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Senior Portfolio Manager - Counterparty & Country Risk

The Senior Portfolio Manager oversees a portfolio of banks, countries and hedge funds, and ensures that all entities and countries are reviewed and monitored throughout the year using traditional macroeconomic and political risk analysis techniques, CAMELS analysis and market-based information along with ad-hoc due diligence visits and calls. She or he prepares and presents reviews of assigned counterparties and countries to credit committees with the goal of providing insightful credit opinions and recommendations. The role supports Treasury, FX, Securities Lending and Internal Payment acitivities, the bank's Investment Portfolio and Network of Subcustodians. May provide assistance in training and supervising other analysts.
Major Duties
1. Ensure portfolio is reviewed in a timely manner and quality of analyses is high.
2. Perform analysis of counterparties and countries annually or on ad-hoc basis; assign Probability of Default ratings.
3. Monitor trends, serve as subject expert and trusted advisor on assigned countries to partners.
4. Manage relationships with local business units, inform of credit issues, and provide guidance for the development of strategies.
5. Contribute to the development of risk monitoring products, processes and models related to counterparties and countries.
6. Coordinate, participate or lead visits and calls with external counterparties or clients.
7. Contribute to the development of risk monitoring products, processes and models related to counterparties and countries.
8. Present and participate in risk committees.
Knowledge/Skills
Excellent communication, verbal and leadership skills
Knowledge of products such as Foreign Exchange, Securities Lending, MM Placements, and Investment Securities is preferred
Highly flexible and adaptable to change; ability to multi-task on several assignments at once
Advanced analytical, writing skills and some quantitative skills
Strong relationship and presentation skills
Ability to develop relationships at all levels of the organization and crisis management/multi-tasking skills
Experience
Bachelor's degree is required. Master's degree and/or CFA designation are preferred.
10 -15 years of credit experience, including corporate, bank, country or hedge fund credit.
For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 16,500 employees globally. We serve the world's most-sophisticated clients ? from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.
We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.
As of June 30, 2018, Northern Trust Corporation had:
$135 billion in banking assets
$8.1 trillion in assets under custody
$10.7 trillion in assets under custody/administration
$1.1 trillion in assets under management



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