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JPMorgan Primary Loan Associate Closer 
United Kingdom, England, London 
370378430

26.06.2024
As a Primary Loan Associate Closer within the Wholesale Lending Services team, you will manage a portfolio of primary loan trades from the trade date to settlement. You will operate in a dynamic environment, collaborating with the trading desk, external clients, legal counsel, and other WLS teams to settle primary loan trades across Europe, Middle East, and Africa (EMEA).

Job Responsibilities

  • Partners with the trading desk, external clients, legal counsel and operations to settle primary trades across Europe Middle East and Africa (EMEA)
  • Understands, reviews and drafts LMA standard documents and other trade-related documents including Assignment Agreements, Global Transfer Certificates and Multilateral Agreements
  • Coordinates with internal and external legal counsel to agree to proposed changes to trade documents
  • Reviews and understands syndicated credit agreements with specific focus on transfer mechanics
  • Manages a challenging trade portfolio across various lines of business while maintaining a healthy aging profile and driving reduced settlement times
  • Identifies and escalates issues to the front office trading assistants / traders / sales people, internal legal counsel and operations management
  • Works directly with counterparties, internal partners and external Agents to resolve issues
  • Coordinates timely and precise trade settlement with various settlement groups across WLS
  • Performs trade-related calculations, including OID & Ticking Fee
  • Creates and understands key metrics reporting for front office teams; daily / weekly / monthly reporting of open / closed / new trade population
  • Works on non-BAU projects and initiatives designed to improve automation and strengthen the team’s control environment

Required qualifications, capabilities, and skills

  • Excellent oral and written communication skills
  • Excellent analytical skills
  • Extremely detailed and control orientated; keen to understand the detail
  • Strong PC skills in particular Excel, Word and PowerPoint
  • Must have excellent client service skills

Preferred qualifications, capabilities, and skills

  • Knowledge of LMA documentation, Loan IQ and ClearPar