at J.P. Morgan
Bulge Bracket Investment BanksPosted 3 days ago
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**Trading Services Associate for Loan Trading Documentation in London.**back this role, manage trade operations, and engage with stakeholders. Duties include: - Settling secondary par loan trades, collaborating with traders, sales, clients, and counsel. - Building client relationships while maintaining clean trade portfolios. - Reviewing LMA documents, credit agreements, and more to ensure trade compliance. - Identifying and escalating issues to management and preparing MIS reports. - Requires loan experience, Office Suite proficiency, strong communication, and analytical skills. - Preferred: LoanIQ, ClearPar, LMA doc familiarity, trading biz understanding. Join a supportive team for career growth.
- Compensation
- Not specified
- City
- London
- Country
- United Kingdom
Currency: Not specified
Full Job Description
Location: LONDON, LONDON, United Kingdom
Join a collaborative team where youll support trade operations, manage priorities, and grow your career.
As a Trading Services Associate within the Loan Trading Documentation team, you will be responsible for secondary trade closing support. Wholesale Loan Middle Office is a part of Wholesale Lending Services that primarily supports the European Credit Trading, and Syndicated Leverage Finance businesses within the Corporate and Investment Bank.
Job responsibilities
- Work with front office traders and sales coverage, clients, counsel and operations to settle secondary par loan trades
- Establish and maintain strong working relationships with clients/counterparts
- Manage a trade portfolio across various lines of business while maintaining a clean aging profile
- Review Loan Market Association (LMA) standard documents and other legal documents including trade confirms, assignment agreements, proceeds letters, participation agreements, cash collateral agreements, and multilateral agreements
- Review credit agreements, specifically assignability language
- Identify and escalate issues to the front office trading assistants/traders/salespeople, in-house legal counsel and management, when necessary
- Prepare daily/weekly MIS reporting to track the status of open items and measure risk
Required qualifications, capabilities, and skills:
- Loan experience
- Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)
- Excellent oral and written communication skills
- 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 loan-based software (LoanIQ, ClearPar)
- Experience with LMA standard documentation, knowledge of the LMA Standard Terms and Conditions
- Knowledge of the trade lifecycle and/or experience supporting a trading business
- Familiarity with syndicated loans
- Prior knowledge of loan products or trading operations
Join a team that supports your career growth, advancement and expanding opportunities.
