Loan Documentation Analyst

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.

We have a balanced hybrid working model to ensure you get the flexibility you needand the successful candidate will spend their time between working in the office and working from home.

The Loan Documentation Analyst assures that documentation of the corporations loan portfolio is complete and accurate to protect bank assets. Reviews loan documentation for new loans audits loan documentation for existing loans and tracks incoming documentation to ensure deadlines are met. Develops and recommends new procedures and operational controls to protect loan documentation and customer information.

Key responsibilities include:

1. Reviews legal and administrative documents of all new renewed and increased loans to ensure that they support the approved loan structure.

2. Before loan funding is allowed determines the level of waiver action required when documentation deficiencies are discovered.

3. Using a computer system monitors all existing documentation deficiencies and the receipt of time-sensitive documentation during the term of all loans.

4. Reviews all trailing documentation to ensure it is properly executed and recorded if appropriate.

5. Reports the status of documentation deficiencies to account officers and management using the loan documentation units computer systems report capabilities.

6. Interacts with legal and account officers to clarify unfamiliar or questionable loan documentation.

7. Reviews appropriate documentation files and records for selected existing loans to determine compliance with established bank and legal guidelines.

8. Prepares summary reports of each existing loan audited for review by division and appropriate senior management.

9. Develops and recommends new procedures and operational controls to protect loan documentation and customer information.

The successful candidate will benefit from having:

• Knowledge of personal and commercial loan documentation usually acquired through previous experience in loan documentation is required to review loan documentation.

• Knowledge of commercial banking systems usually acquired through experience is required to extract information from various systems for analysis.

• Analytical and computer skills are required to analyze documentation identify deficiencies prepare reports and work with system databases.

• 2 years loan documentation or related experience.

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.