2 Jobs in Newark, DE
JPMorgan Chase is Hiring a Closer Near Newark, DE
Join a team that supports your career growth, advancement and expanding opportunities! At JPMorgan Chase we take pride in valuing our employees’ individualities, while supporting an inclusive culture of teamwork.
As The Non-Agented Trade Closer within the Loan Trading Documentation team, you will be responsible for primary and secondary trade closing support on Non-JPMorgan Agented deals.
Wholesale Loan Middle Office is a part of Wholesale Lending Services that 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 par Non-JPMorgan Agented trades
- 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
- Coordinating with Deal Closing, Maintenance and settlements to maintain non-agent deal builds and facility records
- Developing close relationships with External Agents to settle trades quickly and efficiently
- 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
- Bachelors 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
Last updated : 2024-06-16
Job Summary
Full Time
Banking
$55k-71k (estimate)
06/18/2024
09/14/2024
jpmorganchase.com
MCKINNEY, TX
>50,000
1968
>$50B
Banking
Related Companies
About JPMorgan Chase
For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world. Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries. Whether we are serving customers, helping small businesses, or putting our skills to work with partners, we strive to identify issues and propose solutions that will propel the future and strengthen both our clients and our communities. 2017 JPMorgan Chase & Co. JPMorgan Chase is an equal opportunity and ...
affirmative action employer Disability/Veteran.
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The job skills required for Closer include Written Communication, Legal Documents, Initiative, Analytical Skills, Flexibility, etc. Having related job skills and expertise will give you an advantage when applying to be a Closer. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Closer. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Closer positions, which can be used as a reference in future career path planning. As a Closer, it can be promoted into senior positions as a Mortgage Loan Funding Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Closer. You can explore the career advancement for a Closer below and select your interested title to get hiring information.
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