Sr. Analyst - Asset and Liability Management

Northern Trust • Chicago, IL

66d • $99,600 - $169,200 • Hybrid

About The Position

Sr. Analyst - Asset and Liability Management will be responsible for working on the quantitative development of models and assumptions across Liquidity and Asset & Liability risk measurement and financial projection processes. The successful candidate will participate in the strategic modeling efforts for financial products that will help drive Treasury's balance sheet optimization strategy. Ideally, the prospective candidate will have a foundational understanding of balance sheet management primarily in the areas of Asset Liability Management and Liquidity Risk Management. The prospective candidate 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.

Requirements

• 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.
• 4-7 year's work experience in financial modeling working in a financial institution, regulatory agency, consulting firm or related field is required.

Responsibilities

• Be a leader on the Balance Sheet Modeling and Quantitative Analytics team/function.
• 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.
• 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.
• Communicate financial issues in a clear and concise manner to senior management, internal oversight groups, and external regulators.
• Lead the development of robust documentation to support major assumptions and 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.

Benefits

• 401k and pension
• medical, dental, vision, spending accounts and disability
• paid time off
• parental and caregiver leave
• life & accident insurance
• discretionary bonus program that may include an equity component

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees