Northern Trust—Senior Consultant - Credit Risk Analytics (CCAR/CECL & SAS, Python)

Job description

Description: About Northern Trust 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. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. Job Summary - Northern Trust is seeking a Credit Risk professional with strong technical expertise in SAS, Python and understanding of CECL, CCAR stress testing process. - The role offers high visibility, frequent interaction with senior credit risk leadership, Data, IT, Controllers and Northern’s auditors. Roles and Responsibilities - Provide end-to-end ownership of CECL and CCAR model execution processes, including oversight of model adjustments, overlays, governance reviews, and presentation of results, risks, and recommendations to senior management and governance committees. - Lead complex quantitative analyses, scenario assessments, overlay quantification and sensitivity testing to provide actionable insights and support strategic decision-making. - Lead collaboration with Risk, Finance, Model Development, Model Validation, Technology, Accounting Policy and Auditors - Establish and maintain a robust control environment, ensuring compliance with SOX, Internal Audit, and Regulatory requirements while proactively identifying and mitigating operational and model risks. - Provide strategic direction and oversight for system enhancements, model implementations, and change management activities, ensuring delivery quality and effective risk management. - Lead large-scale transformation initiatives, platform migrations, and enterprise testing programs impacting risk modeling, data infrastructure, and regulatory reporting processes. - Mentor and develop team members, fostering technical excellence, innovation, and a culture of accountability, continuous improvement, and operational resilience. - Drive automation, process optimization, and adoption of emerging technologies to enhance scalability, efficiency, and control effectiveness across regulatory stress testing and allowance estimation processes. Knowledge / Experience Required: - 10+ years of experience in Risk Management, Financial Services, Regulatory Reporting, Credit Risk Analytics, Stress Testing, Model Risk Management, or related disciplines, including leadership responsibilities. - Deep expertise in CECL, CCAR, Stress Testing, Regulatory Reporting, with demonstrated experience interpreting regulatory expectations and driving execution. - Extensive experience leading complex analytical and technology initiatives utilizing SAS Viya, SAS, Python, SQL, Cloud-based analytics platforms, and data management technologies. - Proven track record of managing large-scale regulatory programs, model implementations, platform migrations, and cross-functional transformation initiatives. - Demonstrated ability to influence senior executives, challenge assumptions constructively, and drive consensus across diverse stakeholder groups. - Exceptional communication and presentation skills, with experience presenting complex analytical results, risks, and strategic recommendations to senior leadership, governance committees, and regulators. - Advanced analytical, quantitative, and problem-solving skills, with the ability to translate complex technical concepts into clear business insights and strategic decisions. Working with Us As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities. Reasonable Accommodation Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with. About Our Bangalore Office The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees. In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.