Senior Analyst/Associate Consultant - Credit and Counterparty Risk - Projects(Multiple Positions)

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:

Northern Trust is looking to recruit liquidity professionals for its Bangalore, Pune Centre. Successful recruit would be part of Northern Trust’s Credit Market Liquidity Risk Analytics and Reporting Team. This is a highly visible role, with frequent interaction with business partners in Finance, Accounting, and Credit Risk Management.

Job title: Senior Analyst/Associate Consultant

Location: Bangalore, Pune

Experience: 2-4 years of relevant experience

The key responsibilities of the role include:

Major Duties

• Support in regulatory interpretation, review and performing gap assessment for regulations impacting credit and counterparty risk (Basel, SCCL)
• Support in Internal transformation projects impacting one or more products
• Support in creating requirement documentations, working with various teams, impact analysis, testing.
• Support the daily/weekly/monthly/quarterly production of reports across key regulations like Basel RWA, CECL, CCAR, SCCL etc.
• Contribute and own credit committee tasks – working with stakeholders to create the meeting materials, action logs, overall owner for the committee material etc.
• Well versed with risk related concepts, business processes, and reporting requirements and must be able to communicate effectively through both written and verbal communication with senior management and other partners.
• Facilitate and Support strong controls over data, reports, and analysis, including automation, reconciliation and testing
• Partner should be able to understand and quickly adapt to risk systems and technology to design strategies and support complete, correct and timely reporting
• Perform documentation, procedures and controls to enable accurate and timely reporting.

Skills

• 2+ years of experience in one or more of the following areas of financial services is desired: Credit and Counterparty risk
• Strong knowledge of financial services and good understanding of at least one regulation impacting credit and counterparty – Basel, SCCL
• Good understanding of financial products like derivatives, repo-style transactions, securitization etc.
• Strong written and verbal communication skills with demonstrated success challenging and influencing outcomes
• Experience with any of the industry products – Axiom, Murex, Cognos etc.
• Strong data, analytical, and problem solving skills
• Strong hands-on experience with advanced excel

Qualifications:

• MBA and relevant industry experience

IJP Eligibility for Senior Analyst

• 24months as Analyst
• 12months as Senior Analyst

IJP Eligibility for Associate Consultant

• 24months as Senior Analyst
• 12months as Associate Consultant

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.

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.

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.