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.
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 client's 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 :
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:
$74,700 - 126,900 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.
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply 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 MyHRHelp@ntrs.com.
We hope you’re 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.