Deal Closing Externally Agented Team Leader

Year    Bangalore, Karnataka, India

Job Description


:The Deal Closer, you\'ll provide operational support to the Commercial & Investment Bank for syndicated credit structures where JPMorgan is a Lending Bank. You are responsible for entire post-origination cycle which involves gathering the credit and regulatory and compliance requirements and subsequent detailed review of the credit agreement followed by set up of the Credits in firms Book Keeping SystemJob SummaryAs a Deal Closer within the Commercial & Investment Bank, you will provide operational support for syndicated credit structures where JPMorgan is a Lending Bank. Your responsibilities will encompass the entire post-origination cycle, which includes gathering credit, regulatory, and compliance requirements. You will also conduct a detailed review of the credit agreement, set up the credits in the firm\'s Book Keeping System, and hand over the credits to the Loan Servicing Team. In this role, you will have direct contact with Agents, Borrowers, and Business Partners while performing Loan Closing duties.Job Responsibilities:

  • Read and interpret complex legal credit agreements and related documentation, working with attorneys when applicable
  • Negotiating with customers, bankers, underwriters and legal counsel on legal and policy components of loan documents
  • Reviewing case and documentation summaries prepared by analysts
  • Initiate credit set up as per credit agreements and loan activity (fundings, payments) as instructed by the Agent in accordance with credit agreements
  • Initiate and reconcile automated funds\' movements in accordance with client/agent instructions
  • Regularly updating closing database to reflect closing status and assisting in the creation of departmental procedures.
  • Provide information as requested by agent, business partners, middle office
  • Monitor control reports and update applicable comments
  • Participate in system testing as needed, which may occur during non-business hours
  • Assist with any administrative tasks associated with the terms of a Credit Agreement
  • Perform quality control on new deals, restructures, and amendments by thoroughly understanding the credit agreement and verifying system set up accuracy
  • Back up co-workers and work with various special projects or other tasks as assigned
Required Qualifications, Skills and Capabilities
  • Minimum Graduate Degree from an accredited university, majoring in accounting, finance, economics or math. Related job and industry experience can be accepted as a substitute (4+ years)
  • Minimum 4 Years of Loans/Syndicated Loans experience or loan operations (LoanIQ Experience)
  • General to intermediate accounting knowledge
  • Ability to manage concurrent assignments in an effective, efficient, and organized manner
  • Ability to work independently within a team environment
  • Excellent oral and written communications skills and strong interpersonal/client servicing skills
  • Strong analytical, problem solving, and proven decision-making skills
  • Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)
  • Experience with reading and interpreting loan documentation or related experience dealing with legal documentation is preferred. Multicurrency loan products and intricate pricing knowledge.
  • Should be comfortable for Night shifts
About Us: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. We also make reasonable accommodations for applicants\' and employees\' religious practices and beliefs, as well as mental health or physical disability needs. Visit our for more information about requesting an accommodation.About the Team:Commercial Banking is focused on helping our clients succeed and making a positive difference in our communities. We provide credit and financing, treasury and payment services, international banking and real estate services to clients including corporations, municipalities, institutions, real estate investors and owners, and nonprofit organizations.Operations teams develop and manage innovative, secure service solutions to meet clients\' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.

JPMorgan Chase

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Job Detail

  • Job Id
    JD3341820
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year