Home
/
Comprehensive
/
Commercial Loan Servicing Associate
Commercial Loan Servicing Associate-May 2024
Chicago
May 13, 2026
About Commercial Loan Servicing Associate

  Join the firm that FORTUNE has named one of the top five "World's Most Admired Companies," and named the most admired megabank for the seventh consecutive year.

  As a Loan Servicing Associate within the Commercial Bank, you will support the largest and most sophisticated corporate loan transactions in the market. You primarily provide operational support for syndicated credit structures agented by JPMorgan or bilateral loans extended to a borrower solely by JPMorgan. This is a client facing role with direct contact with borrowers, lenders, and business partners while performing loan servicing facets.

  Job Responsibilities:

  Initiate loan activity and reconcile funds movement as instructed by the client in accordance with credit agreements

  Track and calculate complex interest and fee accruals at various rate levels

  Reconcile daily funding and payment activity to account for all daily cash transactions

  Interpret complex legal credit agreements and related documentation

  Manage and escalate past due principal, interest, and fees

  Maintain accuracy within the loan accounting platform in order to provide timely invoices

  Maintain margin changes and appropriate communication to participating external banking groups

  Provide information as requested by clients, business partners, middle office, or lenders

  Monitor exception reports and updating applicable comments

  Review new deals, restructures, and amendments by also verifying system accuracy

  Required Qualifications, Capabilities, and Skills

  2 years of related industry experience and/or account management

  Strong knowledge of JPMorgan or Treasury bank funding fundamentals, including initiating or processing incoming or outgoing funds or wires

  Client facing and account management experience

  Experience with reading and interpreting loan documentation

  Excellent oral and written communications skills along with strong interpersonal & client servicing skills

  Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)

  Ability to manage concurrent assignments in an effective, efficient, and organized manner

  Ability to work independently and partner well within a team environment

  Strong analytical, problem solving and proven decision-making skills

  Preferred Qualifications, Capabilities, and Skills

  Bachelor's Degree

  Knowledge and familiarity with managing a portfolio of 30+ multicurrency syndicated deals.

  Understanding of Revolver and Term loan pricing options

  Knowledge or familiarity with currency payments using SWIFT MT202's and MT103 payment formatting

  LOANIQ experience

  Knowledge navigating payments, reconciliation and exception management within JP Morgan proprietary platforms

  Work schedule

  This hybrid role requires going into the office three days a week with two days' flexibility to work from home, subject to changeJPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

  We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

  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. Visit our FAQs for more information about requesting an accommodation.

  JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans

Comments
Welcome to zdrecruit comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
SIMILAR JOBS
Retail Key Holder-WILLOW LAKES PLAZA
Retail Key Holder-WILLOW LAKES PLAZA Brand: Bath & Body Works Location: Goshen, IN, US Location Type: On-site Job ID: 041EG Job Area: Store: Sales and Support Associate Employment type: Part-time
Clinical Assistant - Colon & Rectal Surgery Associates
Description Be the Difference! Are you looking to take that next step in your healthcare career where you can make an impact and Be the Difference to patients, their families, and the community? Then
Vetco Veterinary Assistant (Training Provided)
Create a healthier, brighter future for pets, pet parents and people! If you want to make a real difference, create an exciting career path, feel welcome to be your whole self and nurture your wellbe
Route Service Sales Representative (4-Day Workweek)
Requisition Number: 163587 Job Description Cintas is seeking a Route Service Sales Representative (4-Day Workweek) to manage and grow customer accounts in the Rental Division. Route Service Sales Rep
Registered Nurse Long Term Care
Villa RN Rehab/ LTCRN- PRN, Part Time, Full Time Benefited Night Shift (LTC) The Villa Team has openings for an energetic, team oriented and self directed RN to join our day or night shift team in Re
Assoc Tissue Processor
Applies skill and dexterity in the preparation of raw tissue materials for the manufacturing process, in keeping with regulatory and company guidelines Key Responsibilities: • Identify portions of ti
Clinical Research Coordinator
Description Join as a Clinical Research Coordinator, managing pivotal phases of clinical research activities from design to closeout. Responsibilities include implementing research activities, ensuri
Clinical Research Coordinator
Company : Allegheny Health Network Job Description : GENERAL OVERVIEW: This job plans, coordinates, and manages the activities associated with the initiation and completion of clinical trials, sponso
barista - Store# 10530, 216 W MANSON HWY- CHELAN, WA
Join us and inspire with every cup! At Starbucks, it’s all about connection. People are at the heart of who we are, especially the people that are a part of our store team. We connect with each other
Respiratory Therapy Apprentice- Twin Falls (Full Time, Day Shift)
Overview Come Join a team of hard working,compassionate, and experienced Respiratory Therapist - RRT team at St. Luke’s Health System in Twin Falls! Schedule : Day shift: 6am-6pm 3, 12 hour shifts Se
Copyright 2023-2026 - www.zdrecruit.com All Rights Reserved