Strategic Credit Portfolio Manager (Hybrid)

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

Benefits offered by this job

401k and pension

Medical, dental and vision coverage

Paid time off

Parental and caregiver leave

Job summary

Northern Trust in Chicago, IL is seeking a Credit Portfolio Manager to oversee credit risk and profitability for a portfolio of clients, while supporting Relationship Managers with financial analysis and underwriting.

The role requires evaluating liquidity, creditworthiness, and investment holdings, preparing credit memoranda, and coordinating legal documentation. A hybrid schedule applies, with travel to client locations as needed.

Qualifications

• In-depth knowledge of finance, accounting and investments.
• Knowledge of industry laws and regulations to review credit risk.
• Analytical and communication skills to assess risk and prepare presentations.
• Personal computer skills to prepare financial spreadsheets.
• Experience: 3-5 years in financial and/or credit analysis.

Responsibilities

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

Skills

Finance knowledge

Investments

Credit analysis

Analytical skills

Communication skills

Job description

Northern Trust in Chicago, IL is seeking a Credit Portfolio Manager to oversee credit risk and profitability for a portfolio of clients, while supporting Relationship Managers with financial analysis and underwriting.

The role requires evaluating liquidity, creditworthiness, and investment holdings, preparing credit memoranda, and coordinating legal documentation. A hybrid schedule applies, with travel to client locations as needed.