Wholesale Lending Services (WLS) supports several lines of businesses that include Business Banking, Commercial Bank, Global Wealth Management, and Investment Bank.

Located in Chicago, the Bilateral Deal Setup & Funding Team, within WLS, is a high-volume production-based operations function responsible for booking & funding of new loans, renewals, and amendments/modifications for bilateral commercial loan products. The team also performs system maintenance transactions as art of loan restructures. Key loan accounting systems used within Deal Setup are Loan IQ, ACBS and VLS.

Job summary

Wholesale Lending Services (WLS) supports several lines of businesses that include Business Banking, Commercial Bank, Global Wealth Management, and Investment Bank.

Located in Chicago, the Bilateral Deal Setup & Funding Team, within WLS, is a high-volume production-based operations function responsible for booking & funding of new loans, renewals, and amendments/modifications for bilateral commercial loan products. The team also performs system maintenance transactions as art of loan restructures. Key loan accounting systems used within Deal Setup are Loan IQ, ACBS and VLS.

Job Responsibilities

The Quality Control Specialist is responsible for reviewing documentation and approving loan transactions in various forms on the applicable commercial loan system. Candidates will also be asked to participate in projects assigned by the Manager. High volumes and daily deadlines are routine for this role.

Daily Responsibilities (include, not limited to):

• Review of documentation to ensure compliance, credit, audit, and funding/pre-funding requirements are met.
• Review of approved and executed documents to ensure approval is consistent with executed documents.
• Quality Review and Approval of new loan bookings, renewals, and modifications on commercial loan system
• Quality Review and Approval of loan fundings, wires, payments and rate updates
• Ensure processed work is in compliance with procedures
• Use of multiple loan systems and multiple supporting systems to complete quality review
• Communicating and clarifying information regarding submitted items with processing teams
• Responsible for meeting service level expectations in addition to team and individual goals

Required qualifications, capabilities, and skills

• Successful completion of all periodic High Value Business Entitlements (HBVE) background checks
• A college degree or 2-3 years of Financial services or Operations experience required
• Strong analytical, problem solving and judgment skills
• Excellent verbal and written communication skills
• Ability to organize and prioritize work, and handle multiple tasks concurrently in a metrics driven environment
• Understands the importance of details and seeks to understand their impacts; methodical approach to tasks; procedure/process oriented.
• Works with a sense of urgency; seeks out and adapts to best practices; seeks constant improvement; motivated by personal and departmental goals.
• Demonstrate the ability to function in a joint, cooperative manner; share information with co-workers and peers and support department and team plans, programs and policies
• Support a teamwork/team spirit environment and present a professional attitude/image within department and in all company interactions
• Ability to effectively multi-task and prioritize workloads, while working within tight service levels.
• Proficient in use of all MS Office programs; can navigate multiple applications making use of shortcuts; can quickly adopt new systems.
• Preferred prior experience in Quality & Control, Commercial Loan Booking & Funding or Loan Processing.
• OT required occasionally

JPMorgan Chase & Co., 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

Equal Opportunity Employer/Disability/Veterans