Associate Banking Advisor

Northern Trust; Washington (Washington County); On-site; USD 115,000 - 195,000; Full time

Benefits offered by this job

401k

Health insurance

PTO

Parental leave

Life insurance

Bonus program

Job summary

Northern Trust is seeking a Senior Relationship/Portfolio Support professional in the United States to assist Portfolio Banking Advisors and Banking Relationship Advisors with client portfolios, meetings, and business development efforts. The role emphasizes credit underwriting, account administration, and cross-functional coordination to deliver superior client service.

The successful candidate will have at least 5+ years in financial services with credit analysis exposure, strong analytical

Qualifications

• Knowledge of banking products and services.
• Credit underwriting experience (through banking roles).
• Analytical, problem solving, and organizational skills required.

Responsibilities

• Assists Banking Advisors with client portfolios and presentations.
• Manages client relationships and supports credit underwriting and underwriting documentation.
• Coordinates with Account Managers and CSST on deposits and daily client transactions.
• Documents services provided and communications with clients to manage daily activity.
• Develops action plans for client servicing and coordinates with team members for execution.
• Reviews loan documents and supports renewal and compliance processes.

Skills

Analytical

Problem solving

Organizational skills

Client communication

Job description

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

1. Assists the Portfolio Banking Advisors and Banking Relationship Advisors with client portfolios and internal administration of accounts; communicates regularly with clients, attends client meetings and presentations and assists Relationship Managers with business development plans and client presentations
2. As appropriate, manages a portfolio of clients and makes credit presentations at Group Credit Committee.
3. Coordinates with the Account Managers and CSST on deposit related transaction processing and to execute daily client transaction activity including account opening, exception clearing, overdrafts, fees, payments and borrowing; handles inquiry resolution; obtains appropriate documentation necessary for credit underwriting, monitoring and credit file maintenance; requests and ensures systems information is up-to-date; execution of client servicing events, communicating with clients and other internal and external partners
4. Oversees development of appropriate action plans for client servicing and coordinates with other team members across disciplines to ensure execution and follow-up
5. Documents services provided, specialized procedures and ongoing written communications with client as appropriate in managing daily activity
6. Develops clear understanding of clients need behind service requests and communicates to service partners. Obtains appropriate information from partners and client to facilitate service changes or transactions
7. Assists Relationship Managers with internal administration of accounts, business development and client presentations for Banking
8. Identifies service efficiency enhancements, process improvements and service delivery using creative and proactive measures
9. Communicates with clients regularly to inform them of account set-up or status, past due loans, document requests or other information
10. Develops and maintains working knowledge of loan agreements, financial statements and other documentation required to monitor client relationships
11. Is well versed in the compliance requirements for new accounts and relationships. Prepares compliance certificates, monitors loan document deficiencies and reviews compliance reports for adherence to policy and procedures
12. Reviews loan documents, submits loans requests for evaluation, may attend loan closings to help review documentation with clients, follows up on missing loan documentation
13. Develops and maintains a working knowledge of various business applications critical to relationship management including client on-line tools
14. Participates in inter-discipline training within the office/region. Acts as a technical resource or expert for other account managers on process or procedures for delivery of service
15. Coordinates commercial/custom approval process by submitting requests for underwriting and loan documentation and proactively engages in the renewal process by reviewing reports of maturing credits and coordinates the receipt of required information from client for renewal process
16. Coordinates due diligence on loans such as obtaining money market rates, ordering of appraisals and other items necessary for loan approval and booking
17. Carries out complex activities with significant financial, client and/or internal business impact
18. May have direct interaction with committees and/or Senior Management
19. Able to serve as a key subject matter expert and mentor to other more junior level employees
20. May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role)
21. More technically sound in area of expertise and has broader knowledge of other areas
22. Delivers a work product that requires less revision
23. Able to facilitate discussions and reach decisions

Knowledge

Knowledge of banking products and services is required. Credit underwriting experience is required (obtained through working in the National Credit Services Center or at another financial institution). Knowledge of internal banking functions. Analytical, problem solving, and organizational skills required.

Experience

5+ years’ experience, or equivalent, in financial servicing/accounting fields with client servicing background. Formal credit training is required with a minimum of one year experience performing credit analysis and underwriting

Salary Range

$114,540 - 194,580 USD

Salary range is a good faith estimate of base pay.

• retirement benefits (401k and pension)
• health and welfare benefits (medical, dental, vision, spending accounts and disability)
• paid time off
• parental and caregiver leave
• life & accident insurance
• other voluntary and well-being benefits
• discretionary bonus program that may include an equity component

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 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.

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 [e-mail].