Credit Portfolio Manager

Credit Portfolio Manager

The key responsibilities of the role include:

• Manages credit risk for a portfolio of commercial credit clients and monitors loan performance to ensure that loan quality adheres to guidelines.
• Supports Relationship Managers through financial/credit analysis.
• Researches and analyzes pertinent financial statements. Evaluates a company’s financial risk, business risk, and overall creditworthiness. Prepares written credit memoranda for credit committee approval. When required, presents verbally at credit committee.
• Collects all necessary client prepared information and completes client financial statement spreadsheets and projections of a company’s financial condition.
• Evaluates financial and nonfinancial covenants for credit facilities and monitors covenant compliance.
• Reviews legal documentation and provides periodic updates of company credit quality to Credit Policy.
• On an on-going basis, monitors client loan portfolios to ensure that loan quality adheres to guidelines.
• Conducts due diligence through company lender meetings and/or discussion with relationship managers.
• Travels to client locations as required. Travel is expected to be minimal.

The successful candidate will benefit from having:

• Knowledge of finance and accounting usually acquired through formal education or experience is required to analyze and evaluate financial statements.
• Analytical and communication skills are required to determine credit risk and to prepare credit presentations.
• Personal computer skills are required to prepare Excel financial spreadsheets and Word documents.
• 1-5 years in credit/financial analysis on companies.

Salary Range: $67,500 - 111,500 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