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Technical Coordinator, Loan Operations

Northern Trust
Chicago, Illinois, US
Full-time

About Northern Trust :

Are you the right applicant for this opportunity Find out by reading through the role overview below.

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.

Technical Loan Operations Coordinator

The Technical Coordinator organizes the loan operation transactions of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work for junior level employees.

The successful candidate provides on-the-job technical training and coaching for analysts and provides day-to-day support to analysts in processing loan operation transactions.

Transactions include Syndicated Commercial Loan Servicing, FX Transaction Processing, Fee Billing and Processing as well as servicing a portfolio of Direct Commercial clients.

Major Duties :

  • May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role).
  • Perform Quality Control / Audits to ensure adherence to key controls and regulations.
  • Focuses on resolution of complex transactions interpreting policies, guidelines and / or processes.
  • Identify and document new procedures and controls.
  • Provide input to process changes which would result in greater operational efficiency.
  • Carries out complex activities with significant financial, client, and / or internal business impact.
  • May have direct interaction with committees and / or Senior Management.
  • More technically sound in area of expertise and has broader knowledge of other areas.
  • Delivers a work product that requires less revision.
  • Able to facilitate discussions and reach decisions.

Experience and Qualifications :

  • A College or University degree and / or some relevant work experience is preferred.
  • Banking industry knowledge preferred.
  • Excellent oral and written communication skills are required.
  • Analytical and problem-solving skills are required.
  • Knowledge of risk management and mitigation practices is preferred.

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 [email protected].

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.

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12 days ago
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