Employment Type : Full-Time
Under general supervision (but works independently often) responsible for coordinating the account administration for banking clients consisting of high-net-worth individuals, family offices and businesses; responds to client inquiries; assists Banking Relationship Managers with the evaluation of new loan opportunities; manages credit approval process by submitting and reviewing requests for underwriting and loan documentation; produces reports and assists in transaction processing.
Responsible for assisting Relationship Managers with client portfolios and internal administration of accounts; communicates regularly with clients; attends client meetings and presentations; and assists Relationship Managers with sales support, including business development plans and presentations.1.Proactively engages in the loan renewal process by reviewing reports of maturing credits and coordinates the receipt of required information from client for renewal process.2.Prepares credit memos and, as appropriate, makes credit presentations at credit committee.3.Develops and maintains working knowledge of loan agreements, financial statements and other documentation required to monitor client relationships.4.Is well versed in the compliance requirements for new accounts and relationships. Prepares compliance certificates, monitors loan document deficiencies and reviews compliance reports for adherence to policy and procedures.5.Reviews loan documents, submits loans requests for evaluation, may attend loan closings to help review documentation with clients, follows up on missing loan documentation.6.Coordinates due diligence on loans, such as ordering of appraisals and other items necessary for loan approval and booking.7.Helps Relationship Managers’ identify clients’ needs and cross-sell opportunities.8.Coordinates with and assists the Relationship Associates/ Account Managers and service team on deposit related transaction processing and to execute daily client transaction activity including account opening, exception clearing, overdrafts, fees, payments and borrowing; handles inquiry resolution; obtains appropriate documentation necessary for credit underwriting, monitoring and credit file maintenance; requests and ensures systems information is up-to-date; execution of client servicing events, communicating with clients and other internal and external partners.9.Develops and maintains a working knowledge of various business applications critical to relationship management including client on-line tools.10.Oversees development of appropriate action plans for client servicing and coordinates with other team members across disciplines to ensure execution and follow-up.11.Identifies service efficiency enhancements, process improvements and service delivery using creative and proactive measures.12.Carries out complex activities with significant financial, client and/or internal business impact. Knowledge/Skills
Bachelor’s degree with a finance or accounting degree preferred
Formal credit training is required
Minimum of one-year experience performing credit analysis and underwriting
Knowledge of banking products and services is required.
Knowledge of internal banking functions.
Analytical, problem solving, and organizational skills required.
About Northern Trust:
Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With over 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Working with Us:
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!
We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why we are honored to receive the following awards in 2021:
We’d love to learn more about how your interests and experience could be a fit with one of America’s best banks and most sustainable companies! Build your career with us and apply today.