Professional certifications such as CFA, FRM, or PRM are preferred. * 15+ years of experience in Treasury, ALM, Liquidity Risk, Balance Sheet Management, or related functions within a bank or ...
Professional certifications such as CFA, FRM, or PRM are preferred. * 15+ years of experience in Treasury, ALM, Liquidity Risk, Balance Sheet Management, or related functions within a bank or ...
Professional certifications such as CFA, FRM, or PRM are preferred. * 15+ years of experience in Treasury, ALM, Liquidity Risk, Balance Sheet Management, or related functions within a bank or ...
Professional certifications such as CFA, FRM, or PRM are preferred. * 15+ years of experience in Treasury, ALM, Liquidity Risk, Balance Sheet Management, or related functions within a bank or ...
Risk Management Officer
Rosemont, IL · On-site
Provide independent model risk management and support for the VP of Model Risk as follows: Model Validation * Perform independent and comprehensive validation of bank-wide statistical/econometric ...
Risk Management Officer
Rosemont, IL · On-site
Provide independent model risk management and support for the VP of Model Risk as follows: Model Validation * Perform independent and comprehensive validation of bank-wide statistical/econometric ...
Director - Balance Sheet Optimization
Chicago, IL · On-site
$137.40 - $233.60/hr
Professional certifications such as CFA, FRM, or PRM are preferred.* 10+ years of experience in Treasury, ALM, Liquidity Risk, Balance Sheet Management, or related functions within a bank or ...
New
Director - Balance Sheet Optimization
Chicago, IL · On-site
$137.40 - $233.60/hr
Professional certifications such as CFA, FRM, or PRM are preferred.* 10+ years of experience in Treasury, ALM, Liquidity Risk, Balance Sheet Management, or related functions within a bank or ...
New
Professional certifications such as CFA, FRM, or PRM are preferred. * 15+ years of experience in Treasury, ALM, Liquidity Risk, Balance Sheet Management, or related functions within a bank or ...
Professional certifications such as CFA, FRM, or PRM are preferred. * 15+ years of experience in Treasury, ALM, Liquidity Risk, Balance Sheet Management, or related functions within a bank or ...
Risk Management Officer
Rosemont, IL · Hybrid
Provide independent model risk management and support for the VP of Model Risk as follows: Model Validation * Perform independent and comprehensive validation of bank-wide statistical/econometric ...
Risk Management Officer
Rosemont, IL · Hybrid
Provide independent model risk management and support for the VP of Model Risk as follows: Model Validation * Perform independent and comprehensive validation of bank-wide statistical/econometric ...
Manager, Third Party Risk Management Capital One is seeking an energetic, self-motivated Manager to join the Third Party Risk Management (TPRM) Team within the Operational Risk Management second line ...
Manager, Third Party Risk Management Capital One is seeking an energetic, self-motivated Manager to join the Third Party Risk Management (TPRM) Team within the Operational Risk Management second line ...
Risk Management Analyst
Northbrook, IL · On-site
$20.19 - $26/hr
... Management. The associate will make informed decisions based on Risk evaluation criteria. Principle Duties and Responsibilities: * Complete underwriting for new Agent entities along with approval ...
Risk Management Analyst
Northbrook, IL · On-site
$20.19 - $26/hr
... Management. The associate will make informed decisions based on Risk evaluation criteria. Principle Duties and Responsibilities: * Complete underwriting for new Agent entities along with approval ...
... Management. The associate will make informed decisions based on Risk evaluation criteria. Principle Duties and Responsibilities: * Complete underwriting for new Agent entities along with approval ...
... Management. The associate will make informed decisions based on Risk evaluation criteria. Principle Duties and Responsibilities: * Complete underwriting for new Agent entities along with approval ...
Experienced Risk Manager
Chicago, IL · On-site
$150K - $210K/yr
... in financial risk management, quantitative risk, or a related front-office risk function ... Since 1989, we've been a stabilizing force in financial markets, providing essential liquidity upon ...
Experienced Risk Manager
Chicago, IL · On-site
$150K - $210K/yr
... in financial risk management, quantitative risk, or a related front-office risk function ... Since 1989, we've been a stabilizing force in financial markets, providing essential liquidity upon ...
Head of Risk Management
Chicago, IL · On-site
$350K - $420K/yr
This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk Management. Responsibilities * Establish risk management and E,H,S policies, procedures, and guidelines.
New
Head of Risk Management
Chicago, IL · On-site
$350K - $420K/yr
This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk Management. Responsibilities * Establish risk management and E,H,S policies, procedures, and guidelines.
New
Inland Risk Management operates as a shared service model, offering the opportunity to collaborate closely with leaders across the firm and influence risk strategy at an enterprise level. Key ...
Inland Risk Management operates as a shared service model, offering the opportunity to collaborate closely with leaders across the firm and influence risk strategy at an enterprise level. Key ...
Director of Risk Management
Oak Brook, IL · On-site
Inland Risk Management operates as a shared service model, offering the opportunity to collaborate closely with leaders across the firm and influence risk strategy at an enterprise level. Key ...
