Treasury Risk Specialist, ALM

Are you a highly analytical and detail-oriented individual with a passion for managing financial risk? Do you have experience in Treasury Risk and Asset Liability Management (ALM)? Northern Trust is seeking a talented Treasury Risk Specialist to join our team and help us maintain our reputation as a leader in the financial services industry. As a member of our Treasury Risk team, you will play a crucial role in identifying and managing financial risks, ensuring the safety and stability of our organization. If you have a strong understanding of ALM principles and the ability to thrive in a fast-paced and dynamic environment, we encourage you to apply for this exciting opportunity.

1. Conduct risk assessments and develop strategies to mitigate financial risks for the organization.
2. Utilize knowledge of Treasury Risk and ALM principles to identify potential risks and vulnerabilities in the organization's financial operations.
3. Monitor and analyze market trends and economic factors to inform risk management decisions.
4. Collaborate with various departments, including finance, investments, and compliance, to implement risk management policies and procedures.
5. Develop and maintain risk management models and systems to accurately assess and monitor financial risks.
6. Conduct stress testing and scenario analysis to evaluate the organization's resilience to potential financial crises.
7. Communicate risk management findings and recommendations to senior management and other stakeholders.
8. Stay up-to-date on industry developments and regulatory requirements related to Treasury Risk and ALM.
9. Continuously evaluate and improve risk management processes and procedures to ensure the organization's financial stability.
10. Train and mentor junior team members on risk management best practices and procedures.

According to JobzMall, the average salary range for a Treasury Risk Specialist, ALM is $70,000 to $110,000 per year. However, this can vary depending on factors such as location, experience, and company size. Some individuals in this role may earn higher salaries, particularly those with extensive experience and advanced certifications.

Northern Trust Corporation is a financial services company that caters to corporations, institutional investors, and ultra high net worth individuals. It is one of the largest banks in the United States and one of the oldest banks in continuous operation.