Credit Manager

Northern Trust

Chicago, IL, United States
Base: $137,400 - 240,400 usd; bonus/equity: discre...
Credit risk management
Commercial and residential real estate lending
Problem loan administration
Northern Trust is a globally recognized, award-winning financial institution with over 130 years of experience serving sophisticated clients

Job Summary

  • Northern Trust is a globally recognized, award-winning financial institution with over 130 years of experience serving sophisticated clients.
  • The Credit Manager will develop credit risk standards integrating environmental risk management and lead a team handling problem loans and credit policies.
  • Northern Trust offers a comprehensive benefits package including retirement, health, paid time off, and a discretionary bonus program with possible equity components.

Matching Summary

Northern Trust is a globally recognized, award-winning financial institution with over 130 years of experience serving sophisticated clients.

Salary

Base: $137,400 - 240,400 USD; Bonus/Equity: Discretionary bonus program may include equity component; Benefits: Comprehensive retirement, health, paid time off, parental leave, life & accident insurance

Skills & Requirements

Must-have

  • Credit risk management
  • Commercial and residential real estate lending
  • Problem loan administration
  • Loss mitigation leadership
  • Credit policy compliance
  • Regulatory interaction
  • Credit underwriting guidelines

Nice-to-have

  • Environmental risk integration
  • Team performance management
  • Stress testing and loan governance
  • Economic and legislative awareness
  • Flexible and collaborative work culture
  • Discretionary bonus program

Key Requirements

  • 10+ years commercial or real estate lending experience
  • Experience in risk appetite setting and credit metrics
  • Knowledge of credit analysis and lending regulations
  • Leadership and organizational skills
  • Compliance with federal/state banking laws

Work Rights

Not specified

Tailored Resume

Cover Letter