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Are you enthusiastic about Quality Control and are motivated by tight deadlines? Join our Lending Services team as a Quality Control Specialist and utilise your skills!
As a Lending Services Quality Control Specialist within the Traditional Credit Products Middle Office team, you will be part of a dynamic, deadline-managed environment. Your role will expose you to various operational aspects of the loan product, including syndicated and bilateral credit facilities. As a key member of the Quality & Portfolio Integrity Team, you will be responsible for conducting quality checks for deal and fee transactions completed within the wider team. Your duties will also include assessing and managing operational risk for all team controls, coordinating month-end critical processing, and preparing team KPIs/metric reports throughout the month.
You will partner with various internal and external parties including, but not limited to, Debt Capital Markets (DCM), Credit Risk, Loan and Agency, Product Control & Finance, and Audit. You will also have interactions with counterparts internationally on processes and cross-border transactions.
Job responsibilities
- Completes comprehensive Quality Control (QC) reviews directly against Loan Documentation for syndicated and bilateral deals, and associated facilities, both as set up on the Loan IQ platform and in credit risk proposals in the iCRD system
- Completes comprehensive QC reviews of fees booked in the Loan IQ platform
- Assists with the ongoing development of the QC approach and framework within the TCP MO team
- Provides guidance and subject matter expertise to both team members and key partners for Loan IQ and iCRD QC checks
- Monitors daily, weekly, monthly QC production-based metrics to identify trends
- Assists the team manager in the creation of tailored development and training plans, including development of training materials and procedures for QC scoring
- Contributes to strategic quality initiatives such as the ACESX migration
Required qualifications, capabilities, and skills
- In-depth technical operations knowledge of the loan product / syndicated loan business essential, including an understanding of a credit agreement, loan funding mechanics, deal and fee structures
- Ability to prioritise tasks appropriately, whilst operating within a fast-changing and high-pressured environment
- Attention to detail; understanding of the risks and downstream impacts of inaccurate data capture
- High degree of numeracy and aptitude for analytical examination of problems; attention to detail being paramount
- Excellent interpersonal skills; interact professionally and confidently with senior deal team members within the Front Office globally
- Communication skills – ability to communicate professionally and accurately in written and oral form, and summarise issues succinctly and set out well thought-out solutions
Preferred qualifications, capabilities, and skills
- Experience in loan operations/transaction management
- Prior experience and knowledge of GL accounting, payment processing and cash reconciliation
- Loan IQ system application knowledge
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.
ABOUT THE TEAM
Commercial Banking is focused on helping our clients succeed and making a positive difference in our communities. We provide credit and financing, treasury and payment services, international banking and real estate services to clients including corporations, municipalities, institutions, real estate investors and owners, and nonprofit organizations.
