Credit and Loan Servicing Associate Manager

JP Morgan Services India Pvt Ltd

Bengaluru/Bangalore

Not disclosed

Work from Office

Full Time

Min. 8 years

Job Details

Job Description

Loan Servicing Associate

The Credit & Loan Servicing Manager – Associate plays a crucial role in the Loans group, responsible for delivering on key operational tasks and driving excellence. This position offers valuable exposure to a wide range of banking processes, contributing to the seamless operation and success of our financial services. Join our dynamic team to make a significant impact and support our clients in a collaborative environment.

Job Summary

As a Credit & Loan Servicing Manager – Associate within the Loans group, you will be responsible for closely monitoring and guiding your team to ensure all Service Level Agreements (SLAs) are consistently met. You will oversee a variety of processes, including Deal Closing, Drawdowns, Rollovers, Repayments, Pre-payments, Funding, Rate-Fixings, Fees, and external payments. This role offers a unique opportunity to enhance your skills in managing Nostro & Past Due Reconciliation and make a significant impact on our operations.

Job Responsibilities

  • Monitor the team daily to ensure all SLAs are met and escalate exceptions immediately for resolution.
  • Supervise processes such as Deal Closing, Drawdowns, Rollovers, Repayments, and Nostro & Past Due Reconciliation.
  • Ensure adherence to quality and quantity SLAs and maintain a robust workflow allocation model.
  • Serve as the SME, handling complex process-related queries and routing them to onshore teams if needed.
  • Implement a robust Knowledge Management model, including SOP maintenance and training.
  • Drive 100% compliance with process-related policies, guidelines, and controls.
  • Motivate and support team members to meet goals, identifying high-potential employees and planning for their development.
  • Identify alternatives and options for issues, seeking alternative scenarios.
  • Work successfully with others, valuing diverse skills and building interdependence.
  • Identify training needs to improve performance and ensure compliance with training timelines.
  • Ensure high team depth with trained backups for critical work queues.

Required qualifications, capabilities, and skills

  • Hold a Bachelor's degree with minimum 8 years of relevant experience in credit support or loan servicing, ideally in syndicated loans or financial industry roles.
  • Gain knowledge of loan systems such as Loan IQ.
  • Possess expertise in nostro/cash matching, General Ledger reconciliation, and SWIFT/remittance systems.
  • Demonstrate strong problem-solving and investigative skills to analyze and resolve process-related issues.
  • Maintain a robust risk and control mindset.
  • Understand investment banking products, including loans.
  • Drive small to medium-sized projects, achieving strong results.

Preferred qualifications, capabilities, and skills

  • Influence and lead conversations with stakeholders effectively.
  • Demonstrate executive presence by summarizing, recommending, and presenting issues and solutions to senior management and executive leadership.
  • 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.
  • Collaborate across teams to drive process improvements and operational excellence.
  • Exhibit adaptability and leadership in a dynamic, fast-paced environment

Job role

Work location

Bengaluru, 33436-JPMorgan Chase & Co Towers A,, Parcel 9, Embassy Tech Village, Outer Ring Road, Deverabeesanhalli Village, Varthur Hobli, Bengaluru, Karnataka, India

Department

Banking / Insurance / Financial Services

Role / Category

Banking Operations

Employment type

Full Time

Shift

Day Shift

Job requirements

Experience

Min. 8 years

About company

Name

JP Morgan Services India Pvt Ltd

Job posted by JP Morgan Services India Pvt Ltd

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