Senior Consultant - Liquidity Risk

Responsibilities

• Own the development and maintenance of Liquidity Risk Policy, Standards, and associated governance documentation.
• Present and contribute to key governance committees, including Market and Liquidity Risk and Data and Governance committees.
• Support the enhancement of liquidity risk measurement methodologies and models for key metrics, stress testing, and risk appetite.
• Provide independent oversight, challenge, and monitoring of the firm’s liquidity risk profile and regulatory compliance.
• Assess compliance with regulatory requirements and industry practices applicable to liquidity management.
• Engage with audit teams and collaborate on remediation efforts.
• Recommend and advise on risk mitigation steps and framework enhancements to senior leadership.

Requirements

• 9+ years of experience in financial services, specifically in treasury, risk management, compliance, or regulatory oversight.
• Deep understanding of liquidity regulations (e.g., LCR, NSFR, Enhanced Prudential Standards, 2052a).
• Strong analytical and quantitative skills with the ability to perform investigative problem-solving.
• Proven ability to challenge the status quo and influence senior stakeholders.
• Excellent written and verbal communication skills for presenting risks to management.

Preferred Qualifications

• Industry certifications such as CFA or FRM.
• Proficiency with analytics tools including Excel, Python, Power BI, PowerApps, or AI.
• Knowledge of balance sheets, custody business, and treasury instruments.

About the Company

Northern Trust is a Fortune 500, globally recognized financial institution that has been in continuous operation since 1889. We provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions through our enduring principles of service, expertise, and integrity.