At a Glance
- Tasks: Support secondary trade closing for loans, claims, equity, and bonds.
- Company: Join J.P. Morgan, a global leader in financial services.
- Benefits: Inclusive culture, career growth, and diverse opportunities.
- Other info: Strong teamwork and communication skills are essential for success.
- Why this job: Make an impact in a dynamic trading environment with real-world assets.
- Qualifications: Experience in syndicated loans and proficiency in Microsoft Office.
The predicted salary is between 80000 - 100000 £ per year.
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 a Trading Services Specialist Loan Documentation - Vice President within the Loan Trading Documentation team, you will be responsible for secondary trade closing support for products including loans, claims, equity, bonds and other non‐standard assets. Wholesale Loan Middle Office is a part of Wholesale Lending Services that primarily supports the European Credit Trading, and Syndicated Leverage Finance businesses within the Corporate and Investment Bank.
Job responsibilities
- Stay updated with knowledge of LMA Standard Terms & Conditions and other industry standards, to draft, second-check work and execute trading documentation (and other ad hoc documentation) on behalf of JPMorgan Chase.
- Work with front office traders and sales coverage, clients, counsel and operations to settle secondary loans, claims, equity, bonds and other non‐standard asset trades.
- Establish and maintain strong working relationships with internal and external stakeholders.
- Manage a trade portfolio across various lines of business while maintaining a clean aging profile.
- Review Loan Market Association (LMA) standard documents and other legal documents including trade confirms, assignment agreements, proceeds letters, participation agreements, cash collateral agreements, multilateral agreements and other non‐standard documentation.
- Review credit agreements and other deal documentation, specifically assignability language.
- Identify and elevate issues to the front office trading assistants/traders/salespeople, in‐house legal counsel and management, when necessary.
- Prepare weekly reports to track the status of open items and measure risk.
Required qualifications, capabilities, and skills
- Syndicated loan experience.
- Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint).
- Excellent oral and written communication skills.
- Excellent analytical and critical thinking skills.
- Ability to take initiative and self‐motivate as well as work as part of a team.
- Extensive knowledge of loan‐based software (LoanIQ, ClearPar).
- Extensive experience with LMA standard documentation.
- Extensive knowledge of the LMA Standard Terms & Conditions.
- Extensive knowledge of the trade lifecycle and/or experience supporting a trading business.
- Extensive knowledge with loans, claims, equity, bonds and other non‐standard assets.
ABOUT US
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first‐class business in a first‐class way approach to serving clients drives everything we do. We strive to build trusted, long‐term partnerships to help our clients achieve their business objectives.
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.
ABOUT THE TEAM
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Trading Services Specialist Loan Documentation - Vice President in London employer: Fairygodboss
At JPMorgan Chase, we are committed to fostering a dynamic work environment that prioritises employee growth and inclusivity. As a Trading Services Specialist Loan Documentation - Vice President, you will benefit from our supportive culture, extensive training opportunities, and the chance to collaborate with industry leaders in a prestigious global financial institution. Join us in London, where your contributions will be valued, and your career can flourish in a diverse and innovative setting.
StudySmarter Expert Advice🤫
We think this is how you could land Trading Services Specialist Loan Documentation - Vice President in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant LinkedIn groups, and don’t be shy about reaching out to current employees at JPMorgan Chase. Building relationships can open doors that you didn’t even know existed.
✨Ace the Interview
Prepare for your interview by researching common questions for Trading Services Specialist roles. Practice your answers, focusing on your experience with loans and documentation. Remember, it’s not just about what you say, but how you present yourself—confidence is key!
✨Show Off Your Skills
When you get the chance, highlight your proficiency with Microsoft Office Suite and any loan-based software you’ve used. Bring examples of how you’ve successfully managed trade portfolios or resolved issues in past roles. This will show you’re ready to hit the ground running!
✨Apply Through Our Website
Don’t forget to apply directly through the JPMorgan Chase website! It’s the best way to ensure your application gets seen by the right people. Plus, you can tailor your application to match the job description perfectly, which always helps!
We think you need these skills to ace Trading Services Specialist Loan Documentation - Vice President in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Trading Services Specialist role. Highlight your experience with loan documentation and any relevant skills that match the job description. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Skills:Don’t forget to highlight your proficiency with Microsoft Office Suite and any loan-based software you’ve used. We’re keen on seeing your analytical and communication skills, so make sure they stand out in your application.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at Fairygodboss
✨Know Your Stuff
Make sure you brush up on your knowledge of LMA Standard Terms & Conditions and the trade lifecycle. Being able to discuss these topics confidently will show that you're not just familiar with the basics, but that you truly understand the nuances of the role.
✨Build Relationships
Since this role involves working closely with traders, clients, and legal counsel, think about how you can demonstrate your relationship-building skills. Prepare examples of how you've successfully collaborated with different stakeholders in the past.
✨Showcase Your Analytical Skills
Be ready to discuss specific instances where your analytical and critical thinking skills made a difference. Whether it was identifying issues in documentation or managing a trade portfolio, having concrete examples will help you stand out.
✨Practice Your Communication
Excellent oral and written communication skills are key for this position. Consider practising common interview questions and scenarios related to loan documentation. This will help you articulate your thoughts clearly and effectively during the interview.
