Join Deloitte as an Associate Director in Credit Risk Model Risk, based in Bengaluru. This role is integral to our Regulatory & Financial Risk practice, focusing on enhancing risk measurement and compliance frameworks within leading financial institutions.

Deloitte's Strategy, Risk & Transaction team empowers clients to navigate complex risks and capitalize on emerging opportunities. We offer comprehensive risk services, from strategic C-suite guidance to robust oversight of financial and cyber threats. Explore how our Risk, Regulatory & Forensic services drive value and resilience.

Develop and validate advanced risk measurement models for credit, market, and liquidity risk. Build robust frameworks to ensure adherence to regulatory requirements such as Basel, LIBOR transition, Risk Based Supervision, IFRS9, and IFRS17. Lead and implement critical regulatory change programs and design sophisticated capital management strategies and tools.

Key responsibilities include developing and validating credit risk models covering credit rating/scoring, Basel IRB components (PD, LGD, EAD), stress testing scenarios like CCAR, and IFRS9/USGAAP impairment calculations.

We seek candidates with an effective challenge and independent risk oversight mindset, coupled with high attention to detail and strong documentation discipline. Excellent stakeholder influencing and relationship management skills are essential, as is the ability to manage multiple validation projects under demanding timelines.

Candidates should possess a Master's degree or higher in Quantitative Finance, Statistics, Mathematics, Engineering, or a related quantitative field. A minimum of 9 to 12 years of experience in modeling or validating Wholesale IRB capital models, IFRS9, or Climate Risk Modelling within large banking organizations is required. Strong technical proficiency in Python, R, SAS, SQL, and a solid understanding of credit modeling statistics are crucial for success in this role.