Specialist – Liquidity Regulatory Reporting

About Northern Trust:
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. We have aligned our efforts with our three guiding Principles That Endure:
Service, Expertise, and Integrity – the cornerstones of our business conduct.

The Specialist – Liquidity Regulatory Reporting role is responsible for the review, approval and submission of complex liquidity regulatory reports, with a primary focus on the FR 2052a.

• Own the daily production and submission of the FR 2052a process to the Federal Reserve.
• Collaborate 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 applicable reporting requirements.
• Research and analyze day‑over‑day balance sheet movements and accounts out of balance, and remediate in a short timeframe.
• Produce daily and monthly MIS liquidity reporting for broad distribution, including Senior Management Committees and the Corporate Asset and Liability Management Committee.
• Advises senior management on regulatory implications of proposed transactions and new product offerings.
• Participate in strategic liquidity management initiatives, regulatory change projects, process enhancements and automation opportunities.
• Represent the firm in industry advocacy forums regarding liquidity reporting initiatives.

• 10+ years of work experience in related field; four‑year degree.
• Proven ability to analyze balance sheet and perform general ledger adjustments.
• Familiarity with FR 2052a regulatory reporting requirements and the daily submission process.
• Strong control framework and control check mindset.
• Experience with data analytics, reporting tools, and/or regulatory reporting platforms is preferred.
• Understanding of intercompany transactions performed across consolidated entities.
• Excellent communication skills – ability to convey complex regulatory and financial topics through executive‑level presentations and written materials.

Hybrid – a balanced hybrid working model to ensure you get the flexibility you need, with time spent both in the office and working from home.

Applicants must be authorized to work in the U.S. without the need for employment‑based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity.

$137,400 – $233,600 USD. Salary range is a good faith estimate of base pay.

• Retirement benefits (401(k) and pension)
• Health and welfare benefits (medical, dental, vision, spending accounts and disability)
• Paid time off, parental and caregiver leave
• Life & accident insurance, and other voluntary and well‑being benefits
• Discretionary bonus program that may include an equity component

• APAC/INDIA
  :
  Northern Trust is committed to providing equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age.
• Canada
  :
  Northern Trust is an Equal Opportunity Employer. Employment decisions are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected under applicable law.
• EMEA
  :
  Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age.
• USA
  :
  Northern Trust affirms equal opportunity in all phases of employment without regard to an individual’s age, race, color, religion, creed, gender, national origin, citizenship status, pregnancy, sexual orientation, gender identity, gender expression, genetic information, physical or mental disability, protected veteran status or any other legally protected status.