Northern Trust

Northern Trust

Senior Credit Portfolio Manager - Global Family Office (GFO)

Chicago, IL · Senior

No sponsorship$74k-$126kDetected 1 day ago
AccountingCommunication

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odds of building a lasting career here

47Sponsors, lottery-bound
Cap-exempt (no lottery)0
Sponsors this role78
Entry-level history0
PERM / green-card track0
Lottery odds (Level II)66
Fits your clock70

Sponsors, but it's cap-subject — you still face the weighted lottery (~30% per draw at Level II). Good if you win; have a cap-exempt backup on your list.

Lottery odds assume a STEM candidate.

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About the role

  • Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity.
  • The Credit Portfolio Manager will be responsible for managing credit product risk and profitability for a portfolio of credit clients and monitoring loan performance to ensure that loan quality adheres to guidelines.
  • Assists Relationship Managers in marketing credit to clients.

Responsibilities

  • Manages credit product risk and profitability for a portfolio of credit clients and monitors loan performance to ensure that loan quality adheres to guidelines.
  • Supports Relationship Managers through financial/credit analysis and credit underwriting.
  • Evaluates investment holdings/portfolios and personal financial statements for liquidity, collateral support, repayment sources and creditworthiness.
  • Implements appropriate pricing and covenants on credit facilities in conjunction with the Relationship Manager and monitors covenant compliance, document and periodic deficiencies and short margin reports.
  • Trains, mentors and guides Rotational Development Program (RDP) Partners and less experienced CPMs.

Requirements

  • Knowledge of applicable industry laws and regulations, usually acquired through prior experience, is required to review credit risk.
  • Analytical and communication skills are required to determine credit risk and to prepare credit presentations.
  • Personal computer skills are required to prepare financial spreadsheets.
  • Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future.

Compensation

  • $74,200 - 126,200 USD
  • Salary range is a good faith estimate of base pay.

Benefits

  • In-depth knowledge of finance, accounting and investments usually acquired through formal education or experience is required to analyze and evaluate financial statements.
  • Northern Trust also provides a discretionary bonus program that may include an equity component.
  • 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.
  • Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities.

Company info

  • Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture.

Equal opportunity

  • Reasonable Accommodation
  • 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.

Visa & 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).

This listing is sourced directly from Northern Trust's careers page and normalized into a canonical job model.