Operational Risk Analystics

As a member of the Northern Trust team, you will be responsible for overseeing the development of high-quality risk analytics, regulatory reporting, and system implementation and maintenance. Your role will involve providing innovative solutions to complex issues in risk modeling, capital allocation, and other aspects of risk measurement. You will work with a team to collect operational loss event data and support them on technical matters related to system implementation and maintenance. In this position, you will be required to manage the model development/validation process for risk, ensuring the regular production of analytical work and reports. You will also play a key role in supporting internal capital allocation methodologies to meet both corporate and regulatory requirements. Your expertise in risk management policies and quantitative modeling approaches will be essential in developing, implementing, and administering programs within the Risk Management function. To excel in this role, you should have a college or university degree and relevant work experience, with an advanced degree in mathematics, statistics, or economics preferred. Strong analytical, problem-solving, and communication skills are essential, along with technical knowledge in systems such as R, Python, PowerBI, Latex, and R Shiny. Prior leadership experience in a risk measurement capacity is advantageous, as is a deep understanding of operational risk management and regulatory frameworks like Basel and CCAR. As a valued member of the Northern Trust team, you will have the opportunity to work in a flexible and collaborative environment that encourages career growth and development. Senior leaders are accessible, and the company is committed to assisting the communities it serves. If you are passionate about risk management and seeking a challenging yet rewarding opportunity, we encourage you to apply and explore how your skills and experience can contribute to one of the world's most admired financial institutions. Join us in building a brighter future together.,