Underwriter, Private Banking
2 months ago
About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Underwriter, Private Banking
The successful candidate is responsible for underwriting and evaluating credit requests within the Wealth Management unit of Northern Trust, including but not limited to personal, commercial, and real estate credit exposures.
The role partners with bankers/relationship managers in underwriting and preparing loan memoranda to identify risks and mitigating factors while adhering to policy guidelines. The role is responsible for researching and analyzing pertinent financial statements of individuals, businesses, and other entities.
Additional Duties:
Partners with other Underwriters and Team Leader to meet standards of underwriting quality, client servicing, and productivity.
Spreads, researches and analyzes pertinent financial statements.
Evaluates an entity's capacity, aptitude of management, and creditworthiness where appropriate.
Prepares and presents written credit memoranda for credit approval.
Helps identify potential changes to credit structure based on risks identified.
Completes special projects as required.
Knowledge/Skills:
Bachelors in finance or accounting or equivalent experience
3- 5 years in personal, commercial, or commercial real estate financial analysis.
Completion of formal bank credit training program is also valued.
Knowledge of finance and accounting usually acquired through formal education or experience is required to analyze and evaluate financial statements and tax returns.
Knowledge of applicable industry laws and regulations, usually acquired through prior experience is required to review credit risk.
Analytical and communication skills are required to determine credit risk and to prepare credit presentations.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve Join a workplace with a greater purpose.
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 sustainable companies Build your career with us and apply today.
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
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.
#J-18808-Ljbffr
-
Underwriter, Private Banking
1 month ago
Chicago, United States Northern Trust Full timeAbout Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...
-
Underwriter, Private Banking
3 months ago
Chicago, United States Northern Trust Full timeAbout Northern Trust:Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring...
-
Senior Private Banking Consultant
2 weeks ago
Chicago, Illinois, United States CIBC Full timeJoin CIBC as a Private BankerAt CIBC, we are committed to fostering a relationship-driven banking experience tailored for the contemporary client. We seek dedicated and skilled professionals who prioritize the best interests of our clients.Our culture values your unique strengths and aspirations, empowering you to make a significant impact in your role. Our...
-
Chicago, Illinois, United States The Goldman Sachs Group, Inc Full timePosition Overview:At The Goldman Sachs Group, Inc., we are dedicated to empowering clients globally in realizing their financial goals. Our Wealth Management division offers a range of services, including investment advice, financial planning, and banking solutions tailored to meet the unique needs of our diverse clientele, which includes ultra-high net...
-
Chicago, United States The Goldman Sachs Group, Inc Full timeJob DescriptionWealth Management Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net...
-
Sr. Underwriter/Underwriting Manager
2 months ago
Chicago, United States AXIS Capital Full timeSenior Underwriter, Financial Institutions – Professional and Management Liability page is loaded Senior Underwriter, Financial Institutions – Professional and Management Liability Apply locations Chicago, IL time type Full time posted on Posted 9 Days Ago job requisition id REQ05455 This is your opportunity to join AXIS Capital – a trusted global...
-
Underwriter
3 months ago
Chicago, United States quickrecruit Full timeJob DescriptionJob DescriptionResponsibilities-Completes a thorough analysis of loan files to determine compliance with company, investor, and FHA/VA guidelines. Evaluates the entire credit package and collateral for residential mortgage loans and ultimately ensures an “investment” quality loan product. Checks accuracy of all calculations and data...
-
Underwriter
3 weeks ago
Chicago, United States Wintrust Financial Full timeAs the largest life insurance premium finance company in the country, Wintrust Life Finance provides customized financing solutions to qualified borrowers seeking to finance their life insurance premiums. Our financing solutions have supported numerous planning structures, including traditional wealth transfer, key-man insurance, buy-sell arrangements, split...
-
Private Banker
2 months ago
Chicago, United States Canadian Imperial Bank of Commerce Full timeWe’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are...
