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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 world’s 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 24,000 partners, we serve the world’s 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:
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 Trust’s 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 MyHRHelp@ntrs.com, 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 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.