Capital and Resolution Planning Manager (12 Months FTC)

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.

Role/ Department:

Reporting to the Head of International Capital Management and working as part of a London-based hybrid working team, the successful candidate will work on all aspects of international capital management and resolution planning, including:

• the preparation of ICAAP and ILAAP reports
• risk capital computations on regulatory/internally assessed basis
• assessment of regulatory changes/implementation of changes
• drafting Pillar 3 disclosures
• drafting liquidity risk assessments and contingency funding plans
• evaluation of new business initiatives from a capital and liquidity perspective
• Drafting recovery and Resolution materials

The key responsibilities of the role include:

• Perform a pivotal role during the annual capital adequacy assessment process for several entities: coordinating the ICAAP working groups, completing capital calculations, participating in stress testing workshops & taking final documents through governance review.
• Draft annual Pillar 3 disclosures, working closely with key stakeholders to ensure accuracy of information prior to external publication.
• Responsible for the documentation of liquidity assessment workshops and drafting of liquidity adequacy assessments.
• Responsible for annual review and documentation of contingency funding plans ensuring governance process is adhered to in a timely manner.
• Maintain and help to further develop the capital planning and the liquidity risk management tools used to manage the adequacy of Northern Trust capital and liquidity outside of the US.
• Work closely with business units and other support areas to evaluate new business initiatives and internal reorganisations to ensure the potential capital and liquidity adequacy implications are fully articulated and clearly understood by the key stakeholders.
• Assist with the analysis and implementation of regulatory initiatives at the Basel, EU and local levels that impact capital and liquidity adequacy through the regulatory change tracking process; organising and leading monthly review meetings, review and approval of impact assessment and following up on outstanding items.
• Various project work arising as a result of business or regulatory changes.

Skills/Qualifications

The successful candidate will benefit from having:

• Sound prudential knowledge gained through a treasury, regulatory policy or regulatory reporting background (IFR and IFPR, UK, EU & international prudential regimes).
• Strong MS Office skills (advanced Excel, Word & PowerPoint).
• Excellent oral and written communication skills.
• Ability to organise, manage and prioritise work in order to deliver to tight deadlines.
• Ability to work effectively with peers, senior management, and overseas colleagues.
• Investigative and questioning nature.
• Knowledge of risk management methodologies.

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.

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 MyHRHelp@ntrs.com.

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.

For further information, and to apply, please visit our website via the “Apply” button below.