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JPMorganChase · 14 hours ago

Loan Servicing Associate - Asset Based Lending

4201 Congress St, Charlotte, NC, 28209, US

Full-time

Onsite

Mid, Senior Level

5+ years exp

JPMorganChase is one of the oldest financial institutions, offering innovative financial solutions to millions of clients. The Loan Servicing Professional will provide operational support on syndicated and bilateral loans, ensuring a high level of satisfaction for borrowers, lenders, and business partners.

Asset ManagementBankingFinancial Services

Growth Opportunities

No H1B

Responsibilities

Provide deal origination and execution support to Asset Based Lending bank deal teams as the primary loan servicing contact for internal/external clients for issues and resolutions

Administer excellence in the customer experience for both internal and external customers

Provide feedback to deal structuring team on operational market trends and any operational feasibility

Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable

Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy

Oversee loan activity (funding, re-pricings, payments) as instructed by the client in accordance with credit agreements

Calculate and track complex interest and fee accruals at various rate levels across changing lender distributions

Reconcile daily funding and payment activity to account for all daily cash transactions, initiate and reconcile automated funds movement, monitor and escalate past due principal, interest, & fees

Qualification

Commercial Lending ExperienceCustomer Service ExperienceTreasury Products KnowledgeLoan IQ ExperienceAnalytical SkillsMicrosoft Excel ProficiencyWritten Communication SkillsVerbal Communication SkillsOrganizational SkillsTeam CollaborationSelf-StarterAttention to Detail

Required

5 or more years Commercial or Asset Based Lending experience

3 or more years of demonstrated Exceptional Customer Service experience

Thorough understanding of Treasury Products

Excellent Written/Verbal Communication skills

Proven ability to collaborate with multiple stakeholders

Strong Analytical Thinker who can identify connections between various pieces of data and systems while quickly articulating client impact

Strong Organizational skills with ability to function efficiently in a high volume, fast-paced, deadline-oriented environment while maintaining service level agreements

Proficient in Microsoft Office applications with strong Excel skills

Highly motivated self-starter

Knowledge of reading and interpreting syndicated or bilateral credit pre/post-close agreements

Preferred

Loan IQ experience

Bachelor's degree in business, in finance or accounting, with a preference for a data analytics minor for data processing roles. Proficiency in tools like Excel Power Query, Alteryx, Python, and R is a plus

Ability to analyze collateral, assess eligibility, ensure loan accuracy, process Borrowing Base Certificate's, review legal documents, and perform month-end reconciliations. Five to seven years in accounting or finance, with Asset Based Lending automation experience in finance companies

Strong analytical skills, attention to detail, proficiency in Microsoft Office (especially Excel) and monitoring systems. Excellent communication, teamwork, and multitasking abilities in a dynamic environment

Benefits

Comprehensive health care coverage

On-site health and wellness centers

A retirement savings plan

Backup childcare

Tuition reimbursement

Mental health support

Financial coaching

Company

JPMorganChase

Glassdoor4.0

With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.

Founded in 2000

New York, New York, USA

10001+ employees