Credit Support Specialist IV

Posted 6 Hours Ago
Be an Early Applicant
2 Locations
Remote or Hybrid
Junior
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Analyze and spread commercial and investment bank clients' financial statements; process and abstract data from loan and collateral documents; review loan documents per SLAs; perform due diligence, research, and documentation follow-up; use bank systems to interpret data and make informed decisions.
Summary Generated by Built In

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? 


As the Credit Support Specialist IV in a dynamic and growing team in a fast paced and challenging area, you are responsible for analyzing and spreading the financial statements of the Commercial and Investment Bank clients.


Job Responsibilities

  • Perform analysis of Financial Statements and complete spreading as per the guidelines
  • Process Financial Statements, Appraisal reports, Borrowing Base Certificate, Compliance Certificate, Mortgage documents,  Credit Agreement and abstract critical data
  • Review Loan documents and process transactions as per Service Level Agreement
  • Interpret and understand legal documents pertaining to underwriting and perform due diligence to comply with the lending requirements
  • Performs required research on the received request within stipulated timelines
  • Interpret data, analyze results using bank’s operating systems
  • Follows up on deficient documentation with relevant stake-holders
  • Makes informed decisions regarding the documentation handled    

Required qualifications, skills and capabilities

  • Strong verbal & written communication to effectively communicate with various stake-holders and across levels
  • Manage the complex requests with minimum supervision and independently make the decisions related to the process
  • Good understanding of Financial Statements, Lease Agreement, Mortgage documents, Accounts Receivable reporting, Accounts Payable reporting, Rent Rolls Credit Agreement and other loan documents
  • Advanced proficiency in Excel & MS Access
  • Demonstrate the attributes of flexibility and accountability
  • Excellent interpersonal skills to work effectively in team environment
  • Attention to detail and problem solving skills
  • Client relationship and time management




Preferred qualifications, skills and capabilities

  • 2+ years of work experience, preferably in Banking/Mortgage/Financial Analysis and Loan Operations
  • Bachelor’s degree in Commerce/Accounting preferred


Internal Application Eligibility Requirements

TENURE

Must meet minimum employment tenure requirement. Specific roles require longer tenure in current position to be eligible to apply. Unless established for specific positions by the line of business, the standard tenure requirement is 12 months.

PERFORMANCE:

Meets satisfactory performance standards as defined by the firm

 

By submitting an application and/or joining the interview, you affirm to meet the Internal Mobility Eligibility Requirements as stated in the Applying for Internal Positions Firmwide StandardYou are expected to provide true and accurate information to the Company during the recruitment and application process. Knowingly giving false or misleading information shall be subjected to the imposition of appropriate corrective action, following the firm’s HR Policies and Guidelines. 

Inform your manager once scheduled for an interview. Include in your discussion if you have questions about eligibility or LOB specific guidelines.

Make sure your profile is updated in the new me@jpmc > Jobs.  Attaching your updated resume is encouraged. 

In partnership, Hiring Managers and Recruiters will review applications to determine which candidates best meet the required skills and experience specified in the job description. While not every application will result in an interview, applications will be acknowledged.

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About the TeamJ.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

Skills Required

  • Strong verbal and written communication
  • Ability to manage complex requests with minimum supervision and independently make process-related decisions
  • Understanding of Financial Statements, Lease Agreements, Mortgage documents, Accounts Receivable/Payable reporting, Rent Rolls, Credit Agreements and other loan documents
  • Advanced proficiency in Excel
  • Advanced proficiency in MS Access
  • Flexibility and accountability
  • Excellent interpersonal skills and ability to work effectively in a team environment
  • Attention to detail and problem solving skills
  • Client relationship management and time management
  • Perform analysis of financial statements and complete spreading per guidelines
  • Process financial and loan-related documents and abstract critical data; perform due diligence
  • Must meet internal mobility tenure requirement (standard 12 months) and satisfactory performance
  • 2+ years of work experience, preferably in Banking/Mortgage/Financial Analysis and Loan Operations
  • Bachelor's degree in Commerce/Accounting

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength Medical, dental, vision, and mental health coverage are comprehensive, with on-site clinics, preventive care, and specialized supports such as maternity nurse guidance and fertility treatments. Wellness activities can help offset copays and out-of-pocket costs, reinforcing the perceived strength of health benefits.
  • Retirement Support A 401(k) with dollar-for-dollar matching and additional automatic pay credits reflect strong employer-backed retirement savings. An employee stock purchase plan and related financial programs further bolster long-term financial support.
  • Leave & Time Off Breadth Paid time off, sick time, holidays, and generous parental leave are provided alongside family medical leave and adoption/fertility assistance. Additional programs like caregiver support and volunteer time off expand the breadth of time-away options.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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