Practice Lead, Foa

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 Northern Trust Company seeks a Practice Lead, FOA to define the strategic direction for global risk and quantitative analytics services and software products. Drive the initiation of new services and products to commercialize on changes in the investment analytics landscape. Utilize data science tools to design and test new data models and visualizations. Support client front office professionals and deliver against analytical needs. Define quantitative research initiatives and data science projects that enable fact-based and data-driven investment. Make staffing decisions, manage expenses, and lead the salary review process for the division.

Position requires a Master’s degree in Statistics, Financial Mathematics, Financial Engineering or a related field, and 5 years of experience with statistical and econometric modeling. 

Experience must include a minimum of: 

• 5 years of experience developing pricing, risk management, and performance models for derivative products and multi-asset portfolio; 
• 5 years of experience running model and business back testing for products, strategies, and portfolios; 
• 5 years of experience with project management; 
• 5 years of experience with Java, MATLAB, Python, or comparable languages. Part time telecommuting may be permitted.

Job Location: Chicago, IL. To apply, please visit our website and enter job requisition number R122309 when prompted. Alternatively, please send your resume, cover letter, and a copy of the ad to: Lora Dulfer, 181 W. Madison, Chicago, IL 60602.

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.

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.

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.