Loan Servicing Specialist II

Job Description

Join our Loans group as a Loan Servicing Specialist and become an essential part of a high-performing team. This role offers hands-on experience in banking operations, providing exposure to a variety of financial services. Be part of a collaborative environment where your contributions drive our success.

Job Summary

As a Loan Servicing Specialist within the Loans group, you will execute critical servicing tasks to support our financial operations. You will handle processes such as Cash Operations, Loan Setup & Maintenance, and Loan Account Management, ensuring all activities meet established Service Level Agreements. This role offers valuable opportunities to develop your skills and make a significant impact on our team’s performance.

Job Responsibilities

• Consistently meet established Quality and Quantity SLAs.
• Ensure full compliance with process-related policies, guidelines, and controls.
• Complete all servicing transactions within the SLA on the same day.
• Promptly follow up with upstream and downstream partners for missing notifications.
• Pay close attention to detail to ensure accurate processing of documents.
• Identify process changes to enhance productivity and efficiency.
• Accurately maintain loan records and documentation.
• Collaborate with team members to resolve servicing issues.
• Communicate effectively with internal and external stakeholders.
• Monitor and report on loan servicing metrics as required.
• Support continuous improvement initiatives within the team.
  
  

Required Qualifications, Skills And Capabilities

• Hold a bachelor’s degree in Finance or a related field, or possess equivalent work experience.
• Demonstrate 0+ months of experience in the Financial Services industry with a record of delivery.
• Understand business financial statements, cash flow capacity, and loans across various industries.
• Exhibit strong research, analytical, and comprehension skills for analyzing large data sets.
• Manage clients effectively, build partnerships, and engage with multiple stakeholders.
• Apply effective time management and prioritization skills to meet business objectives.
• Communicate clearly and work independently on multiple assignments.
  
  

Preferred Qualifications, Skills And Capabilities

• Build relationships with clients, internal partners, and peers effectively.
• Recognize and escalate issues or problems promptly.
• Develop domain knowledge and demonstrate strong interpersonal skills.
• Apply analytical thinking and problem-solving skills effectively.
• Understand the product lifecycle and area product management thoroughly.
• Adapt quickly to changing priorities and business needs.
• Contribute proactively to team initiatives and process improvements.
  
  

ABOUT US

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About The Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.