{"id":2098819,"url":"https://alion.io/job/northern-trust-sr-analyst-balance-sheet-modeling-and-analytics","title":"Sr. Analyst - Balance Sheet Modeling and Analytics","company":{"id":1762433,"name":"Northern Trust","domain":"northerntrust.com","url":"https://alion.io/company/northerntrust","size_band":"1001-5000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Workday","truth_index":{"grade":"B","score":83,"open_postings":105,"ghost_share":0,"stale_share":0.686,"repost_share":0.019,"time_to_fill_p50_days":33,"computed_at":"2026-11-06T05:58:05Z"}},"role":"Analytics","role_family":"Analytics","seniority":"senior","employment_type":"full_time","work_mode":"hybrid","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"explicit","locations":["Chicago, United States"],"countries":["US"],"hiring_countries":[],"hiring_countries_total":0,"salary":{"min":99600,"max":169200,"currency":"USD","period":"year","gross":null,"usd_annual":169200},"salary_estimate":null,"experience_years_min":4,"visa_sponsorship":true,"relocation_package":false,"has_equity":true,"technologies":[{"name":"Machine Learning","optional":false},{"name":"Microsoft Excel","optional":false},{"name":"Power BI","optional":false},{"name":"Python","optional":false},{"name":"SAS","optional":false},{"name":"SQL","optional":false}],"status":"live","first_seen_at":"2026-10-08T17:43:03Z","employer_posted_date":"2026-10-08","last_verified_at":"2026-11-06T05:30:13Z","board_verified":true,"closed_at":null,"days_open":28,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":28},"description":"About Northern Trust\nAs 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.\nSince 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.\nWith more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.\nThe Balance Sheet Modeling Senior Analyst will be responsible for maintaining and developing quantitative models used in Asset Liability Management process and Liquidity management. The successful candidate will be a member of the Asset Liability Management Modeling team and help lead the development and maintenance of the deposit modeling and analytical framework and other ALM models.\nIdeally, the prospective candidate will have experience with ALM modeling and programming knowledge of SAS and Python. Working knowledge of relational databases, strong understanding of ALM modeling framework, balance sheet management, interest rate risk measurement approaches are preferred. The prospective candidate should have a working knowledge of the three lines of defense and ideally experience working closely with second line risk management and third line internal audit groups.\nDuties:\nDrive the development and maintenance of ALM models, including the prepayment model, core deposit model, operational deposit model, etc.; Responsible for the monthly production runs, fielding questions related to the model output\nLead the documentation of the models and take the models through the model validation process and annual reviews by Model Risk Management team and any auditing process\nDevelop and deploy new model framework, identify data requirements, conduct testing, and complete model documentation\nWork with the other ALM model team members to identify new modeling and analytical needs and enhancements to improve model performance and address regulatory requirements\nProvide in-depth knowledge and perspective on the risk drivers in the models\nCommunicate modeling framework and details in a clear and concise manner to senior management, internal oversight groups, and external regulators \nEnsure compliance with global regulatory requirements and expectations that govern Interest Rate Risk, liquidity risk, and modeling practices\nSupport balance sheet execution strategies with the Funding and Portfolio Management Teams\nQualifications\nGraduate degree in Statistics, Math, Econometrics, Engineering or other quantitative fields\n4-7 years of quantitative modeling experience within a financial institution, consulting firm, regulatory agency, or a related financial services environment\nDemonstrated experience developing, implementing, or maintaining production analytical models within a regulated financial institution\nStrong understanding of Asset Liability Management, Interest Rate Risk, Liquidity Risk Management, and balance sheet behavior modeling\nProficient in SAS, Python, SQL, Microsoft Excel and PowerBI\nStrong analytical and quantitative skills, with the ability to apply critical thinking and structured problem-solving to complex business and modeling challenges\nExperience working within model governance frameworks and collaborating with Model Risk Management, Internal Audit, and regulatory stakeholders\nDemonstrated interest in leveraging artificial intelligence, machine learning, and advanced analytics techniques to enhance modeling frameworks, automate processes, improve forecasting accuracy, and support data-driven decision-making\nExcellent written and verbal communication skills, including the ability to clearly articulate complex modeling concepts and develop presentations for senior management and governance committees\nProven ability to influence stakeholders, build consensus, and collaborate effectively across Treasury, Risk, and Technology teams\nSelf-motivated team player with strong organizational skills and the ability to manage multiple priorities in a dynamic environment.\nWorking Model: Hybrid (#LI-Hybrid)\nWe have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.\nSalary Range:\n$99,600 - 169,200 USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k 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. Northern Trust also provides a discretionary bonus program that may include an equity component.\nWork Authorization\nApplicants 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 (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).\nWorking with Us\nAs a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.\nPhilanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.\nReasonable Accommodation\nNorthern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at , or alternatively you can discuss your individual requirements with the recruiter you are working with.","description_format":"text","description_chars":6432,"description_truncated":false,"requirements":{"experience_years_min":4,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"bachelor","optional":false},"security_clearance":false,"languages":[]},"benefits":["401k plan","Equity","Hybrid work"],"hiring_locations":[{"name":"United States","iso":"US","kind":"country"}],"hiring_excludes":[],"relocation_offered":false,"industries":["Wealth Management & Financial Advisors","Asset Management & Funds","Custody & Fund Administration"],"lifecycle":[{"event":"open","at":"2026-10-08T17:43:03Z"}],"visa":[],"liveness":{"score":44,"band":"fade","label":"Fading","p_open":1,"p_active":0.588,"p_room":0.75,"age_days":28,"expected_fill_days":33,"reasons":["conf:0","stale_co","velocity","win:late","comp:brand"],"computed_at":"2026-11-06T05:58:05Z"},"pay":{"stated_usd_annual":169200,"is_top_pay":true},"html_url":"https://alion.io/job/northern-trust-sr-analyst-balance-sheet-modeling-and-analytics","json_url":"https://alion.io/job/northern-trust-sr-analyst-balance-sheet-modeling-and-analytics.json","meta":{"generated_at":"2026-11-06T09:39:53Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":17532,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-11-07T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":1762433},"rest":"https://alion.io/mcp/rest/get_company?id=1762433"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fnorthern-trust-sr-analyst-balance-sheet-modeling-and-analytics"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fnorthern-trust-sr-analyst-balance-sheet-modeling-and-analytics"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fnorthern-trust-sr-analyst-balance-sheet-modeling-and-analytics"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/northern-trust-sr-analyst-balance-sheet-modeling-and-analytics\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fnorthern-trust-sr-analyst-balance-sheet-modeling-and-analytics"}],"agent":{"mcp":"https://alion.io/mcp/jobs","mcp_open":"https://alion.io/mcp/open","next":[{"tool":"get_job","arguments":{"id":2098819}},{"tool":"search_jobs","arguments":{"company":"northerntrust.com","detail":"compact"}},{"tool":"match_people","arguments":{"job_id":2098819},"note":"people open to offers who fit this vacancy"}],"note":"The same data through MCP tools: https://alion.io/mcp/open needs no sign-in (compact searches, postings, people); https://alion.io/mcp with an Alion account has everything. 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