Accountant

Accountant

Northern Trust

Northern Trust

Bangalore, India/Hybrid

Experience :

Qualified accountant

Closes on :

Oct 5, 2024

Job Description

Job Description

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 adhering 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.

Job Summary:

Northern Trust is looking to recruit professionals for its Bangalore/Pune Centre. The successful recruit will be part of Northern Trust’s Corporate Financial Risk and will be responsible for working on many critical credit and counterparty risk regulations review, interpretation, implementation, and testing along with monthly/quarterly reporting. This is a highly visible role with frequent interactions with business partners across different geographies and divisions.

Job title: Analyst/Senior Analyst

Location: Bangalore/Pune

Experience: 2 to 4 years of relevant experience

Major Duties:

- Support in regulatory interpretation, implementation review along with transaction testing and performing gap assessment for regulations impacting Credit risk (RWA calculations, SACCR, Large Exposure/SCCL).

- Perform a detailed analysis and root cause investigation of all implementation and transaction testing review and engage with the various teams to resolve the issues.

- Work closely with oversight risk committees presenting explanations for issues identified through the analysis.

- Support in internal transformation projects impacting different products.

- Support in daily/weekly/monthly/quarterly production of reports across key regulations like RWA/CECL/CCAR and SCCL.

- Engage with first line organization, Business, Data, and IT.

- Contribute and credit committee tasks – working with stakeholders to create the meeting materials, action logs and overall ownership for the committee materials.

- Facilitate and support strong controls over data, reports, and analysis, including automation, reconciliation, and testing.

- Perform documentation, procedures & controls to enable accurate and timely reporting.

- Understanding of risk-related concepts, business processes, and must be able to communicate effectively through both written and verbal communication with senior management and other partners.

Qualification:

- Relevant experience with Python tools.

Skills Required:

- 2+ years of experience in Credit and counterparty risk.

- Strong knowledge of financial services and regulations around Risk management.

- Good understanding of financial products like derivatives, repo-style transactions, etc.

- Strong written and verbal communication skills with demonstrated success challenging and influencing outcomes.

- Strong data, analytical, and problem-solving skills and strong hands-on experience with advanced excel and industry products like Axiom, Bloomberg, etc.

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 are assets that embolden 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.

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 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.

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© Plutus Education