Consultant at Northern Trust

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Wealth Management, BankingIndustries

Requirements

Bachelor’s degree in finance, Economics, Accounting, or Business Administration (or equivalent)
Strong financial and analytical skills, including the ability to interpret financial statements
Strong understanding of U.S. GAAP and financial statement analysis, acquired through formal education and relevant work experience
Familiarity with Moody’s Credit Lens or similar credit spreading tools
Solid grasp of operational, credit, and business risk frameworks
Familiarity with lending products like lines of credit, term loans, etc
Strong written and verbal communication skills; ability to convey financial analysis in a clear and concise manner
Capability to review peer work and coach junior team members
Proficiency in MS Excel and other analytical tools
24 months as Associate Consultant
6 to 8 years of experience in banking, credit analysis, or a related financial analysis function
Additional certifications, CFA Level 1 or 2, FRM, or any equivalent qualification will be an added advantage

Responsibilities

Analyze the individuals/entities' financials/annual reports, quarterly statements, tax returns and other supporting financial data to determine their financial position and creditworthiness
Perform credit analysis of large or key clients that require thorough understanding of credit
Evaluate and underwrite credit requests across disciplines including personal, commercial, not for profit and commercial real estate
Partner with Bankers, Relationship Managers and other internal clients through financial/credit analysis and identification of risk factors. Adds value to ultimate client relationship by providing timely response and quality underwriting in coordination with client needs
Perform quality check of the spreads / reports completed by the junior analysts and ensure they are as per the guidelines
Leverage his or her experience to suggest and implement process improvements
Work on special projects and other projects as identified by the division management
Develop subject matter expertise, provide guidance and act as mentors to junior analysts
Perform complex activities with significant financial, client, and/or internal business impact
Manage complex credit analysis assignments, mentor junior analysts, and ensure the accuracy and quality of credit spreads
Collaborate with relationship managers and internal stakeholders to structure credit facilities that align with the clients’ wealth management goals while adhering to Northern Trust’s risk management

Skills

Key technologies and capabilities for this role

Credit Risk AnalysisMoody’s Credit LensFinancial AnalysisCreditworthiness AssessmentUnderwritingTax Returns AnalysisAnnual ReportsQuarterly StatementsWealth ManagementRisk Management

Questions & Answers

Common questions about this position

What is the employment type for this Consultant position?

This is a full-time position.

What qualifications are required for the Consultant – Credit Risk Analysis role?

A Bachelor’s degree in finance, Economics, Accounting, or Business Administration is required.

What are the main responsibilities of this role?

The role involves conducting in-depth credit analysis of high-net-worth individuals, businesses, not-for-profits, and commercial real estate using tools like Moody’s Credit Lens, developing credit reports, mentoring junior analysts, and collaborating with relationship managers.

What is the company culture like at Northern Trust?

Northern Trust emphasizes enduring principles of service, expertise, and integrity, with a dynamic work environment offering exposure to sophisticated financial products and opportunities to develop expertise in credit analysis for the wealth management sector.

What makes a strong candidate for this position?

Strong candidates will have a relevant degree, experience in credit analysis, ability to handle complex assignments independently, mentoring skills, and expertise in evaluating financial data for high-net-worth clients across various sectors.