Senior Consultant, Risk Analytics

Wabash Bldg-Chgo, IL

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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.

Description
Northern Trust is looking for experienced modelers/data scientists to join the Risk Advanced Analytics team.  Responsibilities include working with large and complex data sets (both internal and external data) to develop, monitor and support the implementation of advanced analytics solutions and regulatory models.

Major Duties:
• Perform data analysis and advanced modeling techniques to solve complex business problems, provide insights and create innovative solutions; 
• Create predictive models for estimating probability of default and losses as part of the Bank’s capital adequacy process;
• Design/Monitor/Implement quantitative models to forecast revenue for various businesses under different macroeconomic scenarios as part of the annual stress testing exercise;
• Exercise independent judgement in identifying and resolving problems within established guidelines and development framework;
• Interacting with the Data Analytics team to request and ensure high quality data are utilized in the model development process;
• Communicate regularly with key business partners, management, oversight committees and regulators by acting as a subject matter expert. 

Knowledge:
• Excellent analytical skills and high attention to detail;
• Experience using statistical programming languages such as Python, SAS, SQL;
• Excellent oral and written communication skills, including presentation and data visualization skills;
• Ability to effectively communicate with peers, senior management and overseas partners;
• Ability to work under pressure, manage and prioritize multiple deliverables; 

Experience:
• Related experience of 3-5 years is preferred
• Advanced degree in  a related field (math, statistics, economics) or equivalent career experience preferred - PHD in a quantitative field would be a plus.
• Related Industry qualification is preferred

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.

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* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰

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Tags: Data analysis Data Analytics Data visualization Economics Mathematics ML models PhD Python SAS SQL Statistics Testing

Perks/benefits: Career development Flex hours

Region: North America
Country: United States

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