Premium Employer
i
This company page is being actively managed by
Northern Trust Operating Services Team. If you also belong to the team, you
can get access from
here
All Filters
54 Northern Trust Operating Services Jobs
Senior Consultant, Risk Analytics
Northern Trust Operating Services
posted 8hr ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Job Profile Summary:
The Operational Risk Analytics Senior Consultant is a key member of the global Non-Financial Risk (NFR) organization. As the Risk Analytics Senior Consultant, you will be an individual contributor in the second line of defense, and you will work closely with the manager of the Non-Financial Risk Quantification group. You will be responsible for model development, providing technical and theoretical expertise to resolve complex issues in capital estimation, regulatory reporting, and system implementation and maintenance.
The Operational Risk Analytics Senior Consultant is a key member of the global Non-Financial Risk (NFR) organization. As the Risk Analytics Senior Consultant, you will be an individual contributor in the second line of defense, and you will work closely with the manager of the Non-Financial Risk Quantification group. You will be responsible for model development, providing technical and theoretical expertise to resolve complex issues in capital estimation, regulatory reporting, and system implementation and maintenance.
Major Duties
- Responsible for resolving complex issues in capital estimation, regulatory reporting, and system implementation and maintenance.
- Responsible for model development and/or overseeing quantitative analytical processes for risk. Ensures regular production of analytical work and reports.
- Works directly with the team responsible for collecting operational loss event data to support them on technical matters related to system implementation. Participate in maintenance of and initiatives to enhance the operational loss event data collection system functionality, including system testing and self-service reporting solutions.
- Supports internal capital allocation methodologies. Ensures that capital modelling and allocation approaches meet both internal corporate needs and regulatory requirements of relevant regulations, including Basel and the Comprehensive Capital Analysis and Review (CCAR).
- Operates independently; has in-depth knowledge of the Non-Financial Risk function. The role is balanced between high level operational execution and development, and execution of strategic direction of the Non-Financial Risk function activities.
- Evaluates existing framework in relation to corporate objectives and industry leading practices. Assesses development needs and manages process to achieve desired future state. Acts as subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level.
- Provides technical and theoretical expertise to resolve risk issues and enhance overall risk framework. Works with other risk teams to ensure that risk management policies/processes and quantitative modelling approaches are consistent. Strategic in developing, implementing and administering programs within Risk Management
- Acts as contact for non-financial risk analytics with regulators, Audit Services, and internal risk teams. Responsible for direct interaction with committees and/or senior management.
- Carries out activities that are large in scope, cross-functional and technically difficult. Conducts analysis, independently ensuring accuracy and completeness.
- Provides communication and training efforts to promote understanding of risk measurement throughout the company.
Skills
- Excellent oral and written communication skills are required. Analytical and problem-solving skills are required.
- Technical skills / systems knowledge (e.g. R, Python, PowerBI, Latex, R Shiny) is strongly preferred. Strong conceptual and technical knowledge of risk concepts and quantitative modelling techniques.
- Prior leadership role in a risk measurement capacity.
- Understanding of technology solutions for risk management and measurement.
- Knowledge of operational risk management and strategic goals for the banks business. In depth knowledge of the Basel and CCAR regulations acquired through formal education and work experience is required.
- Ability to communicate effectively verbally and in writing with all audiences, including non-technical senior leaders, in a structured manner.
- Strong problem-solving skills, e.g., ability to structure ambiguous problems and mobilize diverse teams to solve them; ability to lead the team to define the root cause of issues.
- Ability to move people to act, e.g., convening, structuring, owning the agenda and facilitating meetings and workshops to lead groups to agreement and commitment to execute.
Qualification & Experience
- A college or university degree and/or relevant proven work experience is required. Advanced degree in related field (mathematics, statistics, economics) or equivalent career experience preferred. Related industry qualification is preferred.
- 7-10 years of relevant experience into Non-Financial Risk
Internal Candidates Criteria:
- 24 months as a Consultant for movement to Senior Consultant.
- 12 months as a Senior Consultant for a lateral movement
Employment Type: Full Time, Permanent
Read full job descriptionPrepare for Senior Consultant roles with real interview advice
People are getting interviews at Northern Trust Operating Services through
People are getting interviews through
(based on 68 Northern Trust Operating Services interviews)
Job Portal
Referral
Company Website
Campus Placement
Walkin
Recruitment Consultant
28%
22%
18%
13%
9%
1%
9% candidates got the interview through other sources.
High
Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.
What people at Northern Trust Operating Services are saying
Rating based on 13 Senior Consultant
reviews
Anonymous · Investment Banking, Private Equity & VC
in Bangalore / Bengaluru
Likes
Company Culture, Salary, Hybrid Work model
Dislikes
Job Security,
Read 13 reviewsSenior Consultant salary at Northern Trust Operating Services
reported by
138
employees
with 9-15
years exp.
₹14.2
L/yr - ₹35
L/yr
41%
more
than the average Senior Consultant Salary in India
View more details
What Northern Trust Operating Services employees are saying about work life
based on 1k employees
Flexible timing
Monday to Friday
No travel
Day Shift
Northern Trust Operating Services Benefits
Submitted by Company
The Sustainability Network Health and Wellness Flexibility Technology and Data Mentorship
Submitted by Employees
View more benefits 
Compare Northern Trust Operating Services with
State Street Corporation
Compare
BNY
Compare
Citibank
Compare
HSBC Group
Compare
JPMorgan Chase & Co.
Compare
Wells Fargo
Compare
Bank of America
Compare
Goldman Sachs
Compare
Morgan Stanley
Compare
UBS
Compare
Cholamandalam Investment & Finance
Compare
American Express
Compare
Motilal Oswal Financial Services
Compare
HDFC Sales
Compare
Axis Direct
Compare
Citicorp
Compare
Aditya Birla Capital
Compare
BNP Paribas
Compare
FactSet
Compare
Aon
Compare
Similar Jobs for you
Share an Interview