Northern Trust

Manager, Bus Proc Mgmt

Northern Trust$131K — $224K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in lending products and credit processes.
  • Proven ability to enhance client service delivery in a fast-paced environment.
  • Strong understanding of risk management and regulatory compliance.
  • Excellent communication skills for effective stakeholder interactions.
  • Leadership skills for team development and resource assessment.
  • Proficiency in lending systems and workflow management tools.

Responsibilities

  • Support lending relationship managers to enhance loan processing efficiency.
  • Coordinate loan onboarding, credit documentation, and deal implementation.
  • Act as the primary point of contact for client inquiries and expedite transactions.
  • Conduct performance management and training for staff on lending workflows.
  • Monitor loan documentation, reporting, and exceptions to ensure compliance.
  • Identify process enhancements and best practices for lending support.
  • Manage loan pipeline, ensuring accurate tracking and communication of deal status.

Benefits

  • 401(k) and pension retirement benefits.
  • Comprehensive health and welfare benefits including medical, dental, and vision.
  • Paid time off and parental/caregiver leave.
  • Life and accident insurance.
  • Discretionary bonus program with potential equity component.
Full Job Description


Major Duties

Seasoned multi-disciplinary expert with extensive technical and/or business knowledge and functional expertise, including deep understanding of lending products, credit processes, and client servicing requirements.

Focus of role is on execution of strategic direction of business function activities, with specific accountability for supporting lending relationship managers, driving loan processing efficiency, and enhancing client experience across lending services.

Carries out complex initiatives involving multiple disciplines and/or ambiguous issues, including coordination of loan onboarding, credit documentation, deal implementation, and ongoing portfolio support.

Displays a balanced, cross-functional perspective, liaising with Relationship Managers, Credit, Portfolio Management, Operations, and Risk partners to improve efficiency, effectiveness, and productivity of lending processes.

Acts as a primary point of contact for lending-related servicing needs, ensuring timely execution of transactions, resolution of client inquiries, and proactive identification of service improvements.

Conducts performance management and career development processes, provides input for staffing and disciplinary actions, and delivers hands-on training to staff, particularly in lending workflows, systems, and client servicing standards.

Develops periodic goals, organizes work, sets short-term priorities, monitors all activities, and ensures timely and accurate completion of work, including loan documentation, reporting, covenant tracking, and exception management.

Oversees and supports loan pipeline management, ensuring accurate tracking of deal status, adherence to timelines, and effective communication across stakeholders.

Ensures compliance with internal policies, credit standards, and regulatory requirements related to lending activities, including proper documentation, audit readiness, and risk mitigation practices.

Partners with business leadership to identify process enhancements, technology improvements, and best practices to streamline lending support and elevate client service delivery.

Provides input and support to budget management processes, including resource allocation and efficiency initiatives tied to lending support functions.

Knowledge
  • Excellent oral and written communication skills are required, with the ability to interact effectively with clients, relationship managers, and internal stakeholders.
  • In-depth functional/industry knowledge is required, with strong expertise in lending products, credit processes, and loan servicing operations.
  • Strong understanding of risk management, compliance, and regulatory considerations within lending.
  • Highly flexible and adaptable to change in a fast-paced, client-focused environment.
  • Leadership and organizational skills are required to determine Business Unit goals, assess resource needs, and develop team capabilities.
  • Proficiency in lending systems, reporting tools, and workflow management platforms is preferred.

Salary Range:

$131,905 - 224,135 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including 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, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.


Work Authorization


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).


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About Northern Trust

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, and fiduciary and banking solutions to corporations, institutions, and affluent individuals. They have evolved with the changing needs of their clients and their world.

Northern Trust Careers

Joining Northern Trust means becoming part of a global financial services institution that is dedicated to providing expert guidance and innovative solutions to its clients. At Northern Trust, we pride ourselves on fostering a culture of leadership, diversity, and innovation, which makes us a premier destination for career growth in the financial industry.

Work You’ll Do

At Northern Trust, you will collaborate with some of the most talented professionals in the financial sector. Our team is committed to excellence and equipped with a diverse range of skills that contribute to our dynamic environment. Here, you will have the opportunity to lead projects that transform our services and drive significant value for our clients across the globe.

Explore Job Opportunities and Internships

Whether you are starting your career or looking to make a significant impact in the financial industry, Northern Trust offers a variety of job opportunities and internships that will help you achieve your professional goals. From entry-level positions to leadership roles, our company is actively hiring individuals who are passionate, curious, and driven to excel.

Innovative Work

Northern Trust is at the forefront of financial innovation. Our employees are encouraged to think creatively and leverage cutting-edge technologies to solve complex problems. By joining our team, you will work on pioneering solutions that redefine the standards of financial services.

Be Part of a Great Team

Our team at Northern Trust is more than just a group of employees – we are a community. We value collaboration, and our culture is built on mutual respect and a commitment to diversity and inclusion. Working with us, you will experience a supportive network that is passionate about sharing knowledge and ideas.

Future-Proof Your Career

Northern Trust is dedicated to your professional development. We offer comprehensive benefits, diversity training, and numerous resources to help you grow your career. With our support, you can expand your skills, gain valuable experience, and achieve professional certifications that will enhance your career trajectory.

Stay Connected

Join Our Team

Discover the perfect role for you at Northern Trust by exploring our current job openings that match your skills and interests. We are looking for professionals who are solution-driven and eager to contribute to our legacy of financial excellence.

Keep Up to Date

Stay informed with the latest career tips, industry insights, and professional growth opportunities—all available through our careers blog. At Northern Trust, we ensure that our team members are always ahead in the industry.

Job Alert Emails

Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. At Northern Trust, exciting and rewarding opportunities are always on the horizon, and we are eager to see where your talents can take us. Join Northern Trust today and be part of a company that values innovation, leadership, and a diverse and inclusive workplace. Here, every position is a chance to contribute to something bigger and to turn your job into a meaningful career.
Learn more about Northern Trust
Size
21,100 employees
Market Cap
$18.1 billion
Industry
Net Income
$1.2 billion
Founded
1889
5 Year Trend
+4.9%
Revenue
$6.1 billion
NASDAQ

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