Senior Credit Underwriting and Analysis Analyst

Northern Trust; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Northern Trust is seeking a Senior Analyst in Bangalore to conduct in-depth credit analysis for high-net-worth individuals, private entities, not-for-profits, and real estate clients. You will prepare robust credit reports, support underwriting decisions, and mentor junior staff.

The role requires 2–4 years in financial spreading and credit memo underwriting, with strong analytical abilities and excellent communication.

Qualifications

• 2–4 years of experience in financial spreading and credit memo underwriting.
• Familiarity with lending products such as lines of credit and term loans.
• Strong financial analysis and analytical skills.
• Ability to present financials clearly and tell the story behind numbers.
• Research issues and provide a solution-based approach.
• Excellent verbal and written communication, and partnering skills.
• Ability to coach and mentor junior analysts.

Responsibilities

• Conduct in-depth credit analysis of HNWIs, private businesses, and real estate clients.
• Prepare comprehensive credit reports with strong independence.
• Monitor borrower performance and conduct annual reviews.
• Mentor junior analysts and ensure quality standards.
• Collaborate with relationship managers to structure tailored credit facilities.
• Adhere to Northern Trust's credit policies and controls.
• Stay informed on market, regulatory changes, and risk factors.

Skills

Financial analysis

Credit underwriting

Time management

Communication skills

Mentoring

Education

Graduation or above in finance/ accounting/ business

CFA

FRM

CMA

Tools

Moody's Credit Lens

MS Excel

MS Word

Microsoft 365 tools

Job description

Senior Analyst, Credit Underwriting & Analysis - Bangalore

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Job Summary

Under general supervision (while working independently most of the time), the Senior Analyst - Credit Risk in Wealth Management is responsible for conducting in-depth credit analysis of high-net-worth individuals (HNWIs), privately held businesses, not-for-profit organizations, and commercial real estate clients. The Senior Analyst will analyze financial data using tools such as Moody's Credit Lens, assess creditworthiness, and develop credit analysis reports to support underwriting and lending decisions. In this role, the Senior Analyst manages complex credit analysis assignments, mentors junior analysts, and ensures the accuracy and quality of credit spreads. The Senior Analyst also works on strategic and special projects identified by management. Collaboration with relationship managers and internal stakeholders is required to structure credit facilities that align with clients’ wealth management goals while adhering to Northern Trust's risk management. This position offers exposure to sophisticated financial products, a dynamic work environment, and opportunities to develop expertise in credit analysis for the wealth management sector.

Major Duties

• Analyzes financial statements, credit reports, and economic data to assess the creditworthiness of individuals or businesses.
• Prepares comprehensive credit reports with a high degree of independence, focusing on operational performance, financial health, and identification of key risk mitigants.
• Monitors borrower performance and ensures timely identification of potential risks by conducting thorough annual reviews.
• Mentors junior analysts to ensure adherence to established standards and guidelines.
• Contributes to division-wide initiatives and special projects as assigned by management.
• Collaborates with onshore partners and relationship managers to develop tailored credit solutions.
• Ensures adherence to Northern Trust's credit policies, compliance standards, process-related guidelines, and controls.
• Consistently adheres to established QUALITY & QUANTITY SLAs.
• Stays informed about market trends, regulatory changes, and economic factors affecting credit risk.
• Pays attention to detail to ensure all documents are processed correctly.
• Identifies process changes to improve productivity and efficiency.

Qualifications

• Graduation or above degree in finance, accounting, or business administration (or equivalent)
• Additional certifications such as CFA, FRM, CMA, etc., are considered advantageous but are not mandatory.

Experience & Skills

• 2 - 4 years of experience in financial spreading and credit memo underwriting, strong financial analysis and analytical skills. Familiarity with lending products such as lines of credit and term loans is required.
• Excellent time management skills, with the ability to multitask, work independently, and handle competing priorities under pressure.
• Ability to present information in a clear and concise manner, effectively telling the story behind financials in a compelling way.
• Ability to research issues/problems and provide a 'solution-based' approach.
• Excellent verbal and written communication and partnering skills. A confident and personable attitude with the ability to communicate effectively with onshore relationship managers and other stakeholders.
• Self-motivated individual to go beyond immediate responsibilities.
• Familiarity with Moody's Credit Lens or similar credit spreading tools. Proficiency in MS Excel and MS Word and other Microsoft 365 tools.
• Capability to coach and mentor junior team members.

Shift Coverage

EMEA - 12:30PM to 9:30PM IST

About the Team

This position is within the Financial Risk Division, organizationally aligned under Global Risk. The department plays a pivotal role in the credit underwriting process, monitoring loans, assessing risks across credit portfolios thereby safeguarding the organization’s financial stability by ensuring rigorous credit analysis, adherence to regulatory standards, and the implementation of robust risk mitigation strategies. Through its oversight and expertise, the Financial Risk Division contributes significantly to the institution’s overall risk management framework, supporting prudent lending decisions and promoting long-term organizational resilience. The Credit Services division serves the Northern Trust Wealth Management customers including Global Family Office clients through a range of lending services, including but not limited to Secured, Unsecured loans to Individuals, and their privately held entities, and Commercial Real estate lending.

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 committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail] , or alternatively you can discuss your individual requirements with the recruiter you are working with.

About Our Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees. In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.

Experience Level

Senior Level