Loan Trading Settlements Analyst

JPMorgan Chase Bank is seeking a Loan Trading Settlements Analyst in Newark, DE. This role involves supporting Global Credit Trading and Loan businesses by executing trade settlements, managing pricing inquiries, and maintaining trade-related exceptions. Candidates should have knowledge of loan software, excellent communication skills, and experience in the trade lifecycle. The position emphasizes teamwork and problem-solving in a fast-paced environment.
Join a team that supports your career growth, advancement and expanding opportunities! At JPMorgan Chase we take pride in valuing our employees' individualities, while supporting an inclusive culture of teamwork.
As a Trading Services Analyst within the Wholesale Lending Services team, you will primarily provide support to the Global Credit Trading, Loan Total Return Swap, and Syndicated Leverage Finance businesses within the Corporate and Investment Bank. Your role, which is part of the Loan Trading Settlements team, will concentrate on the daily closure and settlement of these trades.
Job responsibilities
• Prepare and execute trade settlement in a timely manner for various loan businesses with currency deadlines
• Draft complex pricing for Distressed loan settlements which may include PIK or other trades flat interest treatments, as well as Revolver facilities denominated in multiple currencies, and coordinate with clients as needed regarding any pricing inquiries
• Perform basic accounting functions which require knowledge of accounts payable and receivable as well as bank reconciliation functions
• Maintain and investigate complex trade related exceptions, such as Trades Flat interest or other fee disbursements, as well as serve as a SME for others on the team
• Review of all settlement documentation in accordance with the Loan Syndications and Trading Association (LSTA) and Loan Market Association (LMA) market standard terms and conditions
• Communicate frequently with front office, documentation, accounting and control teams as well as external counterparties
• Monitor general ledger activity in regards to payments associated with trade settlement

Required qualifications, capabilities, and skills
• Familiarity with loan-based software (LoanIQ, ClearPar)
• Knowledge of the trade lifecycle and/or experience supporting a trading business or loan products
• Excellent communication and interpersonal skills
• Demonstrated leadership abilities and strong teamwork skills
• Ability to prioritize and pivot to reprioritize as needed
• Detail-oriented and control oriented
• Strong problem-solving, decision making, and analytical skills

Preferred qualifications, capabilities, and skills
• Bachelor's Degree in Finance/Business, relevant Syndicated Loan Operations experience preferred with knowledge of LSTA and LMA Standard Terms and Conditions

This position is not eligible for H1B or Sponsorship
JPMorganChase, 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, paid in the form of cash and/or forfeitable equity, 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans