Northern Trust: A Fortune 500 Company

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.

Major Duties:

- Conduct credit reviews for assigned components of the plan, focusing on validating the effectiveness of the Corporation’s credit rating system, covering the Corporation’s loan portfolios and credit risk associated with bank deposits (domestic and foreign), investment securities, and other counterparty risk exposures.

- Evaluate adherence and effectiveness of the Advanced Internal Ratings Based (AIRB) approach for assigned reviews in the plan.

- Participate in developing the business unit strategic plan and set goals and priorities based on the direction set for the team. Follow through to ensure objectives are met.

- Counsel lenders and business unit credit officers on specific loan situations, addressing problem loans.

- Advise senior credit and loan personnel on the company's overall credit policy, noting significant trends and recommending policy changes if necessary.

- Conduct on-site reviews of credit portfolios and counterparty risk exposures to ensure quality of credits, accurate and thorough documentation, and compliance with internal credit policies/procedures and federal/state banking laws and regulations.

- Frequently interact with partners in credit and banking and senior management at affiliate offices to review audit and examination results.

- Stay abreast of economic, political, and legislative factors that could affect the quality of loan portfolios.

Competencies:

- 4 or more years of experience in commercial lending credit reviews, including collateral audit and loan documentation reviews, counterparty credit review experience, etc. BASEL II AIRB implementation experience is a plus.

- Strong knowledge of credit analysis, credit policies, procedures, documentation requirements, and applicable laws and regulations.

- Analytical skills to analyze the risk of credit portfolios and report to management.

- Proven leadership, organizational, and communication skills to execute assigned reviews and report related results.

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 embolden 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.

Reasonable Accommodation:

Northern Trust is committed to providing reasonable accommodations to individuals with disabilities. If you need 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. For further information and to apply, please visit our website.