Specialist - Balance Sheet And Deposit Strategist

Northern Trust

Chicago, Illinois, United States
Base: $137,400 - $233,600 usd; bonus/equity: discr...
Hybrid
10+ years balance sheet management experience
Deep expertise in deposit pricing strategy
Alm and funds transfer pricing knowledge
The role involves developing strategies to expand the bank's deposit base through product management and pricing optimization

Job Summary

  • The role involves developing strategies to expand the bank's deposit base through product management and pricing optimization.
  • Candidates must provide holistic analysis of product profitability considering capital, liquidity, and funding constraints.
  • Northern Trust offers a comprehensive benefits package including retirement plans, health coverage, and a discretionary bonus program.

Matching Summary

The role involves developing strategies to expand the bank's deposit base through product management and pricing optimization.

Salary

Base: $137,400 - $233,600 USD; Bonus/Equity: Discretionary bonus program with potential equity component; Benefits: Comprehensive package including 401k, pension, medical, dental, vision, and paid time off

Skills & Requirements

Must-have

  • 10+ years balance sheet management experience
  • Deep expertise in deposit pricing strategy
  • ALM and Funds Transfer Pricing knowledge
  • Fixed income markets and modeling skills
  • Portfolio optimization for non-maturity deposits

Nice-to-have

  • Experience with wealth management business models
  • Knowledge of BlackRock-Aladdin or Murex systems
  • CFA, FRM, or PRM professional certifications
  • Ability to work in undefined spaces creatively

Key Requirements

  • Bachelor's degree required; MBA preferred
  • 3+ years at institution of comparable size
  • Working knowledge of global regulatory requirements
  • Exceptional communication and leadership skills

Work Rights

Not specified

Tailored Resume

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