ALM Lead: Balance Sheet Strategy & Risk Analytics

Northern Trust Corp; Chicago (IL); Hybrid; USD 137,000 - 234,000; Full time

Benefits offered by this job

401k and pension

Health, dental, vision

Paid time off

Parental and caregiver leave

Life & accident insurance

Job summary

Northern Trust Corp is seeking an experienced Specialist in Asset Liability Management to lead ALM modeling, assumptions, and balance sheet strategy. You will evaluate pricing, funding choices, and risk exposures, translating complex analytics into actionable recommendations for senior leaders.

Collaborate with Treasury, Risk Management, and Finance to strengthen governance, substantiate decisions, and influence strategic balance sheet optimization across the firm.

Qualifications

• 7+ years of asset and liability management, funds transfer pricing, balance sheet strategy, Treasury, or risk management.

Responsibilities

• Lead ALM modeling and assumptions for non-maturity deposits and asset prepayment behavior.

Skills

7+ years ALM

IRRBB

NII / EVE analysis

QRM or ALM platform

FTRP knowledge

Executive communication

Education

Bachelor’s degree in Finance, Economics, or quantitative field

Advanced degree or professional designation a plus

Tools

SAS

SQL

Financial modeling tools

Job description

Northern Trust Corp is seeking an experienced Specialist in Asset Liability Management to lead ALM modeling, assumptions, and balance sheet strategy. You will evaluate pricing, funding choices, and risk exposures, translating complex analytics into actionable recommendations for senior leaders.

Collaborate with Treasury, Risk Management, and Finance to strengthen governance, substantiate decisions, and influence strategic balance sheet optimization across the firm.