Senior Analyst - Credit & Counterparty Risk - Pune

The Northern Trust Company; Pune District; On-site; INR 1,500,000 - 3,000,000; Full time

Job summary

Northern Trust is seeking a Credit/Counterparty Risk professional to join its Corporate Financial Risk team in Pune. The role involves monthly/quarterly reporting across Basel RWA, Large Exposure, and SCCL, with automation initiatives using Excel, Power Query, SQL, and Power BI to improve data quality and efficiency.

The candidate should have 3+ years of experience in credit risk, strong regulatory knowledge, and solid communication skills to interact with senior management and stakeholders.

Qualifications

• 3+ years of experience in Credit and counterparty risk.
• Strong knowledge of financial services and regulations around Risk management.
• Good understanding of financial products like derivatives, repo-style transactions etc.
• Well versed with at least one regulation - RWA, SCCL, SACCR.
• Strong written and verbal communication skills with demonstrated success challenging and influencing outcomes.
• Strong data, analytical, and problem-solving skills and strong hands-on experience with advanced excel and industry products like Axiom, Bloomberg etc.

Responsibilities

• Lead analysis and reporting of credit and counterparty risk exposures across key regulatory frameworks, including SCCL/Large Exposure, SA-CCR, Basel, and RWA.
• Support in daily/ weekly/ monthly/quarterly production of reports for key internal and external requirements.
• Participate in strategic projects involving risk data aggregation, regulatory change implementation, and reporting transformation efforts.
• Prepare presentations, committee materials, management dashboards, and executive summaries for key stakeholders.
• Support regulatory implementations, UAT testing, audits, and validation exercises.
• Drive reporting automation and data quality initiatives using Excel, Power Query, SQL, Power BI, and other analytical tools.
• Maintain robust documentation, procedures, and controls to support regulatory and audit requirements.
• Understanding of risk related concepts, business processes, and must be able to communicate effectively through both written and verbal communication with senior management and other partners.

Skills

Credit risk analysis

Regulatory knowledge

Data analysis

Communication skills

Tools

Excel

Power Query

SQL

Power BI

Axiom

Bloomberg

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.

Job Summary

Northern Trust is seeking a Credit/Counterparty Risk professional with regulatory understanding of Credit/Counterparty. Successful recruit would be part of Northern Trust's Corporate Financial Risk and will be responsible for monthly/quarterly reporting across key regulatory requirements like Basel RWA, Large Exposure/SCCL etc.

Roles and Responsibilities

• Lead analysis and reporting of credit and counterparty risk exposures across key regulatory frameworks, including SCCL/Large Exposure, SA-CCR, Basel, and RWA.
• Support in daily/ weekly/ monthly/quarterly production of reports for key internal and external requirements.
• Participate in strategic projects involving risk data aggregation, regulatory change implementation, and reporting transformation efforts.
• Prepare presentations, committee materials, management dashboards, and executive summaries for key stakeholders.
• Support regulatory implementations, UAT testing, audits, and validation exercises.
• Drive reporting automation and data quality initiatives using Excel, Power Query, SQL, Power BI, and other analytical tools.
• Maintain robust documentation, procedures, and controls to support regulatory and audit requirements.
• Understanding of risk related concepts, business processes, and must be able to communicate effectively through both written and verbal communication with senior management and other partners.

Knowledge / Experience Required

• 3+ years of experience in Credit and counterparty risk.
• Strong knowledge of financial services and regulations around Risk management.
• Good understanding of financial products like derivatives, repo-style transactions etc.
• Well versed with at least one regulation - RWA, SCCL, SACCR.
• Strong written and verbal communication skills with demonstrated success challenging and influencing outcomes.
• Strong data, analytical, and problem-solving skills and strong hands‑on experience with advanced excel and industry products like Axiom, Bloomberg etc.

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 Pune Office

The Northern Trust Pune office, established in 2016, is now home to over 3,000 employees. The office handles various functions, including Operations for Asset Servicing and Wealth Management, as well as delivering critical technology solutions that support business operations across the globe.

Our Pune team takes our commitment to service to heart. In 2024, they volunteered more than 10,000+ hours into the communities where they live and work. Learn more.