Associate Consultant, Financial Institution & Counterparty Risk

085 Northern Operating Srvs Pvt Ltd; Bengaluru; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

Northern Trust in Bengaluru seeks an experienced credit underwriter to manage a portfolio of counterparties including hedge funds and emerging market banks and countries. You will apply CAMELS concepts, support CCR guidelines, and collaborate with teams to ensure compliant, timely analyses.

The role involves NAV monitoring, financial analysis for subsidiaries, and ad-hoc reporting, with a focus on accuracy and risk mitigation in a global wealth and asset services environment.

Qualifications

• 4–6 years of counterparty and/or country analysis experience.
• CFA designation is preferred.
• Bachelor's or Master's in Business Management or Finance.
• Solid grasp of CAMELS framework and PD/LGD/EAD concepts.

Responsibilities

• Perform credit underwriting for Hedge Funds, EM banks and countries for BR and limit assignments.
• Familiarity with NT's CCR process and guidelines and related frameworks.
• Independently manage a portfolio of EM countries and respond to 1LoD and other stakeholders.

Skills

Credit underwriting

Counterparty risk analysis

Country risk analysis

Financial analysis

Presentation to credit committees

Education

Bachelor's degree in Business Management or Finance

Master's degree in Business Management or Finance

CFA designation

Tools

MS Word

Excel

Power BI

Job description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Major Responsibilities:

Perform credit underwriting for Hedge Funds, Emerging Market Banks and Countries for BR and Limit Assignment Familiarity with NT's CCR process and guidelines and other internal frameworks and committees, including making presentations to credit committees Independently handle a portfolio of emerging market countries and respond to queries from 1LoD and other stakeholders related to reviews and limits Assist lead underwriters in financial/credit analysis for subsidiaries Prepare NAV monitoring and other ad-hoc reporting and audit requests Perform portfolio reviews in a timely manner, shadow lead underwriters on client due diligence calls

Knowledge Skills:

Strong understanding of banking financial statements, CAMELS framework and counterparty credit risk concepts such as PD, LGD, EAD Familiarity with Country Risk Assessment framework and banking regulations Familiarity with Hedge Fund - Strategies, NAV and Return Calculations, Sharpe Ratio, Volatility Calculations among others Attention to detail, organizational skills and ability to work independently Good working knowledge of MS Word, Excel, Power BI

Experience Required:

Bachelors or Masters in Business Management or Finance and/or CFA designation are preferred. 4-6 years of experience in counterparty and/or country analysis, in a buy-side or counterparty risk function is required.

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 committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.

About Our Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees. In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more. Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

Terms and Conditions

Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America 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), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

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

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

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

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 Know Your Rights (U.S.)