Risk Analyst Job in Bangalore at Northern Trust

Northern Trust is hiring for the role of Risk Analyst!

Responsibilities of the Candidate:

• Monitor/recalibrate/implementation of CCAR models (PD/EAD/LGD), CECL models (PD/EAD/LGD), Basel models (PD/EAD/LGD), operational risk analytics models (capital models, AMA model) and PPNR models.
• Evaluate existing monitoring tools about corporate objectives and industry-leading practices.
• Assess development needs and manage processes to achieve a desired future state.
• Provide technical/theoretical expertise to resolve issues and enhance the overall risk framework and work with model owners to update the model monitoring tool.
• Ensure monitoring process following different regulations (CCAR, CECL, BASEL, IFRS9)
• Conduct analysis, independently ensuring accuracy and completeness.
• Responsible for direct interaction with different committees and/or senior management. 

Requirements:

• Master in Statistics/Economics/Mathematics/advanced degree in quant area
• Strong BASEL, CCAR, DFAST, CECL, SR-11/7 understanding
• Strong regulatory understanding 
• 1+ years of hands-on monitoring/validation/model-building experience
• Strong conceptual and technical knowledge of risk concepts and quantitative modelling techniques including familiarity with statistical concepts used in stress testing
• Strong in quantitative skills – experience in model validation a plus
• Experience in R, SAS, Matlab, advanced Excel techniques and VBA programming
• SAS is preferred
• Good multi-tasking skills
• Ability to quickly assimilate & comprehend information and deliver within strict deadlines
• Strong organizational and interpersonal skills
• Excellent verbal and written communication skills (English)
• Experience working in a multicultural and global environment
• Related Industry qualification (e.g., CFA, FRM) a plus