Associate Consultant, Risk Analytics

About Northern Trust

As a global leader in innovative wealth management asset servicing asset management and banking services Northern Trust (Nasdaq: NTRS) is proud to guide the worlds most successful individuals families corporations and institutions.

Since 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.

With more than 135 years of financial experience and over 24000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

Associate Consultant Risk Analytics

Key Responsibilities:

Support end-to-end credit risk model lifecycle activities including model development implementation monitoring recalibration and governance. Develop and enhance credit risk models such as PD LGD EAD Stress Testing CECL CCAR and Economic Capital models. Perform data analysis segmentation feature engineering statistical testing and model performance evaluation. Execute ongoing model monitoring back testing benchmarking stability analysis and performance assessments. Identify model weaknesses emerging risks and recommend model improvements or recalibration actions. Support model implementation UAT production testing and validation of model outputs against approved methodologies. Prepare and maintain model documentation monitoring reports governance materials and regulatory submissions. Ensure compliance with internal Model Risk Management standards and regulatory expectations. Partner with Model Validation Technology Business Audit and Risk Management teams throughout the model lifecycle. Present analytical findings and model performance results to management committees and senior stakeholders. Act as a subject matter expert and mentor junior team members on credit risk modeling and governance practices. Drive process improvements automation initiatives and best practices across model development and monitoring activities.

Qualifications:

• Bachelors or masters degree in Statistics Mathematics Economics Finance Engineering or a related quantitative field.
• 3-5 years of experience in Credit Risk Modeling Model Validation Monitoring or Quantitative Risk Analytics.
• Strong knowledge of Basel CECL CCAR Model risk management and banking risk frameworks preferred.
• Proficiency in SAS SQL Python and Advanced Excel.
• Excellent analytical problem-solving and communication skills.

Working with Us

As 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.

Philanthropy is deeply rooted in Northern Trusts 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.

Reasonable Accommodation

Northern 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.

About Our Bangalore Office

The Northern Trust Bangalore office established in 2005 is home to over 5600 this stunning office space we offer fantastic amenities which include our Arrival Hub - Jungle the GameZone and the Employee Experience Zone that appeal to both clients and employees.Learn more.