Senior Credit Risk Manager

1 month ago


London, Greater London, United Kingdom Northern Trust Full time

About Northern Trust:

Northern Trust is a globally recognized financial institution with a rich history dating back to 1889. We provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by upholding our core principles of service, expertise, and integrity.

Audit Services is seeking a skilled professional to enhance our audit strategy and grow our credit risk audit coverage. As a subject matter expert, you will assess key credit risk management processes, including credit monitoring and ongoing review, counterparty stress testing, Current Expected Credit Losses (CECL) calculations, Single Counterparty Credit Limits (SCCL) monitoring, and Risk Weighted Assets (RWA) interpretations and calculations.

You will collaborate with other team members to execute audit engagements and gain exposure to senior management across Northern Trust. Success is measured through the quality of documentation, integrity of assessment, timeliness of deliveries, and your ability to foster relationships both internally and with key stakeholders.

Key Responsibilities:

  • Assess credit risk management processes and identify areas for improvement
  • Collaborate with other teams to execute audit engagements and achieve business objectives
  • Develop and maintain knowledge of credit risk management regulations and industry best practices
  • Provide expert advice and guidance to stakeholders on credit risk management matters

Requirements:

  • Expertise in credit risk management activities, including complex credit origination, asset and liability management, risk management oversight, limit setting and monitoring, and internal audit
  • Knowledge of global credit risk regulatory requirements, including Basel III and US Regulation Q
  • Advanced degree in corporate finance, economics, mathematics, or statistics, or an accounting certification (e.g., ACA, CPA, or equivalent)
  • Ability to work in a fast-paced environment and collaborate with global teams across multiple time zones and jurisdictions

Why Northern Trust?

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. We encourage diversity and inclusion in the workplace and offer opportunities for professional growth and development.



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