Hybrid Credit Portfolio Manager: Risk & Growth

ACCA Careers; Chicago (IL); Hybrid; USD 68,000 - 112,000; Full time

Job summary

Northern Trust in Chicago, IL seeks a Credit Portfolio Manager to oversee credit product risk and profitability for a portfolio of credit clients, monitor loan performance, and assist Relationship Managers with financial analysis and underwriting. The role requires 3–5 years in financial/credit analysis, strong analytical and communication skills, and knowledge of finance, accounting and investments.

This is a hybrid role with in-office and remote work, with a salary range of $67,500–$111,500

Qualifications

• In-depth knowledge of finance, accounting and investments generally gained through formal education or experience.
• Knowledge of industry laws and regulations related to credit risk.
• Strong analytical and communication abilities to prepare credit presentations.
• Proficiency in preparing financial spreadsheets.

Responsibilities

• Manages credit product risk and profitability for a portfolio of credit clients and monitors loan performance to ensure loan quality.
• Supports Relationship Managers through financial/credit analysis and underwriting.
• Researches financial statements and investment holdings for liquidity and creditworthiness.
• Evaluates holdings/portfolios and personal financial statements for liquidity and collateral support.
• Prepares and presents written credit memoranda for credit approval.
• Coordinates preparation and execution of legal documentation with Relationship Manager and provides updates on client credit quality.

Skills

Credit analysis

Financial analysis

Analytical skills

Communication skills

Job description

Northern Trust in Chicago, IL seeks a Credit Portfolio Manager to oversee credit product risk and profitability for a portfolio of credit clients, monitor loan performance, and assist Relationship Managers with financial analysis and underwriting. The role requires 3–5 years in financial/credit analysis, strong analytical and communication skills, and knowledge of finance, accounting and investments.

This is a hybrid role with in-office and remote work, with a salary range of $67,500–$111,500