As the Loan Servicing Analyst in Structured Loan and Agency Servicing you will primarily provide operational support for syndicated credit structures agented by JPMorgan or bilateral loans extended to a borrower solely by JPMorgan. This is a client facing role with direct contact with borrowers, lenders, and business partners while performing loan servicing facets.
Job Responsibilities:
- Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements.
- Calculate and 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 (Statements and Ledgers).
- 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 escalation past due exceptions/breaks including 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 appropriate 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 and verifying system set up accuracy.
- Back up co-workers, work on various special projects or other tasks as assigned.
Required Qualifications, Capabilities, and Skills:
- Excellent oral and written communications skills
- Degree in Economics, Finance or Business is a preference
- Strong interpersonal & client servicing skills
- Solid working knowledge of Microsoft Office applications (., Excel, Word, and PowerPoint)
- Ability to manage concurrent assignments in an effective, efficient, and organized manner.
- Ability to work independently within a team environment.
- Strong analytical, problem solving and proven decision-making skills.
- General to intermediate accounting knowledge