Analyst - Asset and Liability Management
Northern Trust, Chicago, IL, United States
Analyst - Asset and Liability Management
Northern Trust, a globally recognized, award-winning financial institution, is seeking an Analyst for Asset and Liability Management. This role will involve quantitative development of models and assumptions across liquidity and asset & liability risk measurement and financial projection processes. The successful candidate will participate in strategic modeling efforts for financial products that will help drive Treasury's balance sheet optimization strategy. The ideal candidate will have a foundational understanding of balance sheet management primarily in the areas of Asset Liability Management and Liquidity Risk Management. They should have working knowledge of balance sheet strategy, risk assumption/model development, product pricing, global economic/yield curve environment and business strategy which are necessary to support balance sheet optimization and profitability. Major duties include: Leading the Balance Sheet Modeling and Quantitative Analytics team/function. Leveraging QRM for Balance Sheet Analysis and Modeling. Conducting ad-hoc analysis to aid senior management and executive committees. Supporting the broader Treasury team by providing quantitative support. Communicating financial issues to senior management and regulators. Knowledge of global regulatory requirements. Knowledge required: 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. Strong written and verbal communication skills. Organized and able to execute responsibilities with minimal supervision. Experience: A College or University Degree in Accounting, Finance, Economics, Statistics, Math, Engineering or other quantitative field is preferred. Minimum 2 years relevant work experience in financial modeling working in a financial institution, regulatory agency, consulting firm or related field is required. Working Model: Hybrid (#LI-Hybrid) We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home. Salary Range: $80,800 - 133,400 USD 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. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose. Reasonable accommodation: Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
Northern Trust, a globally recognized, award-winning financial institution, is seeking an Analyst for Asset and Liability Management. This role will involve quantitative development of models and assumptions across liquidity and asset & liability risk measurement and financial projection processes. The successful candidate will participate in strategic modeling efforts for financial products that will help drive Treasury's balance sheet optimization strategy. The ideal candidate will have a foundational understanding of balance sheet management primarily in the areas of Asset Liability Management and Liquidity Risk Management. They should have working knowledge of balance sheet strategy, risk assumption/model development, product pricing, global economic/yield curve environment and business strategy which are necessary to support balance sheet optimization and profitability. Major duties include: Leading the Balance Sheet Modeling and Quantitative Analytics team/function. Leveraging QRM for Balance Sheet Analysis and Modeling. Conducting ad-hoc analysis to aid senior management and executive committees. Supporting the broader Treasury team by providing quantitative support. Communicating financial issues to senior management and regulators. Knowledge of global regulatory requirements. Knowledge required: 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. Strong written and verbal communication skills. Organized and able to execute responsibilities with minimal supervision. Experience: A College or University Degree in Accounting, Finance, Economics, Statistics, Math, Engineering or other quantitative field is preferred. Minimum 2 years relevant work experience in financial modeling working in a financial institution, regulatory agency, consulting firm or related field is required. Working Model: Hybrid (#LI-Hybrid) We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home. Salary Range: $80,800 - 133,400 USD 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. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose. Reasonable accommodation: Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.