Northern Trust

3 months ago

Senior Balance Sheet Strategist

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 13 hours agoStatus: Live

Job Summary

Role focused on developing and executing strategies to optimize the bank’s balance sheet across deposits, investments, funding, and liquidity, while partnering with Treasury, ALM, and Capital Management to drive earnings growth, balance sheet resilience, and capital efficiency. Responsibilities include forward-looking analytics on NII, liquidity, and risk management, with heavy emphasis on data-driven insights and senior-management reporting.

Location: Chicago

Workplace: Hybrid

Employment Type: Full time

Job Function: Finance & Accounting

Key Responsibilities

•Develop and maintain an integrated balance sheet strategy across deposits, investments, funding, and capital, aligned with the firm’s risk appetite, regulatory requirements, and business objectives.
•Evaluate trade-offs between earnings, liquidity, interest rate risk, and capital under multiple market environments and stress scenarios.
•Support balance sheet growth and optimization initiatives through data-driven analysis and actionable strategic recommendations.
•Analyze ROE, RWA, liquidity consumption, and capital efficiency for balance sheet‑intensive activities.
•Partner with business lines to evaluate deposit flows, pricing, and liquidity value across client segments and products.

Pay and Benefits

Salary: USD 137,400 - 233,600 annually

Equity and Bonus:Equity

Perks:401kPension

Key Requirements

•Bachelor’s degree in Finance, Economics, Accounting, Statistics, Mathematics or a related quantitative field; MBA or Master’s degree preferred.
•Professional certifications such as CFA, FRM, or PRM are preferred.
•10+ years of experience in Treasury, ALM, Liquidity Risk, Balance Sheet Management, or related functions within a bank or financial institution.
•Strong understanding of bank balance sheets, including deposits, securities portfolios, hedging strategies, wholesale funding, and liquidity frameworks.
•Experience supporting ALCO, senior management, and/or regulatory forums.

Experience:10+ yearsBankingTreasuryALMLiquidity riskBalance sheet management

Education:Bachelor's

Skills:CommunicationAnalytical thinkingPresentationProblem-solving

Certifications:CFAFRMPRM

Tech Stack:ExcelPowerPointPower BIALMQRMData tools

Company Brief

Northern Trust

Global financial services firm providing wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and affluent individuals, with a focus on custody, investment management, and technology-driven services.

Industry: Asset Management

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Chicago, United States

Founded: 1889

Glassdoor: 3.9

Website LinkedIn

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Northern Trust

3 months ago

Senior Balance Sheet Strategist

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 13 hours agoStatus: Live

Job Summary

Location: Chicago

Workplace: Hybrid

Employment Type: Full time

Job Function: Finance & Accounting

Key Responsibilities

•Develop and maintain an integrated balance sheet strategy across deposits, investments, funding, and capital, aligned with the firm’s risk appetite, regulatory requirements, and business objectives.
•Evaluate trade-offs between earnings, liquidity, interest rate risk, and capital under multiple market environments and stress scenarios.
•Support balance sheet growth and optimization initiatives through data-driven analysis and actionable strategic recommendations.
•Analyze ROE, RWA, liquidity consumption, and capital efficiency for balance sheet‑intensive activities.
•Partner with business lines to evaluate deposit flows, pricing, and liquidity value across client segments and products.

Pay and Benefits

Salary: USD 137,400 - 233,600 annually

Equity and Bonus:Equity

Perks:401kPension

Key Requirements

•Bachelor’s degree in Finance, Economics, Accounting, Statistics, Mathematics or a related quantitative field; MBA or Master’s degree preferred.
•Professional certifications such as CFA, FRM, or PRM are preferred.
•10+ years of experience in Treasury, ALM, Liquidity Risk, Balance Sheet Management, or related functions within a bank or financial institution.
•Strong understanding of bank balance sheets, including deposits, securities portfolios, hedging strategies, wholesale funding, and liquidity frameworks.
•Experience supporting ALCO, senior management, and/or regulatory forums.

Experience:10+ yearsBankingTreasuryALMLiquidity riskBalance sheet management

Education:Bachelor's

Skills:CommunicationAnalytical thinkingPresentationProblem-solving

Certifications:CFAFRMPRM

Tech Stack:ExcelPowerPointPower BIALMQRMData tools

Company Brief

Northern Trust

Industry: Asset Management

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Chicago, United States

Founded: 1889

Glassdoor: 3.9

Website LinkedIn