Associate Banking Advisor

Job Summary:
Under general supervision (but works independently most of the time) responsible for coordinating the account administration for Banking clients; responds to client inquiries, produces reports and oversees transaction processing. Also responsible for assisting Relationship Managers in business development; creating client presentations and coordinating with the Account Managers and CSST servicing team.
Major Duties
1.Assists the Portfolio Banking Advisors and Banking Relationship Advisors with client portfolios and internal administration of accounts; communicates regularly with clients, attends client meetings and presentations and assists Relationship Managers with business development plans and client presentations
2.As appropriate, manages a portfolio of clients and makes credit presentations at Group Credit Committee.
3.Coordinates with the Account Managers and CSST on deposit related transaction processing and to execute daily client transaction activity including account opening, exception clearing, overdrafts, fees, payments and borrowing; handles inquiry resolution; obtains appropriate documentation necessary for credit underwriting, monitoring and credit file maintenance; requests and ensures systems information is up-to-date; execution of client servicing events, communicating with clients and other internal and external.
4.Documents services provided, specialized procedures and ongoing written communications with client as appropriate in managing daily activities. Obtains appropriate information from partners and client to facilitate service changes or transactions
5. Assists Relationship Managers with internal administration of accounts, business development and client presentations for Banking.Communicates with clients regularly to inform them of account set-up or status, past due loans, document requests or other information.
6. Develops and maintains working knowledge of loan agreements, financial statements and other documentation required to monitor client relationships
7. Is well versed in the compliance requirements for new accounts and relationships. Prepares compliance certificates, monitors loan document deficiencies and reviews compliance reports for adherence to policy and procedures
8.Reviews loan documents, submits loans requests for evaluation, may attend loan closings to help review documentation with clients, follows up on missing loan documentation
9.Develops and maintains a working knowledge of various business applications critical to relationship management including client on-line tools
10.Participates in inter-discipline training within the office/region. Acts as a technical resource or expert for other account managers on process or procedures for delivery of service.
11.Coordinates commercial/custom approval process by submitting requests for underwriting and loan documentation and proactively engages in the renewal process by reviewing reports of maturing credits and coordinates the receipt of required information from client for renewal process.May have direct interaction with credit committee and/or Senior Management.
Candidates should have 3 or more years of experience or equivalent, in financial servicing with client servicing background. Formal commercial credit training is required with a minimum of one year experience performing credit analysis and underwriting. Knowledge of banking products and services is required. Credit underwriting experience is required (obtained through working in the National Credit Services Center or at another financial institution). Knowledge of internal banking functions. Analytical, problem solving, and organizational skills required as well as excellent oral and written communication skills.
For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 16,500 employees globally. We serve the world's most-sophisticated clients - from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.
We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.
As of June 30, 2018, Northern Trust Corporation had:
$135 billion in banking assets
$8.1 trillion in assets under custody
$10.7 trillion in assets under custody/administration
$1.1 trillion in assets under management

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