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JobsJPMorgan Chase

Trading Services Specialist IV

JPMorgan Chase

Trading Services Specialist IV

JPMorgan Chase

Newark, DE, United States, US

·

On-site

·

Full-time

·

1w ago

Required Skills

Excel

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:

  • Bachelor’s 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, Clear Par)

  • 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

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About JPMorgan Chase

JPMorgan Chase

JPMorgan Chase is a multinational investment bank and financial services company that provides banking, investment, and asset management services globally. It is one of the largest banks in the United States by assets and market capitalization.

300,000+

Employees

New York City

Headquarters

Reviews

4.2

10 reviews

Work Life Balance

4.2

Compensation

4.3

Culture

4.5

Career

4.4

Management

4.1

75%

Recommend to a Friend

Pros

Good pay and benefits

Work-life balance

Career advancement opportunities

Cons

Heavy workload at times

Career advancement takes time

Pay could be better in some roles

Salary Ranges

47 data points

Junior/L3

Mid/L4

Senior/L5

Junior/L3 · Analyst, Investment Banking

3 reports

$126,500

total / year

Base

$110,000

Stock

-

Bonus

-

$126,500

$126,500

Interview Experience

4 interviews

Difficulty

2.8

/ 5

Duration

14-28 weeks

Interview Process

1

Application Review

2

HireVue Video Interview

3

Technical/Behavioral Assessment

4

Final Interview Round

5

Offer Decision

Common Questions

Behavioral/STAR

Technical Knowledge

Past Experience

Culture Fit

Case Study