Consultant, Financial Risk Analytics (CCAR, CECL, Python)

Consultant, Financial Risk Analytics (CCAR, CECL, Python)

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.

Job Description

• Credit Risk Analytics and Reporting
• Location: Bangalore, India
• Position: Consultant/Officer

Job Summary

• Northern Trust is seeking a Credit Risk professional with strong technical expertise in SAS, Python and understanding of CECL, CCAR stress testing process.
• The role offers high visibility, frequent interaction with senior credit risk leadership, Data, IT, Controllers and Northern’s auditors.

Roles and Responsibilities

• Own the development and maintenance of CECL, CCAR, MRM SaS Viya platform by defining change requirements, development, testing and production migration
• Own the CECL and CCAR model execution including identification and quantification of overlays and adjustments and presentation to senior stakeholders
• Perform data analysis, sensitivity analysis, variance analysis across different reports/adjustments and present the recommendations to senior leadership
• Own all control documentation, ensuring the process is compliant with SOX defined controls.
• Discuss and present all controls with Internal SOX team and external auditors.
• Make code changes based on requirements, testing and work with stakeholder to get sign off and production migration.
• Lead application migration or adhoc testing projects impacting upstream data used for CECL and CCAR process.

Knowledge / Experience Required:

• 5+ or more years of experience in one or more of the following areas of financial services is desired: risk management, compliance or regulatory oversight,  consulting, or financial reporting with working experience on credit risk management
• 5+ or more years of technical experience across SAS Viya, Python or related tools
• Understanding of CECL, CCAR or similar regulation having worked on model executions, adjustments and reporting is an advantage
• Strong written and verbal communication skills with demonstrated success challenging the status quo, influencing outcomes, and consensus building.
• Strong analytical and quantitative skills, critical thinking, investigative problem-solving 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 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