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Chase · 1 month ago

Wealth Management, Private Bank, PLP Borrower Specialist, Analyst

390 Madison Ave, New York, NY, 10017, US

Full-time

Onsite

Entry, Mid Level

$85K/yr - $95K/yr

2+ years exp

JPMorgan Chase & Co. is a leading global financial services firm, and they are seeking a PLP Borrower Specialist Analyst to join their Wealth Management team. This role involves managing client relationships and loan portfolios, ensuring excellent client experiences, and collaborating with various internal and external parties to facilitate loan programs for private equity clients.

BankingFinancial Services

Responsibilities

As the new client’s main point on contact, you will be responsible for introducing the Professional Loan Program by sending a customized Program Welcome Letter, sending application, collecting and reviewing information for underwriting, and collaborating with internal teams to complete onboarding, including Know Your Client (“KYC”) due diligence

Partner directly with clients, internal Middle Office teams and required third parties (Family office representatives, notaries, couriers, and borrowers counsel) to manage deal progression and closing ensuring an overall excellent client experience

Act as primary owner of the existing loan portfolio while performing various aspects of sales and credit management:

Proactively manage upcoming covenant and annual review deadlines to collect information from clients in a timely manner to prevent past dues

Work closely with our counterparts on capital calls & distributions and serve as a primary point of contact for client’s program related questions and potential modification requests (e.g., loan increases)

Own escalations and collaborate directly with the Client Service Groups to resolve credit related service inquiries

Maintain client interaction reports across the Professional Loan Program (PLP) portfolio

Assist Private Bankers and other Integrated Team Members with the relationship management and relationship deepening efforts for Professional Loan Program clients

Collaborate with the Lending Advisor on various research inquiries and reporting tasks

Business Development - review and identify potential business opportunities for clients to engage in additional products and services

Qualification

Wealth Management experienceClient relationship managementSales abilityMicrosoft Office proficiencyCommunication skillsDecision-making skillsInterpersonal skillsOrganizational skillsTime-management skillsAttention to detailInitiative