Loan Documentation Analyst at 001 The Northern Trust Company — Phoenix, AZ

About Northern Trust

The key responsibilities of the role include:

• Reviews legal and administrative documentsof all new, renewed, and increased loans to ensurethat they support the approved loan structure.
• Before loan funding is allowed, determines the level of waiver action required when documentation deficiencies are discovered.
• Using a computer system, monitors all existing documentation deficiencies and the receipt of time-sensitive documentation during the term of all loans.
• Reviews all trailing documentation to ensure it is properly executed and recorded, if appropriate.
• Reports the status of documentation deficiencies to account officers and management using the loan documentation unit''s computer system''s report capabilities.
• Interacts with legal and account officers to clarify unfamiliar or questionable loan documentation.
• Reviews appropriate documentation files and records for selected existing loans to determine compliance with established bank and legal guidelines.
• Prepares summary reports of each existing loan audited for review by division and appropriate senior management.
• Develops and recommends new procedures and operational controls to protect loan documentation and customer information.

The successful candidate will benefit from having:

• Knowledge of personal and commercial loan documentation usually acquired through previous experience in loan documentation is required to review loan documentation.
• Knowledge of commercial banking systems usually acquired through experience is required to extract information from various systems for analysis.
• Analytical and computer skills are required to analyze documentation, identify deficiencies, prepare reports, and work with system databases.
• 2 years loan documentation or related experience.

Work Authorization

Working with Us

Reasonable Accommodation