Analyst, Investment Oversight & Risk

Analyst, Investment Oversight & Risk

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.

SUMMARY

Seeking a candidate with quantitative aptitude and an interest in investment models, data analytics, and model risk management. The role supports the oversight, monitoring, testing, and documentation of investment and AI-enabled models used across Northern Trust Asset Management. The successful candidate will apply statistical and analytical techniques to evaluate model performance, automate monitoring activities, analyze model data, and support model governance requirements. Candidates should possess a strong analytical foundation, programming skills, attention to detail, and the ability to communicate complex concepts clearly.

Works with moderate guidance while developing knowledge of investment processes, model risk management practices, and applicable regulatory expectations.

MAJOR DUTIES

• Perform quantitative analysis of investment and AI-enabled models.

• Support model monitoring activities, including performance testing, threshold monitoring, trend analysis, and investigation of model performance issues.

• Develop and maintain analytical tools, scripts, and dashboards used for model oversight and reporting.

• Analyze large datasets to identify patterns, anomalies, and emerging risks.

• Assist in the design, automation, and execution of model controls and monitoring processes.

• Prepare model governance documentation, monitoring reports, committee materials, and supporting analysis.

• Partner with model users, technology teams, and business stakeholders to understand model methodologies, data flows, and key assumptions.

• Support model inventory, risk assessments, validation activities, and regulatory requests.

• Apply established policies, standards, and procedures while exercising judgment in routine analytical situations.

KNOWLEDGE/SKILLS

• Requires conceptual knowledge in quantitative analysis, statistics, data science, investments, financial markets, or a related discipline.

• Strong quantitative and analytical background.

• Familiarity with statistical methods, mathematical modeling, machine learning, and artificial intelligence concepts preferred.

• Experience with data analytics tools including Python, SQL, Power BI, or similar technologies.

• Experience working with large datasets and data visualization techniques.

• Demonstrates intellectual curiosity and ability to learn new concepts, technologies, and business processes.

• Explains complex information to others in straightforward situations.

EXPERIENCE

• For internal applications - 24 months as Associate Analyst/Associate Consultant/Technical Coordinator(currently P1)

• Degree in a designated STEM field including mathematics, statistics, physics, engineering, computer science, quantitative finance, economics, or similar disciplines. Advanced degree preferred.

• Postgraduate degree or 2-5+ years of experience in quantitative analysis, data science, analytics, risk management, investment analysis, or a related field.

• Demonstrated experience applying analytical techniques to solve complex problems.

• Experience with programming, automation, statistical analysis, or data-driven research preferred.

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.

Experience Level

Senior Level