, as well as Borrowers and Lenders.
  • Discuss and advise funding mechanics and operational requirements as it pertains to internal booking locations, regional, and currency policies.
  • Initiate trade settlement process and coordinate with trade settlement teams for Institutional Term Loan transactions.
  • Provide effective communication and coordination of fee documentation and recognition and execute best practices and control, risk mitigation and escalate point of contact.
  • Identify and address control gaps by engaging global partners. Propose solutions to improve the process at a global scale.
  • Participate with various working groups created to enhance performance and efficiency and interact/coordinate with international counterparts on cross-border deals originating out of North America. Required qualifications, capabilities, and skills
  • Undergraduate degree plus a minimum of 5 years of Syndicated Loan experience.
  • Knowledge of the Loan product / Syndicated Loan business, including a strong understanding of a credit.
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