JPMorgan Chase Fund Services - Bank Loans Administration in Brooklyn, New York

Responsibilities:

  • Bank Loan Servicing:

  • Paydowns/Drawdowns

  • Interest rate resets

  • PIK interest calculations

  • Delayed Comp accruals / calculations

  • Trade settlements / wire processing

  • General Operations:

  • Position break resolution with offshore team

  • Cash break research / resolution with offshore team

  • P&L review / reconciliation with client

  • Audit requests (client and internal)

  • Operational Controls & Procedures:

  • Ensure all scheduled work is completed by agreed deadlines, checklists are signed and files contain all required documentation

  • Ensure that all controls and procedures outlined in the procedures manual and general company policies are complied with across all groups

  • Create, maintain and update procedures for client specific deliverables

  • On-going review of daily controls and communication of any new training or procedural changes to your team

  • Client Interaction:

  • Develop a thorough knowledge of our client base and building relationships with Investment Managers and other related third parties

  • Work closely with new business team and client through on-boarding process

  • Work closely with your clients to resolve queries and providing first level account service

Qualifications:

  • Bachelor degree required; preferably Finance, Accounting, or Economics

  • Thorough knowledge of the Bank Debt asset class, including Primary and Secondary market trading; some exposure to loan closing is preferred

  • Superior interpersonal skills

  • Excellent client service orientation and proven ability to deal with demanding clients

  • Ability to lead and manage high performing teams

  • Strategic thinker with proven track record

Requirements:

  • 2-4 years of direct Bank Debt / Leveraged Loan operations experience; exposure to Distressed loans is preferred but not required

  • Knowledge of LSTA/LMA standard docs, and exposure to EUR/Aussie Loans a plus

  • Knowledge of Advent Geneva is required; exposure to Wall Street Office, ClearPar, Bloomberg is a plus

  • Knowledge of investment vehicles related to Bank Debt (CLOs, private equity funds, etc) is a plus

  • Strong understand of accounting principles, specifically how Bank Debt transactions impact financial statements

  • Strong analytical skills

  • Superior communication skills

Responsibilities:

  • Bank Loan Servicing:

  • Paydowns/Drawdowns

  • Interest rate resets

  • PIK interest calculations

  • Delayed Comp accruals / calculations

  • Trade settlements / wire processing

  • General Operations:

  • Position break resolution with offshore team

  • Cash break research / resolution with offshore team

  • P&L review / reconciliation with client

  • Audit requests (client and internal)

  • Operational Controls & Procedures:

  • Ensure all scheduled work is completed by agreed deadlines, checklists are signed and files contain all required documentation

  • Ensure that all controls and procedures outlined in the procedures manual and general company policies are complied with across all groups

  • Create, maintain and update procedures for client specific deliverables

  • On-going review of daily controls and communication of any new training or procedural changes to your team

  • Client Interaction:

  • Develop a thorough knowledge of our client base and building relationships with Investment Managers and other related third parties

  • Work closely with new business team and client through on-boarding process

  • Work closely with your clients to resolve queries and providing first level account service

Qualifications:

  • Bachelor degree required; preferably Finance, Accounting, or Economics

  • Thorough knowledge of the Bank Debt asset class, including Primary and Secondary market trading; some exposure to loan closing is preferred

  • Superior interpersonal skills

  • Excellent client service orientation and proven ability to deal with demanding clients

  • Ability to lead and manage high performing teams

  • Strategic thinker with proven track record

Requirements:

  • 2-4 years of direct Bank Debt / Leveraged Loan operations experience; exposure to Distressed loans is preferred but not required

  • Knowledge of LSTA/LMA standard docs, and exposure to EUR/Aussie Loans a plus

  • Knowledge of Advent Geneva is required; exposure to Wall Street Office, ClearPar, Bloomberg is a plus

  • Knowledge of investment vehicles related to Bank Debt (CLOs, private equity funds, etc) is a plus

  • Strong understand of accounting principles, specifically how Bank Debt transactions impact financial statements

  • Strong analytical skills

  • Superior communication skills

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.