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Consultant, Risk Analytics

📁
Risk Management/Compliance
📅
70537 Requisition #
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Responsible for contributing to the development of a high quality risk analytics or capital allocation framework for the Corporation. Resolves complex issues in modeling and measuring risk, allocation of capital for performance measurement, or other aspects of risk measurement.

 

1. Responsible for resolving complex issues in capital estimation, regulatory reporting, external financial statements or other aspects of risk measurement.

 

2. Responsible for model development and/or overseeing quantitative analytical processes for risk and/or ensures regular production of analytical work and reports.

 

3. Evaluates existing framework in relation to corporate objectives and industry leading practices. Assesses development needs and manages process to achieve desired future state.

 

4. Provides technical/theoretical expertise to resolve risk issues and enhance overall risk framework.

 

5. Works with other risk teams to ensure that risk management policies/processes and quantitative modeling approaches are consistent.

 

6. Ensures that capital modeling and allocation approaches meet both internal corporate needs and regulatory requirements related to prevailing regulatory guidance.

 

7. Works with project management team to track development efforts and resolve issues.

 

8. Operates independently; has in-depth knowledge of business unit / function.

 

9. Acts as subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level.

 

10. Carries out complex activities with significant financial, client, and/or internal business impact.

 

11. Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities.

 

12. Conducts preliminary analysis.

 

13. Responsible for interaction with different committees and/or management.

 

14. May be responsible for developing, implementing and administering programs within Risk Management for specific product(s)

A College or University degree and/or relevant proven work experience is required;

 

Advanced degree in related field (math, statistics, economics) or equivalent career experience preferred.

 

Related Industry qualification is preferred.

 

Excellent oral and written communication skills are required.

 

Analytical and problem solving skills are required.

 

Technical skills / systems knowledge (e.g. SAS, Matlab, Advanced Excel) is preferred.

 

Strong conceptual and technical knowledge of risk concepts and quantitative modeling techniques.

 

 

For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 16,500 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.

 

We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.

 

As of March 31, 2018, Northern Trust Corporation had:

 

$10.8 trillion in assets under custody/administration

$8.1 trillion in assets under custody

$1.2 trillion in assets under management

$130 billion in banking assets

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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), +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 EEO Statement
    • APAC 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