As a Total Return Swap Trading Associate, you will manage loan trade documentation and coordinate with clients and stakeholders to execute trades while monitoring escalated issues.
Job Description
Join a team that supports your career growth, advancement and expanding opportunities! At JPMorgan Chase we take pride in valuing our employees' individualities, while supporting an inclusive culture of teamwork.
As the Total Return Swap Trading Associate in Special Products/Distressed Loan Documentation, you will work with external clients and individual stakeholder's to execute loan trade documentation. You will work with the Total Return Swap Trading Desk, Trading Assistants, internal and external trading counterparties to execute loan trades as quickly as possible while abiding by all procedures and guidelines.
Job Responsibilities:
Required Qualifications, Capabilities, and Skills:
Preferred Qualifications, Capabilities, and Skills:
****Currently hybrid but will return to 5 days a week in office soon****
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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.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.
Join a team that supports your career growth, advancement and expanding opportunities! At JPMorgan Chase we take pride in valuing our employees' individualities, while supporting an inclusive culture of teamwork.
As the Total Return Swap Trading Associate in Special Products/Distressed Loan Documentation, you will work with external clients and individual stakeholder's to execute loan trade documentation. You will work with the Total Return Swap Trading Desk, Trading Assistants, internal and external trading counterparties to execute loan trades as quickly as possible while abiding by all procedures and guidelines.
Job Responsibilities:
- Work with the trading desk, clients, counsel and operations to settle par and distressed trades
- Draft, review and understand both Loan Syndications and Trading Association (LSTA) Standard and other legal documents including Trade Confirms, Assignment Agreements, Purchase and Sale Agreements
- Review and understand Credit Agreements and other relevant trade documentation
- Manage heavy trade portfolio across all various lines of business while maintaining a clean aging profile
- Monitor/track/report of all escalated issues using appropriate workflow tools
- Coordinate with Deal Closing, Maintenance and settlements to maintain non-agent deal builds and facility records
- Maintain monthly/weekly/daily reporting to senior management for open trades and trading metrics is required
Required Qualifications, Capabilities, and Skills:
- 3 years prior experience with syndicated loan settlements or trading operations
- Extensive knowledge of the trade lifecycle and/or experience supporting a trading business
- Experience with LSTA standard documentation, knowledge of the LSTA Standard Terms and Conditions
- Excellent oral and written communication skills
- Ability to learn quickly, self-motivate, and demonstrate a strong work ethic
- Keen to question everything and understand the detail behind the numbers and/or process
- Strong PC Skills : in particular Excel and Word
- Syndicated loans experience
Preferred Qualifications, Capabilities, and Skills:
- BA or BS Degree
- Experience with LoanIQ and Clearpar
****Currently hybrid but will return to 5 days a week in office soon****
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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.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.
Top Skills
Clearpar
Excel
Loaniq
Word
Similar Jobs at JPMorganChase
Financial Services
As a Trading Services Analyst, support trade orders, utilize automation technologies, manage change, and improve processes to enhance trading operations.
Top Skills:
Automation TechnologiesData Analysis
Financial Services
The Trade Support Analyst will manage trade orders, ensure accurate settlements, apply automation in processing, and enhance operational efficiencies while collaborating with internal stakeholders.
Top Skills:
Automation TechnologiesData Analysis
Financial Services
As an Associate in Risk Management, analyze credit risk data, produce reports, engage with stakeholders, and support risk analysis using tools like Tableau and Alteryx.
Top Skills:
AlteryxMS OfficeTableau
What you need to know about the Sydney Tech Scene
From opera to comedy shows, the Sydney Opera House hosts more than 1,600 performances a year, yet its entertainment sector isn't the only one taking center stage. The city's tech sector has earned a reputation as one of the fastest-growing in the region. More specifically, its IT sector stands out as the country's third-largest, growing at twice the rate of overall employment in the past decade as businesses continue to digitize their operations to stay competitive.
