CAREERS

Associate Banking Advisor

📁
Personal Banking/Private Bankg
📅
77835 Requisition #

As an Associate Banking Advisor for our Wealth Management Banking team you will be responsible for coordinating the account administration for Banking clients; responding to client inquiries, producing reports and overseeing transaction processing.

 

You will be responsible for assisting Relationship Managers in business development, creating client presentations and coordinating with the Account Managers and Client Support Services (CSST) team.

 

The Associate Banking Advisor:

  • 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

  • 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 partners

  • Oversees development of appropriate action plans for client servicing and coordinates with other team members across disciplines to ensure execution and follow-up

  • Documents services provided, specialized procedures and ongoing written communications with client as appropriate in managing daily activity

  • Develops a clear understanding of clients need behind service requests and communicates to service partners. Obtains appropriate information from partners and client to facilitate service changes or transactions

  • 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

  • Develops and maintains working knowledge of loan agreements, financial statements and other documentation required to monitor client relationships

  • 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

  • Reviews loan documents, submits loans requests for evaluation, may attend loan closings to help review documentation with clients, follows up on missing loan documentation

  • Develops and maintains a working knowledge of various business applications critical to relationship management including client on-line tools

  • 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

  • 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

  • Coordinates due diligence on loans such as obtaining money market rates, ordering of appraisals and other items necessary for loan approval and booking

  • Carries out complex activities with significant financial, client and/or internal business impact

  • May have direct interaction with committees and/or Senior Management

 

The successful candidate will have:

 

Preferred

  • At least 5 years’ experience, or equivalent, in financial servicing. Previous experience in private or commercial banking
  • Formal credit training is highly preferred
  • Knowledge of internal banking functions

  Required

  • Credit underwriting and analysis experience (obtained through working in the National Credit Services Center or at another financial institution).
  • Analytical, problem solving, and organizational skills
  • Strong communication and relationship building skills
  • Knowledge of banking products and services

 

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Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

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