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 & Co.is 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 needs.
Primary functions for the role include monitoring the collateral of clients with asset-based loans (ABL) and providing customer service in support of the ABL loan product. The monitoring functions include: posting of borrowing bases, calculating ineligible collateral from accounts receivable agings and posting to the collateral monitoring system, identifying and analyzing of collateral changes/trends, reviewing and if necessary balancing cash collateral accounts. The customer service functions include: processing loan advances, loan balancing, updating advance rates and other loan information, and calculating of interest and fees according to loan documentation. Additionally, individual will be responsible for answering questions for both internal and external clients, and monitoring the receipt and tracking of supporting documentation from the client.