Credit Portfolio Manager: Risk, Analysis & Growth

Northern Trust Corp; Chicago, Northern (IL, KY); Hybrid; USD 68,000 - 112,000; Full time

Benefits offered by this job

401k and pension

Health and welfare benefits

Discretionary bonus program

Job summary

Northern Trust seeks a Credit Risk Analyst to manage a portfolio of commercial clients, evaluating financial risk and loan performance using financial statements and covenants. You will collaborate with Relationship Managers to deliver thorough analyses and credit presentations.

Ideal candidates have 1–5 years of credit/financial analysis, strong Excel/Word skills, and the ability to prepare credit memoranda for committees. Some travel may be required.

Qualifications

• Knowledge of finance and accounting to analyze financial statements.
• Analytical and communication skills to assess credit risk.
• PC skills to prepare Excel spreadsheets and Word documents.
• 1–5 years in credit/financial analysis on companies.

Responsibilities

• Manage credit risk for a portfolio of commercial credit clients and monitor loan performance.
• Support Relationship Managers through financial/credit analysis.
• Research and analyze pertinent financial statements.
• Evaluate a company’s financial and business risk and overall creditworthiness.
• Prepare written credit memoranda for credit committee approval.
• Present verbally at credit committee when required.
• Collect client information and complete financial statement projections.
• Evaluate covenants and monitor covenant compliance.
• Review legal documentation and update credit quality with Credit Policy.
• Monitor client loan portfolios on an ongoing basis.
• Conduct due diligence via lender meetings and discussions with RM.
• Travel to client locations as required; travel is expected to be minimal.

Skills

Finance knowledge

Analytical skills

Communication skills

Credit analysis

Excel

Word

Tools

Excel

Word

Job description

Northern Trust seeks a Credit Risk Analyst to manage a portfolio of commercial clients, evaluating financial risk and loan performance using financial statements and covenants. You will collaborate with Relationship Managers to deliver thorough analyses and credit presentations.

Ideal candidates have 1–5 years of credit/financial analysis, strong Excel/Word skills, and the ability to prepare credit memoranda for committees. Some travel may be required.