We are on the lookout for an enthusiastic Loan Servicing Associate to join our incredible team at JP Morgan Chase & Co. in Bangalore.
Growing your career as a Full Time Loan Servicing Associate is an amazing opportunity to develop useful skills.
If you are strong in presentation, problem-solving and have the right mindset for the job, then apply for the position of Loan Servicing Associate at JP Morgan Chase & Co. today!

J.P. Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors. India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses. Our Corporate Centers are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firm's operations regionally and globally. The centers provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions.
COMMERCIAL BANKING - LOAN AND AGENCY SERVICES DESCRIPTION - Deal set up, Servicing, Secondary Loan Trading Settlements
The CB - Loan Operations team is responsible for servicing a portfolio of syndicated (Agency and non-Agency) loans across 12 geographies in Asia, 6 in EMEA and the region of North America. The team also provides support to Secondary Loan Trading Settlements and Deal Set-up . Support is provided for the held to maturity and held to sale portfolios for the Commercial and Investment customers of the bank. Servicing involves deal set up, processing new and subsequent draws, pay downs, rollovers, interest and fees application, sub-participation support. Given global nature of the service delivery, the team provides 24/5 business support and partners with internal & External stakeholders across the globe, cutting across various time zones.




Team Manager/Associate- Loan & Agency- Wholesale Loan Operations
The Team Manager/Associate is a key position within the Loans group. He/She is expected to deliver on the specific tasks and requirements. These tasks will include the following functions:

- Closely monitor the team on day to day basis to ensure all SLA's are met and any exceptions are immediately escalated for resolution.
- Supervise a process which performs Deal Closing, processing Drawdowns, Rollovers, Repayments, Pre-payments, Funding, Rate-Fixings, Fees and external payments, collection of interest, Nostro & Past Due Reconciliation.
- Support the secondary trading desk with Tarde booking and settlements
- Adherence to laid down QUALITY & QUANTITY SLA's are met. Ensure in place, a robust workflow allocation model
- Be the SME - Handle complex Process related queries and clarifications from the Team members and route these to onshore teams for resolution if required.
- Manage process escalations from internal/external customers
- Should have an eye for detail to ensure all documents are processed and reviewed correctly.
- Implement a robust Knowledge Management model including maintenance of SOPs, process/policy change management, training of new joiners and ongoing training of existing Team.
- Ensure timely escalation to the management as and when required
- Drive 100% compliance to Process related Policies, Guidelines and Controls.
- Motivate and support the Team Members to meet their Goals and Objectives. Self-motivated and flexible with working hours. Identify HIPO's from immediate team and have well charted out plans for them in place
- Identify and drive Process improvements and other initiatives.
- Ability to work under pressure and deal with high volumes.
- Identifying alternatives,



options and different ways of looking at issues/problems and to seek alternative scenario's
- Strong communication skills with the ability to communicate at all levels
- Ability to identify changes to processes and procedures to improve productivity and efficiency
- Working successfully with others, valuing and utilizing the different skills and experience of colleagues from across the organization, building interdependence to achieve shared objectives and goals
- Experience in managing instances of individual performance and/or development improvement plans
- Trainings: Identify process/soft skills based trainings to improve individual performances or as part of growth plans, Ensure learning plans are in place and that there are no breaches on mandatory/compliance training timelines
- Back up/Team depth: Ensure backups/ team depth is on the high side with production backups identified & trained on critical work queues
- Performance feedback: Ensure constructive performance feedback is passed on to the TM/OA layer each month with specific improvement areas documented & tracked to closure. Escalate where no improvement is noticed
- Hiring: Assist with process hiring to backfill attrition or for new functional roles

Eligibility :

- Bachelor's degree with a minimum of 10-12 years of relevant loan servicing work preferably for syndicated loans or experience in a back office/financial industry
- Candidates with knowledge of loan systems like loan IQ will hold an added advantage
- Candidates must have knowledge of nostro/cash matching, General Ledger reconciliation and SWIFT and remittance systems
- Strong problem solving and investigative skills to undertake analysis, resolve issues/problems related to the process
- Strong risk & control mindset
- Knowledge of investment banking products including Loans
- Experience in driving small to medium d projects with robust results
- Strong people and performance management skills.
- Strong escalation management skills

Benefits of working as a Loan Servicing Associate in Bangalore:

● Company offers great benefits
● Opportunities to grow
● Advantageous package

📌 Loan Servicing Associate - Hiring Immediately (Bengaluru)
🏢 Leading
📍 Bengaluru