Portfolio Banker

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 world’s 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 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Responsible for coordinating the account administration for Banking clients; responds to client inquiries, produces reports and oversees transaction processing. Also responsible for assisting Private Bankers in business development; creating client presentations and coordinating with the CSST servicing team. Resolves all types of operational or processing issues.

The key responsibilities of the role include:

 

• Manages complex banking, credit and treasury management client relationships and identifies opportunities for investment management and fiduciary services

• Acts as key contact to client’s senior management for evaluation and implementation of financing strategies and treasury management practices through creative ideas and problem solving

• Communicates with client on emerging issues, bank products/services, and legal/regulatory changes translating the impact on our client’s activities and banking services

• Identifies opportunities and develops an on-going marketing strategy for specific clients.

• Responds to inquiries from clients and ensures resolution of service or operations issues. Documents in eRM to maintain record of problem and resolution

• Advises and consults with clients as it relates to Goals Driven Wealth Management

• Applies in-depth knowledge of credit policy, banking products as well as risk management in providing the best solutions and developing new opportunities

• Assists borrowers in managing risk, including interest rate risk thru the use special pricing conditions and interest rates Swaps

• Carries out activities that are large in scope, cross-functional and technically difficult

• Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities

• Responsible for direct interaction with different committees and/or management

• Solves complex problems

Successful candidate will benefit from having the following competencies:

• At least 3+ years in financial analysis and client servicing experience, or commercial lending or leasing experience In-depth knowledge of finance and relevant business segment specific issues are required to manage client relationships.
• Knowledge of applicable industry laws and regulations and completion of the lending program is required to evaluate credit risk.
• Strong interpersonal and consultative skills and ability to develop new business required.
• Excellent oral and written communication skills are required.
• Highly flexible and adaptable to change.
• Acts as a resource for colleagues with less experience.
• May lead small projects with manageable risks and resource requirements

Salary Range:

$94,620 - 160,740 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.

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.

We’d love to learn more about how your interests and experience could be a fit with one of the world