Senior Credit Portfolio Manager - Global Family Office (GFO)

Northern Trust
Chicago
Workplace: OnsiteFull timeUSD 74,200 - 126,200 annuallyFunction: Capital Markets, Trading & QuantExperience: 5-7 yearsSkills: ["Analytical skills","Communication skills","Mentoring","Training"]

Manage credit product risk and profitability for a portfolio of credit clients, monitoring loan performance to ensure quality aligns with guidelines. Partner with Relationship Managers on credit underwriting and financial analysis, researching holdings and liquidity, evaluating creditworthiness, and preparing credit memoranda for approval. Coordinate legal documentation, maintain covenant/pricing compliance, track deficiencies, and provide periodic credit quality updates, while mentoring less experienced CPMs.

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Northern Trust
Northern Trust
6 days ago

Senior Credit Portfolio Manager - Global Family Office (GFO)

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Last checked: 12 hours agoStatus: Live

Job Summary

Manage credit product risk and profitability for a portfolio of credit clients, monitoring loan performance to ensure quality aligns with guidelines. Partner with Relationship Managers on credit underwriting and financial analysis, researching holdings and liquidity, evaluating creditworthiness, and preparing credit memoranda for approval. Coordinate legal documentation, maintain covenant/pricing compliance, track deficiencies, and provide periodic credit quality updates, while mentoring less experienced CPMs.
Location: Chicago
Workplace: Onsite
Employment Type: Full time
Job Function: Capital Markets, Trading & Quant
Seniority: Mid level

Key Responsibilities

  • •Manage credit product risk and profitability for a portfolio of credit clients and monitor loan performance to ensure loan quality adheres to guidelines.
  • •Support Relationship Managers with financial/credit analysis and credit underwriting.
  • •Research and analyze financial statements and investment holdings/portfolios; evaluate liquidity, collateral support, repayment sources, and creditworthiness.
  • •Prepare and present written credit memoranda for credit approval and coordinate preparation/execution of legal documentation.
  • •Implement and monitor pricing, covenants, covenant compliance, document and periodic deficiencies, and short margin reports; mentor/train less experienced CPMs.

Pay and Benefits

Salary: USD 74,200 - 126,200 annually
Perks:401kPensionHealth InsuranceDentalVisionSpending AccountsDisabilityPaid LeaveParental LeaveLife Insurance

Key Requirements

  • •5-7 years in financial and/or credit analysis.
  • •In-depth knowledge of finance, accounting, and investments to analyze and evaluate financial statements.
  • •Knowledge of applicable industry laws and regulations to review credit risk.
  • •Analytical and communication skills to determine credit risk and prepare credit presentations.
  • •Personal computer skills to prepare financial spreadsheets.
Experience:5-7 years
Skills:Analytical skillsCommunication skillsMentoringTraining
Tech Stack:Spreadsheets

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
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Glassdoor: 3.9
WebsiteLinkedIn