Wholesale Lending Services Middle Office (WLS MO)
Wholesale Lending Services (WLS) supports clients in Corporate & Investment Bank; Asset Management Commercial Banking and Business Banking. The group consists of approximately 2,200 employees and is responsible for 300,000 loans in excess of $500 billion. Wholesale Lending Services Middle Office (WLS MO) is part of WLS and provides global end-to-end loan origination, servicing, restructuring and trading support. Services are tailored to the needs of the client and lines of business, ranging from bilateral to large syndicated loan agreements. Services provided include Loan Origination; Deal Closing & Funding; Documentation Review; Core Loan Servicing; Loan Closing & Trade Settlement.
Within WLS MO the following 2 roles have become available:
- EMEA Origination Support -Transaction Coordination - Vice President - Team Manager
- EMEA Origination Support -Transaction Coordination - Vice President
Loan Transaction Coordination, as a team within WLS, is responsible for coordinating complex syndicated and bilateral loans for the Corporate & Investment Banking, Corporate and Commercial Banking and Trade Finance. The team works closely with the JPM origination businesses, ensuring that all necessary information is reviewed for operational feasibility and optimal execution. The team partners with various internal and external parties, including but not limited to, Lev Fin, Debt Capital Markets (DCM), Credit Risk, Loan and Agency Services, Legal, as well as JPM Borrowers and Lender Clients. The team also interacts with counterparts internationally on cross-border transactions, originating out of EMEA.
We operate in a control-focused environment ensuring that new loan agreements and amendments are viable from an operational standpoint and in line with JPM’s preferred language, recorded accurately, and any exceptions are managed accordingly.
EMEA Origination Support -Transaction Coordination - Vice President - Team Manager
Primary responsibilities:
- Manage a sub team of transaction Coordinators – responsible for recruitment & performance management of the sub team.
- Foster a collaborative and inclusive environment that supports growth and development of the team.
- Train junior associates.
- Present MIS to group and senior management.
- Take the lead or, where needed, participate in projects and act as subject matter expert in working groups across the Firm to enhance process efficiency.
- Conduct and oversee end to end process reviews of key operational process, undertake root cause analysis with follow up of preventive actions/ process changes.
- Ability to interpret credit agreements and related documentation for operational feasibility, optimal execution mechanics, regulatory requirements, and mitigation of operational risk.
- Review and advise on funding mechanics and operational requirements as it pertains to internal booking locations, regional and currency policies.
- Represent the organisation to business stakeholders across the Bank as well as functional partners (e.g. Credit Risk, Product Controllers, Treasury).
- Partner with Closing, Agency, and Trading teams to ensure a cohesive and performing broader loan middle office operation.
EMEA Origination Support - Transaction Coordination - Vice President
Primary responsibilities:
- Present MIS to group and senior management.
- Take the lead or, where needed, participate in projects and act as subject matter expert in working groups across the Firm to enhance process efficiency.
- Conduct and oversee end to end process reviews of key operational process, undertake root cause analysis with follow up of preventive actions/ process changes.
- Ability to interpret credit agreements and related documentation for operational feasibility, optimal execution mechanics, regulatory requirements, and mitigation of operational risk.
- Review and advise on funding mechanics and operational requirements as it pertains to internal booking locations, regional and currency policies.
- Represent the organisation to business stakeholders across the Bank as well as functional partners (e.g. Credit Risk, Product Controllers, Treasury).
- Partner with Closing, Agency, and Trading teams to ensure a cohesive and performing broader loan middle office operation.
Key Skills:
- Solid experience in managing teams (Mandatory skill for Team Manager role).
- Lead by example; set high standards of performance for self and others.
- Flexible communication style with ability to engage at a senior level, including strong influencing, negotiation, persuasion and collaboration skills.
- Proven ability to collaborate with team members and senior management across and within the lines of business with a keen attention to detail.
- Proven track record of leading initiatives, hitting milestones, and succeeding in a team environment.
- Understand and prioritize technology enhancements as an advocate for the coordination team.
- Knowledge of the loan product / Syndicated Loan business, including an understanding of a Credit Agreement, loan funding mechanics, complex deal structure, ticking fees, funds flows, etc.
- Develop effective presentations & project update material suitable for stakeholders & business partners regarding overall project progress and recommendations / decisions.
- Coordinate and lead meetings, host sub group meetings, establish agendas, produce minutes, establish scorecards, and ongoing status reports.
- Ability to operate in a challenging and rapidly changing environment with a desire to accept new assignments and the ability to learn new principles and dynamic systems quickly.
- Critical decision-making abilities including the ability to independently identify, escalate, and propose solutions to problems.