Northern Trust India | Associate Consultant, Financial Institution & Counterparty Risk

Responsibilities

• As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.
• Perform credit underwriting for Hedge Funds, Emerging Market Banks and Countries for BR and Limit Assignment.
• Assist lead underwriters in financial/credit analysis for subsidiaries.
• Prepare NAV monitoring and other ad-hoc reporting and audit requests.
• Perform portfolio reviews in a timely manner, shadow lead underwriters on client due diligence calls.

Requirements

• Familiarity with NT's CCR process and guidelines and other internal frameworks and committees, including making presentations to credit committees.
• Strong understanding of banking financial statements, CAMELS framework and counterparty credit risk concepts such as PD, LGD, EAD.
• Familiarity with Country Risk Assessment framework and banking regulations.
• Attention to detail, organizational skills and ability to work independently.
• Good working knowledge of MS Word, Excel, Power BI.
• 4-6 years of experience in counterparty and/or country analysis, in a buy-side or counterparty risk function is required.
• Familiarity with Hedge Fund - Strategies, NAV and Return Calculations, Sharpe Ratio, Volatility Calculations among others

Northern Trust

Northern Trust Corporation is a US financial services company founded in Chicago in 1889 and still headquartered there; its shares trade on Nasdaq under the symbol NTRS. It works for institutional investors, corporations and wealthy families and individuals, and its business spans asset servicing (custody, fund administration and fund accounting for pension funds, asset managers, insurers and other institutions), wealth management, asset management through Northern Trust Asset Management, and banking. The company calls its employees "partners".

In India, Northern Trust works from Bengaluru and from Pune, where its office in Kharadi opened in 2016. These teams support the global business in asset servicing and wealth management operations: fund accounting and NAV calculation for mutual, hedge and private equity funds, transfer agency, trade settlements, reconciliations, anti-money-laundering checks and client reporting, alongside risk, finance and technology roles. Work of this kind suits B.Com, M.Com, MBA (Finance), CA, CFA and ACCA profiles.

• Industry: Financial services — asset servicing, wealth management, asset management and banking
• Headquarters: Chicago, Illinois, USA
• In India: Offices in Pune and Bengaluru