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JPMorgan Trading Services Non-Agented Closer Associate 
United States, Delaware 
116648440

25.06.2024

Job responsibilities

  • Working with the trading desk, clients, counsel and operations to settle par Non-JPMorgan Agented trades
  • Drafting, reviewing and understanding both Loan Syndications and Trading Association (LSTA) Standard and other legal documents including Trade Confirms, Assignment Agreements, Purchase and Sale Agreements
  • 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