Associate Consultant, Risk Reporting (Capital Market/Stress Testing)

Role Overview: As an Associate Consultant in Capital Market Risk at Northern Trust, you will be part of the Capital Markets Credit Risk Team in either Bangalore or Pune. This role involves working on key regulatory projects and collaborating with business partners across the globe. You will play a crucial role in evaluating stress scenarios, monitoring stress test results, and implementing risk mitigation strategies. Additionally, you will be responsible for facilitating strong controls over data, reports, and analysis while ensuring accurate and timely reporting. Your ability to quickly adapt to risk systems and technology will be essential in designing strategies and supporting reporting processes. Key Responsibilities: - Well versed with risk related concepts, capital market products, and stress testing process - Evaluating the potential impact of stress scenarios on various business lines and risk types - Continuous monitoring and reporting of stress test results - Partnering with business units and underwriters to develop and implement risk mitigation strategies - Facilitate and support strong controls over data, reports, and analysis, including automation, reconciliation, and testing - Work closely with oversight risk committees presenting explanations for trends and issues identified through the analysis, monitoring, and reporting process - Perform documentation, procedures, and controls to enable accurate and timely reporting - Understand and quickly adapt to risk systems and technology to design strategies and support complete, correct, and timely reporting Qualifications Required: - Master/Bachelor Degree in Finance/Statistics/FRM Additional Details: Northern Trust, a Fortune 500 company, has been in continuous operation since 1889. With over 22,000 partners, they provide innovative financial services to individuals, families, and institutions globally. The Bangalore office, established in 2005, is home to over 5,600 employees and offers fantastic amenities for both clients and employees. We hope you're excited about the opportunity to work with Northern Trust and be a part of a collaborative and innovative work culture. Apply today and explore greater achievements with us!,