Job Details

Commercial Banking Wholesale Lending Services Credit Support Senior Specialist

Company name

JPMorgan Chase & Co,

Organization Type

In-House

Job Type

Legal Staff

Date Last Verified

May 20,2019

Valid Through

Sep 02,2019

Posted on

May 15,2019

Years of Experience

Min 1 yrs required

Location

Phoenix, AZ, United States

Employment Type

Full-time

Industry

Legal
Practice Area
Finance >> Finance - Banking
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Commercial Banking - Wholesale Lending Services - Credit Support Senior Specialist
The candidate 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, and 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 to: 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 and 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

The candidate should have College degree, paralegal, or equivalent work experience and experience preparing and/or reviewing commercial loan documentation. Experience with commercial real estate title work, surveys, construction lending and loan documentation is essential. Knowledge of commercial loan products, business loan sales and underwriting processes is essential. Must have 1+ years compliance experience preferred, which includes flood insurance and 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 is essential.

Additional info

Ref. 190046970

Company info

Hiring Coordinator
JPMorgan Chase & Co,
201 North Central Avenue
AZ1-1018
Phoenix, AZ 85004

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