Associate I - Global Fund Services Bank Loans

Location: Plano, TX, United States

Job Family: Fund Servicing

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. The Corporate & Investment Bank (CIB) Global Fund Services team is seeking an Associate I - Global Fund Services Bank Loans to join our dynamic operations in Plano, Texas. This role is ideal for professionals passionate about leveraged loans and bank debt, offering the chance to support institutional clients in navigating complex fund structures. As part of our Fund Servicing category, you will contribute to the end-to-end management of loan portfolios, ensuring seamless operations in a high-stakes financial environment. Our Plano office provides a collaborative hub for technology and finance experts, fostering professional growth within one of the world's most respected institutions. In this position, you will play a key role in processing and reconciling syndicated loan transactions, from initial setup to ongoing servicing. Responsibilities include monitoring loan performance, resolving discrepancies, and generating insightful reports that aid fund managers in decision-making. You will work closely with cross-functional teams across trading, compliance, and client services, leveraging JP Morgan Chase's cutting-edge platforms to deliver exceptional service. This role demands a keen eye for detail and a solid grasp of financial regulations, as you ensure all activities align with industry standards and our firm's rigorous risk framework. Opportunities for involvement in process automation and client onboarding will allow you to make tangible impacts on operational efficiency. We value diverse perspectives and offer robust support for career advancement, including access to internal training and mentorship programs. Joining JP Morgan Chase means becoming part of a culture that emphasizes integrity, innovation, and inclusion. If you thrive in a fast-paced setting and are eager to deepen your expertise in bank loans within global fund services, this opportunity in Plano, TX, will propel your career forward in the financial services industry.

Key Responsibilities

• Process and reconcile leveraged loan transactions, including settlements, payments, and interest accruals for global fund clients
• Support the onboarding of new bank loan facilities, ensuring accurate documentation and compliance with fund servicing agreements
• Monitor and resolve discrepancies in loan data, collaborating with internal teams and external custodians
• Prepare and analyze reports on loan portfolio performance, NAV calculations, and risk metrics for fund managers
• Assist in the implementation of process improvements to enhance efficiency in bank debt servicing
• Ensure adherence to JP Morgan Chase's risk management policies and regulatory standards in all operations
• Liaise with sales, trading, and client service teams to provide timely support on loan-related inquiries
• Contribute to month-end and quarter-end closings by validating loan positions and generating required disclosures
• Participate in training and knowledge sharing sessions to maintain team expertise in evolving loan market dynamics
• Handle ad-hoc projects related to system enhancements or client-specific fund servicing needs

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• Minimum of 2-3 years of experience in fund services, banking, or financial operations, with exposure to leveraged loans or syndicated loans
• Strong understanding of bank debt instruments, loan syndication processes, and fund accounting principles
• Proficiency in financial reconciliation and data analysis within a high-volume transaction environment
• Knowledge of regulatory requirements such as SEC, OCC, or Basel III as they apply to fund servicing
• Ability to work in a fast-paced, deadline-driven setting with attention to detail
• U.S. work authorization without sponsorship

Preferred Qualifications

• Experience with JP Morgan Chase systems or similar enterprise financial platforms
• Certification in finance such as CFA Level I or CPA
• Prior involvement in global fund services or middle/back-office operations for alternative investments
• Familiarity with loan servicing software like Loan IQ or MarkitWire
• Advanced Excel skills including VBA for automation

Required Skills

• Proficiency in Microsoft Excel and financial modeling
• Knowledge of syndicated loan agreements and ISDA documentation
• Strong analytical and problem-solving abilities
• Excellent attention to detail and accuracy in data handling
• Effective communication skills, both written and verbal
• Ability to collaborate in cross-functional teams
• Time management and prioritization in high-pressure environments
• Understanding of GAAP/IFRS accounting standards
• Familiarity with data reconciliation tools and SQL basics
• Adaptability to changing market conditions in leveraged finance
• Risk assessment and compliance awareness
• Customer service orientation for client interactions
• Technical aptitude for learning proprietary banking systems
• Organizational skills for managing multiple loan portfolios
• Ethical judgment in handling sensitive financial information

Benefits

• Comprehensive medical, dental, and vision insurance plans with multiple coverage options
• 401(k) retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick days, and parental leave
• Tuition reimbursement and professional development programs for career growth
• Employee stock purchase plan and performance-based bonuses
• Wellness programs including gym memberships and mental health support
• Flexible work arrangements and hybrid options in Plano, TX
• Access to JP Morgan Chase's global employee assistance program

JP Morgan Chase is an equal opportunity employer.