Commercial Banking - Wholesale Lending Services Middle Office (Loan Agency & Trading Services) - Associate
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Job Description
Position Overview
APAC Wholesale Lending Services Middle Office (WLS MO) provides end to end execution on lending services and processes to multiple line of business across Commercial Banking and Corporate Investment Banking. Services provided include loan origination, loan agency, loan servicing and secondary loan trading support. Services are tailored to the needs of clients and line of business, ranging from bilateral to syndication.
A role has become available in Loan Agency Services (LAS) & Secondary Loan Trading Middle Office (SLTMO). This is a double hatted role where the employee has varied learning & growing opportunities.
Core Responsibilities
Loan Agency Services (LAS)
- Monitoring & managing deal pipeline; liaising with Deal originators/structurers/arrangers/bankers and lawyers (internal & external) in lead-up to signing of new syndicated loan facility
- Interpreting & reviewing documentation to ensure operational feasibility and negotiating with deal originators/lawyers
- Working with internal teams on the setup requirements in the credit & booking systems
- Ensuring Conditions Precedent are satisfied in partnership with counsel and deal team
- Maintaining Ongoing client/ syndicate transactions including query management and conduit for all payment and correspondences
- Managing loan transfers between lenders, handling waiver and amendment requests, tracking and distributing financial covenants
Secondary Loan Trading Middle Office (SLTMO)
- Drafting & management of Non-Disclosure Agreements
- Managing information flow within the organization and with external buyers/sellers
- Ensuring accurate capture of trade details in the booking systems
- Preparing LMA/LSTA trade documentation such as Trade Confirmation, Transfer Certificate
- Coordinating settlement efforts with relevant parties (buyer, seller, agent & internal settlement teams)
- Monitoring Trade Settlement status & trade pipeline management
Common
- Owning, resolving, escalating exceptions & managing KPIs
- Following best practice and procedure to ensure no control breaches
- Establishing & nurturing partnerships with key stakeholder as well as teams in several areas of the bank in different capacities
- Maintaining quality measures and standards at all times to ensure client service standards are met
- Participating and/or leading local/regional/global projects with a view to ensure increase efficiency, controls & streamline processes
RequiredQualifications
- Minimum of Bachelors degree
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- Minimum 3 years relevant work experience in syndicated loan or equivalent
- Knowledge of APLMA/LMA documentation is preferred & advantageous
- Knowledge of loan transfer documentation and loan settlements preferred
- Knowledge of Loan IQ is advantageous
- Excellent communication and relationship/partnership-building skills both with team members as well as other business partners. Ability to interact confidently with all levels of stakeholders
- Strong attention to detail with a control and cost discipline mindset, takes ownership and is accountable for area of responsibility
- Strong decision-making capabilities and the ability to identify problems and propose solutions
- Exhibits initiative to raise issues to appropriate/relevant parties when needed
- Proactive/self-starter with the ability to deliver value-added support to business partners in a dependable, timely and accurate manner
- Strong influencing skills and the ability to build relationships with team members and stakeholders
- Demonstrates flexibility and willingness to accept new assignments and challenges in a rapidly changing environment
- Good level of awareness in Corporate Banking and its products.
- Strong PC skills in Microsoft Suite (e.g. Word, Excel, PowerPoint, Visio). Ability to use web-based technology effectively
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About Company
JP Morgan Chase is a global financial services provider that offers investment banking, asset management, treasury, and other services.
Important dates & deadlines?
Application Deadline
20 Mar 23, 06:48 AM IST
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