Associate Consultant - Counterparty Credit Risk

As an Associate Consultant at Northern Trust's Bangalore Centre, you will be a part of the Capital Markets Credit Risk Team, playing a crucial role in delivering key risk functions for the bank's Capital Markets business. This role offers high visibility and the opportunity to collaborate on key regulatory projects while interacting with business partners globally. Key Responsibilities: - Deliver various risk functions related to Counterparty Credit Risk monitoring, Market Risk monitoring for Global Securities Lending, Global Foreign Exchange, and Treasury activities of the bank - Engage with risk organization and Capital Markets businesses to address credit issues such as limit excesses and reallocation of limits between products - Support new business products by providing insights from a credit risk perspective and operationalizing new business products/processes - Present explanations for trends and issues related to Capital Markets business risks to oversight risk committees - Conduct risk analysis for Securities Finance counterparty portfolios as per Credit Risk Management Policies, including VaR model execution and presentation to Committees - Collaborate with auditors on Counterparty Credit and Regulatory process topics - Own credit committee tasks, create meeting materials, action logs, and overall ownership for committee materials - Communicate effectively with senior management and partners on risk-related concepts, business processes, and reporting requirements - Ensure strong controls over data, reports, and analysis, including automation, reconciliation, and testing - Adapt to risk systems and technology to support accurate and timely reporting - Document procedures and controls to enable accurate and timely reporting Qualifications: - MBA and relevant industry experience - 3+ years of experience in areas such as Credit and Counterparty risk in financial services - Strong knowledge of financial services and understanding of regulations like Basel RWA Calculation, SCCL - Familiarity with financial products like derivatives, repo-style transactions, securitization - Excellent written and verbal communication skills - Experience with industry products like Adenza, Murex, MSCI Risk Manager, Cognos, Power BI, etc. - Strong data, analytical, and problem-solving skills - Hands-on experience with advanced Excel Apply today to be part of an organization committed to assisting the communities it serves and offers a flexible and collaborative work culture. Join a workplace with a greater purpose and explore new ideas with Northern Trust!,