Loan Documentation Analyst

Responsibilities

• Review legal and administrative documents of all new, renewed, and increased loans to ensure they support the approved loan structure.
• Before loan funding is allowed, determine the level of waiver action required when documentation deficiencies are discovered.
• Using a computer system, monitor all existing documentation deficiencies and the receipt of time‑sensitive documentation during the term of all loans.
• Review all trailing documentation to ensure it is properly executed and recorded, if appropriate.
• Report the status of documentation deficiencies to account officers and management using the loan documentation unit’s computer system’s report capabilities.
• Interact with legal and account officers to clarify unfamiliar or questionable loan documentation.
• Review appropriate documentation files and records for selected existing loans to determine compliance with established bank and legal guidelines.
• Prepare summary reports of each existing loan audited for review by division and appropriate senior management.
• Develop and recommend new procedures and operational controls to protect loan documentation and customer information.

• 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 of loan documentation or related experience.

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).

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at , or alternatively you can discuss your individual requirements with the recruiter you are working with.

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non‑discriminatory manner in accordance with our obligations under the law and codes of practice.