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Commercial Loan Documentation Specialist

Northern TrustNorthern Trust·Financial Services

Compensation

$52,800 - $79,200/year

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Posted

62 days

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About the role

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.  

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

The Commercial Loan Documentation Specialist is responsible for preparing and reviewing legal documentation for complex commercial loan transactions, ensuring all documents comply with corporate credit policy, regulatory standards, and internal guidelines. This role collaborates closely with relationship banking staff, legal departments, and external counsel to confirm that all loan terms and conditions are properly documented and protects the bank’s interests.

Key duties include:

Determining required documentation, coordinating loan closings, ensuring due diligence, auditing existing loan files, and recommending improvements to procedures and operational controls.

The specialist also supports training new team members and serves as a resource for complex transactions, utilizing in-depth knowledge of banking processes and legal requirements to achieve departmental goals.

The successful candidate will have experience with:

  • Laser Pro legal documentation software or similar application in the financial or legal industry

  • ACBS, IBS, FIS are helpful

Salary Range:

$52,800 - 79,200 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.

Working with Us: 

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater 

Reasonable accommodation

  

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

 
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

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Aplyr's read

Northern Trust stands out in financial services with a focus on institutional clients and affluent individuals, attracting professionals in investment management and asset servicing.

Synthesized from recent postings & public sources

What's promising

  • Strong reputation for stability and trust in the financial services industry.
  • Diverse career opportunities across investment management, asset servicing, and banking.
  • Commitment to innovation with roles in digital product management and cybersecurity.

What to watch

  • Highly competitive industry with pressure to maintain cutting-edge technology.
  • Potential for limited upward mobility in certain specialized roles.
  • Complex regulatory environment may impact operational flexibility.

Why Northern Trust

  • Focus on serving corporations and affluent individuals sets it apart from retail banks.
  • Extensive global network supports international career opportunities.
  • Emphasis on client relationships and personalized service differentiates it from larger financial institutions.

Aplyr’s read is generated by AI from public sources. Was it useful?

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About Northern Trust

Northern Trust is a financial services company that provides investment management, asset servicing, and banking solutions to corporations, institutions, and affluent individuals.

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