Senior Credit Risk Management Specialist

1 week ago


London, Greater London, United Kingdom Northern Trust Full time

About Northern Trust:

Northern Trust is a globally recognized, award-winning financial institution with over 130 years of experience. We serve the world's most sophisticated clients using leading technology and exceptional service.

Role

Audit Services offers an opportunity to showcase and expand knowledge in Credit Risk Management. We are seeking a subject matter expert to assess key credit risk management processes, inclusive of 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 liaise with other teams in the Internal Audit Department and assist in improving the department's skills through knowledge share discussions and internal training, as needed.

Skills / Experience

Required Skills & Experience

  • Expertise in credit risk management activities via working in the first line (e.g., complex credit origination, asset and liability management), second line (e.g., risk management oversight, limit setting and monitoring), and/or third line (e.g., internal audit) at a global financial services firm or through a similar regulatory supervisory role.
  • Skilled at confirming compliance with global credit risk regulatory requirements (e.g., Basel II).
  • Advanced degree in corporate finance, economics, mathematics, or statistics; or an accounting certification (e.g., CPA).
  • Knowledge of auditing techniques and approaches in the financial services industry would be an advantage.
  • An ability to work in a fast-paced environment as part of a global audit team across multiple time zones and jurisdictions.

Salary Range: $120,000 - $180,000 per year

Benefits: Comprehensive benefits package, including health insurance, retirement plan, and paid time off.

Reasonable Accommodation: Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities.



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