Sr Analyst, Loan Ops

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

Job summary

Northern Trust is seeking a Loan Operations professional in Tempe to specialize in processing and servicing mortgage and commercial loans. The role emphasizes accuracy, financial impact, and collaboration with cross-functional teams.

The successful candidate will contribute to audits, propose efficiency improvements, and serve as a subject matter expert. A college degree and familiarity with banking procedures are preferred.

Qualifications

• Excellent oral and written communication skills are required.
• Problem-solving skills are preferred.
• Attention to detail and accuracy are required.
• Understanding of banking procedures is required.
• Knowledge of custody services terminology is preferred.

Responsibilities

• Process transactions involving booking and servicing mortgage loans and commercial loans for clients.
• Provide input to process changes to improve operational efficiency.
• Identify, document and disseminate new procedures and controls for the Loan Ops team.
• Assist in preparation of documentation required for audits within the Loan Ops team.
• Carry out complex activities with significant financial, client, and/or internal business impact.
• Serve as a key subject matter expert and mentor to junior employees.
• Be technically sound in area of expertise and have broader knowledge of other areas.
• Deliver a work product that requires minimal revision.
• Facilitate discussions and help reach decisions.

Skills

Excellent communication

Problem-solving

Attention to detail

Interpersonal skills

Understanding banking procedures

Education

Bachelor's degree or college degree

Related industry qualification / or studying towards

Job description

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.

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

Salary range is a good faith estimate of base pay. 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.