Commercial Loan Documentation Specialist

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

About the role

This role 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. The specialist 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.

Responsibilities

• Determine required documentation for commercial loan transactions
• Coordinate loan closings
• Ensure due diligence is completed
• Audit existing loan files
• Recommend improvements to procedures and operational controls
• Support training for new team members
• Serve as a resource for complex transactions

Requirements

• Experience with Laser Pro legal documentation software or similar application in the financial or legal industry
• Knowledge of ACBS, IBS, or FIS is helpful
• Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future

Pay

Salary range is $52,800 - 79,200 USD (good faith estimate of base pay).

Benefits

• 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
  • Other voluntary and well-being benefits
• Discretionary bonus program that may include an equity component

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 committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Northern Trust offers a balanced hybrid working model, ensuring flexibility between working in the office and working from home.

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 MyHRHelp@ntrs.com.