Loan Servicing Manager

JPMorganChase; Bengaluru; On-site; INR 3,500,000 - 5,500,000; Full time

Job summary

JPMorganChase in Bengaluru is seeking a senior Loan Servicing & Credit Support Manager to oversee daily team activities, ensuring SLA compliance and efficient handling of Deal Closing, Drawdowns, Rollovers, Repayments, and Nostro Reconciliation.

The role requires 10+ years in loan servicing, expertise with Loan IQ, GL reconciliation, SWIFT systems, and a strong ability to drive projects while mentoring staff and maintaining high risk controls.

Qualifications

• Hold a bachelor's degree with at least 10+ years of relevant experience in loan servicing or credit support within syndicated loans or the financial industry.
• Possess knowledge of loan systems like Loan IQ.
• Demonstrate expertise in nostro/cash matching, General Ledger reconciliation, and SWIFT/remittance systems.
• Exhibit strong problem-solving and investigative skills to analyze and resolve process-related issues.
• Maintain a strong risk and control mindset.
• Understand investment banking products, including loans.
• Drive projects effectively, showcasing strong people, performance, and escalation management skills.

Responsibilities

• Monitor the team daily to ensure all SLAs are met and elevate exceptions for resolution.
• Supervise processes including Deal Closing, Drawdowns, Rollovers, Repayments, and Nostro & Past Due Reconciliation.
• Ensure adherence to quality and quantity SLAs with a robust workflow model.
• Serve as the SME, handling complex queries and routing them to onshore teams if needed.
• Implement a Knowledge Management model with SOP maintenance and training.
• Drive 100% compliance with process policies, guidelines, and controls.
• Motivate and support team members to achieve their goals and identify high-potential employees.
• Identify alternatives and options for addressing issues and exploring scenarios.
• Collaborate effectively with colleagues, leveraging diverse skills to achieve goals.
• Identify training needs for process and soft skills to enhance performance.
• Ensure team depth with trained backups for critical work queues.

Skills

Leadership

Problem solving

Risk management

Stakeholder management

Analytical thinking

Communication

Investment banking knowledge

Education

Bachelor's degree in finance or related field

Tools

Loan IQ

SWIFT/remittance systems

General Ledger reconciliation tools

Job description

Job Description

The Loan Servicing & Credit Support Manager is a pivotal role within our Loans group, essential to the seamless operation of our banking office. This position offers the opportunity to engage with multiple facets of banking operations while executing critical tasks and requirements. Join us to make a significant impact and gain valuable exposure in the financial industry

Job Description

The Loan Servicing & Credit Support Manager is a pivotal role within our Loans group, essential to the seamless operation of our banking office. This position offers the opportunity to engage with multiple facets of banking operations while executing critical tasks and requirements. Join us to make a significant impact and gain valuable exposure in the financial industry

Job Summary

As a Loan Servicing & Credit Support Manager in our Loans group, you will oversee daily team activities to ensure compliance with Service Level Agreements (SLAs). You will supervise processes such as Deal Closing, Drawdowns, Rollovers, Repayments, Pre-payments, Funding, Rate-Fixings, Fees, and external payments. This role offers a unique opportunity to develop your skills in managing Nostro & Past Due Reconciliation while making a significant impact on our operations.

Job Responsibilities

• Monitor the team daily to ensure all SLAs are met and elevate exceptions for resolution.


• Supervise processes including Deal Closing, Drawdowns, Rollovers, Repayments, and Nostro & Past Due Reconciliation.


• Ensure adherence to quality and quantity SLAs with a robust workflow model.


• Serve as the SME, handling complex queries and routing them to onshore teams if needed.


• Implement a Knowledge Management model with SOP maintenance and training.


• Drive 100% compliance with process policies, guidelines, and controls.


• Motivate and support team members to achieve their goals and identify high-potential employees.


• Identify alternatives and options for addressing issues and exploring scenarios.


• Collaborate effectively with colleagues, leveraging diverse skills to achieve goals.


• Identify training needs for process and soft skills to enhance performance.


• Ensure team depth with trained backups for critical work queues.

Required Qualifications, Capabilities And Skills

• Hold a bachelor's degree with at least 10+ years of relevant experience in loan servicing or credit support within syndicated loans or the financial industry.


• Possess knowledge of loan systems like Loan IQ.


• Demonstrate expertise in nostro/cash matching, General Ledger reconciliation, and SWIFT/remittance systems.


• Exhibit strong problem-solving and investigative skills to analyze and resolve process-related issues.


• Maintain a strong risk and control mindset.


• Understand investment banking products, including loans.


• Drive projects effectively, showcasing strong people, performance, and escalation management skills.

Preferred Qualifications, Capabilities And Skills

• Influence and lead conversations effectively with stakeholders.


• Demonstrate executive presence by summarizing, recommending, and presenting issues and solutions to senior management.


• Cultivate strong interpersonal and communication skills for domain learning.


• Apply analytical thinking and problem-solving skills to challenges.


• Understand product lifecycle and area product management.


• Collaborate across teams to drive process improvements and operational excellence.


• Exhibit adaptability and leadership in a dynamic, fast-paced environment

ABOUT US

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About The Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.