Trade Services Specialist IV
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Job Location:
Newark, DE - USA
Monthly Salary:
Not Disclosed
Posted on:
22 hours ago
Vacancies:
1 Vacancy
Department:
Job Summary
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 a Trade Support Specialist within the Loan Trading Documentation team you will take on the responsibility of providing primary and secondary trade closing support as well as Third Party Agency Review. 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:
Work with front office traders and sales coverage clients counsel and operations to settle secondary par loan trades
Establish and maintain strong working relationships with clients/counterparts
Manage heavy trade portfolio across various lines of business while maintaining a clean aging profile Review LSTA (Loan Syndications and Trading Association) standard documents and other legal documents including trade confirms assignment agreements proceeds letters participation agreements cash collateral agreements and multilateral agreements
Review credit agreements specifically assignability language
Identify and escalate issues to the front office trading assistants/traders/salespeople in-house legal counsel and management when necessary
Prepare daily/weekly MIS reporting to track the status of open items and measure risk
Required qualifications capabilities and skills:
Bachelors degree or syndicated loan experience
Proficiency with Microsoft Office Suite (Excel Word and PowerPoint)
Excellent oral and written communication skills
Excellent analytical and critical thinking skills
Ability to take initiative and self-motivate as well as work as part of a team
Preferred qualifications capabilities and skills:
Familiarity with loan-based software (LoanIQ ClearPar)
Experience with LSTA standard documentation knowledge of the LSTA Standard Terms and Conditions
Knowledge of the trade lifecycle and/or experience supporting a trading business
Familiarity with syndicated loans
Prior knowledge of loan products or trading operations
Required Experience:
IC
Key Skills
- Criminal Justice
- Account Payable
- Economics
- Front End
- Facilities Management
- Domestic
About Company
JPMorganChase, 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 ov ... View more
