CAREERS

Specialist, Risk Analytics

📁
Risk Management/Compliance
📅
77147 Requisition #
Responsible for overseeing the development and maintenance of a high quality framework for risk analytics related to stress testing, capital quantification, and/or capital allocation framework for the Corporation.   Provides high level solutions to complex issues in modeling and measuring risk, allocation of capital for performance measurement and other aspects of risk measurement. While the main focus is on operational risk analytics, projects in other risk analytics areas may be in scope.

1. Oversees and directs the development and maintenance of a high quality framework mainly for operational risk analytics related to stress testing, capital quantification, and/or capital allocation for the Corporation. 

2. Responsible for managing the model development and maintenance and/or quantitative and qualitative analytical process for risk. 

3. Evaluates and develops framework in relation to corporate objectives, prevailing regulatory guidance, and industry leading practices   Provides strategic direction on development needs and processes to achieve desired future state. 

4. Seasoned multi-disciplinary expert with extensive technical and business knowledge and functional expertise. 

5. Focus of role is on execution of strategic direction of risk measurement activities. 

6. Carries out complex initiatives involving multiple disciplines and/or ambiguous issues. 

7. Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity. 

8. Responsible for direct interaction with different committees and/or Senior Management.  Acts as primary contact for risk analytics with regulators, Audit Services, and internal Risk Teams 

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

10. Provides input and support to budget management process 
Qualifications:

Excellent oral and written communication skills are required. 

Analytical and problem solving skills are required. In-depth functional and industry knowledge is required. 

Highly flexible and adaptable to change. 

Technical skills and systems knowledge (e.g. R, Python, Matlab, Power BI, Advanced Excel techniques and VBA programming) is required.

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

Understanding of technology solutions for risk measurement and the Basel and CCAR frameworks. 

 A College or University degree and relevant proven work experience is required. Advanced degree in related field (e.g. mathematics, statistics, economics) or equivalent career experience preferred. Related Industry qualification is preferred. 

About Northern Trust: 

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 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 Forbes ranked us the top employer for Diversity in 2018. 

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and ethical companies. 

Build your career with us and apply today.

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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