Associate Consultant, Risk Analytics

Northern Trust
Bengaluru, Pune
Workplace: OnsiteFull timeFunction: Data Analytics & Business IntelligenceExperience: 3-5 yearsEducation: bachelorsSkills: ["Analytical","Problem-solving","Communication"]

Support the end-to-end credit risk model lifecycle, from model development and implementation to monitoring, recalibration, and governance. Build and enhance models across PD, LGD, EAD, stress testing, CECL, CCAR, and economic capital. Perform advanced data analysis, feature engineering, statistical testing, and model performance evaluation including back testing and stability analysis. Prepare documentation and regulatory submissions, partner with validation and risk teams, and present results to senior stakeholders.

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FursaFursa
Northern Trust
Northern Trust
19 hours ago

Associate Consultant, Risk Analytics

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Source: Company careers pageValidated by: Fursa AI
Last checked: 19 hours agoStatus: Live

Job Summary

Support the end-to-end credit risk model lifecycle, from model development and implementation to monitoring, recalibration, and governance. Build and enhance models across PD, LGD, EAD, stress testing, CECL, CCAR, and economic capital. Perform advanced data analysis, feature engineering, statistical testing, and model performance evaluation including back testing and stability analysis. Prepare documentation and regulatory submissions, partner with validation and risk teams, and present results to senior stakeholders.
Location: Bengaluru, Pune
Workplace: Onsite
Employment Type: Full time
Job Function: Data Analytics & Business Intelligence
Seniority: Mid level

Key Responsibilities

  • •Support end-to-end credit risk model lifecycle activities, including 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 monitoring activities including back testing, benchmarking, stability analysis, and performance assessments; identify weaknesses and recommend improvements.
  • •Prepare and maintain model documentation, monitoring reports, governance materials, and regulatory submissions; partner with validation, technology, business, audit, and risk teams.

Key Requirements

  • •Bachelor's or master's degree in Statistics, Mathematics, Economics, Finance, Engineering, or a related quantitative field.
  • •3-5 years of experience in credit risk modeling, model validation, monitoring, or quantitative risk analytics.
  • •Strong knowledge of Basel, CECL, CCAR, model risk management, and banking risk frameworks.
  • •Proficiency in SAS, SQL, Python, and Advanced Excel.
  • •Excellent analytical, problem-solving, and communication skills.
Experience:3-5 yearsBankingCredit risk modeling
Education:Bachelor's
Skills:AnalyticalProblem-solvingCommunication
Tech Stack:SASSQLPythonAdvanced ExcelPDLGDEADStress TestingCECLCCAREconomic CapitalModel Risk Management

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
Glassdoor
Glassdoor: 3.9
WebsiteLinkedIn