CAREERS

Analyst - Stress Testing and Reporting

📁
Accounting/Finance/Tax/Audit
📅
87046 Requisition #

As a member of the Global Liquidity Planning team, you will be responsible for supporting the development of the firm’s liquidity risk framework across the stress continuum from business as usual to a resolution event. In this role you will have exposure to Northern Trust’s Business Lines and Global Treasury developing an understanding of all on and off balance sheet liquidity exposures.
The key responsibilities of the role include:

  • Support the development and execution of quantitative methodologies underpinning the Corporation’s Liquid Asset Buffer. Partner with the Balance Sheet Modeling team to ensure sound assumptions are developed considering  client behavior and market conditions across multiple scenarios
  • Aid in the development of new tools to automate the execution of Liquidity Stress Testing
  • Design solutions to improve efficiencies and simplify processes used in Liquidity Stress Testing
  • Assist in the assessment of the Corporation’s liquidity position and limits under a resolution event and contributing to the development of the liquidity components of the firms’ resolution plans
  • Lead the review and execution of the corporate and regional Liquidity Stress Tests
  • Partner with other liquidity experts in the development of a Liquidity Stress Testing and Resolution Liquidity fully automated solution
  • Develop liquidity metrics that signal varying levels of liquidity stress, including appropriate actions, escalation and governance protocols  commensurate with the severity of the stress
  • Assess the liquidity position of the standalone holding company under multiple scenarios and recommend levels of external and intercompany debt
  • Responsible for conducting ad hoc analysis to aid senior management and executive committees in the decision making process impacting liquidity
  • Communicate liquidity risks in a clear and concise manner to senior management, internal oversight groups, and external regulators
  • Develop robust documentation to support key  assumptions, frameworks and processes used for liquidity stress testing purposes
  • Ensure compliance with global regulatory requirements and expectations that govern liquidity risk, resolution planning, stress testing, and modeling practices

 

  • Bachelor’s degree in a STEM field, Finance, Accounting, or other relevant areas of study
  • Knowledge of python is a plus
  • Prior work experience working for a financial institution in a Liquidity Risk Management function or related is a plus. Understanding of a Custody Banking model is a plus
  • Candidates should be analytically and technically sound with knowledge of financial markets and Liquidity Management. Knowledge of accounting and balance sheet, usually acquired through accounting/finance coursework or prior related experience, is a plus
  • High degree of intellectual curiosity 
  • Self-motivated and detail orientated
  • Ability to work well under pressure and with tight deadlines 
  • Strong written and verbal communication skills with ability to lead senior management level discussions
  • Exceptional analytical, quantitative, critical thinking, problem-solving and decision making skills
  • Organizational skills are required to support more than one project or initiative while meeting regulatory and internal timelines with minimal supervision
  • Advanced excel skills including advanced  functions, data management, advanced charting is required  

About Northern Trust:
Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With over 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. 


Working with Us:
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!                
We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why we are honored to receive the following awards in 2021: 
•Gender Equality Index Member, Bloomberg
•Top Financial & Banking Company, Black EOE Journal, Hispanic Network Magazine, Professional WOMAN'S Magazine

We’d love to learn more about how your interests and experience could be a fit with one of America’s best banks and most sustainable companies! Build your career with us and apply today.
 

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Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements
  • APAC/India EEO Statement
    • APAC/INDIA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • Canada EEO Statement
    • Canada EEO STATEMENT

      Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

  • EMEA EEO Statement
    • EMEA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • USA EEO Statement
    • USA EEO STATEMENT

      It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO poster (U.S.)EEO is Law Poster Supplement