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Trading Services Specialist Senior Associate Loan Documentation

JPMorgan Chase

Trading Services Specialist Senior Associate Loan Documentation

JPMorgan Chase

LONDON, LONDON, United Kingdom, GB

·

On-site

·

Full-time

·

6d ago

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 Trading Services Specialist Senior Associate Loan Documentation within the Loan Trading Documentation team, you will be responsible for secondary trade closing support for products including loans, claims, equity, bonds and other non-standard assets. Wholesale Loan Middle Office is a part of Wholesale Lending Services that primarily supports the European Credit Trading, and Syndicated Leverage Finance businesses within the Corporate and Investment Bank.

Job responsibilities

  • Have extensive knowledge of LMA Standard Terms & Conditions and other industry standards, to draft, second-check work and execute trading documentation (and other ad hoc documentation) on behalf of JPMorgan Chase
  • Work with front office traders and sales coverage, clients, counsel and operations to settle secondary loans, claims, equity, bonds and other non-standard asset trades
  • Establish and maintain strong working relationships with internal and external stakeholders
  • Manage a trade portfolio across various lines of business while maintaining a clean aging profile
  • Review Loan Market Association (LMA) standard documents and other legal documents including trade confirms, assignment agreements, proceeds letters, participation agreements, cash collateral agreements, multilateral agreements and other non-standard documentation
  • Review credit agreements and other deal documentation, specifically assignability language
  • Identify and escalate issues to the front office trading assistants/traders/salespeople, in-house legal counsel and management, when necessary
  • Prepare weekly reports to track the status of open items and measure risk

Required qualifications, capabilities, and skills

  • 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
  • Extensive knowledge of loan-based software (LoanIQ, Clear Par)
  • Extensive experience with LMA standard documentation
  • Extensive knowledge of the LMA Standard Terms & Conditions
  • Extensive knowledge of the trade lifecycle and/or experience supporting a trading business
  • Extensive knowledge with loans, claims, equity, bonds and other non-standard assets

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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

21 reports

$126,500

total / year

Base

$110,000

Stock

-

Bonus

-

$95,450

$155,250

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