Commercial Banking - Wholesale Lending Services - Collateral Release Document Processing Specialist (Chicago, IL)


: $119,393.33 - $178,020.00 /year *

Employment Type

: Full-Time


: Financial Services - Banking/Investment/Finance

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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. A component of the Dow Jones Industrial Average, JPMorgan
Chase & Co. serves millions of consumers in the United States and many of
the world s most prominent corporate, institutional and government clients
under its JPMorgan Chase & Co brands. JPMorgan Chase & committed
to providing a comprehensive set of benefits choices to meet different employee
needs and lifestyles, which include choices such as Flexible Work Arrangements
with periodic work from home and non-standard business hours, fully paid
parental leave time, health care insurance and retirement benefits.

Commercial Banking serves more than 30,000 clients, including
corporations, municipalities, financial institutions, and not-for-profit
entities with annual revenues generally ranging from $20 million to $2 billion.
The Firm's broad platform positions the Commercial Bank to deliver extensive
product capabilities - lending, treasury services, investment banking, and
asset management - to meet our clients' domestic and international financial

As a Collateral Release Document Processing Specialist,
your responsibilities would include:
Conduct extensive system
research and draft collateral releases for WLS.
Review and understand JPMC
approval requirements for releasing collateral.
Perform reconciliations of
collateral items against loan systems and research outages.
Researches and responds to
internal inquiries for prompt customer resolution.
Key and update collateral
information on the applicable collateral system.
Understand and adhere to Bank
policies and procedures.
Adhere to compliance and
regulatory requirements.
Meet and exceed established
Service Level Agreements.
Exercising judgment, discretion
and prioritization.
Participate in projects and
working groups as requiredOther duties as assigned.Qualifications
3-4 years of prior loan
operations experience in a banking or financial services industry.
Strong knowledge of loan
documentation required; paralegal certificate a plus.
Detail Oriented- Understands
the importance of details and seeks to understand their impacts; takes
methodical approach to tasks.
Works with a sense of urgency;
seeks out and adapts to best practices; seeks constant improvement;
motivated by personal and departmental goals.
Exceptional internal and
external customer service skills.
Team Oriented- Readily shares
information with peers and managers; can teach others; willing to assist
wherever needed: works toward team success and goals.
Proficient in Microsoft Office
Commercial Loan systems
knowledge including, but not limited to, ACBS, Loan IQ, VLS, RLOTS, and
Ability to work independently
and in a group setting to ensure team s objectives are met.

Associated topics: collections officer, credit, file, loan, loan clerk, loan closer, mortgage, mortgage process, verify, verification * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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