Consultant - Financial Institutions & Counterparty Risk

085 Northern Operating Srvs Pvt Ltd; Bengaluru; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Northern Trust Corp seeks an experienced Credit Risk professional to independently manage portfolio hygiene and assess credit exposure for a mix of country, banks/brokers and hedge funds in a global context. You will evaluate institutions, track market developments and prepare memos for credit committees.

The role requires strong analytical writing, relationship skills, and the ability to communicate risk clearly to senior stakeholders.

Qualifications

• 6–8 years of banking or financial/credit analysis experience.
• CFA/FRM added advantage.
• MBA or advanced degree preferred.

Responsibilities

• Manage a portfolio's credit exposure risk for assigned country, banks/BDs and hedge funds.
• Analyze counterparties and countries; prepare credit memos and present to committees.
• Act as SME on country risk to partners and guide risk strategies.
• Contribute to development of risk monitoring processes and models.

Skills

Credit risk analysis

Country risk analysis

Presentation skills

Education

Finance degree

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

Responsible for independently managing the portfolio hygiene of an assigned portfolio of credit exposure risk for a group of Country, Banks/Broker Dealers and Hedge Funds. Perform analysis of counterparties and countries annually or on ad-hoc basis; Assigns Probability of Default ratings. Evaluates an institution’s creditworthiness and track market developments and stability. Prepares written credit memos and makes presentations to credit committees Monitor trends and be able to serve as the SME and trusted advisor on assigned countries to partners. Manage relationships with local business units, inform of credit issues, and provide guidance for the development of strategies. Familiarity with rating models and other credit frameworks and Contribution to the development of risk monitoring products, processes and models related to counterparties and countries.

Knowledge Skills

Excellent communication, verbal, leadership and strategic skills Extensive knowledge of Bank and Broker dealer analysis Working knowledge of Country risk Highly flexible and adaptable to change; ability to multi-task on several assignments at once Advanced analytical, writing skills and some quantitative skills Strong relationship and presentation skills Ability to develop relationships at all levels of the organization and crisis management/multi-tasking skills

Experience Required

6 - 8 years of banking or other financial/credit analysis related experience Bachelors or Masters in Business Management or Finance required. CFA/FRM added advantage Experience in counterparty and/or country analysis, in a buy-side or counterparty risk function is preferred.

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.

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 under 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.