Head Of Liquidity Risk Management

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 Head of Liquidity Risk Management is responsible for managing multiple oversight functions and regular assessment of Liquidity Risk for the Bank. These functions include metric development, risk profile assessment, key controls testing and governance committee ownership. This role provides leadership and guidance to direct staff and other partners involved in Liquidity Risk globally. Additionally, this role will provide thought leadership, consultation, and will participate in business decisions with peers and senior management. Oversees, plans, and directs the activities for the Liquidity Risk unit, ensuring optimal use of resources.

Major Duties:

• Manages Risk through the direct management of a group. Oversees, plans, and directs the activities for the units, ensuring that the business objectives are being met.
• Develops, implements, and communicates an overall strategy in coordination with the Corporate Risk Council to meet both the business unit's and the corporation's strategic plan. Directs the activities of staff resources to support and facilitate business unit objectives.
• Oversees the financial and staff resources, including developing and managing capital and expense budgets, and ensuring the optimal use of resources.
• Assumes full accountability for the performance of the area as compared to the plan.
• Responsible for oversight, at the Business Unit level, of risk policy development and adherence.
• Ensures effective communication between business units and corporate risk/compliance entities.
• Participates in and/or presents to senior management and/or Board committees as appropriate.

Knowledge:

Thorough knowledge of Corporate, industry and Business Unit activities, compliance related requirements and risk mitigation techniques, is required to manage the function.

Leadership, organizational skills, and strategic vision are required to direct the activities for multiple units and to provide thought leadership and consulting throughout the business unit and/or the organization.

Analytical and communication skills are required to review/approve policies and procedures and to work with line areas to oversee and manage risk activities.
Experience:

10 or more years of industry experience, including significant exposure to key elements of risk, treasury functions, Risk Management, compliance and legal.

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.

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 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 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.