Sr. Financial Analyst - Stress Testing and Forecasting

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.

This professional will join the Capital, Resolution and MRP&A team within the Corporate Finance department. The Senior Analyst will be responsible for developing and maintaining quantitative projection methodologies and processes for Northern Trust’s balance sheet, off-balance sheet, and profit & loss items. The Senior Analyst will support the execution of projections developed for various macroeconomic environments.

Major Duties:

• Support the development, execution and maintenance of projection methodologies and financial projections around key balance sheet, off balance sheet and profit and loss items (for example, non-interest income, non-interest expense, loans, and deposits).
• Work closely with business unit finance, treasury, and risk teams to understand the various projection line items, their drivers, and their behavior under various macroeconomic scenarios.
• Present and review projection results with senior management.
• Collaborate with partners in Audit, Controllers and Capital Adequacy to demonstrate appropriate controls and checks around the projection process and results.
• Develop, maintain, and enhance financial analysis of large and complex datasets using analytical and visualization tools such as Python, R and PowerBI. Support ad hoc analysis and strategic initiatives impacting the finance organization.

Knowledge/ Skills:

• Analytical, problem-solving skills and intellectual curiosity required to manage the projection process.
• Existing knowledge and continued willingness to learn and apply analytical and visualization tools of Python, R and PowerBI.
• Strong personal computer skills (Excel, Word, and PowerPoint) are required to perform analyses and communicate insights to various constituents.
• Knowledge of financial analysis/ corporate finance/ statistics usually acquired through a 4-year degree program or related work experience is desired.
• Effective communication skills are necessary to present relevant information to senior management, finance, and risk representatives.
• Knowledge or experience in SAS is desirable but not required.

Experience Required:

• 5+ years of related experience with emphasis on corporate finance, analysis and forecasting.

#LI-Hybrid

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.