Strategic Credit Portfolio Lead

ACCA Careers; Chicago (IL); On-site; USD 74,000 - 126,000; Full time

Job summary

Northern Trust is seeking a Sr. Credit Portfolio Manager to oversee credit risk and profitability for a portfolio of clients. The role requires coordinating with Relationship Managers, analyzing financial statements, and presenting credit memoranda for approvals.

The successful candidate will monitor liquidity and creditworthiness, collaborate on legal documentation, and provide ongoing client updates, with a focus on accuracy and prudent risk management.

Qualifications

• 5-7 years of financial and/or credit analysis experience.
• Knowledge of finance, accounting and investments.
• Familiarity with industry laws and credit risk review.
• Analytical and communication skills to prepare credit presentations.
• Ability to prepare financial spreadsheets.

Responsibilities

• Manage credit product risk and profitability for a portfolio of credit clients.
• Support Relationship Managers with financial/credit analysis and underwriting.
• Research financial statements and investment holdings to assess liquidity and creditworthiness.
• Prepare and present written credit memoranda for credit approval.
• Coordinate legal documentation with banking team and monitor client credit quality.

Skills

Financial analysis

Credit analysis

Analytical thinking

Communication skills

Spreadsheet proficiency

Tools

Excel

Job description

Northern Trust is seeking a Sr. Credit Portfolio Manager to oversee credit risk and profitability for a portfolio of clients. The role requires coordinating with Relationship Managers, analyzing financial statements, and presenting credit memoranda for approvals.

The successful candidate will monitor liquidity and creditworthiness, collaborate on legal documentation, and provide ongoing client updates, with a focus on accuracy and prudent risk management.