Loan Documentation Analyst

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

The Loan Documentation Analyst assures that documentation of the corporation''s 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.

Major Duties :

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 unit''s computer system''s 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.

Knowledge :

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

Able 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.

Experience :2 years loan documentation or related

experience.

Salary Range:

$52,800 - 79,200 USD

Salary 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.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp ntrs.com , or alternatively you can discuss your individual requirements with the recruiter you are working with.