Northern Trust · 2 weeks ago
Sr. Analyst - Asset and Liability Management
Chicago, IL
Full-time
Hybrid
Mid, Senior Level
$100K/yr - $169K/yr
4+ years expNorthern Trust is a globally recognized financial institution that provides innovative financial services. The Sr. Analyst - Asset and Liability Management will focus on quantitative development of models and assumptions for liquidity and asset/liability risk measurement, supporting Treasury's balance sheet optimization strategy.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
Be a leader on the Balance Sheet Modeling and Quantitative Analytics team/function. Work with the Head of Balance Sheet Modeling and Analytics and or Balance Sheet Modeling and Analytics Team Leader to set team objectives and strategic priorities
Leverage QRM for Balance Sheet Analysis and Modeling. Participate in the development of key Asset Liability Management reports, models and assumptions for liquidity risk and asset and liability risk measurement efforts, including operational deposits, non-maturity deposit betas, asset prepayment speeds, and deposit decay rates
Conduct ad-hoc analysis to aid senior management and executive committees in the decision making process impacting product pricing, balance sheet optimization, and investment selection
Support the broader Treasury team by providing quantitative support in the build out of liquidity risk framework tools; liquidity limits calibration, early warning indicators, liquidity stress tests assumptions, and resolution planning scenario/assumption development, and interest rate risk measurement processes
Communicate financial issues in a clear and concise manner to senior management, internal oversight groups, and external regulators. Possess the ability to lead the development of robust documentation to support major assumptions, models used in liquidity and interest rate risk measurement processes
Knowledge on global regulatory requirements and expectations that govern liquidity risk, interest rate risk, and modeling practices
Qualification
Required
4-7 year's work experience in financial modeling working in a financial institution, regulatory agency, consulting firm or related field is required
Knowledge of QRM, SQL, SAS, Mat lab or other financial valuation and modeling platforms
Proficient in Microsoft Excel and Access
Familiarity with Asset Liability Management, Interest Rate Risk Management, Liquidity Risk Management, and Funds Transfer Pricing
Strong analytical and quantitative skills, critical thinking, investigative problem-solving and decision-making talents
Strong written and verbal communication skills with the ability to lead the development of senior management level presentations
Organized and able to execute responsibilities with minimal supervision
A College or University Degree in Accounting, Finance, Economics, Statistics, Math, Engineering or other quantitative field is preferred
Benefits
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
Company
Northern Trust
Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking.
10001+ employees
H1B Sponsorship
Northern Trust has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (180)
2024 (203)
2023 (102)
2022 (74)
2021 (298)
2020 (83)
Funding
Current Stage
Public CompanyTotal Funding
$1.25B2025-11-20Post Ipo Debt· $1.25B
1978-01-13IPO
Leadership Team
Michael O'Grady
President, Chief Executive Officer & Director
Peter Cherecwich
Chief Operating Officer
Recent News
Business Wire
2025-12-18
2025-12-11
Company data provided by crunchbase