Counterparty and Country Risk Underwriting/CAMELS/Underwriting for Financia at Northern Trust

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

07 Mar, 26

Salary

0.0

Posted On

07 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Communication, Leadership, Strategic Skills, Bank Analysis, Broker Dealer Analysis, Country Risk, Analytical Skills, Writing Skills, Quantitative Skills, Relationship Skills, Presentation Skills, Crisis Management, Multi-tasking Skills, Financial Analysis, Market Analysis, Due Diligence

Industry

Investment Management

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 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. Role/Team: The Financial institutions and Country Risk Team, which is part of Northern Trust Group Risk Management, is responsible for providing independent oversight of all business activities at Northern Trust which create wholesale counterparty credit risk, client credit exposure arising from asset servicing, third party FX, and country risk. The team ensures that the management of counterparty and international risk advances Northern Trust’s business strategy within the corporation's risk appetite, aligns with market best practices, and meets or exceeds regulatory requirements and guidance. Summary Under general supervision (but works independently most of the time) oversee a portfolio of counterparties (hedge funds / banks) and countries. Performs financial, economic and market‐based analysis, prepares and presents reviews of assigned counterparties, countries and portfolios to credit committees and wider business partners with the goal of providing insightful credit opinions and recommendations. Responsible for ensuring that all entities are reviewed and monitored through the year using fundamental analysis techniques including traditional CAMELS analysis and market‐based information along with thorough ad‐hoc due diligence, visits and calls. Analyst role responsible of a multi-billion dollar counterparty (hedge fund, banks and broker/dealers) and country portfolio. Responsibilities include: • Manage a portfolio of bank counterparties and countries. Hedge Fund analysis will be an added advantage. Perform analysis of entities annually or on an ad‐hoc basis; assign Probability of Default ratings and appropriately sized credit facilities. • Monitor trends and be able to serve as the subject matter expert and trusted advisor on assigned countries to partners. • Manage relationships with local business units, inform of credit issues, and provide guidance for the development of strategies. • Contribute to the development of risk monitoring products, processes and models related to counterparties and countries. • Present to Senior Risk committees on a regular basis. • Coordinate, participate or lead visits and calls with external counterparties or clients. Major Duties Manage relationships with US businesses - make decisions on business unit credit proposals and provide credit solutions. 2. Serve as subject expert and trusted advisor across the company. 3. Monitor counterparties for changes in risk and update management on key issues that impact credit quality. 4. Tracking NAV triggers and ensuring breaches are escalated and/or acted upon. 5. Present and participate in risk committees. 6. Manage relationships with counterparties, vendors and clients. 7. Perform analysis of higher-risk counterparties and countries annually or on ad-hoc basis. 8. Ensure portfolio is reviewed in a timely manner and quality of analyses is high. 9. Work with modelling teams to develop/enhance risk tools and models. Knowledge/Skills • Excellent communication, verbal, leadership and strategic skills • Extensive knowledge of Bank and Broker dealer analysis • Working knowledge of Country risk for emerging markets. • Highly flexible and adaptable to change; ability to multi-task on several assignments at once • Advanced analytical, writing skills and some quantitative skills • Strong relationship and presentation skills • Ability to develop relationships at all levels of the organization and crisis management/multi-tasking skills Experience • Master’s degree and/or CFA designation are required. • 4 - 8 years of credit experience with banks, broker/dealers. • Countries and Hedge funds will be an added advantage. • Experience in counterparty and/or country analysis, in a buy‐side or counterparty risk function is preferred. Please note that this role would be required to work until at least 10.30pm India time in order to liaise with the Chicago office and participate in team and committee meetings. 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. 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. Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies. Terms and Conditions Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information. APAC/INDIA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. Canada EEO STATEMENT Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance. EMEA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. USA EEO STATEMENT It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)

Responsibilities

Oversee a portfolio of counterparties and countries, performing financial, economic, and market-based analysis. Present reviews and provide insightful credit opinions and recommendations to credit committees and business partners.