Senior Credit Portfolio Manager, Global Family Office, Northern Trust, Chicago
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Northern Trust's Global Family Office (GFO) is hiring a Senior Credit Portfolio Manager in Chicago to manage credit product risk and profitability for a portfolio of credit clients
- financial and credit analysis, underwriting, credit memoranda, legal documentation, covenant monitoring and mentoring rotational-program partners. Requires 5-7 years in financial and/or credit analysis with strong finance, accounting and investment knowledge.
This office-based role requires on-site performance of duties. The Credit Portfolio Manager manages credit product risk and profitability for a portfolio of credit clients while monitoring loan performance to ensure quality adherence to guidelines.
Key Responsibilities
Manage credit product risk and profitability, monitoring loan performance against guidelines
Support Relationship Managers through financial/credit analysis and credit underwriting
Research and analyze financial statements and investment holdings, evaluating liquidity, collateral support and creditworthiness
Prepare and present written credit memoranda for credit approval
Coordinate legal documentation preparation and execution with banking advisors
Collect client information, complete financial-statement spreadsheets and prepare projections
Implement pricing and covenants and monitor covenant compliance
Travel to client locations and participate in virtual meetings
Train and mentor rotational development-program partners
Required Qualifications
5-7 years in financial and/or credit analysis
In-depth knowledge of finance, accounting and investments
Knowledge of applicable industry laws and regulations
Analytical and communication skills
Personal-computer proficiency
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