Credit Support Specialist, Commercial Loans & Documentation

J.P. Morgan; New York (NY); On-site; USD 95,000 - 130,000; Full time

Job summary

J.P. Morgan in New York seeks a Credit Support Specialist to coordinate activities between the market, the Underwriter, and Wholesale Lending Serves (WLS).

Responsibilities include handling executed commercial loan documentation, loan booking and funding, and collateral release. You'll prepare documents via HotDocs, work with outside counsel, review loan agreements for accuracy, and coordinate with vendors for flood zone, title, and insurance work.

Qualifications

• Minimum of 4 years of experience in commercial loan operations or a credit/lending environment.
• Knowledge of commercial loan documentation and the ability to review documents for accuracy against 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 in a team-based environment.

Responsibilities

• Coordinate all commercial document preparation activities through HotDocs.
• Work jointly with Underwriter and coordinate document prep involving outside counsel.
• Review draft and executed loan documents for accuracy and agreement with approved terms.
• Coordinate with WLS, outside counsel and Real Estate Transaction Services for third-party work (flood zone certifications, title work, insurance certificates, UCC searches).
• Ensure completeness of loan package and forward to WLS partner.
• Route loan documentation to WLS partners for booking and funding.
• Coordinate the application of fees and identify missing fees for follow-up with the market.
• Follow up with customers, Bankers, Underwriters and attorneys to clear documentation exceptions.
• Coordinate with WLS partners to correct errors in onboarding credit facilities and for collateral release/substitution.

Skills

Verbal communication

Written communication

Organizational skills

Attention to detail

Team collaboration

Multitasking

Education

College degree

Tools

Commercial loan systems

Job description

J.P. Morgan in New York seeks a Credit Support Specialist to coordinate activities between the market, the Underwriter, and Wholesale Lending Serves (WLS).

Responsibilities include handling executed commercial loan documentation, loan booking and funding, and collateral release. You'll prepare documents via HotDocs, work with outside counsel, review loan agreements for accuracy, and coordinate with vendors for flood zone, title, and insurance work.