Associate Consultant - Risk Analytics

Key Responsibilities

- Support end-to-end credit risk model lifecycle activities including model development, implementation, monitoring, recalibration, and governance.
- Develop and enhance credit risk models such as PD, LGD, EAD, Stress Testing, CECL, CCAR, and Economic Capital models.
- Perform data analysis, segmentation, feature engineering, statistical testing, and model performance evaluation.
- Execute ongoing model monitoring, back testing, benchmarking, stability analysis, and performance assessments.
- Identify model weaknesses, emerging risks, and recommend model improvements or recalibration actions.
- Support model implementation, UAT, production testing, and validation of model outputs against approved methodologies.
- Prepare and maintain model documentation, monitoring reports, governance materials, and regulatory submissions.
- Ensure compliance with internal Model Risk Management standards and regulatory expectations.
- Partner with Model Validation, Technology, Business, Audit, and Risk Management teams throughout the model lifecycle.




- Present analytical findings and model performance results to management committees and senior stakeholders.
- Act as a subject matter expert and mentor junior team members on credit risk modeling and governance practices.
- Drive process improvements, automation initiatives, and best practices across model development and monitoring activities.

Qualifications

- Bachelors or masters degree in Statistics, Mathematics, Economics, Finance, Engineering, or a related quantitative field.
- 3-5 years of experience in Credit Risk Modeling, Model Validation, Monitoring, or Quantitative Risk Analytics.
- Robust knowledge of Basel, CECL, CCAR, Model risk management, and banking risk frameworks preferred.
- Proficiency in SAS, SQL, Python, and Advanced Excel.
- Excellent analytical, problem-solving, and communication skills.

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📌 Associate Consultant, Risk Analytics (Bengaluru)
🏢 Northern Trust
📍 Bengaluru