Northern Trust
Liquidity Analyst, Cash Management
Northern Trust, Chicago, Illinois, United States, 60290
About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s 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 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. The Cash Analysis team is critical to Northern Trust’s mission to deliver world-class customer service to our clients. Our team is responsible for managing and projecting the Corporation’s daily liquidity position of North and South American currencies at agent banks and cash settlement systems such as the Federal Reserve and DTCC. This role will focus on Northern Trust’s intraday liquidity management at the Federal Reserve but also provide exposure and career development opportunities in other areas.The Liquidity Analyst (Sr Consultant) operates under general supervision but works on their own most of the time. Technically competent to act as the first point of reference for day-to-day queries, and serves as a liaison to related areas. Has both broad and in-depth knowledge in intraday liquidity management, plus strong knowledge of related areas. Carries out relatively complex, extensive, high profile activities e.g. direct interaction with stakeholders, governance committees and senior management. Demonstrates excellent analytical, consultative, communication and judgment skills. Focuses on maintenance and implementation of policies, procedures, and productivity in the function, building towards becoming a subject matter expert.Major Duties:Project basedSubject matter expert on Liquidity for the North and South American marketsWorking closely with Capabilities, Treasury and Risk on strategic initiatives to help improve client experience while protecting the bank’s liquidityRepresent Cash analysis at various internal liquidity governance forumsLead strategic initiatives around liquidity for the practiceCollaborate with our team across the globe in establishing consistent processes across self-clearing marketsDrive idea generation across the team and drive process improvementsDay to DayMonitor/manage NT's Federal Reserve balance intraday to ensure adequate liquidity is available for funding needs and reserve requirementsAct as the point of contact for all liquidity escalationsCollaborate with operations teams, client-facing partners, and Treasury on projected large cash movements that will impact our liquidity position and decision-makingFocus on maintaining/strengthening business resiliency for liquiditySupport liquidity monitoring at our agent banks in Canada and various South American markets as neededKnowledge/Skills:Proficient technical and analytical skills (Excel) and collaboration skills (Microsoft Teams)Strong project management skills- ability to drive strategic initiatives for the practice to completionAbility to proactively identify areas of risk and work closely with stakeholders to establish controlsAbility to identify process inefficiencies and develop procedural improvementsPossess the ability to build strong working relationships with various partner areas of the bankPossess working knowledge of the firm, the custody industry and technologySelf-driven with a sense of accountability for accuracy and quality of work producedAn understanding of liquidity management is preferredAn understanding of the Global markets and swift is beneficialExperience Required8-10 or more years of related business experience. Cash Management experience is strongly preferred.Experience with Liquidity Management Engine (LME) and Money Transfer System (MTS) a plusKnowledge of the US market (DTC and FED)Background in treasuryWorking 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.We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today.
Reasonable accommodationNorthern 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
MyHRHelp@ntrs.com .We hope you’re 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.For further information, and to apply, please visit our website via the “Apply” button below.
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Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s 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 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. The Cash Analysis team is critical to Northern Trust’s mission to deliver world-class customer service to our clients. Our team is responsible for managing and projecting the Corporation’s daily liquidity position of North and South American currencies at agent banks and cash settlement systems such as the Federal Reserve and DTCC. This role will focus on Northern Trust’s intraday liquidity management at the Federal Reserve but also provide exposure and career development opportunities in other areas.The Liquidity Analyst (Sr Consultant) operates under general supervision but works on their own most of the time. Technically competent to act as the first point of reference for day-to-day queries, and serves as a liaison to related areas. Has both broad and in-depth knowledge in intraday liquidity management, plus strong knowledge of related areas. Carries out relatively complex, extensive, high profile activities e.g. direct interaction with stakeholders, governance committees and senior management. Demonstrates excellent analytical, consultative, communication and judgment skills. Focuses on maintenance and implementation of policies, procedures, and productivity in the function, building towards becoming a subject matter expert.Major Duties:Project basedSubject matter expert on Liquidity for the North and South American marketsWorking closely with Capabilities, Treasury and Risk on strategic initiatives to help improve client experience while protecting the bank’s liquidityRepresent Cash analysis at various internal liquidity governance forumsLead strategic initiatives around liquidity for the practiceCollaborate with our team across the globe in establishing consistent processes across self-clearing marketsDrive idea generation across the team and drive process improvementsDay to DayMonitor/manage NT's Federal Reserve balance intraday to ensure adequate liquidity is available for funding needs and reserve requirementsAct as the point of contact for all liquidity escalationsCollaborate with operations teams, client-facing partners, and Treasury on projected large cash movements that will impact our liquidity position and decision-makingFocus on maintaining/strengthening business resiliency for liquiditySupport liquidity monitoring at our agent banks in Canada and various South American markets as neededKnowledge/Skills:Proficient technical and analytical skills (Excel) and collaboration skills (Microsoft Teams)Strong project management skills- ability to drive strategic initiatives for the practice to completionAbility to proactively identify areas of risk and work closely with stakeholders to establish controlsAbility to identify process inefficiencies and develop procedural improvementsPossess the ability to build strong working relationships with various partner areas of the bankPossess working knowledge of the firm, the custody industry and technologySelf-driven with a sense of accountability for accuracy and quality of work producedAn understanding of liquidity management is preferredAn understanding of the Global markets and swift is beneficialExperience Required8-10 or more years of related business experience. Cash Management experience is strongly preferred.Experience with Liquidity Management Engine (LME) and Money Transfer System (MTS) a plusKnowledge of the US market (DTC and FED)Background in treasuryWorking 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.We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today.
Reasonable accommodationNorthern 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
MyHRHelp@ntrs.com .We hope you’re 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.For further information, and to apply, please visit our website via the “Apply” button below.
#J-18808-Ljbffr