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  • ID
    #8330288
  • Salary
    TBD
  • Source
    JPMorgan Chase
  • Date
    2021-01-19
  • Deadline
    2021-03-20

Vacancy expired!

The Credit Support Specialist coordinates activities between the market, the Underwriter, and other areas of Wholesale Lending Serves (WLS). Activities include the handling of executed commercial loan documentation, loan booking and funding, and collateral release amongst other activities.Pre-Closing RequirementsWork jointly with Underwriter, coordinate document preparation activities involving outside counsel

Review draft and executed loan documents such as loan agreement, notes, guaranties, and security documents for accuracy and agreement with approved terms

Submit new or modification requests for Internal DDA accounts

Coordinate with WLS, outside counsel and the Real Estate Transaction Services team to obtain third-party vendor work such as flood zone certifications, title work, insurance certificates, and UCC searches

Ensure completeness of loan package and forward to WLS partner

Complete hand-off to the Credit Proposal team to complete approvals to close

Post-Closing ActivitiesRoute loan documentation to WLS partners for booking and funding

Share executed documentation package with downstream WLS partners to setup on-going client monitoring and compliance

Coordinate payment of legal, field exam and appraisal invoices

Follow up directly with Credit Partners and attorneys to clear documentation exceptions

Coordinate with WLS partners to correct any errors made in on-boarding credit facilities to the loan systems.

Coordinate with WLS partners for the release, substitution or addition of collateral

Experience:College degree or equivalent experience

Minimum of 4 years' experience in commercial loan operations or a credit/lending environment

Knowledge of commercial loan documentation. Ability to review commercial loan documents such as loan agreement, notes, guaranties, and security documents for accuracy and agreement with approved terms

Knowledge of commercial credit products

Knowledge of credit and commercial loan systems.

Good verbal, written and organizational skills

Detail oriented with ability to multi task and prioritize and work in a team based environment

JPMorgan 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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.Equal Opportunity Employer/Disability/Veterans

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