CB - EMEA Traditional Credit Products Middle Office (TCP MO) – Deal Closer - Associate

JP Morgan

Location: Greater London

Job Type: Full time

Posted


Wholesale Lending Services Middle Office (WLS MO)

Wholesale Lending Services (WLS) supports clients in Business Banking, Commercial Banking, Asset Management and the Corporate & Investment Bank. The group consists of approximately 2,100 employees and is responsible for 350,000 loans in excess of $870 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 role has become available:

EMEA Traditional Credit Products Middle Office (TCP MO) – Deal Closer

The role primarily supports Debt Capital Markets (DCM – consisting of Leveraged Finance (LF) and Investment Grade (IG) Transactions), and Credit Risk for all syndicated deal originations and transactions. Also provides support for deal-related activity within Corporate & Investment Banking, Corporate and Commercial Banking and Trade Finance.

We operate in a control-focused environment ensuring that new loan agreements and amendments are operationally viable, recorded accurately, and any exceptions are managed accordingly.

Primary responsibilities:

  • Understand all aspects of deal/loan administration functions and tasks
  • Interpret credit agreements and related documentation
  • Construct bilateral and syndicated deal structures in loan platform (LIQ) including amending existing deal structures
  • Ensure that Credit and Operations systems are enriched with deal details, to a high degree of accuracy at all times
  • Ensure that deal revenue is booked and distributed correctly and at the appropriate time
  • Monitor recently signed deals for early-stage lifecycle events and action accordingly
  • Remain control focused, working accurately and in a timely manner to avoid control risk
  • Remain up to date with Accounting and Risk policies

Key Skills:

  • Strong analytical skills, demonstrating sound decision-making abilities to identify problems and propose solutions
  • Exhibit the initiative to raise issues to business partners and management when needed
  • Good interpersonal skills, interact professionally and confidently with senior deal team members within the Front Office
  • Ability to work in a team environment, remaining flexible and willing to accept new assignments and challenges in a rapidly changing environment whilst remaining control orientated
  • Think strategically and tactically to design process improvement ideas with the flexibility to adjust to new innovations, regulations, and priorities

Specific required experience:

  • Experience reading and interpreting LMA/LSTA loan documentation or related experience dealing with legal documentation a requirement
  • High degree of numeracy and aptitude for analytical examination of problems; attention to detail being paramount
  • Direct working knowledge of LIQ advantageous (specifically in the area of loan administration and deal building)
  • Basic knowledge of general ledger account structures
  • Ability to:
    • prioritise tasks appropriately, whilst operating within a fast-changing and high-pressured environment
    • communicate professionally and accurately in written and oral form
    • summarise issues succinctly and set out well thought-out solutions
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