Associate Consultant, Model Validation

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Major Duties:
1. Responsible for performing a variety of moderately complex analytical duties or executes model related activities for risk models used by the Corporation
2. Ensures model development, monitoring, and validation approaches meet regulatory expectations and internal risk management needs
3. Provides analytical or risk measurement support to help meet both internal corporate and regulatory requirements
4. Supports development of comprehensive documentation and testing of risk management framework
5. Carries out moderately complex activities with significant financial, client, and/or internal business impact
6. Responsible for interaction with different committees and senior management
7. Able to serve as a key subject matter expert and mentor to other more junior level employees
8. May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role)
9. More technically sound in area of expertise and has broader knowledge of other areas
10. Delivers a work product that requires little revision
11. Able to facilitate discussions and reach decisions

Knowledge:
• Excellent oral and written communication skills are required when interacting with committees and/or management
• Knowledge of risk measurement required to support function
• Analytical and problem solving skills are preferred
• Technical skills / systems knowledge (e.g.SAS, Matlab, Advanced Excel) is preferred

Experience:
• A College or University degree and/or relevant proven work experience is required
• Advanced degree in related field (math, statistics, economics) or equivalent career experience preferred. 
• Related Industry qualification is preferred. 
• A relevant work experience of 4 to 6 years is required.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.