JPMorgan Loan Servicing Associate – Agency 

United States, Delaware 

970315315

Job Responsibilities:

• Initiate loan activity (fundings, repricing, payments) as instructed by the client in accordance with credit agreements.
• Track complex interest and fee accruals at various rate levels across changing lender distributions.
• Reconcile daily funding and payment activity to account for all daily cash transactions.
• Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable.
• Initiate and reconcile automated funds movement in accordance with client/lender instructions.
• Monitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices.
• Perform maintenance of margin changes and proper communication to bank group.
• Provide information as requested by Clients, Business Partners, Middle Office, or Lenders
• Monitor control reports updating applicable comments.
• Participate in system testing, as needed, which may occur during non-business hours. Assist with any administrative tasks associated with the terms of a Credit Agreement.
• Perform quality control on new deals, restructures, and amendments by thoroughly understanding the credit agreement verifying system set up accuracy.

Required Qualifications, Capabilities, and Skills:

• 1+ year financial services or syndicated loan product experience
• Extensive knowledge and familiarity with managing a portfolio.
• Excellent oral and written communications skills
• Strong Client-Service background
• Working knowledge of Microsoft Office applications (i.e., Excel, Word, and PowerPoint)
• Ability to manage concurrent assignments.
• Ability to work independently and partner well within a team environment.
• Strong analytical, problem solving and proven decision-making skills.
• General to intermediate accounting knowledge

Preferred Qualifications, Capabilities, and Skills:

• Undergraduate degree
• Experience with reading and interpreting syndicated loan documentation or related experience dealing with legal documentation.
• Experience with large cash movements via FED Wire or SWIFT
• LoanIQ experience