Job Information
JPMorgan Chase Analyst - Global Fund Services Bank Loans in Plano, Texas
The team partners with various internal and external parties, including but not limited to, fund accounting, client services, fund managers, as well as agent banks.
Job responsibilities:
Basic understanding of all aspects of loan or deal administration functions (including all aspects of funding).
Oversight of bank loans life cycle events including paydown, drawdown, interest rate resets, payment-in-kind interest calculations, delayed compensation accruals / calculations and trade settlements
Develop a thorough knowledge of our client base and building relationships with Investment Managers and other related third parties. Work closely with your clients to resolve queries and providing first level account service
Create, maintain and update procedures for client specific deliverables
On-going review of daily controls and communication of any new training or procedural changes to the team; ensure that all controls and procedures outlined in the procedures manual and general company policies are complied with across all groups
Ensure all scheduled work is completed by agreed deadlines, checklists are signed and files contain all required documentation; work cooperatively and effectively with others to set goals, resolve problems and make decisions that enhance organizational effectiveness
Assist in testing and implementation of system enhancements as required
Required qualifications, capabilities, and skills:
Bachelor's degree, preferably Finance, Accounting, or Economics
Knowledge of the bank debt asset class, including primary and secondary market trading
Demonstrate ability to think analytically, logically and proactively identify issues and implement solutions
Excellent interpersonal skills and a strong customer service orientation
Strong organizational skills, concern for quality and accuracy, as well as meeting strict deadlines
A willingness to work hard and go beyond expectations
Preferred qualifications, capabilities, and skills:
Minimum one year of direct bank debt/leveraged loan operations experience; exposure to distressed loans and / or loan closing
Knowledge of LSTA/LMA standard documents, such as Trade Confirmations
Knowledge of financial data providers such as Bloomberg, ClearPar, and IHS Markit; investment vehicles related to bank debt (CLOs, private equity funds, etc.)
Strong understand of accounting principles, specifically how bank debt transactions impact financial statements
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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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 FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans