US Job Requisition on Responsive UI - LaksTest

As a Client Processing Specialist, you'll provide operational support to the Investment Bank for syndicated credit structures agented by JPMorgan or bilateral loans extended to a borrower solely by JPMorgan. This position is responsible for administering a portfolio of approximately 30-40 syndicated accounts. You'll have direct contact with borrowers, lenders, and business partners while performing loan servicing facets.

Essential Responsibilities:

• Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements
• Calculate and track complex interest and fee accruals at various rate levels across changing lender distributions
• Reconcile daily funding and payment activity to account for all daily cash transactions
• Read and interpret complex legal credit agreements and related documentation, working with attorneys when applicable
• Initiate and reconcile automated funds' movements in accordance with client/lender instructions
• Monitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provides clients timely and accurate invoices
• Maintenance of margin changes and proper communication to bank group
• Provide information as requested by clients, business partners, middle office or lenders
• 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

Qualifications:

• Minimum undergraduate degree from an accredited university, preferably majoring in accounting, finance, economics or math. Related job and industry experience can be accepted as a substitute (2+ years)
• 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
• Loan experience or loan operations is a plus