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 focus on teamwork and diversity in the workplace.
- Why this job: Make an impact in a dynamic trading environment with top-tier professionals.
- Qualifications: Experience in syndicated loans and proficiency in Microsoft Office.
The predicted salary is between 60000 - 80000 £ 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 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, which encourages collaboration and innovation while providing access to extensive training and development opportunities. Join us in London, where you can thrive in a fast-paced financial services landscape, working alongside industry leaders to make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Trading Services Specialist Loan Documentation - Vice President
✨Tip Number 1
Network like a pro! Reach out to current employees at JPMorgan Chase on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of LMA Standard Terms & Conditions. Show us that you know your stuff and can handle the nitty-gritty of loan documentation with confidence!
✨Tip Number 3
Practice your communication skills! Since you'll be working closely with traders and clients, being able to articulate your thoughts clearly is key. Try mock interviews with friends or use online resources to sharpen those skills.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you're serious about joining the team!
We think you need these skills to ace Trading Services Specialist Loan Documentation - Vice President
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Trading Services Specialist role. Highlight your experience with syndicated loans and any relevant software like LoanIQ or ClearPar. We want to see how your skills match 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 background aligns with our needs. Don’t forget to mention your knowledge of LMA Standard Terms & Conditions – it’s a big plus for us!
Showcase Your Communication Skills:Since excellent communication is key in this role, make sure your application reflects that. Use clear and concise language, and don’t shy away from demonstrating your analytical thinking. We love seeing candidates who can articulate their thoughts well!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Fairygodboss
✨Know Your Stuff
Make sure you brush up on the LMA Standard Terms & Conditions and other industry standards. Being able to discuss these confidently will show that you're not just familiar with the documentation but also understand its implications in the trading process.
✨Build Relationships
Since this role involves working closely with traders, clients, and legal counsel, think about how you can demonstrate your ability to establish strong working relationships. Prepare examples of past experiences where you've successfully collaborated with various stakeholders.
✨Showcase Your Analytical Skills
Be ready to discuss how you've used your analytical and critical thinking skills in previous roles. You might be asked to solve a hypothetical problem during the interview, so practice articulating your thought process clearly and logically.
✨Prepare for Technical Questions
Expect questions related to loan-based software like LoanIQ or ClearPar. Familiarise yourself with these tools and be prepared to explain how you've used them in your previous work. This will demonstrate your technical proficiency and readiness for the role.
