About Northern Trust 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. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. We are seeking an experienced community development finance professional with strong credit underwriting and financial analysis skills and demonstrated knowledge of CDFIs, nonprofit organizations, HTM debt investments, LIHTC, NMTC, SBICs, and other community development investment structures. The ideal candidate will have strong knowledge of underwriting nonprofit organizations and community development structures, with the ability to independently evaluate community need and impact while structuring and underwriting complex investments from initial sourcing through approval and closing. Major Job Responsibilities Lead discussions with prospective CDFIs, nonprofit organizations, CDEs, developers, syndicators and other community development partners to assess capital needs, financial capacity and potential investment opportunities. Determine the appropriate community development investment structure, including debt investments, LIHTC, NMTC, SBICs and other CRA-eligible investment vehicles. Lead comprehensive underwriting and due diligence, including analysis of financial condition, cash flow, liquidity, leverage, debt-service capacity, asset quality, collateral, covenants, repayment sources and overall creditworthiness. Partner with other Community Development & Impact Investing team members to assess and document CRA qualification, community impact and anticipated benefits to low- and moderate-income individuals and communities. Structure transactions and develop investment recommendations that appropriately balance credit risk, financial considerations, CRA objectives and community impact. Prepare comprehensive credit and investment presentations and lead transactions through the Executive CRA Committee approval process. Manage approved investments through due diligence, documentation, legal review, closing and funding, coordinating with Legal, Risk, Compliance, Accounting and other internal partners. Monitor existing investments for financial performance, covenant compliance, credit quality and continued alignment with applicable CRA and community development objectives. Knowledge / Skills Advanced commercial credit underwriting, financial statement analysis and credit-risk assessment skills, particularly for CDFIs, nonprofit and mission-driven organizations. Ability to evaluate investments through both a credit-risk and CRA/community-impact lens, balancing safety and soundness, financial and regulatory objectives, and community impact. Knowledge of CDFIs and nonprofits, including their business models, capital structures, lending activities and unique credit considerations. Strong knowledge of LIHTC, including affordable housing finance, transaction structures, project economics, sponsor/developer analysis and tax-credit investing. Strong knowledge of NMTC, including CDEs, Qualified Equity Investments, transaction structures, community development projects and underwriting considerations. Working knowledge of SBICs and other CRA/community development investment structures. Ability to articulate community impact, CRA eligibility and strategic fit alongside traditional financial and credit analysis. Strong written, verbal and presentation skills, including translating complex credit, CRA and investment analysis into clear recommendations for senior management and committees. Proven ability to independently manage complex transactions from origination and underwriting through CRA analysis, approval, closing and monitoring. Experience 8+ years of experience in investment or financial analysis, with knowledge of community development financing structures Salary Range: $116,100 - 197,300 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). 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. Reasonable Accommodation 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 [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with. Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies. Terms and Conditions Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information. APAC/INDIA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. Canada EEO STATEMENT Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance. EMEA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. USA EEO STATEMENT It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)

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