Loan Origination Associate

Job description

Position Summary: The Loan Servicing Associate supports the largest and most sophisticated corporate loan transactions in the market. They primarily provide operational support to Debt Capital Markets on Term Loan B/institutional debt where JPM is the administrative agent. This position is responsible for providing loan servicing/administrative support (reconciliation/billing/payments) and has direct communication with borrowers, lenders and business partners. Essential Responsibilities: - Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements - Calculation and tracking of 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 movement 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 provide clients timely and accurate...