Senior Credit Portfolio Manager - Global Family Office

Northern Trust
Chicago
Workplace: OnsiteFull timeUSD 74,200 - 126,200 annuallyFunction: Capital Markets, Trading & QuantExperience: 5-7 yearsSkills: ["Analytical thinking","Communication","Credit underwriting","Risk assessment","Mentoring"]

Manage credit product risk and profitability for a portfolio of family office credit clients by monitoring loan performance and ensuring credit quality aligns with guidelines. Support relationship managers with credit underwriting and financial/credit analysis, including evaluating liquidity, collateral, repayment sources, and preparing credit memoranda for approvals. Coordinate legal documentation, track covenant compliance, and provide ongoing portfolio updates while mentoring rotational partners and less-experienced CPMs.

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FursaFursa
Northern Trust
Northern Trust
3 days ago

Senior Credit Portfolio Manager - Global Family Office

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Job Summary

Manage credit product risk and profitability for a portfolio of family office credit clients by monitoring loan performance and ensuring credit quality aligns with guidelines. Support relationship managers with credit underwriting and financial/credit analysis, including evaluating liquidity, collateral, repayment sources, and preparing credit memoranda for approvals. Coordinate legal documentation, track covenant compliance, and provide ongoing portfolio updates while mentoring rotational partners and 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 while monitoring loan performance and loan quality.
  • •Support relationship managers through financial/credit analysis and credit underwriting.
  • •Research and analyze financial statements and investment holdings/portfolios, including evaluating liquidity, collateral support, repayment sources, and creditworthiness.
  • •Prepare and present written credit memoranda for credit approval and coordinate legal documentation with client stakeholders.
  • •Implement and monitor pricing, covenants, and covenant compliance; provide periodic credit-quality updates and ensure documents and reports are completed.

Pay and Benefits

Salary: USD 74,200 - 126,200 annually
Perks:401kPensionHealth InsuranceDentalVisionPaid LeaveParental LeaveCaregiver LeaveLife InsuranceDisability

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 yearsFinanceCredit analysisInvestment holdings
Skills:Analytical thinkingCommunicationCredit underwritingRisk assessmentMentoring
Tech Stack:Financial spreadsheets

Eligibility

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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