CIB-Wholesale Payments-Escrow-Deal Negotiator-VP


: $180,165.00 - $180,165.00 /year *

Employment Type

: Full-Time


: Sales

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CIB-Wholesale Payments-Escrow-Deal Negotiator-VP

Req #: 190086303

Location: New York, NY, US

Job Category: Account Servicing

Job Description:

J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. The Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

This position, reporting to the New York based Middle Office Manager, is responsible for managing the large portfolio of Escrow client relationships.

New Business Activities

* Understand the business purpose and deal structure for new business referrals
* Review and negotiate governing documents with internal counsel as needed
* Interact with client's external counsel to negotiate escrow contracts in a proactive and professional manner ensuring that the risk profile of JPMorgan is protected while also ensuring that the needs of the client with respect to responsiveness and timely closing are met
* Work with team members to ensure deal information is set up on all operating systems and contractual obligations denoted
* Identify and follow up on all escrow and bank business opportunities
* Ensure the potential risk and liability being assumed by JPMorgan under each agreement is within guidelines
* Understand all duties to be performed by JPMorgan under each agreement

Relationship Management

* Act as the primary point of contact for allocated clients
* Manage the retention of client relationships
* Provide and promote strong and proactive customer service by responding quickly to client requests, offering solutions to client needs, and developing meaningful client relationships
* Escalate any issues promptly on identification
* Look for opportunities to involve client in key business initiatives
* Provide support to Sales on new business prospects as required

Bachelor's Degree

* 6-8 year's work experience in financial services, preferably in Escrow
* Experience in legal contract negotiation, preferably escrow contracts
* Demonstrated sales and strong customer service orientation
* Highly motivated
* Team Player
* Strong document review and leadership skills
* Strong verbal and written communication skills
* Experience in independent decision making
* Compliance and regulatory experience helpful
* Excellent organizational skills
* Excellent PC Skills including Word, Excel

Associated topics: fiduciary, finance, financial product, financial service, investment analyst, mortgage, payment, payment management solution, securities, security * 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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