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.
Job Summary
We are seeking a senior Liquidity Risk professional to join its Corporate Liquidity Risk Management team in Bangalore/Pune.
This is a second line of defense role, responsible for independent oversight, challenge, and monitoring of the firm’s liquidity risk profile, regulatory compliance, and risk governance framework.
This is an individual contributor role with senior stakeholder management. The role offers high visibility, frequent interaction with Treasury (1LoD), senior risk leadership, and global stakeholders, and exposure to key regulatory liquidity metrics and governance forums.
Roles and Responsibilities
Own the development and maintenance of the Liquidity Risk Policy, Standards and associated governance documentation, ensuring full compliance based on Northern’s governance framework
Present and contribute to key governance committee Market and Liquidity Risk Committee, Data and Governance committee
Support enhancement of liquidity risk measurement methodologies and models underpinning key liquidity metrics, deposit, stress testing, risk appetite measures etc. Ensure models/methodologies remain robust, data-driven and aligned to evolving regulatory standards and internal risk appetite, while providing analytical support to validate and refine assumptions/methodologies.
Support ongoing challenge and change management of Liquidity risk models
Assessing compliance with regulatory requirements and common industry practices applicable to liquidity management
Engage with audit and associated remediation efforts in collaborating with multiple teams.
Working closely with more junior members that will assist with independent analysis
Recommending and advising on areas of enhancements, and informing risk oversight committees of mitigation steps
Manage risk by recommending and advising on key risks, associated controls and framework for monitoring and containing the risk.
Knowledge / Experience Required:
9+ years of experience in one or more of the following areas of financial services is desired: treasury, risk management, compliance or regulatory oversight, consulting, or financial reporting with working experience on liquidity risk management.
Strong written and verbal communication skills with demonstrated success challenging the status quo, influencing outcomes, and consensus building. Experience presenting key risks to senior management.
Strong analytical and quantitative skills, critical thinking, investigative problem-solving and demonstrated resilience to take unpopular viewpoints as warranted
Understanding of liquidity regulations and applying these expectations to practice (e.g. Enhanced Prudential Standards, LCR, NSFR, 2052a, SR 10-6, SR 12-7 and others)
Strong knowledge of financial services is expected, including understanding of balance sheets and custody business and implications to potential liquidity exposures is a plus
Familiarity with treasury instruments, funding and investment activities, and cash and settlement practices are a plus
Experience with analytics within Excel, Python, Power BI, PowerApps, AI or other tools is a plus
Industry Certification (CFA/FRM) is preferred
Shift coverage: EMEA - 1:30PM to 10:30PM IST
Internal Eligibility Criteria:
24 months as Consultant for vertical movement to Senior Consultant
12 months as Senior Consultant for lateral movement.
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. #MadeForGreater
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 [email protected].
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.
About Our Bangalore Office
The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees. In this stunning office, space, we offer fantastic amenities which include our Arrival Hub – Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.
Skills Required
- 9+ years experience in treasury, risk management, compliance, regulatory oversight, consulting, or financial reporting with liquidity risk experience
- Developing and maintaining liquidity risk policy, standards, and governance documentation
- Experience presenting and escalating key risks to senior management and governance committees
- Strong analytical and quantitative skills, critical thinking, investigative problem solving
- Understanding and applying liquidity regulations (e.g., Enhanced Prudential Standards, LCR, NSFR, 2052a, SR 10-6, SR 12-7)
- Experience supporting or challenging liquidity risk models, stress testing, deposit/runoff and risk appetite measures
- Familiarity with treasury instruments, funding and investment activities, cash and settlement practices
- Experience with analytics tools (Excel, Python, Power BI, PowerApps, AI) for model validation and reporting
- Industry certification (CFA or FRM)
Northern Trust Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Northern Trust and has not been reviewed or approved by Northern Trust.
-
Retirement Support — Retirement offerings are positioned as a standout, with a 401(k) plus an additional employer-funded pension described as a differentiator. This combination is repeatedly framed as a meaningful offset within total rewards, especially for long-term financial security.
-
Leave & Time Off Breadth — Time-off benefits are depicted as generous, spanning paid time off, holidays, and dedicated paid volunteer time. The breadth of leave options is highlighted as a consistent strength that supports work-life balance.
-
Healthcare Strength — Health coverage is characterized as comprehensive, typically including medical, dental, vision, and mental-health support through an assistance program. The offering is portrayed as robust and family-supportive, with multiple plan options in some descriptions.
Northern Trust Insights
What We Do
As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. A globally recognized Fortune 500 Company in continuous operation since 1889, we’ve built a legacy of empowering clients to reach their goals with confidence. Since our roots as a trust bank, we’ve grown to a global presence with more than 24,000 employees in more than 20 countries and across six core business units: Wealth Management Asset Management Asset Servicing Technology Corporate Functions Enterprise Operations Join a Team That’s Achieving Greater At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the drive to challenge the way things have always been done. Instead of choosing between a dynamic career and work-life balance, enjoy working with a team that supports your goals in the office and at home. We’ll help you get where you want to go without sacrificing what matters most to you. Delivering value and adhering to our enduring principles What are enduring principles? Since our founding, they have guided our strategy and success. Thanks to the dedication of our partners, Northern Trust continues to thrive by adhering to three enduring principles: service, expertise and integrity . What does this mean? Service Northern Trust has a relentless drive to provide exceptional service to our clients, our partners and our communities. We set new standards and go above and beyond in our commitment to delivering greater results. Expertise Expertise is at the core of who we are. We focus sharply on what we do well. From expanding our capabilities, to hiring talented professionals to developing innovative solutions, our expertise is why we continue to be a trusted advisor for generations of families and institutions. Integrity Operating with uncompromising ethics is central to Northern Trust’s heritage. As a result, our clients, partners and communities know they can rely on us. For more than 130 years, our integrity has been our guide – and that will never change.
Why Work With Us
At Northern Trust, we go further because we go together. We embrace flexibility, encourage balance, and prioritize inclusion at all levels, working together to keep you connected. We are committed to our employees—all 24,000 of them. Whether this is a first step or a bold new leap in your career, we’re here to help you move forward.
Gallery
