JPMorgan Associate - Global Bank Loans Onboarding 

United States, New York, New York 

435660019

Job Summary

As an Associate I within the Global Bank Loans team, you will play a crucial role in the onboarding, servicing, and maintenance of bank loans across global traditional fund services. Your primary focus will be on the Onboardings team, where you will be responsible for collecting necessary data for onboarding new bank loans, establishing accounts on various internal and external systems, loading incoming positions and reconciling day one positions to ensure accuracy, and proving a seamless transition to the operations teams after onboarding.

In addition to these core responsibilities, you will handle communications and take ownership of processes to ensure timely completion of onboardings. Success in this role requires being proactive, organized, and agile, with the ability to manage multiple projects simultaneously in a high-pressure, time-sensitive environment.

Job Responsibilities

• Be the point of contact for each project by taking ownership of end-to-end onboarding activities including fund manager communications, instruction capture setups, static data configurations, and eventually bringing the accounts live.
• Create and use multi-source reconciliation models to determine, investigate, and help resolve differences during Production Parallel stages.
• Monitor, track, and complete numerous JIRAs on a daily basis.
• Process trade, lifecycle, and settlement related activities for all bank loan types
• Develop a deep understanding of the bank loan model and presenting it to clients and fund managers

Required qualifications, capabilities, and skills

• Bachelor degree or prior work experience
• A strong entrepreneurial attitude with the mindset of taking ownership of assignments
• Strong technical skills including accounting fundamentals and theories
• Knowledge of 40 ACTs Fund Accounting, Financial Reporting and Tax Operations
• Ability to be effective in a global operating environment and a matrix management organizations
• Ability to build and maintain effective working relationships with clients and counterparties
• Self-motivated with a flexible approach to working hours

Preferred qualifications, capabilities, and skills

• Quick learner both technical knowledge and systems
• Results orientated; ability to create and sustain a target driven environment
• Knowledge or prior work experience with Bank Loans, OTCs, or other Complex Assets
• The ability to construct these reconciliation models is highly preferred.