Join our Regulatory & Financial Risk team as an Associate Director in Chennai, contributing to Deloitte's expertise in mitigating risk and uncovering new opportunities.

Our Strategy, Risk & Transaction services guide entities through a spectrum of risks, from executive-level strategic challenges to cybersecurity threats, enhancing board oversight and financial policy alignment.

Develop and validate sophisticated risk measurement models for credit, market, and liquidity risk. Construct robust frameworks to ensure adherence to critical regulatory compliance standards, including Basel, LIBOR transition, Risk Based Supervision, IFRS9, and IFRS17.

Implement essential regulatory change programs and design/deploy effective capital management strategies and tools. A key focus will be the development and validation of credit risk measurement models, encompassing credit rating/scoring methodologies, Basel IRB models (PD, LGD, EAD), stress testing/CCAR models, and IFRS9/USGAAP impairment models.

We are seeking individuals with an analytical mindset, a strong capacity for independent risk oversight, and meticulous attention to detail in documentation. The role demands exceptional stakeholder influencing and relationship management skills, along with the ability to expertly manage multiple validation projects under demanding deadlines.

Ideal candidates will possess a Master’s degree or higher in Quantitative Finance, Statistics, Mathematics, Engineering, or a related field. A minimum of 9 to 12 years of relevant experience in modeling or validation of Wholesale IRB capital models, IFRS9, or Climate Risk Modelling within large banking organizations is required. Proficiency in technical skills such as Python, R, SAS, SQL, and a solid understanding of credit modeling statistics are essential.