Northern Trust
International Commercial Lender
Northern Trust, Chicago, Illinois, United States, 60290
About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Senior International Commercial Lender - Job Description
Summary:
This credit trained relationship professional provides credit product expertise in support of Northern Trust's Global Custody and Global Fund Services clients. Primary activities consist of managing all aspects of commercial loan products primarily targeted toward collective investment schemes and their sponsors. This includes credit focused relationship management and sales support, credit facility structuring, underwriting, legal negotiation, monitoring and reporting.
Major Duties:
Relationship Management/Sales SupportServes as the primary client contact point for credit products and internal sponsor for client credit related matters, taking the lead in recommending and organizing appropriate credit actions.Communicates credit strategy, credit risk appetites and appropriate credit facility structures to both internal and external clients.Participates and when necessary leads client solicitation and presentation meetings.Performs credit research and assists with calls on clients and prospects in coordination with custody relationship staff and sales personnel.Reviews and negotiate credit legal documentation.Credit Portfolio/Risk Management
Assumes primary responsibility for credit risk management aspects of assigned relationships: researches and analyzes pertinent financial and legal details as part of evaluating a client's suitability and or borrower's creditworthiness.Demonstrates a high degree of understanding in respect of the credit and operating risks associated with the client relationship: structures credit arrangements to mitigate significant/manageable risks while satisfying client needs.Prepares written credit approval requests and presents them to credit approval committees. Reviews, analyses, and monitoring should reflect a risk-based approach to credit.Ensure credit requests are handled such that facilities are reviewed at least annually and credit requests are completed in a timely manner.Manage individual client exposure levels based on exposure guidelines and client risk profiles in consultation with custody relationship managers to appropriately maximize the risk return relationship.Where applicable, understand and track the composition of each syndicated credit bank group and the services provided by each bank.Monitor clients for changes in risk and update management on key issues that impact credit quality.Knowledge/Skills:
Knowledge of finance, accounting, commercial loan structures and associated legal documentationAnalytical and communications skillsHighly detail orientedKnowledge of the banking industry - custody knowledge highly beneficialInternational awareness and interestComfortable with legal and regulatory issuesPC literate - Excel/WordExperience Required:
10+ years commercial lending experience. Experience lending to collective investment schemes is desired.Formal credit trainingStrong demonstrated analytical and communication skillsCustody knowledge and familiarity with foreign exchange preferred
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Senior International Commercial Lender - Job Description
Summary:
This credit trained relationship professional provides credit product expertise in support of Northern Trust's Global Custody and Global Fund Services clients. Primary activities consist of managing all aspects of commercial loan products primarily targeted toward collective investment schemes and their sponsors. This includes credit focused relationship management and sales support, credit facility structuring, underwriting, legal negotiation, monitoring and reporting.
Major Duties:
Relationship Management/Sales SupportServes as the primary client contact point for credit products and internal sponsor for client credit related matters, taking the lead in recommending and organizing appropriate credit actions.Communicates credit strategy, credit risk appetites and appropriate credit facility structures to both internal and external clients.Participates and when necessary leads client solicitation and presentation meetings.Performs credit research and assists with calls on clients and prospects in coordination with custody relationship staff and sales personnel.Reviews and negotiate credit legal documentation.Credit Portfolio/Risk Management
Assumes primary responsibility for credit risk management aspects of assigned relationships: researches and analyzes pertinent financial and legal details as part of evaluating a client's suitability and or borrower's creditworthiness.Demonstrates a high degree of understanding in respect of the credit and operating risks associated with the client relationship: structures credit arrangements to mitigate significant/manageable risks while satisfying client needs.Prepares written credit approval requests and presents them to credit approval committees. Reviews, analyses, and monitoring should reflect a risk-based approach to credit.Ensure credit requests are handled such that facilities are reviewed at least annually and credit requests are completed in a timely manner.Manage individual client exposure levels based on exposure guidelines and client risk profiles in consultation with custody relationship managers to appropriately maximize the risk return relationship.Where applicable, understand and track the composition of each syndicated credit bank group and the services provided by each bank.Monitor clients for changes in risk and update management on key issues that impact credit quality.Knowledge/Skills:
Knowledge of finance, accounting, commercial loan structures and associated legal documentationAnalytical and communications skillsHighly detail orientedKnowledge of the banking industry - custody knowledge highly beneficialInternational awareness and interestComfortable with legal and regulatory issuesPC literate - Excel/WordExperience Required:
10+ years commercial lending experience. Experience lending to collective investment schemes is desired.Formal credit trainingStrong demonstrated analytical and communication skillsCustody knowledge and familiarity with foreign exchange preferred
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.