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.

Job Summary:
Responsible for underwriting and evaluating credit requests for commercial, corporate and not for profit entities. Partnering with bankers and relationship managers in underwriting and preparing loan memoranda for new loans, renewals, restructures, reviews and amendments within policy guidelines. Research and analyze pertinent financial statements of businesses and other entities.

Major Responsibilities:
1. Review entity financials/annual reports and other supporting financial data to accurately prepare spreads in Moody’s Credit Lens  (MCL).

2. Analyze the entity financials/annual reports, quarterly statements and other supporting financial data to determine the financial position and creditworthiness of the subject entity.

3. Perform credit analysis of large or key clients that require thorough understanding of credit. 

4. Evaluate and underwrite credit requests across commercial, corporate and not for profit entities. 

5. Partner with Bankers, Relationship Managers and other internal clients through financial/credit analysis and identification of risk factors. Add value to ultimate client relationship by providing timely response and quality underwriting in coordination with client needs.

6. Perform quality check of the spreads / reports completed by the junior analysts and ensure they are as per the guidelines.

Knowledge Skills:
Significant knowledge of U.S. finance and accounting usually acquired through formal education and appropriate experience required to analyze and evaluate financial statements. Knowledge of applicable industry laws and regulations required to review operational, credit and business risk. Analytical and communication skills (verbal and written) are required to analyze entities’ operating performance and prepare presentations. Good working knowledge of MS Word and Excel. Attention to detail, organizational skills and ability to work independently.

Experience Required:
2-4 years of banking or other financial/credit analysis related experience. 

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.