JP Morgan Chase & Co.

Credit Support Specialist, Analyst

JP Morgan Chase & Co.$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • College degree or equivalent experience
  • 4+ years in commercial loan operations or credit/lending
  • Familiarity with commercial loan documentation
  • Understanding of commercial credit products
  • Proficient in credit and commercial loan systems
  • Strong verbal, written and organizational skills
  • Ability to manage details and prioritize tasks in a team environment

Responsibilities

  • Coordinate commercial document preparation via HotDocs
  • Collaborate with Underwriter and outside counsel to prepare documents
  • Review and ensure accuracy of loan agreements and security documents
  • Facilitate obtaining third-party vendor work for loan processes
  • Ensure completeness of loan packages for WLS submission
  • Route documentation for loan booking and funding
  • Follow up on documentation exceptions with stakeholders

Benefits

  • Access to industry-leading investment management and private banking solutions
  • Opportunities for continuous learning and professional growth
  • Work in a collaborative team environment focused on achieving client goals
  • Engagement with high-profile clients and financial institutions
  • Being part of a globally recognized firm with a strong market presence
Full 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.

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 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.

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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