Loan Servicing Specialist
JPMorgan Chase — Bengaluru, BENGALURU
Apply Now
Job Description
Join our Loans group as a Credit & Loan Servicing Specialist and play a key role in supporting critical banking functions. This position offers exposure to diverse operational processes and the opportunity to contribute to the success of our financial services. Be part of a collaborative team dedicated to delivering excellence and driving client satisfaction.
Job Summary
As a Credit & Loan Servicing Specialist within the Loans group, you will execute assigned operational tasks while maintaining strict compliance with Service Level Agreements (SLAs). You will manage processes such as Deal Closing, Drawdowns, Rollovers, Repayments, Pre-payments, Funding, Rate-Fixings, Fees, and external payments. This role enables you to develop expertise in Nostro & Past Due Reconciliation and make a meaningful impact on our operations.
Job Responsibilities
- Adhere to established QUALITY & QUANTITY SLAs consistently.
- Ensure 100% compliance with process-related policies, guidelines, and controls.
- Manage Deal Closing, Drawdowns, Rollovers, Repayments, and other financial processes efficiently.
- Support the secondary trading desk with trade booking and settlements.
- Liaise with bank departments and external contacts, including Borrowers and Trustees.
- Follow up promptly with agents or customers for any missing notifications.
- Complete all funding within the SLA on the same day.
- Serve as the SME and first internal point of contact for process-related queries and clarifications.
- Act as the first point of escalation for process-related issues from customers.
- Pay attention to detail to ensure all documents are processed correctly.
- Identify and implement changes to processes to improve productivity and efficiency.
Required qualifications, capabilities and skills
- Hold a bachelor's degree in finance or a related field, or possess equivalent work experience.
- Demonstrate a minimum of 6 months of experience in the financial services industry with a proven track record of delivery.
- Understand business financial statements, cash flow capacity, and loans across various industries.
- Exhibit strong research, analytical, and comprehension skills to analyze large data sets.
- Manage clients effectively, build partnerships, and lead while engaging multiple stakeholders.
- Utilize effective time management and prioritization skills to achieve business objectives.
- Communicate effectively with strong interpersonal and analytical skills, working independently on multiple assignments.
Preferred qualifications, capabilities, and skills
- Build relationships with clients, internal partners, and peers effectively.
- Recognize issues or problems that need to be escalated promptly.
- Develop domain learning and exhibit strong interpersonal and communication skills.
- Apply analytical thinking and problem-solving skills effectively.
- Understand the product lifecycle and area product management thoroughly.
- Demonstrate adaptability in a dynamic work environment.
- Collaborate across teams to drive process improvements and operational excellence.
Frequently Asked Questions
What are the eligibility criteria for the Loan Servicing Specialist job at JPMorgan Chase?
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-5 Years years of relevant experience expected for this role.
What are the primary responsibilities of a Loan Servicing Specialist at JPMorgan Chase?
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Loan Servicing Specialist at JPMorgan Chase.
Is prior experience required for this position?
This role requires around 0-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
What skills are important for this role?
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
How do I apply for the Loan Servicing Specialist role at JPMorgan Chase?
You can apply directly using the Apply Now button on this page, which will take you to JPMorgan Chase's application process for this role.