-
Municipal Underwriting Operations Manager
1 week ago
Chicago, Illinois, United States Huntington National Bank Full timeJob Summary:The Municipal Underwriting Operations Manager at Huntington National Bank is responsible for overseeing bond underwriting operations, specifically focusing on deal processing for Municipal Securities. Collaborating with internal and external partners, you will ensure the accurate and timely execution of transactions.Key Responsibilities:Input new...
-
Private Banker
3 months ago
Chicago, United States CIBC Full timeWe're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and...
-
Portfolio Banking Associate
4 days ago
Chicago, Illinois, United States BMO Financial Group Full timeAbout the RoleWe are seeking a highly skilled Portfolio Banking Associate to join our team at BMO Financial Group. As a key member of our banking team, you will be responsible for providing exceptional customer service and portfolio management in lending services for existing and potential clients.Key ResponsibilitiesProvide technical expertise for proactive...
-
Private Bank Client Advisor
4 days ago
Chicago, Illinois, United States Fifth Third Bank, N.A. Full timeAbout the RoleFifth Third Bank, N.A. is seeking a highly skilled and experienced Wealth Management Advisor II to join our team. As a key member of our Private Bank, you will play a critical role in delivering exceptional client service and driving business growth.Key ResponsibilitiesSales and Business Development: Develop and prospect internal and external...
-
Healthcare Banking Specialist
4 days ago
Chicago, Illinois, United States Canadian Imperial Bank of Commerce Full timeAbout the RoleWe are seeking a highly motivated and detail-oriented Commercial Banking Professional to join our team at the Canadian Imperial Bank of Commerce. As a key member of our Commercial Banking Health Care team, you will play a critical role in building enduring business partnerships with our clients.Key ResponsibilitiesComplete a comprehensive...
-
Private Credit Analyst/Senior Analyst
2 months ago
Chicago, United States Selby Jennings Full timeA leading private equity and credit investment firm with over ~$50B AUM is looking to add a Private Credit Analyst/Senior Analyst to the Upper Middle Market investment team in Chicago, IL. The Upper Middle Market investment team targets private investments between $75-$150MM across industries. This is an exciting opportunity to join a highly-regarded and...
-
Associate Underwriter
1 week ago
chicago, United States Burns & Wilcox Full timeResponsibilitiesWhen someone needs coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Our Associate Underwriters underwrite and supervise a portion of an Underwriter’s book of business, support renewal and new business development, and have the opportunity to achieve full underwriting authority. Burns & Wilcox offers...
-
Associate Underwriter
7 days ago
chicago, United States Burns & Wilcox Full timeResponsibilitiesWhen someone needs coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Our Associate Underwriters underwrite and supervise a portion of an Underwriter’s book of business, support renewal and new business development, and have the opportunity to achieve full underwriting authority. Burns & Wilcox offers...
-
Private Credit Analyst/Senior Analyst
1 month ago
Chicago, United States Selby Jennings Full timeA leading private equity and credit investment firm with over ~$50B AUM is looking to add a Private Credit Analyst/Senior Analyst to the Upper Middle Market investment team in Chicago, IL. The Upper Middle Market investment team targets private investments between $75-$150MM across industries. This is an exciting opportunity to join a highly-regarded and...
-
Private Credit Analyst/Senior Analyst
1 month ago
Chicago, Illinois, United States Selby Jennings Full timeA leading private equity and credit investment firm with over ~$50B AUM is looking to add a Private Credit Analyst/Senior Analyst to the Upper Middle Market investment team in Chicago, IL. The Upper Middle Market investment team targets private investments between $75-$150MM across industries. This is an exciting opportunity to join a highly-regarded and...
-
Private Banking Advisor IV
2 weeks ago
Chicago, Illinois, United States Huntington Bancshares Inc. Full timePosition Overview Role Summary: The Senior Client Relationship Manager plays a pivotal role within Huntington Bancshares Inc.'s Private Client Division, tasked with nurturing, servicing, and enhancing connections with a portfolio of moderately complex Wealth and Investment Management clients who do not require fiduciary oversight. Key Responsibilities:...
