Syndicated Loan Sr Consultant
Chicago, IL - USA
Job Summary
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.
Summary
The Syndicated Loan Senior Consultant is a member of the Loan Operations team that provides comprehensive in-depth consulting support and leadership to the team and business partners. The Senior Consultant carries out activities and projects that are larger in scope cross-functional and technically difficult. The role is balanced between high level operational execution of syndicated loan activities and development as well as implementation of strategic business function activities. The Syndicated Loan Senior Consultant plays a key role ensuring service quality and is seen as a key advisor on significant business decisions related to BAU.
Working Model: Hybrid
We have a balanced hybrid working model to ensure you get the flexibility you need and the successful candidate will spend their time between working in the office and working from home.
Major Duties
Drive the development maintenance and adoption of standard desktop procedures.
Perform root cause analysis and escalate repetitive operational problems to management works to resolve via formal action plan.
Works effectively both as a team member as well as an independent self-motivated individual.
Responsible for multiple projects of various complexities. Effective project coordination skills planning and stakeholder communication.
Responsible for undertaking audits to collate data and coordinate between multiple businesses and auditors
Assist with the on-boarding and training of new partners able to cross-train junior level partners on other functions as well as provide back up as needed.
Serve as a key subject matter expert on NT as agent syndicated loan deals within Loan Operations and stakeholders across business units.
Identify opportunities for improvement within existing processes.
Serve as a coach and mentor to junior level partners on both operational processes as well issue analysis and resolution.
Independently build relationships with internal frontline and client contacts.
Responsible for understanding clients end-to-end process flows business needs and deliverables.
Resolve client issues or inquiries with limited input.
Understand current Service Level Agreements (SLAs) that are directly related to syndicated loan fundings/payments participant fundings/payments and booking into ACBS.
As an individual contributor continue to build and maintain effective working relationships with key internal and external partners.
Should be flexible to extend support on BAU whenever there is a business requirement
Periodically reviews the procedure documents / checklists
Frequently comes up with process enhancements / control measures and suggestions of improving the existing process flows
Knowledge :
- Excellent oral and written communication skills
- Knowledge of Syndicated Loan products and Banking products.
- Knowledge on applications including ACBS EDM workflow DSM workflow and MTS would be preferred.
- Analytical and problem solving skills
- Highly flexible and adaptable to change
- Attention to detail
- Works with a sense of urgency
- #LI-GG1
- #LI-Hybrid
Experience :
Minimum 9-11 years of syndicated loan processing and administration experience
Should be flexible for shifts and extended working hours
Strong understanding of Risk Audit and Compliance factors
Salary Range:
$74700 - 126900 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
About Company
Discover Northern Trust’s trusted financial services for individuals, families, and institutions. Guided by service, expertise, and integrity since 1889, we offer wealth management, asset servicing, and investment solutions tailored to your goals.