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 the Trade Support Associate in Wholesale Lending Services you will be primarily supporting Global Credit Trading, Loan Total Return Swap and Syndicated Leverage Finance businesses within the Corporate and Investment Bank. This role sits within the Loan Trading Settlements team and will focus on the daily closure and settlement of these trades. Job responsibilities Prepare and execute trade settlement for various loan businesses within currency deadlines Review of all settlement documentation in accordance with the Loan Syndications and Trading Association (LSTA) and Loan Market Association (LMA) market standard terms and conditions Prepare complex pricing for Distressed loan settlements which may include PIK or other trades flat interest treatments Prepare pricing for Revolver facilities denominated in multiple currencies Assist Settlements manager with overriding exceptions in workflow tools as needed Maintain and investigate complex trade related exceptions, such as Trades Flat interest or other fee disbursements, as well as serve as a subject matter expert for others on the team Monitor general ledger activity related to trade settlement activity and be able to identify and respond on related items queried by Product Control or Finance Serve as a Team Lead when Settlements manager is out of office Communicate frequently with front office, documentation, and accounting and control teams as well as external counterparties Perform ad hoc projects as needed Required qualifications, capabilities, and skills Bachelor's degree in Finance or Business or relevant operations experience within Syndicated Loan Space Excellent communication and interpersonal skills Demonstrated leadership abilities and strong teamwork skills Risk and Control oriented mindset Detail orientated and able to multi-task Strong attention to detail Strong problem solving, decision making, and analytical skills Basic accounting knowledge Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint) Preferred qualifications, capabilities, and skills Familiarity with loan-based software (LoanIQ, ClearPar) Experience with LSTA/LMA standard documentation, knowledge of the LSTA/LMA Standard Terms and Conditions Knowledge of the trade lifecycle and/or experience supporting a trading business Deep understanding of syndicated loans Prior knowledge of loan products or trading operations
JPMorgan Chase & Co., 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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans
