Overview: The Market Trading Risk Consultant will develop analytical & reporting tools, including monitoring FX trading as needed to support Chicago trading risk management. The position entails managing market and regulatory risk.

Team Structure: Will report to Head of Corporate Trading Market Risk.

Key Responsibilities

- Perform core daily risk management oversight for FX Trading business including VaR analysis, open position monitoring, adherence to limits, and stress scenario modeling.
- Monitor market volatility through quantitative techniques to ensure principal exposure is within firm s risk appetite.
- Maintenance of data and providing information for regulatory reports, and internal Audit/ Compliance.
- Maintain and assist in ongoing development of metrices and analysis of P&L; attribution, regulatory capital consumption and return on capital / RWA.
- Manage initiatives, audit remediation, and regulatory projects such as the development of NT s trading risk management on implementation and create analytical reporting.
- Assist in establishing processes, documentation, and controls to manage risks associated with FX and derivatives.
- Interpret model outputs, communicate findings, and present to stakeholders, including risk managers, capitals market team, and senior management.
- Conduct quantitative analysis to assess model performance and outcome for at top of the house portfolio and trading desk level.




- Collaborate with IT teams to ensure smooth integration of models and analytical tooling in existing systems and infrastructure.
- Prepare ad hoc risk analysis as required by senior business or risk personnel or as required for proposed products or services.
- Act as liaison with business units (FX Trading Desks and Treasury) and internal control functions including Audit, Compliance and Model Validation team and assist in the resolution of any audit or control issues related to FX products.

Knowledge and skills

- Knowledge of Capital Markets and financial products such as foreign exchange, fixed income, and derivatives is preferred.
- Understanding of VaR, default and settlement risk, stress testing, and mark to market calculations.
- Familiarity with Murex Risk, Bloomberg, and reporting solutions such as Power BI, Cognos, Tableau etc.
- Experience with Excel VBA coding/building prototype risk models and reporting using Python, R, SQL etc.

Experience :

- 6+ years of relevant working experience
- MBA in Finance from a Tier I or II college/Chartered Accountant with relevant experience
- Industry Certification (CFA/FRM) is preferred

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Consultant - Market Trading Risk Analytics (Bengaluru)
🏢 Northern Trust
📍 Bengaluru