Analyst/Consultant/Senior Consultant, Credit Risk Models - Financial Engineering & Modeling

Deloitte is a leading professional services firm dedicated to making a positive impact for its clients and communities. In this role, you will assist financial services clients in addressing quantitative challenges by developing, validating, and reviewing Credit Risk models, while also engaging in complex financial analyses and leveraging innovative technologies like Machine Learning and Artificial Intelligence.

Responsibilities

• Develop/validate/review Credit Risk models (e.g. AIRB, IFRS 9, CECL, adjudication/behavioural scoring models and CCAR models) based on industry best practices
• Carry out various complex financial analyses including independent derivative evaluation, customer behavior modeling, and new innovations such as Machine Learning and Artificial Intelligence

Skills

• Relevant experience spent within a credit risk model development or model validation team at a major financial institution, showcasing a consistent record of achievements while collaborating with cross-functional teams
• For Analyst, 0 – 1 year of relevant experience required; for Consultant, 1 – 3 years of relevant experienced required; for Senior Consultant, 2 – 5+ years of relevant experience required
• Solid academic background with graduate degree (Master's or PhD) in quantitative field such as Finance, Economics, Statistics, Mathematics, Computer Science, or other relevant post graduate degree
• Proficiency in standard credit risk practices, encompassing methodologies for expected loss such as Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD), as well as a comprehensive understanding of supervisory and regulatory requirements pertaining to credit risk models, including the IFRS 9 framework
• Significant experience and proven ability in at least one of following pertinent languages, such as SAS, R, and python
• Excellent written and verbal communication abilities, adept at effectively documenting and conveying analysis findings
• Exhibited a goal-oriented mindset and a strong motivation to achieve targets and make a positive impact, while consistently embodying the company's core values of trust, teamwork, and accountability

Benefits

• $4,000 per year for mental health support benefits
• $1,300 flexible benefit spending account
• Firm-wide closures known as "Deloitte Days"
• Dedicated days of for learning (known as Development and Innovation Days)
• Flexible work arrangements
• Hybrid work structure

Company Overview