Senior Analyst - Counterparty Credit Risk/Reporting

Role/Department:
Northern Trust is looking to recruit professionals for its Bangalore Centre. Successful recruit would be part of Northern Trust s Capital Markets Credit Risk Team. This is a highly visible role, to work on key regulatory projects, frequent interaction with business partners across the globe.

Job title: Senior Analyst
Location: Bangalore
Experience: 3+ years of relevant experience

The key responsibilities of the role include:
Major Duties
Delivery of key Northern Trusts Capital market risk functions covering a range of risk related areas which include Counterparty Credit Risk monitoring, Market Risk monitoring for Global Securities Lending, Global Foreign Exchange and Treasury activities of the bank (Investment portfolio of the bank)
Engage with the wider risk organization and Capital Markets businesses to resolve credit issues with respect to credit limit excesses, reallocation of limits between products.
Engage in the support of new business products and consult businesses to operationalize new business products/processes from a credit risk perspective
Work closely with oversight risk committees presenting explanations for trends and issues identified through the analysis, monitoring and reporting process of risks related to the Capital Markets businesses.
Support risk analysis for Securities Finance counterparty portfolios as required by Credit Risk Management Policies. Responsibilities include - VaR model execution, analysis and presentation to
Committees.
Interact with internal and external auditors on Counterparty Credit and Regulatory process topics
Support in Internal transformation projects impacting one or more products. Support in creating requirement documentations, working with various teams, impact analysis, testing.
Contribute and own credit committee tasks - working with stakeholders to create the meeting materials, action logs, overall owner for the committee material etc.
Well versed with risk related concepts, business processes, and reporting requirements and must be able to communicate effectively through both written and verbal communication with senior management and
other partners.
Facilitate and Support strong controls over data, reports, and analysis, including automation, reconciliation and testing
Partner should be able to understand and quickly adapt to risk systems and technology to design strategies and support complete, correct and timely reporting
Perform documentation, procedures and controls to enable accurate and timely reporting.

Skills
3+ years of experience in one or more of the following areas of financial services is desired: Credit and Counterparty risk
Strong knowledge of financial services and good understanding of at least one regulation impacting
credit and counterparty - Basel RWA Calculation, SCCL
Good understanding of financial products like derivatives, repo-style transactions, securitization etc.
Strong written and verbal communication skills with demonstrated success challenging and influencing outcomes
Experience with any of the industry products - Adenza, Murex, Cognos, Power BI etc., is an added advantage
Strong data, analytical, and problem-solving skills
Strong hands-on experience with advanced excel

Qualifications: MBA and relevant industry experience