CAREERS

Analyst, Operational Risk Analytics

📁
Risk Management/Compliance
📅
98628 Requisition #

About Northern Trust:
Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With over 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. 

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 that is committed to strengthening the communities we serve!                
We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why we are honored to receive the following awards in 2021: 
• Gender Equality Index Member, Bloomberg
• Top Financial & Banking Company,
Black EOE Journal, Hispanic Network Magazine, Professional WOMAN'S Magazine

We’d love to learn more about how your interests and experience could be a fit with one of America’s best banks and most sustainable companies! Build your career with us and apply today.

Summary
Analyst, Operational Risk Analytics is a key member of Risk Analytics & Data Services team and will have the responsibility for all the Operational Risk models. The role will cover several aspects of model development, model execution and reporting, as well as ensuring adherence to internal policies and procedures, and key regulatory requirements

Job title: Analyst 
Location: Bangalore
Experience: 6months to 2 years of relevant experience

Major Duties
• Responsible for the redevelopment/execution of the Operational Risk capital models, internal ICAAP and capital allocation models, and resolving complex issues during the process
• Support the team in the development of Operational Risk CCAR Stress Testing model. Additionally, support the team in the development of data visualization dashboards and machine learning initiatives
• Responsible in the production of regulatory reports, and internal operational loss reports/dashboards to business unit managers as and when required
• Responsible for the automation of data analytics dashboards (using R Scripting), and model documentation automation (using LateX)
• Evaluate existing model framework, assess model enhancement needs and pitch ideas in accordance with the industry leading practices
• Work with other risk and compliance teams (quality assurance, model validation, audit etc.) to ensure that the model framework is consistent with the regulatory and internal policy and guidelines

Skills:
• Strong statistical modelling skills
• Knowledge of time series modelling
• Knowledge of probability distributions, monte-carlo simulations, copulas etc.
• Strong scripting skills in R, Python or equivalent (R is preferred)
• Expertise in Tableau, Power BI etc. for data visualization projects
• Strong analytical and problem solving skills
• Strong communication skills
• Knowledge of model governance, model validation, monitoring, and regulatory guidance
• Experience in the development or validation of Operational Risk models is a plus

Qualifications 
• Masters in Statistics/Economics/Mathematics/other degree in quantitative field
• B.Tech. From Tier-1 college

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Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements
  • APAC/India EEO Statement
    • APAC/INDIA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • Canada EEO Statement
    • Canada EEO STATEMENT

      Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

  • EMEA EEO Statement
    • EMEA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • USA EEO Statement
    • USA EEO STATEMENT

      It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO poster (U.S.)EEO is Law Poster Supplement