Consulting | EH | FY26 | MRM Credit Risk - Consultant

Summary

Position Summary

Regulatory, Risk & Forensic

Our Regulatory, Risk & Forensic team supports client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform organizations. Leverage advanced data, AI, and emerging technologies with deep domain and industry insights to help bring clarity from complexity and accelerate the path to value creation.

Position Summary

Level: Consultant or equivalent

As an experienced Consultant at Deloitte Consulting Services , you will be responsible for individually delivering high quality work products within due timelines. Need-basis you will be mentoring and/or directing junior team members/liaising with onsite/offshore teams to understand the functional requirements.

Work you’ll do:

Our Regulatory & Financial Risk professionals help organizations effectively navigate business risks and opportunities—from strategic, reputation, and financial risks to operational and regulatory risks—to gain competitive advantage. We apply our experience in ongoing business operations and corporate lifecycle events to help clients become stronger and more resilient. Our market-leading teams help clients embrace complexity to accelerate performance, disrupt through innovation, and lead in their industries.

The regulatory landscape continues to increase in complexity across the globe. Our team leverages deep knowledge of industry-specific regulations with demonstrated methodologies to design, assess, and transform the processes, controls, and infrastructure needed to mitigate risk and achieve compliance.

We deliver advisory services to support regulatory and compliance initiatives through strategic, transformation, end- to- end implementation, and a focus on sustainable business- as- usual processes, controls, and data and analytics infrastructures.

The team:

Model Risk Management (MRM) is one of the services we offer to our clients where we help them manage their risks around model usage. The team is comprised of professionals with diverse backgrounds, including Masters in Statistics, Mathematics, Physics, Finance, Financial Engineering and PhDs in various quantitative fields, etc. Our team is focused on qualitative assessment and quantitative modeling in the areas of Market Risk, Credit Risk, Operational Risk, Liquidity Risk, Fraud Risk as per regulatory guidelines like CCAR/Stress Testing, BASEL II.5 / III in US and CRD IV/CRR in EMEA regulations. The team also does valuation of complex financial products such as derivatives and structured products. Our value proposition includes industry, financial accounting and business process knowledge, proven methodologies that include risk and control concepts, deep expertise in advanced quantitative, data extraction, data mining and analytical skills.

The key job responsibilities will be to:

• Develop, or validate financial risk models using statistical software and write associated reports.
• Apply conceptual and quantitative depth in modeling methodologies and concepts for risk models for banks as required by regulatory guidance.
• Apply strong analytical and computer skills including experience with statistical and quantitative analysis technical tools such as: SAS, Python, R, MATLAB is a plus.
• Explain difficult statistical modeling concepts to diverse, non-quantitative client contacts and to experts at various clients.
• Understand various risk management concepts and quantitative modeling methods for estimation of PD, LGD, EAD, VaR , ES, Fraud Detection, Anti-Money Laundering, Sanctions Screening, etc.
  
  

Qualifications

Must Have Skills/Project Experience/Certifications:

• 1-4 years of experience with any programming language or statistical tool such as: R, Python, SAS, C++ etc.
• Familiarity with mathematics or statistical concepts like regression, time series, hypothesis testing, performance monitoring, etc.
• Familiarity with prevalent AI/ML techniques including ANNs, Decision Trees and Ensemble techniques like XGBoost .
• Experience in executive and technical report writing is a plus
• Understanding of financial regulations, products or financial processes is a plus
• Experience working with a Bank/Consultative environment is a plus
  
  

Good to Have Skills/Project Experience/Certifications:

• Certifications: SAS programming / CFA / FRM
  
  

Education:

• Masters in Stats / Maths / Physics/ Economics / Quantitative Finance
• MBA with Finance major
• PhD in an advanced quantitative subject is a plus.
  
  

Location:

• Bengaluru/Hyderabad/Pune/Chennai/Kolkata
  
  

Shift Timings:

• Overlap with US/UK counterparts as per business requirements
  
  

Our purpose

Deloitte’s purpose is to make an impact that matters for our people, clients, and communities. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. Our purpose comes through in our work with clients that enables impact and value in their organizations, as well as through our own investments, commitments, and actions across areas that help drive positive outcomes for our communities.

Our people and culture

Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our clients' most complex challenges. This makes Deloitte one of the most rewarding places to work.

Professional development

At Deloitte, professionals have the opportunity to work with some of the best and discover what works best for them. Here, we prioritize professional growth, offering diverse learning and networking opportunities to help accelerate careers and enhance leadership skills. Our state-of-the-art DU: The Leadership Center in India, located in Hyderabad, represents a tangible symbol of our commitment to the holistic growth and development of our people. Explore DU: The Leadership Center in India .

Benefits To Help You Thrive

At Deloitte, we know that great people make a great organization. Our comprehensive rewards program helps us deliver a distinctly Deloitte experience that helps that empowers our professionals to thrive mentally, physically, and financially—and live their purpose. To support our professionals and their loved ones, we offer a broad range of benefits. Eligibility requirements may be based on role, tenure, type of employment and/ or other criteria. Learn more about what working at Deloitte can mean for you.

Recruiting tips

From developing a stand out resume to putting your best foot forward in the interview, we want you to feel prepared and confident as you explore opportunities at Deloitte. Check out recruiting tips from Deloitte recruiters.

Requisition code: 303598