Manager, Loan Operations

Northern Trust • Chicago, IL

10d • Hybrid

About The Position

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.

Requirements

• Excellent oral and written communication skills are required.
• In-depth Banking Knowledge is required.
• Analytical and problem solving skills are required.
• Leadership and organizational skills are required to develop periodic goals and to manage and motivate team members towards the goals set.
• Excellent influencing and negotiation skills are required.
• Working experience and knowledge of risk management and mitigation is required.
• A College or University degree and/or relevant proven work experience is required.
• Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future.
• Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Nice To Haves

• Related Industry qualification (e.g. ACCA) is preferred.

Responsibilities

• Develops periodic goals, organizes the work, sets short-term priorities, monitors all activities, and ensures timely and accurate completion of the work within the Loan Ops team.
• Responsible to set up and monitor the most effective processes are in place with a focus on quality control.
• Conducts performance management and career development processes, provides input for staffing and disciplinary actions and provides hands-on training to staff.
• Carries out activities that are large in scope, cross-functional and technically difficult.
• Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities.
• Responsible for direct interaction with different committees and/or management.
• Strategic in developing, implementing and administering programs within functional areas.
• Provides input and support to budget management process.

Benefits

• retirement benefits (401k and pension)
• health and welfare benefits (medical, dental, vision, spending accounts and disability)
• paid time off
• parental and caregiver leave
• life & accident insurance
• other voluntary and well-being benefits
• discretionary bonus program that may include an equity component

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Associate degree