Sr. Analyst - Liquidity Regulatory Reporting

Northern Trust; Chicago (IL); Hybrid; USD 83,100 - 141,300; Full time

Benefits offered by this job

401k and pension

Health and welfare benefits

Paid time off

Discretionary bonus program

Job summary

Northern Trust is seeking a Sr. Analyst for Liquidity Regulatory Reporting in Chicago, Illinois. This role is pivotal for documenting and preparing complex liquidity reports, focusing on the FR 2052a. You will work closely with Controllers, Technology, and Accounting teams to ensure regulatory compliance and produce management reporting.

The ideal candidate needs to have at least 7 years of experience and a relevant degree, contributing insights to senior management on regulatory matters. This position offers a balanced hybrid working model and a comprehensive benefits package.

Qualifications

• Proven ability to analyze balance sheet and perform general ledger adjustments.
• Strong control framework and control check mindset.
• Ability to identify and mirror general ledger entries into regulatory liquidity processes.

Responsibilities

• Own the daily production of the FR 2052a submission to the Federal Reserve.
• Research and analyze day‑over‑day balance sheet movements.
• Produce daily and monthly MIS liquidity reporting for senior management.
• Advise business unit senior management on regulatory implications.

Skills

Analyzing balance sheet

General ledger adjustments

Regulatory compliance

Liquidity concepts

Education

Four-year degree

7+ years of relevant work experience

Job description

The Sr. Analyst – Liquidity Regulatory Reporting is responsible for the documentation and preparation of complex liquidity regulatory reports, with a primary focus on the FR 2052a. This role supports the preparation and submission of required reporting to applicable regulatory bodies, as well as the development of regulatory content for board reports, news releases, and public financial disclosures. Additionally, the position provides guidance to senior management within the business units on the regulatory implications of proposed transactions. The role partners closely with cross‑functional teams across the Bank, including Finance, Accounting, Controllers and global Treasury partners.

Major Duties

• Own the daily production of the FR 2052a submission to the Federal Reserve. Requires close coordination with Controllers, Technology and Global Accounting teams. Maintain procedures and standards to ensure regulatory compliance.
• Research and analyze day‑over‑day balance sheet movements and accounts out of balance with the goal of remediating in a short timeframe.
• Produce daily and monthly MIS liquidity reporting to broad distribution, including Senior Management Committees such as the Corporate Asset and Liability Management Committee.
• Advise business unit senior management on regulatory implications of proposed transactions and new product offerings.

Knowledge

• Proven ability to analyze balance sheet and perform general ledger adjustments.
• Strong control framework and control check mindset.
• Ability to identify and mirror general ledger entries into regulatory liquidity processes.
• 7+ years of work experience with related four‑year degree.
• Preferred understanding of liquidity concepts.

Working Model

Hybrid (#LI-Hybrid)

We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

Salary

$83,100 - 141,300 USD

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 well‑being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment‑based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment‑based visa).