Trading Services Documentation Closer

As the Associate Documentation Closer within Wholesale Lending Services, you will be responsible for secondary trade closing review and signing. Your role is a crucial part of the Wholesale Loan Middle Office, a division of Wholesale Lending Services, which primarily supports the North America Credit Trading, and Syndicated Leverage Finance businesses within the Corporate and Investment Bank

Job responsibilities

• Working with the trading desk, clients, counsel and operations to settle complex secondary loan trades; Inventory tracking, Participation Drafting, PIK Events, ETC…
• Drafting, reviewing and understanding both Loan Syndications and Trading Association (LSTA) Standard and other legal documents including Trade Confirms, Assignment Agreements, Purchase and Sale Agreements & LSTA Standard Participations
• Completing two-touch review and signing of documentation completed by other closers
• Reviewing and coordinating with internal and external counsel on proposed changes to legal documents
• Reviewing and understanding Credit Agreements and other relevant trade documentation
• Managing a heavy trade portfolio across all various lines of business while maintain a clean aging profile
• Identifying and escalating issues to the Trading Assistants & traders, in-house legal counsel and management, when necessary (Focus on key economic, language and fee-related disputes)
• Working directly with counterparts and internal partners in issue resolution
• Monitoring/tracking/reporting of all escalated issues using appropriate workflow tools
• Reporting to senior management for open trades and trading metrics is required

Required qualifications, capabilities, and skills

• 2 years prior experience with syndicated loan settlements or trading operations
• Extensive knowledge of the trade lifecycle and/or experience supporting a trading business
• Experience with LSTA standard documentation, knowledge of the LSTA Standard Terms and Conditions
• Strong Computer Skills : in particular Excel, Word and PowerPoint
• Extremely detail-oriented
• Excellent analytical skills
• Excellent oral and written communication skills
• Self-motivated with a track record of initiative

Preferred qualifications, capabilities, and skills

• 4 years prior experience with syndicated loan settlements or trading operations
• Bachelor’s Degree in Finance or related field
• Preferred familiarity with loan-based software (Loan IQ, ClearPar)
• Loan Trade Closing Experience

Work schedule

• This hybrid role requires going into the office three days a week with two days’ flexibility to work from home, subject to change

This position is not eligible for H1B or Sponsorship

About us

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veteran

About the Team

Commercial Banking is focused on helping our clients succeed and making a positive difference in our communities. We provide credit and financing, treasury and payment services, international banking and real estate services to clients including corporations, municipalities, institutions, real estate investors and owners, and nonprofit organizations.

Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.

Source ⇲