Northern Trust

2 days ago

Sr. Portfolio Banker - Global Family Office (GFO)

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 1 hour agoStatus: Live

Job Summary

Provide credit and banking support for new and existing Global Family and Private Investment Office (GFO) relationships. Manage complex credit and deposit relationships, structure and negotiate loan agreements, analyze and negotiate key lending terms, and oversee financing documentation. Cultivate client relationships with GFO Wealth Strategists and COIs, advise on goals-driven wealth management, and coordinate delivery of client service across the bank while solving complex credit issues.

Location: Chicago

Workplace: Onsite

Employment Type: Full time

Job Function: Banking, Lending & Credit

Seniority: Mid level

Key Responsibilities

•Provide credit and banking services to new GFO relationships and expand relationships for existing GFO banking clients.
•Manage complex credit and deposit relationships for large and complex family offices and generational family members.
•Structure and negotiate complex loan agreements under Credit Policy guidelines and handle preparation of financing documentation.
•Analyze and negotiate loan terms including pricing, covenants, interest rates, collateral advance rates, borrowing bases, and swaps.
•Cultivate relationships with GFO Wealth Strategists and COIs, generating leads and advising clients on goals-driven wealth management.

Pay and Benefits

Salary: USD 137,400 - 233,600 annually

Equity and Bonus:Equity

Perks:401kPensionHealth InsuranceDentalVisionPaid LeaveParental LeaveLife InsuranceDisability

Key Requirements

•5–7 years in financial analysis, credit underwriting, and commercial lending with experience servicing fund and investment financing clients.
•Advanced knowledge of the banking industry, competition, and financing, typically built through formal education and experience.
•Knowledge of investments and investment structures, including private equity and hedge funds, plus trust and trust structures to create loan structures and credit terms.
•Strong negotiation, leadership, and sales skills to develop client and prospect relationships and a partner network.
•Excellent oral and written communication skills, with flexibility in a high-demand environment.

Experience:5-7 yearsBankingCredit underwritingCommercial lendingFund financingInvestment structuresPrivate equityHedge funds

Skills:NegotiationLeadershipSalesCommunicationRisk mitigation

Eligibility

Visa:H-1BL-1TNO-1E-3H-1B1F-1J-1OPTCPT

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Northern Trust

Global financial services firm providing wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and affluent individuals, with a focus on custody, investment management, and technology-driven services.

Industry: Asset Management

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Chicago, United States

Founded: 1889

Glassdoor: 3.9

Website LinkedIn

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Northern Trust

2 days ago

Sr. Portfolio Banker - Global Family Office (GFO)

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 1 hour agoStatus: Live

Job Summary

Location: Chicago

Workplace: Onsite

Employment Type: Full time

Job Function: Banking, Lending & Credit

Seniority: Mid level

Key Responsibilities

•Provide credit and banking services to new GFO relationships and expand relationships for existing GFO banking clients.
•Manage complex credit and deposit relationships for large and complex family offices and generational family members.
•Structure and negotiate complex loan agreements under Credit Policy guidelines and handle preparation of financing documentation.
•Analyze and negotiate loan terms including pricing, covenants, interest rates, collateral advance rates, borrowing bases, and swaps.
•Cultivate relationships with GFO Wealth Strategists and COIs, generating leads and advising clients on goals-driven wealth management.

Pay and Benefits

Salary: USD 137,400 - 233,600 annually

Equity and Bonus:Equity

Perks:401kPensionHealth InsuranceDentalVisionPaid LeaveParental LeaveLife InsuranceDisability

Key Requirements

•5–7 years in financial analysis, credit underwriting, and commercial lending with experience servicing fund and investment financing clients.
•Advanced knowledge of the banking industry, competition, and financing, typically built through formal education and experience.
•Knowledge of investments and investment structures, including private equity and hedge funds, plus trust and trust structures to create loan structures and credit terms.
•Strong negotiation, leadership, and sales skills to develop client and prospect relationships and a partner network.
•Excellent oral and written communication skills, with flexibility in a high-demand environment.

Experience:5-7 yearsBankingCredit underwritingCommercial lendingFund financingInvestment structuresPrivate equityHedge funds

Skills:NegotiationLeadershipSalesCommunicationRisk mitigation

Eligibility

Visa:H-1BL-1TNO-1E-3H-1B1F-1J-1OPTCPT

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Northern Trust

Industry: Asset Management

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Chicago, United States

Founded: 1889

Glassdoor: 3.9

Website LinkedIn