Director of Risk Management
Oak Brook, IL · On-site
Inland Risk Management operates as a shared service model, offering the opportunity to collaborate closely with leaders across the firm and influence risk strategy at an enterprise level. Key ...
Head of Risk Management
Chicago, IL · On-site
$350K - $420K/yr
This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk Management. Responsibilities * Establish risk management and E,H,S policies, procedures, and guidelines.
New
Head of Risk Management
Chicago, IL · On-site
$350K - $420K/yr
This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk Management. Responsibilities * Establish risk management and E,H,S policies, procedures, and guidelines.
New
Risk Management Engineer
$79K - $119K/yr
Responsible for managing an automated risk-based trending system that will help the organization foresee risks as well as objectively proving that risk controls are effective. Provide expertise to ...
Risk Management Engineer
$79K - $119K/yr
Responsible for managing an automated risk-based trending system that will help the organization foresee risks as well as objectively proving that risk controls are effective. Provide expertise to ...
Director of Risk Management
Oak Brook, IL · On-site
$145K - $189K/yr
Inland Risk Management operates as a shared service model, offering the opportunity to collaborate closely with leaders across the firm and influence risk strategy at an enterprise level. Key ...
Director of Risk Management
Oak Brook, IL · On-site
$145K - $189K/yr
Inland Risk Management operates as a shared service model, offering the opportunity to collaborate closely with leaders across the firm and influence risk strategy at an enterprise level. Key ...
Director of Risk Management
Oak Brook, IL · On-site
$145.57 - $189.24/hr
Inland Risk Management operates as a shared service model, offering the opportunity to collaborate closely with leaders across the firm and influence risk strategy at an enterprise level. Key ...
Director of Risk Management
Oak Brook, IL · On-site
$145.57 - $189.24/hr
Inland Risk Management operates as a shared service model, offering the opportunity to collaborate closely with leaders across the firm and influence risk strategy at an enterprise level. Key ...
Risk Management Engineer
$79K - $119K/yr
Responsible for managing an automated risk-based trending system that will help the organization foresee risks as well as objectively proving that risk controls are effective. Provide expertise to ...
Risk Management Engineer
$79K - $119K/yr
Responsible for managing an automated risk-based trending system that will help the organization foresee risks as well as objectively proving that risk controls are effective. Provide expertise to ...
Overview The Director, Risk Management is responsible for the development, implementation and coordination of a centralized first-line of defense (LOD1) risk and internal control program for Early ...
Overview The Director, Risk Management is responsible for the development, implementation and coordination of a centralized first-line of defense (LOD1) risk and internal control program for Early ...
Position Overview The Officer, Model and AI System Risk Management will conduct various activities ... Commercial), Liquidity, Compliance (BSA/AML, Fair Lending), CECL. * Master's degree or PhD ...
Position Overview The Officer, Model and AI System Risk Management will conduct various activities ... Commercial), Liquidity, Compliance (BSA/AML, Fair Lending), CECL. * Master's degree or PhD ...
Manager Liquidity Risk Management information
See Chicago, IL salary details
$44.8K - $56.4K
8% of jobs
$56.4K - $68K
14% of jobs
$73.4K is the 25th percentile. Wages below this are outliers.
$68K - $79.6K
6% of jobs
$79.6K - $91.3K
8% of jobs
$91.3K - $102.9K
11% of jobs
The median wage is $105.3K / yr.
$102.9K - $114.5K
13% of jobs
$114.5K - $126.1K
11% of jobs
$129.6K is the 75th percentile. Wages above this are outliers.
$126.1K - $137.7K
15% of jobs
$137.7K - $149.3K
8% of jobs
$149.3K - $160.9K
4% of jobs
$160.9K - $172.6K
2% of jobs
$44.8K
$106.8K
$172.6K
How much do manager liquidity risk management jobs pay per year?
As of Aug 7, 2026, the average yearly pay for manager liquidity risk management in Chicago, IL is $106,830.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,700.00 and $136,000.00 per year, depending on experience, location, and employer.
What is the difference between Manager Liquidity Risk Management vs Liquidity Analyst?
| Aspect | Manager Liquidity Risk Management | Liquidity Analyst |
|---|---|---|
| Responsibilities | Oversees liquidity risk policies, manages teams, develops strategies | Analyzes liquidity data, monitors cash flows, prepares reports |
| Required Credentials | Bachelor's degree, often CFA or FRM, experience in risk management | Bachelor's degree, finance or related field, strong analytical skills |
| Work Environment | Management level, strategic planning, cross-department collaboration | Analytical, data-driven, primarily office-based |
| Industry Usage | Common in banking, financial services, and asset management | Widely used in banking, investment firms, and financial institutions |
The main difference is that the Manager Liquidity Risk Management focuses on leading liquidity risk strategies and managing teams, while the Liquidity Analyst concentrates on analyzing data and monitoring liquidity metrics. Both roles are essential in financial institutions but differ in scope and seniority.
