Analyst - Global Liquidity 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.

Northern Trust is a global trust and custody bank with significant presence in multiple regions globally. As a custody bank, the management of liquidity and other scarce financial resources is a key area of focus for Treasury. Treasury is responsible for the measurement, coordination and oversight of the Corporation's global liquidity position, including daily metrics and analysis, as well as all financial management and regulatory reporting.

As a member of the Global Liquidity Planning team, you will focus onregulatory reporting, management reporting, trend analysis and the management of collateral to support intraday liquidity needs.

The key responsibilities of the role include:

• Learning and eventually producing the current daily, weekly, monthly and quarterly reporting and processes from current team members and over time look to automate, advance and integrate further controls and checks.
• Partner with business lines and operations teams to understand and articulate balance sheet movements that impact liquidity risk
• Work in close partnership with control functions such as Legal, Compliance, Liquidity Risk, Audit and Controllers to ensure appropriate governance and control infrastructure
• Maintain key intraday liquidity risk specific framework components, intraday reporting, intraday metrics and guidelines, and intraday stress testing requirements. Own the intraday assumption quantitative calibration process.
• Responsible for conducting ad hoc analysis to aid senior management and executive committees in the decision making process impacting liquidity, collateral management and intraday liquidity optimization efforts
• Provide support and participate as a member of the Borrow in Custody Working Group
• Maintain knowledge of global regulatory requirements and expectations that govern liquidity, collateral management and intraday liquidity processes
• Continually challenge and improve processes to increase efficiency on a long term basis
• Participate in efficiency and innovation projects on ad hoc basis by reviewing and developing current processes using advanced digitalization tools

Qualifications:

• Bachelor's degree in Finance, Accounting, or other relevant areas of study
• Candidates should be analytically and technically sound with knowledge of financial markets and some knowledge of Liquidity Management. Knowledge of accounting and balance sheet, usually acquired through accounting/finance coursework or prior related experience, is required.
• Previous work experience within a Treasury department at a financial institution, regulatory agency or consulting firm is preferred but not required
• High degree of intellectual curiosity and an interest in developing a detailed understanding of liquidity management
• Understanding of a Custody Banking model a plus
• Consistently demonstrates clear and concise written and verbal communication skills
• Analytical skills are required to research, interpret and form conclusions from datasets
• Organizational skills are required to support more than one project or initiative while meeting regulatory and internal timelines.
• Introductory modelling skills or relevant course work nice to have

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.

We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

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 [email protected].

We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.