Sr. Analyst, Special Assets Trust Loan Group
Sr. Analyst, Special Assets Trust Loan Group
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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.
Job Title: Sr. Analyst Special Assets - Trust Loan Group
Description:
The key responsibilities of the role include:
Perform research and resolve inquires timely and accurately related to loan transaction processing set ups etc.
Ability to process loan/liability set ups timely and accurately ensuring loan/liability is set up on FIS and Trust Servicing systems.
Review daily reports to identify and correct any issues on loans/liabilities that may arise between FIS and IMS systems. Notify trust loan team of discrepancies for follow up.
Process loan payments received within 24 hours of receipt and within daily timeframes for processing. Ensure all loan information is updated accurately after payment processing. Review and process the Trust Liability Payments Report daily and within daily timeframes for processing.
Submit all loan documentation received for new loan/liability setups to imaging and follow up documents have been imaged correctly.
Performs compliance functions as directed by division management.
Completes other administrative functions as needed or requested.
Assists with the resolution of audit and regulatory issues as required within agreed timeframes.
Identifies assesses and escalates compliance issues/concerns to supervisor.
Able to facilitate discussions and reach decisions.
Assists with system development testing and training as needed.
Maintain mastery of and assists with the documentation of policies and procedures.
Additional opportunities for growth within the role could include:
Assists asset managers with the management of the specialty assets for the Trust Loan Group.
Track due dates deadlines and expirations and work with asset managers to insure timely completion of tasks.
Assists Asset Managers in the collection of information necessary for the completion of Annual Investment Reviews communicating as necessary with partners and outside third parties.
Qualifications:
The successful candidate will benefit from having:
A College or University degree and 1-3 years of proven work experience is preferred but not required.
Knowledge of specific area of practice useful usually acquired through formal education or work experience.
Proficient in the use of Excel and maintaining spreadsheets.
Analytical and communication skills required to analyze and summarize information and effectively communicate with partners and third parties.
Organizational skills required to coordinate compliance activities and strong attention to detail.
Ability to work efficiently and accurately when workload is heavy.
Able to deliver a work product that requires minimal revisions.
Able to facilitate discussions make recommendations and reach decisions.
Motivated to gather and analyzes data to identify and solve complex problems that arise with little or no precedent.
Work Hours: 7:00 am to 3:30 pm. This role is 5-day in-office position in the Phoenix office.
Salary Range:
$53010 - 84930 USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension) health and welfare benefits (medical dental vision spending accounts and disability) paid time off parental and caregiver leave life & accident insurance and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
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 andapply 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:
Senior IC
Employment Type
Full-Time
