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JPMorgan Loan Servicing Specialist III CMM 
United States, Illinois, Chicago 


A great opportunity to be a part of the Loan Servicing Center for Wholesale Lending. You will be responsible for handling loan servicing processing such as loan research and maintenance, loan payments, advances, and terminations.

Job Description:

As a Loan Servicing Specialist III in the Centralized Money Movement Team, you will be responsible for processing high complexity loan transactions in a fast-paced environment. You will handle various forms of monetary related transactions on the applicable commercial loan system and perform escalated researching and processing maintenance transactions for monetary and non-monetary transactions. This role provides an opportunity to enhance your skills in reconciling differences, monitoring interest/fee/principal transactions, and ensuring system integrity. Your career progression will be based on productivity, quality customer satisfaction, and contributions to the team.

Job Responsibilities:

  • Create PDF batch work for quality control/two-touch and document repositories
  • Enter data of customer and loan details into the loan system
  • Process wire, draws, payments, rate resets, quote payoffs and maintenance transactions
  • Identify inaccurate, incomplete or missing information on the transactions prior to submit for approval.
  • Minimize credit and business risk through awareness of procedure, compliance, and bank policy.
  • Participate in projects and working groups as required. Review and complete escalated requests
  • Exercise judgment, discretion, and prioritization. Meeting or exceeding established Service Level Agreements
  • Perform due diligence in understanding Bank policy and established procedures.
  • Provide excellent customer service. Customer contact focuses on high volume or unique activities requiring interaction with internal market/credit partners & resources (ability to calculate interest and fee accruals for billing is required for this role).
  • Perform prompt and proactive communication with business partners on the status of their requests. Meeting or exceeding established Service Level Agreements.

Required qualifications, capabilities, and skills:

  • Successful completion of all periodic High Value Business Entitlements (HBVE) background checks
  • At least 2 years of prior loan operations and/or quality control experience in a banking or financial services industry.
  • For internal applicants, successfully meeting deliverables for a minimum of 1 year with any WLS Flow team as a Loan Servicing Specialist III
  • Proficient in Microsoft Office applications (i.e. Excel, Word, Outlook, etc.).
  • Ability to adapt to internal tracking and monitoring systems. Knowledge of ACBS and/or Loan IQ
  • Understanding of US Dollar and Foreign Currency Loans
  • Working knowledge of legal/credit documents. Ability to interpret standard reports and forms.
  • Excellent interpersonal and written/verbal communication skills.
  • Exceptional customer service skills. Ability to effectively multi-task and prioritize workloads while working within tight service levels.
  • Strong organizational and time management skills. Demonstrate attention to detail and accuracy with completed work.
  • Ability to consistently maintain high performance levels in stressful situations and high volume environment. Ability to think out of the box and recommend solutions/ improvement.

Preferred qualifications, capabilities, and skills:

  • Bachelor’s degree or higher in Accounting, Business or Finance preferred.