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JPMorganChase
Loan Trading Documentation Trading Services AssociateJPMorganChase • London, England, UK
Loan Trading Documentation Trading Services Associate

Loan Trading Documentation Trading Services Associate

JPMorganChase • London, England, UK
1 day ago
Job type
  • Full-time
Job description

Description

Join a collaborative team where youll support trade operations manage priorities and grow your career.

As a Trading Services Associate within the Loan Trading Documentation team you will be responsible for secondary trade closing support. 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

  • Work with front office traders and sales coverage clients counsel and operations to settle secondary par loan trades
  • Establish and maintain strong working relationships with clients/counterparts
  • 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 and multilateral agreements
  • Review credit agreements specifically assignability language
  • Identify and escalate issues to the front office trading assistants/traders/salespeople in-house legal counsel and management when necessary
  • Prepare daily/weekly MIS reporting to track the status of open items and measure risk

Required qualifications capabilities and skills:

  • 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

Preferred qualifications capabilities and skills

  • Familiarity with loan-based software (LoanIQ ClearPar)
  • Experience with LMA standard documentation knowledge of the LMA Standard Terms and Conditions
  • Knowledge of the trade lifecycle and/or experience supporting a trading business
  • Familiarity with syndicated loans
  • Prior knowledge of loan products or trading operations





Required Experience:

IC


Employment Type : Full-Time
Department / Functional Area: Operations
Experience: years
Vacancy: 1

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Loan Trading Documentation Trading Services Associate • London, England, UK

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