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Commercial Loan Closing Associate

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: JPMorganChase
Commission-based only position
Listed on 2026-07-01
Job specializations:
  • Finance & Banking
    Financial Analyst, Banking Operations, Financial Compliance, Loan Servicing
Salary/Wage Range or Industry Benchmark: 55000 - 75000 USD Yearly USD 55000.00 75000.00 YEAR
Job Description & How to Apply Below
Position: Commercial Loan Closing Associate I

Loan Closing Associate I

Fuel complex syndicated loan closings from setup to funding where accuracy, pace, and partnership directly shape client outcomes. You will help deliver a seamless closing experience by coordinating documentation, payments, and post-close controls alongside key stakeholders.

Job responsibilities
  • Collaborate across teams to interpret loan documentation and support accurate setup and processing of new deals
  • Coordinate principal and fee-related closing payments
  • Gather and validate required documentation prior to closing in partnership with transaction coordinators and other stakeholders
  • Manage and prioritize a pipeline of assigned transactions to meet closing timelines
  • Reconcile and govern exception reporting for recently closed transactions
  • Analyze amendments to agreements and/or deal structure changes and communicate impacts to account managers
  • Provide accurate data while maintaining a low quality control error rate
  • Escalate risks, issues, and timeline concerns early, with clear options and recommended actions
Required qualifications, capabilities, and skills
  • 3 years of commercial loan operations experience, including reading and interpreting loan documentation
  • Excellent oral and written communication skills
  • Strong interpersonal skills and comfort engaging with clients and internal partners
  • Solid working knowledge of Microsoft Office (Excel, Word, PowerPoint)
  • Strong time management, organization, and prioritization skills
  • Ability to work independently within a team environment
  • Strong analytical, problem-solving, and decision-making skills
  • A self-motivated, team-oriented mindset
Preferred qualifications, capabilities, and skills
  • Syndicated loan experience
  • Loan IQ experience
About Us

JPMorgan

Chase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans.

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.

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Position Requirements
10+ Years work experience
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