Credit Support Specialist, Analyst

JPMorganChase; San Francisco (CA); On-site; USD 120,000 - 160,000; Full time

Job summary

JPMorganChase is recruiting a Credit Support Specialist in San Francisco to coordinate loan document preparation, booking, funding, and collateral release with the market, underwriters, and WLS teams.

The role requires a college degree and 4+ years in commercial loan operations or a credit environment, with strong attention to detail and excellent communication skills.

Qualifications

• College degree or equivalent experience.
• Minimum of 4 years' experience in commercial loan operations or a credit/lending environment.
• Knowledge of commercial loan documentation: loan agreements, notes, guaranties, and security documents.
• Knowledge of commercial credit products.
• Knowledge of credit and commercial loan systems.
• Detail oriented with ability to multi task and prioritize in a team-based environment.
• Good verbal and written communication and strong organizational skills.

Responsibilities

• Coordinate commercial document preparation using HotDocs and work with Underwriter and outside counsel.
• Review loan documents for accuracy and agreement with approved terms.
• Coordinate with partners for third-party vendor work (flood zone, title, insurance, UCC searches).
• Ensure completeness of loan package and forward to WLS partner.
• Route documentation to WLS for booking and funding and apply fees.
• Follow up with customers, Bankers, Underwriters and attorneys to clear documentation exceptions.
• Correct errors in onboarding credit facilities and manage collateral release modifications.

Skills

Verbal communication

Written communication

Organizational skills

Detail oriented

Multi-tasking

Team player

Education

College degree or equivalent experience

Tools

Loan systems

Job description

Job Description

The Credit Support Specialist coordinates activities between the market, the Underwriter, and other areas of Wholesale Lending Serves (WLS). Activities include the handling of executed commercial loan documentation, loan booking and funding, and collateral release amongst other activities.

Job Description

The Credit Support Specialist coordinates activities between the market, the Underwriter, and other areas of Wholesale Lending Serves (WLS). Activities include the handling of executed commercial loan documentation, loan booking and funding, and collateral release amongst other activities.

Commercial Loan Documents

• Coordinate all commercial document preparation activities through HotDocs
• Work jointly with Underwriter, coordinate document preparation activities involving outside counsel
• Review draft and executed loan documents such as loan agreement, notes, guaranties, and security documents for accuracy and agreement with approved terms
• Coordinate with WLS, outside counsel and the Real Estate Transaction Services team to obtain third-party vendor work such as flood zone certifications, title work, insurance certificates, and UCC searches
• Ensure completeness of loan package and forward to WLS partner

Post Closing Activities

• Route loan documentation to WLS partners for booking and funding
• Coordinate the application of fees collected in conjunction with closing and identify missing fees for follow-up with the market
• Follow up directly with customers, Bankers, Underwriters and attorneys to clear documentation exceptions
• Coordinate with WLS partners to correct any errors made in on-boarding credit facilities to the loan systems.
• Coordinate with WLS partners for the release, substitution or addition of collateral

Experience

• College degree or equivalent experience
• Minimum of 4 years' experience in commercial loan operations or a credit/lending environment
• Knowledge of commercial loan documentation. Ability to review commercial loan documents such as loan agreement, notes, guaranties, and security documents for accuracy and agreement with approved terms
• Knowledge of commercial credit products
• Knowledge of credit and commercial loan systems.
• Good verbal, written and organizational skills
• Detail oriented with ability to multi task and prioritize and work in a team based 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 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 Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.