What are the most commonly searched types of Liquidity Risk Management jobs in Chicago, IL? The most popular types of Liquidity Risk Management jobs in Chicago, IL are:
What are popular job titles related to Manager Liquidity Risk Management jobs in Chicago, IL? For Manager Liquidity Risk Management jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Manager Liquidity Risk Management jobs in Chicago, IL look for? The top searched job categories for Manager Liquidity Risk Management jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Manager Liquidity Risk Management jobs? Cities near Chicago, IL with the most Manager Liquidity Risk Management job openings:
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Re-posted 9 days ago
Northern Trust rating
8.2
Based on 27 frontline employees who took The Breakroom Quiz
Job description
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.
The Senior Balance Sheet Strategist is responsible for leading the development and execution of strategies to optimize the bank's balance sheet across deposits, investments, funding, and liquidity while operating within established interest rate risk, capital, and regulatory frameworks.
This position is a senior level individual contributor role that partners closely with Treasury functions, including Asset Liability Management (ALM), Liquidity, Investment Portfolio, and Funding desk, as well as Capital Management, and Business Units (Asset Servicing, Wealth Management, and Asset Management) to drive earnings growth, balance sheet resilience, and capital efficiency.
The Strategist will provide strategic leadership and deliver forward-looking analytics and strategic insights to the Treasurer, senior management, ALCO, and governance committees, with a focus on Net Interest Income (NII), liquidity optimization, deposit monetization, and interest rate risk management.
Key Responsibilities
Qualifications
Working Model: Hybrid (#LI-Hybrid)
We 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.
Applicants 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)
Salary Range:
$164,600 - 288,000 USD
Salary 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.
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 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.
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.
The Senior Balance Sheet Strategist is responsible for leading the development and execution of strategies to optimize the bank's balance sheet across deposits, investments, funding, and liquidity while operating within established interest rate risk, capital, and regulatory frameworks.
This position is a senior level individual contributor role that partners closely with Treasury functions, including Asset Liability Management (ALM), Liquidity, Investment Portfolio, and Funding desk, as well as Capital Management, and Business Units (Asset Servicing, Wealth Management, and Asset Management) to drive earnings growth, balance sheet resilience, and capital efficiency.
The Strategist will provide strategic leadership and deliver forward-looking analytics and strategic insights to the Treasurer, senior management, ALCO, and governance committees, with a focus on Net Interest Income (NII), liquidity optimization, deposit monetization, and interest rate risk management.
Key Responsibilities
- Develop and maintain an integrated balance sheet strategy across deposits, investments, funding, and capital, aligned with the firm's risk appetite, regulatory requirements, and business objectives.
- Evaluate trade-offs between earnings, liquidity, interest rate risk, and capital under multiple market environments and stress scenarios.
- Support balance sheet growth and optimization initiatives through data-driven analysis and actionable strategic recommendations.
- Analyze Return on Equity (ROE), Risk-Weighted Assets (RWA), liquidity consumption, and capital efficiency for balance sheet-intensive activities.
- Partner with business lines to evaluate deposit flows, pricing, and liquidity value across client segments and products.
- Support deposit monetization strategies, including pricing optimization and balance sheet allocation decisions.
- Assess liquidity buffers and contingent funding considerations and incorporate impacts into financial outlooks and strategic plans.
- Support in the development of NII forecasts and sensitivity analysis, and assess impacts to interest rate risk metrics (e.g., NII shock, MVE).
- Evaluate hedging and investment strategies to manage interest rate risk while supporting earnings objectives.
- Ensure consistency across forecast assumptions, deposit betas, investment strategies, and approved balance sheet initiatives.
- Produce and present balance sheet and NII analytics for senior management, ALCO, and regulatory forums.
- Ensure transparency, documentation, and governance alignment in all strategic recommendations.
- Partner with Investment Portfolio, Liquidity, Capital Management, Technology, and Finance to improve balance sheet analytics, processes, and systems.
- Contribute to the ongoing enhancement of balance sheet models, data infrastructure, and reporting automation initiatives.
- Provide thought leadership on market trends, yield curve dynamics, and competitive positioning.
Qualifications
- Bachelor's degree in Finance, Economics, Accounting, Statistics, Mathematics or a related quantitative field; MBA or Master's degree preferred.
- Professional certifications such as CFA, FRM, or PRM are preferred.
- 15+ years of experience in Treasury, ALM, Liquidity Risk, Balance Sheet Management, or related functions within a bank or financial institution.
- Strong understanding of bank balance sheets, including deposits, securities portfolios, hedging strategies, wholesale funding, and liquidity frameworks.
- Experience supporting ALCO, senior management, and/or regulatory forums.
- Deep knowledge of balance sheet strategy, NII drivers, liquidity metrics, and interest rate risk.
- Strong analytical and financial modeling skills with the ability to translate complex analysis into executive-level insights.
- Excellent written and verbal communication skills, including the ability to lead the development of senior management level presentations.
- Ability to operate effectively in a highly regulated environment with strong governance discipline.
- Advanced Excel and PowerPoint skills; experience with Power BI, ALM/QRM platforms and data tools strongly preferred.
Working Model: Hybrid (#LI-Hybrid)
We 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.
Applicants 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)
Salary Range:
$164,600 - 288,000 USD
Salary 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.
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 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.
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