Client Processing Specialist - Wholesale Lending Services

As a Client Processing Specialist, you'll provide operational support to the Investment Bank for syndicated credit structures agented by JPMorgan or bilateral loans extended to a borrower solely by JPMorgan. Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements. Calculate and track complex interest and fee accruals at various rate levels across changing lender distributions. Reconcile daily funding and payment activity to account for all daily cash transactions. Read and interpret complex legal credit agreements and related documentation, working with attorneys when applicable. Initiate and reconcile automated funds' movements in accordance with client/lender instructions. Monitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provides clients timely and accurate invoices. Maintenance of margin changes and proper communication to bank group. Provide information as requested by clients, business partners, middle office or lenders.

According to JobzMall, the average salary range for a Client Processing Specialist - Wholesale Lending Services in 8181 Communications Pkwy, Plano, TX 75024, USA is between $45,000 and $55,000. The salary range is dependent on a number of factors, such as the individual's experience, education, and skills.

JPMorgan Chase Bank, N.A., doing business as Chase Bank, is a national bank headquartered in Manhattan, New York City, that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase.