Loan Servicing Associate - Approvals (Term Loan B)
JP Morgan
You are a strategic thinker, passionate about managing complex loan portfolios and leading a team of experts. You have found the right team.
As a Loan Servicing Associate - Approvals (Term Loan B) within the Lending Services team at JPMorganChase, you will support a complex portfolio of syndicated and bilateral loans, focusing on Term Loan B and Direct Lending products. You will lead a team of subject matter experts, ensuring efficient loan servicing and maintaining a robust control environment.
Job Responsibilities
Approve transactions within highly complex Term Loan B portfolios.Oversee daily workflow for the Approvals team, ensuring timely release of funding and payment activities across all currencies.Approve loan activities such as fundings, repricings, and payments in accordance with client instructions and internal controls.Collaborate with other Approvers to enhance product expertise and best practices within the North America Loan & Agency Approvals teams.Manage all staff matters including performance reviews, training, escalations, and compensation.Engage with transformation teams and business partners to advance strategic agendas focusing on risk mitigation and process improvement.Foster a culture of inclusiveness, accountability, and motivation within the team.Oversee and monitor internal controls related to payments, pricing changes, and other client-impact transactions.Provide information and support to Business Partners, Middle Office, Risk and Control Partners, or Auditors.
Required Qualifications, Capabilities, and Skills
Minimum of 2 years of financial services experience in syndicated loan operations and/or Term Loan B products.Experience with LoanIQ system and servicing of Direct Lending products.General to intermediate accounting knowledge.Strong oral and written communication skills.Excellent interpersonal and client servicing skills.Proficiency in Microsoft Office applications (Excel, Word, PowerPoint).Ability to manage concurrent assignments effectively and efficiently.Strong analytical, problem-solving, and decision-making skills.Ability to work independently within a team environment.
Preferred Qualifications, Capabilities, and Skills
Experience with reading and interpreting syndicated loan documentation.Undergraduate degree or equivalent industry experience.
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