Associate Consultant, Risk Analytics - 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.

Function : Model Validation

• Responsible for contributing to the validation of a complex quantitative risk models or capital Allocation framework for the Corporation (CCAR / CECL / IFRS9 / PPNR)
• Understands and resolves complex issues in algorithms, models and other risk measurement frameworks, allocation of capital for performance measurement, or other aspects of risk measurement preferably in credit risk with a flavor of AI / ML approach.
• Hands on understanding of AI / ML algorithms like Regression, Decision Trees, Naïve Bayes, kNN, Random Forest, neural networks etc
• Strong Programming skills in SAS / R / Python etc

Major Duties

Knowledge / Skills

Experience 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.

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 [HIDDEN TEXT].

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.

For further information, and to apply, please visit our website via the 'Apply' button below.

Skills Required

Sas, Neural Networks, Advanced Excel, Regression, Knn, Random Forest, Vba, Decision Trees, Python