International Lender & Portfolio Manager

About Northern Trust:

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

As a Northern Trust employee (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 that is committed to strengthening the communities we serve.

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you would benefit from adjustments for any part of the employment process, please inform the recruiter to discuss your individual requirements.

We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018.

Role/ Department:

The International Lender & Portfolio Manager is a credit trained relationship professional that will be responsible for providing credit product expertise in support of Northern Trust’s Global Custody and Global Fund Services clients.

The primary activities of the role consist of managing all aspects of commercial loan products primarily targeted toward collective investment schemes and their sponsors.

This includes credit focused relationship management and sales support, credit facility structuring, underwriting, legal negotiation, monitoring and reporting.

Other major duties include:

Relationship Management/Sales Support

• Serves as the primary client contact point for credit products and internal sponsor for client credit related matters, taking the lead in recommending and organizing appropriate credit actions.
• Communicates credit strategy, credit risk appetites and appropriate credit facility structures to both internal and external clients.
• Participates and when necessary leads client solicitation and presentation meetings.
• Performs credit research and assists with calls on clients and prospects in coordination with custody relationship staff and sales personnel.
• Reviews and negotiate credit legal documentation.

Credit Portfolio/Risk Management

• Assumes primary responsibility for credit risk management aspects of assigned relationships: researches and analyzes pertinent financial and legal details as part of evaluating a client's suitability and or borrower's creditworthiness.
• Demonstrates a high degree of understanding in respect of the credit and operating risks associated with the client relationship: structures credit arrangements to mitigate significant/manageable risks while satisfying client needs.
• Prepares written credit approval requests and presents them to credit approval committees. Reviews, analyses, and monitoring should reflect a risk-based approach to credit.
• Ensure credit requests are handled such that facilities are reviewed at least annually and credit requests are completed in a timely manner.
• Manage individual client exposure levels based on exposure guidelines and client risk profiles in consultation with custody relationship managers to appropriately maximize the risk return relationship.
• Where applicable, understand and track the composition of each syndicated credit bank group and the services provided by each bank.
• Monitor clients for changes in risk and update management on key issues that impact credit quality.

The successful candidate will benefit from having:

• Proven commercial lending experience
• Prior experience lending to collective investment schemes is desired.
• Formal credit training
• Demonstrated analytical and communication skills
• Custody knowledge and familiarity with foreign exchange preferred
• Knowledge of finance, accounting, commercial loan structures and associated legal documentation
• Highly detail oriented
• Knowledge of the banking industry – custody knowledge highly beneficial
• International awareness and interest
• Comfortable with legal and regulatory issues
• PC literate – Excel/Word

Working with Us:

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and ethical companies. In return, we will support you with your personal and career goals in a number of ways:

Financial – Life Assurance, Disability Plan, Pension/ Gratuity, Annual Pay Review

Work Life Balance – Flexible Work Options, Incremental Annual Leave, Community Volunteer Days

Health & Wellbeing – Private Medical Insurance, Active Sports & Social clubs (lunchtime and after-work groups), Employee Assistance Program

Professional Development – Clear Career Path, Education Assistance, Recognition Programme, NT University (wide range of online, virtual & in-house training options) and employee-led Business Resource Councils dedicated to diversity and inclusion initiatives.

And Finally

We hope you’re excited about the role and the opportunity to work with us.

We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

For further information, and to apply, please visit our website via the “Apply” button below.