Northern Trust
Residential Mortgage Underwriter (Finance)
Major Duties
•Independently evaluates and underwrites credit requests across a range of domestic geographies.
•Partners with Bankers, Relationship Managers and other internal clients through financial/credit analysis and identification of risk factors. Adds value to ultimate client relationship by providing timely response and quality underwriting in coordination with client needs.
•Partners with other Underwriters and Manager to meet proscribed standards of underwriting quality, client service, and productivity.
•Spreads, researches, and analyzes pertinent financial statements and tax returns related to personal, commercial, and real estate entities. Prepares and presents written credit memoranda for credit approval.
•Compiles all necessary client prepared information and completes client financial statement spreadsheets and projections of client's financial condition.
•Completes special projects as required.
Qualifications
•Knowledge of finance and accounting acquired through formal education or experience is required to analyze and evaluate financial statements and tax returns.
•2-5 years in residential and commercial financial analysis
•Knowledge of applicable residential real estate industry standards, laws and regulations, usually acquired through prior experience is required to review credit risk.
•Analytical and communication skills are required to determine credit risk and to prepare credit presentations.
About Northern Trust:
Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With more than 130 years of financial experience and over 20,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Working with Us:
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!
https://www.northerntrust.com/content/dam/northerntrust/pws/nt/images/careers/ntawards.jpg
We'd love to learn more about how your interests and experience could be a fit with one of America's best banks and most sustainable companies! Build your career with us and apply today.