Sr. Analyst – Liquidity Strategy & Resolution Planning

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.

The Liquidity Strategy and Resolution Sr. Analyst will be responsible for helping drive the development of liquidity strategies to inform strategic decision making while considering all risk measurement framework components across the continuum, business as usual to resolution. The successful candidate will be a member of the Global Liquidity team and help lead the development and maintenance of the enterprise liquidity components of the IDI and 165d recovery and resolution plans while also helping to define short term and long-term liquidity strategies to manage risk positions.

Ideally, the prospective candidate will have experience with liquidity components of Recovery and Resolution Plans in addition to strong understanding of liquidity risk management, liquidity risk framework, risk identification, risk measurement approaches and balance sheet management experience primarily in the areas of Liquidity Risk Management. The prospective candidate should have a working knowledge of the three lines of defense and ideally experience working closely with second line risk management and third line internal audit groups.

Major Duties

• Help drive the development and maintenance of recovery and resolution planning “RRP” scenarios and methodologies. Partner with Balance Sheet Modelling team, business line subject matter experts and risk management to ensure sound assumptions are developed that covers all products and external market considerations.
• Work with global liquidity partners in the development of resolution triggers.
• Own the production of monthly Liquidity Strategy meetings where upcoming balance sheet, client and product forecasts are considered to make liquidity management recommendations to the Treasurer and Treasury Senior Leadership team.
• Coordinate with Treasury functions; Investment Portfolio, Funding, Interest Rate Risk and International Treasury to plan for impacts to regulatory and internal liquidity measurements.
• Assist with the development and deployment of the enterprise liquidity Risk and Intraday liquidity frameworks.
• Coordinate balance sheet execution strategies with the Funding and Portfolio Management Teams.
• Lead coordination of liquidity collateral optimization across global Treasury.
• Work with the Global Liquidity Team to ensure consistent compliance with global liquidity supervisory regulations.

Qualifications

• 3-5 year’s work prior liquidity risk management, financial risk, or other relevant experience working in a financial institution, regulatory agency, consulting firm, or related field.
• A college or university degree in Accounting, Finance, Economics, Statistics, Math, Engineering or another quantitative field.
• Familiarity with Liquidity Risk Management, Market Risk, Credit Risk, or Financial Risk.
• Proficient in Microsoft Excel and PowerBI.
• Strong analytical and quantitative skills, critical thinking, investigative problem-solving and decision-making abilities.
• Strong written and verbal communication skills with the ability to lead the development of senior management level presentations.
• Requires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related.

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Salary Range:

$99,600 - 169,200 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.

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