Loan Servicing Manager Associate

Year    Bangalore, Karnataka, India

Job Description


:The Loan Servicing Manager - Associate is a key position within the Loans group. You are expected to deliver on the specific tasks and requirements.Job SummaryAs a Loan Servicing Manager - Associate within our Loans group, you will have the opportunity to closely monitor and guide your team on a daily basis, ensuring all Service Level Agreements (SLAs) are met. You will supervise a variety of processes, including Deal Closing, Drawdowns, Rollovers, Repayments, Pre-payments, Funding, Rate-Fixings, Fees, and external payments. This role provides a unique opportunity to enhance your skills in managing Nostro & Past Due Reconciliation and to make a significant impact on our operations.Job Responsibilities

  • Closely monitor the team on day to day basis to ensure all SLA\'s are met and any exceptions are immediately escalated for resolution. Supervise a process which performs Deal Closing, processing Drawdowns, Rollovers, Repayments, Pre-payments, Funding, Rate-Fixings, Fees and external payments, collection of interest, Nostro & Past Due Reconciliation.
  • Support the secondary trading desk with Trade booking and settlements, Adherence to laid down QUALITY & QUANTITY SLA\'s are met. Ensure in place, a robust workflow allocation model
  • Be the SME - Handle complex Process related queries and clarifications from the Team members and route these to onshore teams for resolution if required.
  • Should have an eye for detail to ensure all documents are processed and reviewed correctly.
  • Implement a robust Knowledge Management model including maintenance of SOPs, process/policy change management, training of new joiners and ongoing training of existing Team.
  • Ensure timely escalation to the management as and when required, Drive 100% compliance to Process related Policies, Guidelines and Controls. Motivate and support the Team Members to meet their Goals and Objectives. Self-motivated and flexible with working hours. Identify HIPO\'s from immediate team and have well charted out plans for them in place, Identifying alternatives, options and different ways of looking at issues/problems and to seek alternative scenario\'s
  • Strong communication skills with the ability to communicate at all levels, Ability to identify changes to processes and procedures to improve productivity and efficiency
  • Working successfully with others, valuing and utilizing the different skills and experience of colleagues from across the organization, building interdependence to achieve shared objectives and goals
  • Experience in managing instances of individual performance and/or development improvement plans, Trainings: Identify process/soft skills based trainings to improve individual performances or as part of growth plans, Ensure learning plans are in place and that there are no breaches on mandatory/compliance training timelines
  • Back up/Team depth: Ensure backups/ team depth is on the high side with production backups identified & trained on critical work queues
  • Performance feedback: Ensure constructive performance feedback is passed on to the TM/OA layer each month with specific improvement areas documented & tracked to closure. Escalate where no improvement is noticed
Required Qualifications, skills and capabilities
  • Bachelor\'s degree with a minimum of 10-12 years of relevant loan servicing work in syndicated loans or experience in a back office/financial industry
  • You must have knowledge of loan systems like loan IQ
  • You must have knowledge of nostro/cash matching, General Ledger reconciliation and SWIFT and remittance systems
  • Strong problem solving and investigative skills to undertake analysis, resolve issues/problems related to the process
  • Strong risk & control mindset
  • Knowledge of investment banking products including Loans
  • Experience in driving small to medium sized projects with strong results
  • Strong people and performance management skills.
  • Strong escalation management skills
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
    JD3450293
  • 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