Associate Consultant - Market Trading Risk Analytics (Pune/Bangalore)

Northern Trust
Bengaluru, Pune
Workplace: OnsiteFull timeFunction: Capital Markets, Trading & QuantExperience: 4+ yearsEducation: mastersSkills: ["Problem-solving","Analytical thinking","Written and verbal communication","Independent work","Stakeholder communication"]

Develop and maintain FX market trading risk analytics to support Chicago trading risk management. Oversee daily VaR analysis, open position monitoring, limit adherence, and stress-scenario modeling, while tracking principal exposure against risk appetite. Support regulatory reporting and audit/compliance needs, improve P&L attribution and capital/RWA metrics, and collaborate with IT to integrate models into existing systems for stakeholders including senior risk and trading teams.

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FursaFursa
Northern Trust
Northern Trust
3 days ago

Associate Consultant - Market Trading Risk Analytics (Pune/Bangalore)

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Last checked: 9 hours agoStatus: Live

Job Summary

Develop and maintain FX market trading risk analytics to support Chicago trading risk management. Oversee daily VaR analysis, open position monitoring, limit adherence, and stress-scenario modeling, while tracking principal exposure against risk appetite. Support regulatory reporting and audit/compliance needs, improve P&L attribution and capital/RWA metrics, and collaborate with IT to integrate models into existing systems for stakeholders including senior risk and trading teams.
Location: Bengaluru, Pune
Workplace: Onsite
Employment Type: Full time
Job Function: Capital Markets, Trading & Quant
Seniority: Mid level

Key Responsibilities

  • •Perform daily market risk oversight for FX trading, including VaR analysis, open position monitoring, limit adherence, and stress-scenario modeling.
  • •Monitor market volatility using quantitative techniques to ensure principal exposure remains within the firm’s risk appetite.
  • •Maintain data and provide information for regulatory reports and internal Audit/Compliance activities.
  • •Develop and improve metrics and analyses for P&L attribution, regulatory capital consumption, and return on capital/RWA; manage related initiatives and remediation.
  • •Interpret model outputs, communicate findings, and partner with IT teams to integrate models and analytical tooling into existing systems and infrastructure.

Key Requirements

  • •4+ years of relevant experience in market risk, trading risk monitoring & compliance, capital calculation, and foundational FRTB knowledge.
  • •Strong understanding of VaR, default and settlement risk, stress testing, and mark-to-market calculations.
  • •Experience with capital markets and financial products such as foreign exchange, fixed income, and derivatives.
  • •Familiarity with Murex Risk and Bloomberg, and reporting tools such as Power BI, Cognos, or Tableau.
  • •Excel VBA experience building prototype risk models and reporting using Python, R, and SQL (or similar).
Experience:4+ yearsCapital marketsForeign exchangeDerivativesMarket riskTrading risk monitoring
Education:Master's in Finance
Skills:Problem-solvingAnalytical thinkingWritten and verbal communicationIndependent workStakeholder communication
Certifications:CFAFRM
Tech Stack:VaRMurex RiskBloombergPower BICognosTableauExcel VBAPythonRSQL

Company Brief

Northern Trust
Global financial services firm providing wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and affluent individuals, with a focus on custody, investment management, and technology-driven services.
Industry: Asset Management
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Chicago, United States
Founded: 1889
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