What are the responsibilities and job description for the Portfolio Finance Loan Associate position at JPMorgan Chase?
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| As a Portfolio Finance Loan Associate within the Custom Financing Support team, you will be responsible for providing Middle Office (MO) and Loan Servicing support to the Portfolio Financing desk to facilitate their lending business. Your role will involve coordinating with various departments such as Structuring, Credit, Product Control, Finance, and other Wholesale Lending Services groups within Structured Finance. You will be dealing with specialized loans issued by JP Morgan Chase, aimed at providing liquidity to investment banking clients for funding purchases of debt and equity interest in middle market companies. |
Job responsibilities
- Serve as primary Middle Office resource supporting all structured lending transactions entered into by the Portfolio Financing desk.
- Coordinate communications between structuring, the trading desk, Credit Risk, and operational stakeholder groups in order to close new structured finance transactions.
- Perform loan servicing responsibilities relating to all Portfolio Finance loan products including, but not limited to, processing of advances, paydowns and calculation of interest.
- Assist the Front Office in management of deal lifecycle activities (drawings, distributions, waterfalls, etc.) by running hypothetical scenarios based on client requests to ensure compliance with the deal triggers.
- Perform ongoing monitoring of structured finance deal triggers and compliance conditions including Market Value triggers, Portfolio value, Concentration limits, and Borrowing Base tests
- Serve as primary point of contact for client inquiries for the firm’s buy-side customers, including hedge funds and asset managers.
- Work with Product Control teams to ensure accuracy in the desk’s P&L related to the structured financing product.
Required qualifications, capabilities, and skills
- 2 years of experience in financial operations
- Bachelor's degree in Finance or Business (or equivalent experience)
- Excellent communication and interpersonal skills
- Demonstrated leadership abilities and strong teamwork skills
- Detail orientated individual that can work effectively under pressure
- Ability to multi-task and prioritize workload
- Strong problem solving, decision making, and analytical skills
- Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)
Preferred qualifications, capabilities, and skills
- Prior knowledge of loan product or trading operations
- Experience in calculating borrowing bases
- Prior knowledge of accrual basis accounting
- Experience with Loan IQ
Work schedule
- This hybrid role requires going into the office three days a week with two days' flexibility to work from home, subject to change
This position is not eligible for H1B or Sponsorship
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