CB WLS Credit Support Specialist I - 404

Job Description

Company Overview JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. JPM is comprised of four business segments, Consumer & Community Banking, Commercial Banking, Corporate & Investment Bank and Asset & Wealth Management.

Wholesale Lending Services (WLS) exists within the Commercial Bank and provides a broad array of syndicated and bi-lateral loan servicing support to the Firm’s Wholesale Lending Businesses. These functions include Loan Documentation Prep & Coordination, Credit Administration, Deal Closing/Funding, Credit Compliance Monitoring, Agent and Non-Agent Loan Servicing, Trade Processing, and Collateral Perfection/ Management.

Credit Services sits within the WLS Originations and provides Financial Statement Spreading support for the Business Banking and Commercial Banking underwriters. The Credit Support Senior Specialist works with the underwriting staff across Business Banking and Commercial Banking sub-lines of businesses (MMBSI, CCBSI, Dealer Commercial Services, etc.) and is responsible for reviewing and analyzing customers’ business and personal financial statements for spreading into the bank’s financial analysis tool.

Position Summary:

The Financial Statement Spreading Specialist (Credit Support Specialist I) will review and analyze borrower financials and enter financial statement information into relevant databases and distribute this information as appropriate to allow underwriting, monitoring, and tracking of this information to flow smoothly and efficiently through those specified processes. Accuracy of spreading is critical as lending decisions are made based on the spreads.

Core Responsibilities:

• Support multiple Business Banking underwriters and markets
• Retrieve financial spreading requests from the mailbox or team’s workflow tool e.g. Operations Task Manager (OTM), Aurora (as applicable)
• Perform data entry of customer financial statement information from source document into the bank’s financial analysis tool based on the procedures manual e.g. Risk Analyst (RA), Application Storage and Retrieval (APSTAR), and Integrated Spreading Solution (iSPRESO).
• Prepare a summary of findings for the Credit Approval Officer, highlighting issues regarding financial statements and other source documents, as required.

JPMorgan Chase is an Equal O pportunity and Affirmative Action Employer, M/F/Disability/Veteran

Required Qualifications:

• Bachelor’s degree in accounting or other business specialty
• Proficiency in spoken and written English required
• Effective communication and active listening skills
• Good analytical and problem solving skills
• Knowledge of financial documents including financial statements, business tax returns, among others
• Good level of accounting knowledge to interpret and analyze financial statements and tax returns
• Ability to work independently, with minimal supervision.