Trading Services Specialist IV

Posted 5 Days Ago
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Philadelphia, PA
Hybrid
Junior
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Trading Services Specialist IV role focuses on onboarding new loan trading lenders by collaborating with internal teams and clients. Responsibilities include raising onboarding requests, addressing outstanding issues, enriching customer data, resolving data discrepancies, and preparing MIS reports to track progress and measure risk.
Summary Generated by Built In

Job Description
Join the firm that FORTUNE has named one of the top five "World's Most Admired Companies" and LinkedIn ranked #1 out of 50 of the best companies in the U.S. for best places to work and grow your career.
As a Trade Support Specialist within the Onboarding Team, you will collaborate with the front office, clients, counsel, and operations to facilitate the onboarding of new loan trading lenders. Your role is crucial in the Wholesale Lending Services Middle Office, primarily supporting the North America Credit Trading, Loan Total Return Swap, and Syndicated Leverage Finance businesses within the Corporate and Investment Bank. Your responsibility includes ensuring clients are onboarded and settled promptly and efficiently.
Job Responsibilities

  • Coordinate with Loan Documentation team to raise new counterparty onboarding requests.
  • Partner with Client Onboarding, Credit and Operations to address any outstanding issues related to the raising and active onboarding of an entity.
  • Build and enrich new customer reference data into main loan platform.
  • Resolve issues related to incorrect and outdated reference data to ensure information aligns with legal documentation.
  • Prepare daily/weekly MIS reporting to track the status of open items and measure risk.
  • Investigate customer inquiries in various systems and liaise with internal teams to resolve any differences.


Required Qualifications, Capabilities, and Skills

  • Bachelor's degree or 1 year of relevant operations experience within Syndicated Loan Space
  • Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)
  • Ability to professionally communicate verbally and through written communication
  • Excellent analytical and critical thinking skills
  • Ability to take initiative and self-motivate as well as work as part of a team


Preferred Qualifications, Capabilities, and Skills

  • Familiarity with syndicated loans
  • Experience supporting Credit Trading and Debt Capital Markets
  • Prior knowledge of loan products or trading operations
  • Experience with LSTA standard documentation, and understanding of the LSTA Standard Terms and Conditions
  • Familiarity with loan-based software (LoanIQ, ClearPar)
  • Understanding of the trade lifecycle


About Us
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. 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.
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
About the Team
J.P. Morgan's Global Banking business is one of the largest wholesale banking client franchises in the world. We serve clients, including corporations, governments, states, municipalities, healthcare organizations, education institutions, banks and investors.
Commercial Banking provides 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 not-for-profit organizations.

Top Skills

Clearpar
Loaniq
Microsoft Office Suite

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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