Market/Counterparty Risk - Model Development

Are you a skilled risk management professional with a passion for developing models to mitigate market and counterparty risks? Do you thrive in a fast-paced, dynamic environment where your analytical thinking and attention to detail are essential? If so, we have an exciting opportunity for you to join our team at Northern Trust as a Market/Counterparty Risk - Model Development specialist.As a valuable member of our team, you will be responsible for developing and enhancing risk models to effectively measure and monitor market and counterparty risks across our organization. Your expertise and strategic thinking will play a critical role in identifying and addressing potential risks, ensuring the stability and success of our business.To excel in this role, you must possess a strong understanding of financial markets, risk management principles, and model development methodologies. You should also be a proactive and collaborative team player with excellent communication skills and a drive for continuous learning and improvement.If you are ready to take on a challenging and rewarding role in a leading financial institution, we encourage you to apply for this opportunity today. Join us at Northern Trust and grow your career in a supportive and dynamic environment.

Develop and enhance market and counterparty risk models to effectively measure and monitor risks across the organization.
Utilize your expertise and strategic thinking to identify and address potential risks, ensuring the stability and success of the business.
Stay up-to-date with financial markets, risk management principles, and model development methodologies to ensure models are effective and meet industry standards.
Collaborate with cross-functional teams to gather data and insights to inform model development and enhance risk management strategies.
Analyze and interpret complex data to identify trends and potential areas of risk.
Communicate model results and recommendations to stakeholders, including senior management and regulatory bodies.
Work in a fast-paced, dynamic environment to meet tight deadlines and adapt to changing market conditions.
Continuously improve and refine risk models to ensure accuracy and effectiveness.
Stay informed of industry developments and regulations related to risk management and incorporate them into model development.
Mentor and train junior team members on risk management processes and model development best practices.

Northern Trust is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

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