Chicago, IL, USA
28 days ago
Loan Origination Associate I

Are you looking for a career that provides a platform for growth, advancement and expanding opportunities? Do you have a general understanding of Finance and Loan products, experience in Commercial Banking, Syndicated Loans, and LOAN IQ? You have found the right team. At JPMorganChase, we take pride in valuing our employees and supporting a culture of teamwork. 

As a Loan Origination Associate I within the Wholesale Lending Services (WLS) team at JPMorganChase, your primary function will be supporting the facilitation of syndicated loans of Fortune 500 companies through the deal closing process to help ensure they reach their financial goals. While utilizing effective communication skills, it is important that you focus on partnerships between the front office, legal, transaction coordinators and the account servicing teams to deliver a first-class client experience.

Wholesale Lending Services (WLS) is part of the Commercial Bank. JPMorganChase Commercial Bank provides lending services to multiple business units across the firm and around the world. You will provide loan documentation, closing and funding, payment and fee processing, syndication loan trade processing, credit administration, collateral management, customer service and reporting; and construction management.

 

Job Responsibilities

Read and interpret loan documentation for operational feasibility Input loan specific information into various systems Initiate and release principal and fee related payments associated with the closing Partner closely with Transaction Coordinators through the closing process and ensure all regulatory and compliance documentation is received prior to the closing date Manage pipeline of assigned transactions  Monitor and reconcile exception reports related to transactions recently closed Partner with Account Managers to inform them of amendments made to existing agreements, and/or general deal structure characteristics prior to the formal handoff  Maintain a low Quality Control (QC) error rate regarding the deal set up process 

 

Required Qualifications, Capabilities, and Skills

General understanding of Finance and Loan products Basic understanding of Microsoft Office  Highly motivated individual with a team-oriented mindset Strong organizational and prioritization skills Self-motivated and client focused Exceptional communication skills

 

Preferred Qualifications, Capabilities, and Skills

Commercial Banking experience Syndicated Loan experience LOAN IQ experience

 

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