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Lending Services Transaction Coordination Associate

JPMorganChase

JPMorganChase

London, UK · London, ON, Canada
Posted on Friday, June 28, 2024

Job Description

Are you enthusiastic about transaction coordination and are motivated by tight deadlines? Join our Lending Services team and utilise your skills!

As a Lending Services Transaction Coordination Associate within the Loan Transaction Coordination Team, you will be part of a dynamic, deadline-managed environment. You will work closely with the JPM origination businesses, ensuring that all necessary information is reviewed for operational feasibility and optimal execution. You will partner with various internal and external parties, including but not limited to, Debt Capital Markets (DCM), Credit Risk, Loan and Agency Services, Legal, as well as JPM Borrowers and Lender Clients. You will also interact with counterparts internationally on cross-border transactions, originating out of EMEA. We operate in a control-focused environment ensuring that new loan agreements and amendments are viable from an operational standpoint and in line with JPM’s preferred language, recorded accurately, and any exceptions are managed accordingly.

Job responsibilities

  • Maintains and reviews credit agreement terms across loan structures to ensure JPM standards are followed and track points of contention and drivers to identify market trends and document JPM preferences
  • Reviews, advises, and escalates on product related terms to ensure operational feasibility (currency, pricing, timings, structure, etc.)
  • Advises and provides expertise across operations on Credit Agreement provision impacts to workflow
  • Builds and maintains relationships with Debt Capital Markets leadership to continue to build on industry leading execution model
  • Undertakes all necessary coordination tasks to provide a seamless, support process for the delivery of KYC for Lenders, Borrowers and Guarantors across the client relationship lifecycle
  • Reviews Credit Agreements to identify critical entity information to be communicated to the KYC teams to support the KYC process
  • Tracks and monitors each request from inception to completion working to time-critical delivery deadlines
  • Establishes and reports relevant metrics to the WLS Management Team and external stakeholders
  • Partners across Legal, Business, and Operations departments to resolve problems and recommend enhancements to existing processes, as appropriate
  • Maintains accurate process and procedure documentation in a timely manner
  • Takes the lead or, where needed, participates in projects and act as subject matter expert in working groups across the Firm to enhance process efficiency

Required qualifications, capabilities, and skills

  • A proven ability to review legal loan documentation (e.g., Credit Agreements, Term Sheets, Amendments, A&R Credit Agreements, Waivers, and Fee Letters) to identify critical KYC information
  • An understanding of Corporate KYC requirements across the UK, EU and other EMEA jurisdictions
  • Able to manage and coordinate complex workflow across multiple teams, communicate effectively across the business and complete assignments accurately and within designated, often pressurised, time frames
  • The ability to operate in a challenging and rapidly changing environment with a desire to accept new assignments and the ability to learn new principles and dynamic systems quickly
  • Critical decision-making abilities including the ability to independently identify, escalate, and propose solutions to problems
  • A proven track record of leading initiatives, hitting milestones, and succeeding in a team environment
  • A proven ability to collaborate with team members and senior management across and within the lines of business with a keen attention to detail
  • Strong oral and written communication skills
  • Lead by example; set high standards of performance for self and others

Preferred qualifications, capabilities, and skills

  • Experience in a loan operations / transaction management especially in the origination space, including knowledge of the loan product and syndicated loan business, and an understanding of Credit Agreements