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Commercial Loan Closing Associate I

ExperiencedNo visa sponsorship
J.P. Morgan logo

at J.P. Morgan

Bulge Bracket Investment Banks

Posted 5 days ago

No clicks

**Commercial Loan Closing Associate I** in Chicago facilitates accurate, swift syndicated loan closings. You'll interpret loan documents, coordinate payments and deliverables, and manage transaction pipelines. Collaborate across teams to ensure smooth deal processing, enforce quality checks, and escalate issues proactively. Requires 3+ years in commercial loan ops, proficiency in Excel and Microsoft Office, exceptional communication skills, and strong organizational abilities. Syndicated loan and Loan IQ experience preferred.

Compensation
Not specified USD

Currency: $ (USD)

City
Chicago
Country
United States

Full Job Description

Location: Chicago, IL, United States

Fuel complex syndicated loan closings from setup to fundingwhere accuracy, pace, and partnership directly shape client outcomes. Youll help deliver a seamless closing experience by coordinating documentation, payments, and post-close controls alongside key stakeholders. JDA Rules.docx

As a Loan Closing Associate I within Deal Set Up and Funding, you will help facilitate syndicated loan closings by interpreting loan documentation, coordinating closing deliverables and payments, and ensuring accurate data capture. Youll partner closely with colleagues across the businesssuch as deal teams, legal partners, and servicing teamsto deliver a smooth closing process and a strong client experience. 

Job responsibilities

  • Collaborate across teams to interpret loan documentation and support accurate setup and processing of new deals
  • Coordinate principal and fee-related closing payments
  • Gather and validate required documentation prior to closing in partnership with transaction coordinators and other stakeholders
  • Manage and prioritize a pipeline of assigned transactions to meet closing timelines
  • Reconcile and govern exception reporting for recently closed transactions
  • Analyze amendments to agreements and/or deal structure changes and communicate impacts to account managers
  • Provide accurate data while maintaining a low quality control error rate
  • Escalate risks, issues, and timeline concerns early, with clear options and recommended actions

 

Required qualifications, capabilities, and skills

  • 3 years of commercial loan operations experience, including reading and interpreting loan documentation
  • Excellent oral and written communication skills
  • Strong interpersonal skills and comfort engaging with clients and internal partners
  • Solid working knowledge of Microsoft Office (Excel, Word, PowerPoint)
  • Strong time management, organization, and prioritization skills
  • Ability to work independently within a team environment
  • Strong analytical, problem-solving, and decision-making skills
  • A self-motivated, team-oriented mindset

 

Preferred qualifications, capabilities, and skills

The following qualifications will help you stand out: 

  • Syndicated loan experience
  • Loan IQ experience
Support syndicated deal setup and funding by coordinating documentation, closing payments, and post-close exception reviews.

Commercial Loan Closing Associate I

Compensation

Not specified USD

City: Chicago

Country: United States

J.P. Morgan logo
Bulge Bracket Investment Banks

5 days ago

No clicks

at J.P. Morgan

ExperiencedNo visa sponsorship

**Commercial Loan Closing Associate I** in Chicago facilitates accurate, swift syndicated loan closings. You'll interpret loan documents, coordinate payments and deliverables, and manage transaction pipelines. Collaborate across teams to ensure smooth deal processing, enforce quality checks, and escalate issues proactively. Requires 3+ years in commercial loan ops, proficiency in Excel and Microsoft Office, exceptional communication skills, and strong organizational abilities. Syndicated loan and Loan IQ experience preferred.

Full Job Description

Location: Chicago, IL, United States

Fuel complex syndicated loan closings from setup to fundingwhere accuracy, pace, and partnership directly shape client outcomes. Youll help deliver a seamless closing experience by coordinating documentation, payments, and post-close controls alongside key stakeholders. JDA Rules.docx

As a Loan Closing Associate I within Deal Set Up and Funding, you will help facilitate syndicated loan closings by interpreting loan documentation, coordinating closing deliverables and payments, and ensuring accurate data capture. Youll partner closely with colleagues across the businesssuch as deal teams, legal partners, and servicing teamsto deliver a smooth closing process and a strong client experience. 

Job responsibilities

  • Collaborate across teams to interpret loan documentation and support accurate setup and processing of new deals
  • Coordinate principal and fee-related closing payments
  • Gather and validate required documentation prior to closing in partnership with transaction coordinators and other stakeholders
  • Manage and prioritize a pipeline of assigned transactions to meet closing timelines
  • Reconcile and govern exception reporting for recently closed transactions
  • Analyze amendments to agreements and/or deal structure changes and communicate impacts to account managers
  • Provide accurate data while maintaining a low quality control error rate
  • Escalate risks, issues, and timeline concerns early, with clear options and recommended actions

 

Required qualifications, capabilities, and skills

  • 3 years of commercial loan operations experience, including reading and interpreting loan documentation
  • Excellent oral and written communication skills
  • Strong interpersonal skills and comfort engaging with clients and internal partners
  • Solid working knowledge of Microsoft Office (Excel, Word, PowerPoint)
  • Strong time management, organization, and prioritization skills
  • Ability to work independently within a team environment
  • Strong analytical, problem-solving, and decision-making skills
  • A self-motivated, team-oriented mindset

 

Preferred qualifications, capabilities, and skills

The following qualifications will help you stand out: 

  • Syndicated loan experience
  • Loan IQ experience
Support syndicated deal setup and funding by coordinating documentation, closing payments, and post-close exception reviews.