Associate Consultant, Capital Market Risk

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.

Northern Trust is looking to recruit professionals for its Bangalore/Pune Centre. Successful recruit would be part of Northern Trust's Capital Markets Credit Risk Team. This is a highly visible role, to work on key regulatory projects, frequent interaction with business partners across the globe.

Job title: Associate Consultant

Location: Bangalore/ Pune (Hybrid model, 3 days per week in office)

Experience: 4+ years of relevant experience

Job Duties:

• Well versed with risk related concepts, capital market product and Stress testing process.

• Evaluating the potential impact of stress scenarios on various business lines and risk types.

• Continuous monitoring and reporting of stress test results

• Partnering with business units and underwriters to develop and implement risk mitigation strategies.

• Facilitate and Support strong controls over data, reports, and analysis, including automation, reconciliation and testing

• Work closely with oversight risk committees presenting explanations for trends and issues identified through the analysis, monitoring and reporting process

• Perform documentation, procedures and controls to enable accurate and timely reporting

• Understand and quickly adapt to risk systems and technology to design strategies and support complete, correct and timely reporting

Qualification:

• Master/ Bachelor Degree in Finance/Statistics/FRM

Skills Required:

• 4+ years of experience as a Risk Analyst

• Strong analytical and problem solving skills

• Knowledge of risk management principles and practices

• Good understanding of capital market products and stress testing

• Excellent communication and collaboration skills

• Knowledge of any one or more tools such as Risk Manager, Power BI, Incorta, Adenza, Azure Dev ops.

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

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.

About Our Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees.  In 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.