Loan Origination Associate I

Location: Chicago, IL, United States

Job Family: Lending Services

About the Role

At JPMorgan Chase & Co., one of the world's leading financial services firms, the Loan Origination Associate I plays a pivotal role in our Lending Services division. Based in our Chicago, IL office, this position involves guiding a dedicated team to deliver best-in-class onboarding for equipment finance transactions. You will drive key transformations in our processes to enhance efficiency and elevate the customer experience, ensuring that clients receive seamless support from initial application through to funding. As part of JPMorgan Chase's commitment to innovation in commercial banking, you will contribute to high-impact projects that support our clients' growth in asset-based financing, leveraging our global resources to handle complex equipment leasing deals. In this leadership-oriented role, you will oversee daily operations of the team, coordinating with internal stakeholders such as credit analysts, legal experts, and sales partners to mitigate risks and accelerate transaction timelines. Your focus will be on implementing best practices for compliance with industry standards, including UCC regulations and anti-money laundering protocols specific to financial services. By fostering a collaborative environment, you will mentor associates, resolve escalated issues, and utilize data-driven insights to optimize workflows, ultimately contributing to JPMorgan Chase's reputation for reliability and excellence in equipment finance. We seek a proactive professional passionate about the financial services industry, with a track record of team guidance and process improvement. Joining JPMorgan Chase offers not only the chance to work on transformative projects but also access to unparalleled professional development opportunities in a supportive, inclusive culture. If you thrive in dynamic settings and are committed to delivering superior client outcomes, this role provides a platform to advance your career in lending services.

Key Responsibilities

• Lead a team in onboarding new equipment finance transactions, ensuring seamless integration from application to funding
• Guide the team in delivering exceptional customer experiences by resolving issues and providing timely updates
• Drive process transformations to improve efficiency in loan origination workflows
• Collaborate with sales, credit, and legal teams to facilitate smooth transaction closings
• Monitor and ensure compliance with federal and state regulations for equipment financing
• Analyze transaction details to identify risks and recommend mitigation strategies
• Mentor junior associates on best practices in lending services
• Prepare reports on team performance and transaction metrics for senior management
• Implement technology solutions to enhance onboarding speed and accuracy

Required Qualifications

• Bachelor's degree in Finance, Business Administration, or a related field
• At least 2 years of experience in loan origination, equipment finance, or commercial lending
• Strong understanding of financial services regulations, including UCC filings and equipment leasing standards
• Proven ability to lead teams in high-volume transaction environments
• Excellent communication and interpersonal skills for client and stakeholder interactions
• Proficiency in Microsoft Office Suite and financial software applications
• Ability to work in a fast-paced, deadline-driven setting with attention to detail

Preferred Qualifications

• Experience in asset-based lending or equipment finance at a major financial institution
• Knowledge of JP Morgan Chase's internal systems and processes for loan onboarding
• Certification in commercial lending or credit analysis (e.g., CCE or similar)
• Prior leadership role in a team guiding transaction transformations
• Familiarity with CRM tools like Salesforce in a financial services context

Required Skills

• Loan origination and documentation expertise
• Team leadership and motivation
• Customer service orientation
• Regulatory compliance knowledge
• Financial analysis and risk assessment
• Process improvement and transformation
• Communication (verbal and written)
• Attention to detail and accuracy
• Problem-solving and decision-making
• Proficiency in financial software (e.g., Loan IQ)
• Time management in fast-paced environments
• Collaboration with cross-functional teams
• Data analysis and reporting
• Adaptability to changing priorities
• Ethical judgment in financial transactions

Benefits

• Comprehensive medical, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and holidays
• Professional development programs and tuition reimbursement for career growth
• Employee stock purchase plan and performance-based bonuses
• Wellness programs with gym memberships and mental health support
• Flexible work arrangements and hybrid options in Chicago
• Parental leave and family benefits for work-life balance

JP Morgan Chase is an equal opportunity employer.