At a Glance
- Tasks: Support secondary trade closing for loans, claims, equity, and bonds.
- Company: Join JPMorgan Chase, a leader in financial services with a focus on inclusivity.
- Benefits: Career growth opportunities, competitive salary, and a supportive team environment.
- Other info: Dynamic role with opportunities to collaborate across various business lines.
- Why this job: Make an impact in the fast-paced world of trading and finance.
- Qualifications: Strong communication skills and knowledge of loan documentation required.
The predicted salary is between 50000 - 70000 € 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 Associate 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:
- Have extensive 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 escalate 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:
- 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.
Trading Services Specialist Loan Documentation Associate in London employer: Jpmorgan Chase & Co.
At JPMorgan Chase, we are committed to fostering a dynamic work environment that champions diversity and teamwork, making it an exceptional place for career advancement. As a Trading Services Specialist Loan Documentation Associate, you will benefit from our inclusive culture, extensive training opportunities, and the chance to collaborate with industry leaders in the heart of the financial sector. Join us to not only enhance your professional skills but also to be part of a team that values your unique contributions and supports your growth in the fast-paced world of corporate finance.
StudySmarter Expert Advice🤫
We think this is how you could land Trading Services Specialist Loan Documentation Associate in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those at JPMorgan Chase. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of LMA Standard Terms & Conditions. Being able to discuss these confidently will show you're serious about the role and ready to hit the ground running.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've tackled complex problems in past roles. This will help you stand out as someone who can handle the demands of the Trading Services Specialist position.
✨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 you're keen on joining our team!
We think you need these skills to ace Trading Services Specialist Loan Documentation Associate in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Trading Services Specialist role. Highlight your knowledge of LMA Standard Terms & Conditions and any relevant software experience to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a perfect fit for our team at JPMorgan Chase.
Showcase Your Communication Skills:Since excellent communication is key in this role, make sure your application is clear and concise. Use professional language but let your personality shine through – we want to see the real you!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at Jpmorgan Chase & Co.
✨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 well-prepared and understand the role inside out.
✨Showcase Your Communication Skills
Since this role involves working with various stakeholders, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated in past roles, especially in high-pressure situations.
✨Demonstrate Analytical Thinking
Be ready to discuss how you've approached complex problems in the past. Think of specific instances where your analytical skills made a difference, particularly in loan documentation or trading scenarios.
✨Build Rapport
During the interview, focus on establishing a connection with your interviewers. Ask insightful questions about their experiences at JPMorgan Chase and express genuine interest in the team culture and collaboration.
