Loan Origination Specialist III

Job information Loan Origination Specialist III from the Company JPMorgan Chase & Co, this latest Loan Origination Specialist III job vacancy is located in the city Chicago, IL (The Loop area). This latest job opening is open to job seekers who have the latest education / graduate . Job Vacancies in this Accounting field have been opened and published up to the specified time.

Job Description :

JOB DESCRIPTION

Job Description:

As a Loan Origination Specialist III on the Document Preparation (Doc Prep) Team, you will be responsible for performing due diligence through organizational, collateral and lien search information as well as creating legal documentation for new, renewed and modified bilateral commercial loan products for Middle Market. The team partners with internal legal on document customization as required. Key systems used within Doc Prep are Aurora, HotDocs and related third party sites.

Job Responsibilities:

• Interpret, understand, review, and prepare commercial loan documents, process transactions as approved, and ensure adherence to the Service Level Agreements (SLAs)
• Process with high levels of accuracy and urgency to ensure transactions do not lead to financial losses or risk events
• Ensure all Service Levels for quantity and quality are met and any exceptions are immediately escalated for resolution
• Perform entity, collateral due diligence to comply with regulatory requirements
• Comply with audit and compliance regulations for internal and external audits
• Analyze the process flow and suggest improvements to eliminate redundant steps through effective value stream mapping
• Be an effective team player, leading and participating in various engagement activities not just limited to the process
• Ensure all controls and JP Morgan requirements are adhered to at all times, and any risk items are escalated immediately
• Maintain high levels of engagement with the Lenders, Credit Executives/Underwriters, Client Service Executives and Bankers
• Be a Subject Matter Expert (SME) in the process and understand the upstream and downstream process

Required Qualifications, Capabilities, and Skills:

• 1+ year of commercial loan documentation, collateral perfection, Loan Operations, or banking/lending experience
• Strong verbal & written communication to effectively communicate with various stakeholders across the firm
• Manage complex requests with minimum supervision and independently make the decisions related to the process
• Ability to manage concurrent assignments and multi-task in an effective, efficient, and organized manner
• Ability to consistently maintain high performance levels in stressful situations and high-volume peaks
• Attention to detail and problem solving skills
• Strong problem solving skills to undertake analysis, resolve issues/problems related to the process
• Excellent interpersonal skills to work effectively in a team environment

Preferred Qualifications, Capabilities, and Skills:

• Bachelor’s Degree in Accounting/Finance preferred
• Knowledge of Entity Organizational Documentation
• Proficient in Microsoft Office applications

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 and perspectives that 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs. (If you are a US or Canadian applicant with a disability and wish to request an accommodation to complete the application process, please contact us by calling the Accessibility Line (US and Canada Only) 1-866-777-4690 and indicate the specifics of the assistance needed.) We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans 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.