Balance Sheet Modeling Analyst Python SAS

About Northern Trust:

Northern Trust a Fortune 500 company is a globally recognized awardwinning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

The Balance Sheet Modeling Analyst will be responsible for maintaining and developing quantitative models used in Asset Liability Management and Liquidity management. The successful candidate will be a member of the Asset Liability Management Modeling team and help lead the development and maintenance of the operational deposit framework and other ALM and Liquidity models as warranted.

Ideally the prospective candidate will have experience with ALM modeling and programming knowledge of SAS and Python. Working knowledge of relational databases strong understanding of ALM modeling framework risk identification risk measurement approaches are preferred. The prospective candidate should have a working knowledge of the three lines of defense and ideally experience working closely with second line risk management and third line internal audit groups.

Duties

• Drive the development and maintenance of Treasury models primarily the operational deposit model; Responsible for the monthly production runs fielding questions related to deposits behaviors the model output.
• Lead the documentation of the operational deposit model and take the model through the model validation process and annual reviews by Model Risk Management team and any auditing process.
• Develop and deploy new model framework identify data requirements conduct testing and complete model documentation.
• Work with the other ALM models team members to identify new modeling needs and enhancements to improve model performance and address regulatory requirements
• Provide indepth knowledge and perspective on the risk drivers in the deposits and models.
• Communicate modeling framework and details 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 Interest Rate Risk liquidity risk and modeling practices
• Support balance sheet strategies with the Funding and Portfolio Management Teams.

Qualifications

• 57 years work prior ALM or Liquidity modeling experience working in a financial institution regulatory agency consulting firm or related field
• Graduate degree in Statistics Math Econometrics Engineering or other quantitative field
• Familiarity with Asset Liability Management Liquidity Risk Management and Funds Transfer Pricing
• Proficient in SAS Python SQL Microsoft Excel and PowerBI.
• Strong analytical and quantitative skills critical thinking investigative problemsolving and decisionmaking talents.
• Strong written and verbal communication skills with the ability to lead the development of senior management level presentations.
• Requires indepth conceptual and practical knowledge in own job discipline and basic knowledge of related
• Explains difficult or sensitive information; works to build consensus.

#LIHybrid

Salary Range:

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits 401k and pension) health and welfare benefits (medical dental vision spending accounts and disability) paid time off parental and caregiver leave life & accident insurance and other voluntary and wellbeing benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

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.

Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply 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 .

We hope youre 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.