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Sr. Analyst – Liquidity Stress Testing and Reporting

Sr. Analyst – Liquidity Stress Testing and Reporting

CompanyNorthern Trust
LocationBoston, MA, USA, Chicago, IL, USA, New York, NY, USA
Salary$99600 – $169200
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • A college or university degree in Accounting, Finance, Economics, Statistics, Math, Engineering or other quantitative field.
  • 3-5 year’s work prior liquidity risk management experience working in a financial institution, regulatory agency, consulting firm, or related field.
  • Familiarity with Asset Liability Management, Liquidity Risk Management, and Funds Transfer Pricing.
  • Proficient in Microsoft Excel and PowerBI.
  • 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.

Responsibilities

  • Help drive the development and maintenance of stress testing scenarios that cover idiosyncratic, market, combined risk, and operational risk events.
  • Partner with Balance Sheet Modelling team, business line subject matter experts and risk management to ensure sound scenarios are developed that covers all products and external market considerations for business as usual to resolution.
  • Own the annual recalibration internal liquidity stress testing assumptions. Strong collaboration with business line subject matter experts, second line risk management and global Treasury teams as part of the review and recalibration.
  • Support the broader resolution planning effort by leading the build out of the liquidity components of the resolution plans. Provide in-depth knowledge and perspective on how key liquidity risk drivers would behave across the continuum, business as usual to resolution. Have working knowledge of critical operations, including FMU and CSD operations and potential liquidity impacts.
  • Communicate financial issues in a clear and concise manner to senior management, internal oversight groups, and external regulators.
  • Ensure compliance with global regulatory requirements and expectations that govern liquidity risk, resolution planning, stress testing, and modeling practices.

Preferred Qualifications

    No preferred qualifications provided.