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.
Underwriter, Private Banking
The successful candidate is responsible for underwriting and evaluating credit requests within the Wealth Management unit of Northern Trust, including but not limited to personal, commercial, and real estate credit exposures.
The role partners with bankers/relationship managers in underwriting and preparing loan memoranda to identify risks and mitigating factors while adhering to policy guidelines. The role is responsible for researching and analyzing pertinent financial statements of individuals, businesses, and other entities.
Additional Duties:
Partners with other Underwriters and Team Leader to meet standards of underwriting quality, client servicing, and productivity.Spreads, researches and analyzes pertinent financial statements. Evaluates an entity's capacity, aptitude of management, and creditworthiness where appropriate. Prepares and presents written credit memoranda for credit approval.Helps identify potential changes to credit structure based on risks identified.Completes special projects as required.Knowledge/Skills:
Bachelors in finance or accounting or equivalent experience3- 5 years in personal, commercial, or commercial real estate financial analysis. Completion of formal bank credit training program is also valued.Knowledge of finance and accounting usually acquired through formal education or experience is required to analyze and evaluate financial statements and tax returns.Knowledge of applicable industry laws and regulations, usually acquired through prior experience is required to review credit risk.Analytical and communication skills are required to determine credit risk and to prepare credit presentations.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.