Sr Analyst, Loan Ops

ntrs; Tempe (AZ); On-site; USD 45,000 - 68,000; Full time

Job summary

Northern Trust is seeking an experienced Loan Operations professional to join our global wealth management and banking services team. You will process transactions involving mortgage and commercial loans, contribute to efficiency improvements, and uphold strict controls for audits.

As a trusted subject-matter expert, you will mentor junior colleagues, apply banking procedures knowledge, and help ensure accuracy in every financial treatment within a collaborative, inclusive workplace.

Qualifications

• Excellent oral and written communication skills are required.
• Understanding of banking procedures is required.
• Knowledge on financial instruments and basic terminology related to custody services is preferred.
• Good interpersonal skills are required.
• A College or University degree and/or some relevant work experience is preferred.

Responsibilities

• Responsible for processing transactions involving booking and servicing mortgage loans, commercial loans for clients
• Provide input to process changes which would result in greater operational efficiency
• Identify, document and disseminate new procedures and controls for the Loan Ops team
• Assists in preparation of documentation required for audits within the Loan Ops team
• Carries out complex activities with significant financial, client, and/or internal business impact
• Able to serve as a key subject matter expert and mentor to other more junior level employees
• More technically sound in area of expertise and has broader knowledge of other areas
• Delivers a work product that requires less revision
• Able to facilitate discussions and reach decisions

Skills

Communication

Problem solving

Attention to detail

Banking procedures knowledge

Interpersonal skills

Financial instruments knowledge

Education

College degree preferred

Job description

About Northern TrustAs 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.

Major Duties

• Responsible for processing transactions involving booking and servicing mortgage loans, commercial loans for clients
• Provide input to process changes which would result in greater operational efficiency
• Identify, document and disseminate new procedures and controls for the Loan Ops team
• Assists in preparation of documentation required for audits within the Loan Ops team
• Carries out complex activities with significant financial, client, and/or internal business impact
• Able to serve as a key subject matter expert and mentor to other more junior level employees
• More technically sound in area of expertise and has broader knowledge of other areas
• Delivers a work product that requires less revision
• Able to facilitate discussions and reach decisions

Knowledge

• Excellent oral and written communication skills are required

Analytical

• Problem-solving skills are required / preferred
• Attention to detail and accuracy is required
• Understanding of banking procedures is required
• Knowledge on financial instruments and basic terminology related to custody services is preferred
• Good interpersonal skills are required

Experience

• A College or University degree and/or some relevant work experience is preferred.
• Related Industry qualification / or studying towards, is preferred

Salary Range

$45,125 - 67,735 USD

• Northern Trust provides a comprehensive benefits package including 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, and other voluntary and well-being benefits.
• Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

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.