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As a Equity Derivative Loan Associate in Custom Financing Support, you will provide Middle Office (MO) and Loan Servicing support to the Equity Derivative desk in support of their lending business. You will coordinate between Structuring, Credit, Product Control, Finance, and other Wholesale Lending Services groups within Structured Finance. The Structured Finance product are specialized loans issued by JP Morgan Chase to provide liquidity to investment banking clients in order to fund purchases of debt and equity interest in middle market companies.
Job responsibilities
Serve as primary Middle Office resource supporting all structured lending transactions entered into by the Equities financing desk. Coordinate communications between structuring, the trading desk, Credit Risk, and operational stakeholder groups in order to close new structured finance transactions. Perform loan servicing responsibilities relating to all structured equity loan products including, but not limited to, processing of advances, paydowns and calculation of interest. Serve as primary point of contact for client inquiries for the firm’s buy-side customers, including hedge funds and asset managers. Work with Equities Product Control teams to ensure accuracy in the desk’s P&L related to the structured financing product.Required qualifications, capabilities, and skills
2+ years of experience in financial operations Bachelor's degree in Finance or Business (or equivalent experience) Excellent communication and interpersonal skills Demonstrated leadership abilities and strong teamwork skills Control Oriented Ability to multi-task and prioritize workload Strong problem solving, decision making, and analytical skills Results driven Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)Preferred qualifications, capabilities, and Skills
Prior knowledge of loan product or trading operations Experience with Loan IQ Familiarity with accrual-basis accounting