Capital Markets Risk Solutions Specialist

Job description

About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. The role of Risk Solutions Specialist- Capital Markets is responsible for establishing and maintaining stress testing strategies for counterparty credit risk that support prudent risk management, minimize potential losses, and ensure full compliance with supervisory guidance. The position will be responsible for the design, governance, and ongoing enhancement of counterparty stress testing frameworks across Financial Risk, ensuring alignment with evolving market conditions, regulatory expectations, internal risk appetite, and prevailing market practices. This includes assessing stress methodologies, scenario design...