Sr. Analyst, Special Assets - Trust Loan Group

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.

Job Title: Sr. Analyst, Special Assets - Trust Loan Group

Description:

The key responsibilities of the role include:

- Perform research and resolve inquires timely and accurately related to loan transaction processing, set ups, etc.

- Ability to process loan/liability set ups timely and accurately ensuring loan/liability is set up on FIS and Trust Servicing systems.

- Review daily reports to identify and correct any issues on loans/liabilities that may arise between FIS and IMS systems. Notify trust loan team of discrepancies for follow up.

- Process loan payments received within 24 hours of receipt and within daily timeframes for processing. Ensure all loan information is updated accurately after payment processing. Review and process the Trust Liability Payments Report daily and within daily timeframes for processing.

- Submit all loan documentation received for new loan/liability setups to imaging and follow up documents have been imaged correctly.

- Performs compliance functions as directed by division management.

- Completes other administrative functions as needed or requested.

- Assists with the resolution of audit and regulatory issues as required within agreed timeframes.

- Identifies, assesses and escalates compliance issues/concerns to supervisor.

- Able to facilitate discussions and reach decisions.