Specialist - Liquidity Regulatory Reporting

Responsibilities

• Own the daily production and submission of the FR 2052a process to the Federal Reserve.
• Collaborate closely with cross‑functional teams across the bank, including Accounting Policy, Controllers, Risk, and global Treasury partners.
• Maintain procedures and standards to ensure regulatory compliance with all applicable reporting authorities.
• Research and analyze day‑over‑day balance sheet movements and accounts out of balance, aiming for rapid remediation.
• Produce daily and monthly MIS liquidity reports for broad distribution, including Senior Management Committees and the Corporate Asset and Liability Management Committee.
• Advise business unit senior management on regulatory implications of proposed transactions and new product offerings.
• Participate in strategic liquidity management initiatives and regulatory change projects, including process enhancements and automation opportunities.

• Proven ability to analyze balance sheets and perform general ledger adjustments.
• Experience with data analytics, reporting tools, or regulatory reporting platforms is preferred.
• Represent the firm in industry advocacy forums regarding liquidity reporting initiatives.
• Ability to communicate complex regulatory and financial topics through executive‑level presentations and written materials.
• Understanding of intercompany transactions performed across consolidated entities.
• Strong control framework and control check mindset.
• Ability to collaborate with other groups to identify exceptions and post adjustments (mirroring general ledger entries) in a short timeframe.
• Ten or more years of work experience with a related four‑year degree.
• Solid understanding of liquidity concepts and regulatory reporting.

Working Model: Hybrid (#LI-Hybrid) – a balanced model that allows time in the office and from home.

Compensation: $137,400 – 233,600 USD (base pay). Northern Trust provides a comprehensive benefits package, including retirement benefits (401(k) and pension), health and wellness benefits, paid time off, parental and caregiver leave, life and accident insurance, and a discretionary bonus program.

Work Authorization: Applicants must be authorized to work in the United States without the need for employment‑based visa sponsorship now or in the future. Northern Trust will not sponsor U.S. work visas for this opportunity.