The role involves ideating, developing, and testing quantitative modeling techniques for Operational Risk models within a Fortune 500 financial institution
Job Summary
The role involves ideating, developing, and testing quantitative modeling techniques for Operational Risk models within a Fortune 500 financial institution.
Candidates will support the full model lifecycle including monitoring, recalibration, and implementation using tools like R, Python, and Power BI.
Northern Trust offers a flexible and collaborative work culture with opportunities for movement within the organization and reasonable accommodations for disabilities.
Matching Summary
The role involves ideating, developing, and testing quantitative modeling techniques for Operational Risk models within a Fortune 500 financial institution.
Skills & Requirements
Must-have
Programming in R or Python
Experience with Power BI
Knowledge of Probability and Statistics
Banking and Financial Services experience
Operational Risk model development
Nice-to-have
Experience with PySpark and Databricks
Familiarity with Monte Carlo Simulation
Background in Bayesian Inference
Collaborative work culture fit
Interest in automation and data engineering
Key Requirements
24 months as Associate Consultant
Prior experience in Banking and Financial Services