Trading Services Specialist Senior Associate Loan Documentation

Testing Site - JPMC; Greater London; On-site; GBP 85,000 - 120,000; Full time

Job summary

JPMorgan Chase in London is recruiting a Trading Services Specialist Senior Associate – Loan Documentation to support the Loan Trading Documentation team. You will draft, second-check, and execute documentation for loans, claims, equity, bonds and other non-standard assets, liaising with front office, clients, counsel and operations.

You will manage a trade portfolio across lines of business, review LMA documents and deal papers, and prepare weekly reports to monitor open items and risk.

Qualifications

• Proficiency with Microsoft Office Suite (Excel, Word, PowerPoint).
• Excellent oral and written communication skills.
• Strong analytical and critical thinking abilities.
• Ability to take initiative and work as part of a team.
• Extensive knowledge of loan-based software (LoanIQ, ClearPar).
• Extensive experience with LMA standard documentation.
• Extensive knowledge of the LMA Standard Terms & Conditions.
• Familiarity with loans, claims, equity, bonds and other non-standard assets.

Responsibilities

• Draft, second-check, and execute trading documentation on behalf of JPMorgan Chase.
• Settle secondary loans, claims, equity, bonds and other non-standard asset trades.
• Establish and maintain strong working relationships with internal and external stakeholders.
• Manage a trade portfolio across various lines of business while maintaining a clean aging profile.
• Review Loan Market Association (LMA) standard documents and other legal documents including trade confirms, assignment agreements, proceeds letters, participation agreements, cash collateral agreements, multilateral agreements and other non-standard documentation.
• Review credit agreements and other deal documentation, specifically assignability language.
• Identify and lift issues to the front office trading assistants/traders/salespeople, in-house legal counsel and management, when necessary.
• Prepare weekly reports to track the status of open items and measure risk.

Skills

Microsoft Office

Communication skills

Analytical thinking

Team player

LoanIQ

ClearPar

LMA documentation

Trade lifecycle

Non-standard assets

Tools

Excel

PowerPoint

Job description

Join a team that supports your career growth, advancement and expanding opportunities! At JPMorgan Chase we take pride in valuing our employees' individualities, while supporting an inclusive culture of teamwork.

As a Trading Services Specialist Senior Associate Loan Documentationwithin the Loan Trading Documentation team, you will be responsible for secondary trade closing support for products including loans, claims, equity, bonds and other non-standard assets. Wholesale Loan Middle Office is a part of Wholesale Lending Services that primarily supports the European Credit Trading, and Syndicated Leverage Finance businesses within the Corporate and Investment Bank.

Job responsibilities

• Have extensive knowledge of LMA Standard Terms & Conditions and other industry standards, to draft, second-check work and execute trading documentation (and other ad hoc documentation) on behalf ofJPMorgan Chase
• Work with front office traders and sales coverage, clients, counsel and operations to settle secondaryloans, claims, equity, bonds and other non-standard assettrades
• Establish and maintain strong working relationships with internal and external stakeholders
• Manage a trade portfolio across various lines of business while maintaining a clean aging profile
• Review Loan Market Association (LMA) standard documents and other legal documents including trade confirms, assignment agreements, proceeds letters, participation agreements, cash collateral agreements, multilateral agreementsand other non-standard documentation
• Review credit agreements and other deal documentation, specifically assignability language
• Identify and lift issues to the front office trading assistants/traders/salespeople, in-house legal counsel and management, when necessary
• Prepare weekly reports to track the status of open items and measure risk

Required qualifications, capabilities, and skills

• Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)
• Excellent oral and written communication skills
• Excellent analytical and critical thinking skills
• Ability to take initiative and self-motivate as well as work as part of a team
• Extensive knowledge of loan-based software (LoanIQ, ClearPar)
• Extensive experience with LMA standard documentation
• Extensive knowledge of the LMA Standard Terms & Conditions
• Extensive knowledge of the trade lifecycle and/or experience supporting a trading business
• Extensive knowledge with loans, claims, equity, bonds and other non-standard assets