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Commercial Banking - LATAM Transaction Processing Specialist (Wholesale Loan Operations) - Chicago, IL

Req #: 170093692
Location: Chicago, IL, US
Job Category: Operations
Potential Referral Amount: 0 US Dollar (USD)
Wholesale Loan Operations (WLO) services several lines of businesses within JPMorgan Chase, including Business Banking, Global Wealth Management, Investment Banking and Commercial Banking.  The group consists of approximately 1,300 employees and is responsible for over $500 billion in loans outstanding.
The LATAM Transaction Processing Specialist be working a portfolio of customers on ACBS and Loan IQ, performing tasks such as processing payments and advances, and researching and maintaining accounts in a domestic as well as a foreign currency environment. There are a number of reports that are worked in relation to the servicing of the portfolio. They will also be asked to participate in projects assigned by the Manager. High volumes and daily deadlines are routine for this portfolio.
Responsibilities may include:
  • Processing JPMorgan loan transactions as per the client's request.
  • Ensure all funding is accurately & timely wired to meet deadlines.
  • Reviewing and interpreting Credit Agreements for system setup and governance.
  • Action all critical reports and timely completion within stated Service Level Agreements.
  • Minimizing credit and business risk through awareness of procedure, compliance, and bank policy.
  • Working in a high volume, fast paced, end-to-end account management environment.
  • Strong inter-team communication skills.
  • Demonstrating accurate and timely completion of customer service and research items per the Service Level Agreement.
  • Strong reconciliation skills (Maintaining system files, collection and application of funds, reconciling differences, assisting with past due and nostro  exception items).
  • Participating in projects and working in groups as required.
  • Other duties as assigned.
  • Bachelor's Degree plus 3-4 years of professional experience in banking or financial services or equivalent is required.
  • 1-2 years prior work experience processing loans including payments, processing investments, maintenance, research, etc
  • Demonstrated ability to interpret standard reports, forms and legal documents.
  • Commercial Loan systems knowledge including, but not limited to, ACBS and Mysis Loan IQ
  • Familiarity with Agented, Syndicated and Bilateral Loans preferred
  • Excellent written and verbal communication skills
  • Strong organization and time management skills
  • Ability to adapt quickly to new systems and processes
  • Proficient in Microsoft Office applications (i.e. Excel, Word, Outlook, etc.).  Excel proficiency is a must.

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