Senior Portfolio Banker - Global Family Office Practice International
Senior Portfolio Banker - Global Family Office Practice International
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1 Vacancy
Job Description
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 worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.
About Northern Trust Global Family Office Practice GFO:
Northern Trust Global Family & Investment Office Group GFO sits at the intersection of our primary lines of business and is a flagship practice dedicated to the highly specialised needs of family offices and the families they serve. Our specialised and differentiated capability set allows us to provide top tier services to some of the most prominent families in the world. Serving over 500 families globally GFO is a strategic growth priority business with International expansion a core component.
Role/ Department:
Responsible for managing a large portfolio of complex client relationships in EMEA and APAC. This position services and broadens relationships of existing clients in the areas of credit and deposit services. Manages complex credit and deposit relationships for family office clients. Develops and cultivates relationships with new and existing clients becoming a trusted advisor. Gains an intimate understanding of the client and clients family enabling a consultative relationship to provide solutions and develop new banking fiduciary and investment management opportunities.
The key responsibilities of the role include:
- Manage and grow a portfolio of some of the most complex credit relationships for our international Family Office clients in EMEA and APAC.
- Develop and maintain an understanding of cross border lending issues including legal compliance regulatory fiduciary and balance sheet implications for credit services provided to family office clients outside the US.
- Develop and maintain an understanding of the variety of client structures and jurisdictions and deliver appropriate credit solutions. Acts as key contact to clients senior management for evaluation and implementation of financing strategies through creative ideas and problem solving.
- Review and understand clients investment portfolio and asset pool which will inform structure of the credit facilities.
- Engage the relevant relationship teams credit risk treasury and compliance partners in structuring new facilities. Prepare and review term sheets for clients.
- Coordinates commercial/custom approval process by submitting requests for underwriting and loan documentation and proactively engages in the renewal process by reviewing reports of maturing credits and coordinates the receipt of required information from client for renewal process.
- Develops and maintains a solid understanding of loan agreements actively engages in complex legal negotiations with clients.
- Able to act as a subject matter expert for all international credit activity and act as a resource for other cross functional teams on the ground.
- Manage compliance with banking regulations policies and procedures credit quality and credit policy requirements. Work with internal fiduciary teams for conflict reviews when appropriate.
- Works with internal teams for appropriate booking of loans and associated loan fees and assists in collection and booking of fees.
- Proactively works and communicates with client on emerging issues bank products/services and legal/regulatory changes translating the impact on our clients activities and banking services.
- Proactively Identifies opportunities and develops an on-going marketing strategy for specific clients.
- Applies in-depth knowledge of credit policy banking products as well as risk management in providing the best solutions and developing new opportunities.
Experience/ Knowledge/ Skills Required:
- At least 10 years credit and relationship management experience as well as financial analysis and client servicing experience or commercial lending or leasing experience.
- Acts as a resource for colleagues with less experience.
- May lead functional teams or projects with moderate resource requirements risk and/or complexity.
- In-depth knowledge of finance and relevant business segment specific issues are required to manage client relationships.
- Knowledge of applicable industry laws and regulations and completion of the lending program is required to evaluate credit risk.
- Knowledge and understanding of various investment vehicles and the investment industry landscape.
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.
Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
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 .
We hope youre 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.
Required Experience:
Exec
Employment Type
Full-Time
