Closing Coordinator

JPMorganChase; Chicago (IL); On-site; USD 65,000 - 90,000; Full time

Job summary

JPMorganChase is seeking a Loan Origination Specialist in Wholesale Loan Services to coordinate post-approval activities and ensure loans are closed and funded to meet client expectations. The role involves managing a commercial loan pipeline, reviewing documentation for regulatory compliance, and guiding funding mechanics.

Ideal candidates will have 2+ years in commercial loan products, strong communication skills, and excellent organizational abilities to manage competing priorities in a

Qualifications

• 2+ years of experience in commercial loan products and documentation.
• Strong oral and written communication skills.
• Detail-oriented with excellent attention to detail.
• Ability to multi-task with strong organizational and time management skills.

Responsibilities

• Manage and maintain an individual pipeline of active commercial loans.
• Collect and review legal loan documentation for operational feasibility and regulatory requirements.
• Review and advise on funding mechanics and operational requirements relating to products, process, and policies.
• Coordinate flow of post approval tasks from mandate to booking.

Skills

Communication

Attention to detail

Multi-tasking

Commercial loan experience

Education

Bachelor degree or equivalent

Job description

Job Description

Are you looking for an opportunity where you can grow and develop your skills?

Job Description

Are you looking for an opportunity where you can grow and develop your skills?

As a Loan Origination Specialist in Wholesale Loan Services, you will be responsible for coordinating the post approval activities with Credit Risk Officers/Bankers and other areas of Wholesale Loan Services to ensure all loans are closed and funded to meet our client's expectations.

Job Responsibilities

• Manage and maintain an individual pipeline of active commercial loans
• Collect and review legal loan documentation for operational feasibility, optimal execution mechanics, regulatory requirements, and mitigation of operational risk
• Review and advise on funding mechanics and operational requirements relating to products, process, and policies
• Coordinate flow of post approval tasks from mandate to booking

Required Qualifications, Capabilities, And Skills

• Strong oral and written communication skills
• Excellent attention to detail
• Ability to multi-task through the practice of strong organizational and time management skills
• Minimum of 2+years' experience in commercial loan products and documentation

Preferred Qualifications, Capabilities, And Skills

• College degree or equivalent work experience

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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.