Trade & Working Capital Product Solution Delivery - Payments- Associate

JPMorgan Chase & Co., City of Westminster

Trade & Working Capital Product Solution Delivery - Payments- Associate

Salary Not Specified

JPMorgan Chase & Co., City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 5 days ago, 16 Oct | Get your application in now to be included in the first week's applications.

Closing date: Closing date not specified

job Ref: 24df20afaf8949e9bb57d005c2ce5931

Full Job Description

As the Trade & Working Capital Product Solution Delivery ("PSD") Associate you will be responsible for the successful implementation and post close monitoring of Export & Agency Finance ("EAF") transactions., Reporting to the PSD Team Lead and covering the EAF loans booked into Loan IQ, the principal objectives of this position are to assist with;

  • Deal execution, working in collaboration with the Originators to structure appropriate facilities in support of aggressive revenue targets
  • Post close monitoring and management of the portfolio adhering to all transactional control conditions established to minimise operational risk.
  • Seamless client engagement. They are also responsible for the Transactional Control aspects of credit related Trade products., Review all associated documentation and provide input to origination team with regard to functional aspects of proposed transactions and coordinate the implementation of the facilities within the Bank's systems
  • Monitor, diarise and keep a tracker of all financial covenants,
  • Manage transaction wavers and amendments liaising with internal stakeholders
  • Refer to the Global product specific Standard Operating Procedure ("SOP") and appropriate annex(es) in case of default, send notices of delay, demand letters consult with Legal and Sales, and submit claims to respective Export Credit Agency ("ECA")/insurance providers
  • Provide periodic reports to internal and external stakeholders as required
  • Ensure any identified changes in policy and procedures are communicated to appropriate support areas and appropriately noted in applicable SOPs and SLAs (Standard Level Agreements).
  • Diarise for receipt and arrange for collection and storage of all transaction documents. Adhering to the bank's policies with regard storage of soft and paper copy documents
  • Implement new deals within a robust control framework, perform ongoing monitoring of live deals throughout the life-cycle, manage documentation process.
  • Support projects for process improvements to deliver global consistency, scalability and minimize manual touch points.
  • Manage dashboards and metrics to demonstrate a high quality of support with clear and consistent statistics.

    Good understanding of loan structures is advisable. A practical knowledge of the EAF products would be an advantage as would understanding/experience of structured transactions. Ability to read and understand loan agreements. Agency, trade finance or underwriting experience is also beneficial.
  • Ability to work in a global team environment, across multiple disciplines and locations and be able to multitask within the broader scope of the PSD team. Managing work flow to ensure timely execution of new deals is important as time to revenue is a key Performance Indicator.
  • Excellent verbal and written communication skills in English to communicate across the organisation, but also with clients as and when required.
  • Strong team player who can demonstrate excellent time management and planning skills and the flexibility to operate across multiple functions as a member of the wider EMEA Trade team, but also being able to manage workload and day to day responsibilities independently.
  • Ability to demonstrate relevant product and industry experience, with knowledge of corporate finance, corporate credit, regulatory and legal risk.
  • Drive to engage effectively across teams, taking a proactive role, focusing on the day to day processes.
  • Proficiency in customized data analytics, advanced working knowledge of Excel (macros, pivots, and graphs) and PowerPoint applications.
  • Ability to demonstrate team work, risk and change management mindset.
  • Ability to demonstrate organizational skills are required for support of projects.
  • Ability to partner in a global team environment across multiple locations.
  • Preferred qualifications, capabilities, and skills
  • Practical knowledge of the EAF product would be an advantage as would understanding/experience of structured transactions.

    J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives., The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.