Job Details

Commercial Banking - Wholesale Lending Services - Credit Support Senior Specialist

Company name

JPMorgan Chase & Co,

Organization Type


Job Type

Legal Staff

Date Last Verified

Feb 20, 2020

Valid Through

Jun 04, 2020

Posted on

Jan 11, 2020

Years of Experience

Min 1 yrs required


Indianapolis, IN, United States

Employment Type



Practice Area
Finance >> Finance - Banking
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Commercial Banking - Wholesale Lending Services - Credit Support Senior Specialist
Duties: Works closely with Bankers, Underwriters, Legal Counsel, and others, as an Operations function within the deal team to coordinate tasks for commercial loan facilities to auto dealerships. Will have contact with clients, as directed by the Banker managing the client relationship. Works with complex commercial loans for auto dealerships, which includes, but is not limited to the following types of financing: Floorplan, Acquisition, Term Notes, Lines of Credit, Real Estate and Construction, and Letters of Credit. Serves as the primary liaison for loan transactions to coordinate tasks necessary to document and close loans, such as due diligence collection, entity review, collateral review and loan documentation for approved loans. Responsible for review of the credit approval, verification of due diligence to ensure loan will be closed in accordance with approval, as well as coordination of appropriate loan documentation preparation for new, renewal, & modification of loans. Independently identifies and manages vendor and documentation risk to the bank. Reviews loan packages for adherence to credit approval and determination of appropriate due diligence necessary to ensure proper collateral position. Reviews the following: business entity and organizational documents to include all types of entities, good standing of business entities, and Uniform Commercial Code (UCC) searches, as required. Coordinates ordering, obtaining and reviewing title work, surveys, appraisal and environmental reports, flood determinations and requisite compliance, all types of insurance, as well as other reports and information as loan structure requires. Evaluates all reports and information received with respect to collateral evaluation & verification to determine if terms and conditions of the credit approval will be met. Prepares the loan and compliance documentation necessary to protect the bank’s interest.

Qualification and Experience

Qualifications: College degree, paralegal, or equivalent work experience. 1+ years compliance experience preferred, which includes flood insurance requirements. Requires experience preparing and/or reviewing commercial loan documentation. Experience with commercial real estate title work, surveys, construction lending & loan documentation. Knowledge of commercial loan products, business loan sales and underwriting processes. Excellent knowledge of laws and regulations affecting appropriate due diligence, real estate lending, loan documentation & perfection of collateral. Excellent attention to detail, communication skills and PC skills. Able to communicate well and work independently in a high volume fast paced environment.

Additional info

Req #: 200001691_2

Company info

Hiring Coordinator
JPMorgan Chase & Co,
Indianapolis West Operation Ce
Indianapolis, IN

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