Loan Servicing Specialist
Title:
Loan Servicing Specialist Location:
Onsite - Charlotte, North CarolinaShift:
9am-6pmDESCRIPTIONCommercial 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.
As active members in our communities, we offer lending, equity, training and mentorship to help power diverse businesses, expand affordable housing, support vital institutions and advance the sustainable change that our communities need now more than ever.
The Loan Closer or Servicer is responsible for the on-boarding & implementation of new loans & amendments to the existing portfolio including setup, funding & restructures.
As the primary point of contact to internal & external stakeholders (attorneys, investors, functional partners and deal teams) this individual will anticipate their customers' needs and proactively communicate both verbally & in writing as required.
The Syndicated Loan position is responsible for deal setup and funding new deals, amendments, and restructures.
The deal closer has direct contact with attorneys, borrowers, investors, and JPM deal team.
This is an independent job and the deal closer is expected to manage the assigned pipeline and communicate effectively with all parties.
RESPONSIBILITIESo Provide deal origination and execution support to Commercial and Corporate Investment bank deal teams.
o Read and interpret complex credit documentation, determine operational feasibility, provide feedback and recommendations as warranted.
o Responsible for accurate and timely set up of all agency-related systemso Work with various members of the deal team included but not limited to JPMC attorneys, customers and investors to ensure a smooth closingo Provide feedback to deal structuring team on operational market trends and any preferred deal structureo Initiate loan funding activity; manage the funding process with Corporate Treasury, syndicate lenders, etc.
o Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributionso Ensure the accounting team obtains all data necessary for proper accounting of the feeso Confirm all conditions precedent have been met and compliance items meet the established banking guidelineso Demonstrating accurate and timely completion of customer service and research in accordance with the credit agreemento Minimizing credit and business risk through awareness of procedure, compliance, and bank policyo Initiate initial funding on new deals and restructurings; manage the funding process with Corporate Treasury, syndicate lenders, etc.
o Process system changes for pricing related changes, documented loan amendments and modificationso Manage pipeline of assigned closing transactions with potential for multiple transactions closing in a single dayo Reconcile exception reports and make system adjustments as needed QUALIFICATIONSMust Haveo 3-5 years of Commercial Loan/Lending Operations experienceo Knowledge of reading and interpreting syndicated credit agreements (pre/post-close) o 1-2 years of experience with Loan IQ o Solid skills with Microsoft Office Excel:
(VLOOKUP, Pivot Tables) o College degree or related experienceSoft skills:
o Excellent interpersonal and written/verbal communication skillso Strong analytical thinker who can identify connections between various pieces of data and systems and quickly articulate client impacto Ability to effectively multi-task and prioritize competing demandso Ability to manage and autonomously resolve complex problemso Strong organizational skills with the ability to function efficiently in a high volume, fast-paced, deadline-oriented environment while maintaining service level agreementso Highly motivated self-startero Exceptional customer service and communication skillsINTERVIEW PROCESSVideo Interview Recommended Skills Analytical Communication Coordinating Customer Service Lookup Table Market Trend Estimated Salary: $20 to $28 per hour based on qualifications.
Loan Servicing Specialist Location:
Onsite - Charlotte, North CarolinaShift:
9am-6pmDESCRIPTIONCommercial 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.
As active members in our communities, we offer lending, equity, training and mentorship to help power diverse businesses, expand affordable housing, support vital institutions and advance the sustainable change that our communities need now more than ever.
The Loan Closer or Servicer is responsible for the on-boarding & implementation of new loans & amendments to the existing portfolio including setup, funding & restructures.
As the primary point of contact to internal & external stakeholders (attorneys, investors, functional partners and deal teams) this individual will anticipate their customers' needs and proactively communicate both verbally & in writing as required.
The Syndicated Loan position is responsible for deal setup and funding new deals, amendments, and restructures.
The deal closer has direct contact with attorneys, borrowers, investors, and JPM deal team.
This is an independent job and the deal closer is expected to manage the assigned pipeline and communicate effectively with all parties.
RESPONSIBILITIESo Provide deal origination and execution support to Commercial and Corporate Investment bank deal teams.
o Read and interpret complex credit documentation, determine operational feasibility, provide feedback and recommendations as warranted.
o Responsible for accurate and timely set up of all agency-related systemso Work with various members of the deal team included but not limited to JPMC attorneys, customers and investors to ensure a smooth closingo Provide feedback to deal structuring team on operational market trends and any preferred deal structureo Initiate loan funding activity; manage the funding process with Corporate Treasury, syndicate lenders, etc.
o Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributionso Ensure the accounting team obtains all data necessary for proper accounting of the feeso Confirm all conditions precedent have been met and compliance items meet the established banking guidelineso Demonstrating accurate and timely completion of customer service and research in accordance with the credit agreemento Minimizing credit and business risk through awareness of procedure, compliance, and bank policyo Initiate initial funding on new deals and restructurings; manage the funding process with Corporate Treasury, syndicate lenders, etc.
o Process system changes for pricing related changes, documented loan amendments and modificationso Manage pipeline of assigned closing transactions with potential for multiple transactions closing in a single dayo Reconcile exception reports and make system adjustments as needed QUALIFICATIONSMust Haveo 3-5 years of Commercial Loan/Lending Operations experienceo Knowledge of reading and interpreting syndicated credit agreements (pre/post-close) o 1-2 years of experience with Loan IQ o Solid skills with Microsoft Office Excel:
(VLOOKUP, Pivot Tables) o College degree or related experienceSoft skills:
o Excellent interpersonal and written/verbal communication skillso Strong analytical thinker who can identify connections between various pieces of data and systems and quickly articulate client impacto Ability to effectively multi-task and prioritize competing demandso Ability to manage and autonomously resolve complex problemso Strong organizational skills with the ability to function efficiently in a high volume, fast-paced, deadline-oriented environment while maintaining service level agreementso Highly motivated self-startero Exceptional customer service and communication skillsINTERVIEW PROCESSVideo Interview Recommended Skills Analytical Communication Coordinating Customer Service Lookup Table Market Trend Estimated Salary: $20 to $28 per hour based on qualifications.
|
|
 | |
