Join Deloitte's Strategy, Risk & Transaction team as a Financial Risk Consultant in Bengaluru. This role focuses on mitigating risks and uncovering opportunities within the financial sector. The team offers comprehensive risk services, addressing everything from strategic risks at the C-suite level to cyber threats and policy balance.

Independently validate Advanced IRB and Foundation IRB models, covering PD, LGD, EAD, and CCF methodologies. Assess model assumptions for various wholesale product exposures, including corporate lending, project finance, financial institutions, and trade finance. Evaluate model conceptual soundness, data, risk differentiation, and calibration. Review model segmentation, collateral treatment, and regulatory compliance with Basel III/IV.

Conduct model performance testing and prepare detailed validation documentation. Support regulatory engagements by addressing findings and audit requests. Collaborate with development, policy, and capital management teams to ensure model effectiveness and control.

Possess a Master's degree or higher in Quantitative Finance, Statistics, Mathematics, or Engineering. You should have 2-3 years of experience in modeling or validating Wholesale IRB capital models, IFRS9, or Climate Risk models within large banking organizations.

Demonstrate strong technical proficiency in Python, R, SAS, and SQL, coupled with a solid understanding of credit modeling statistics. A deep knowledge of IRB rating system architecture, Basel III/IV wholesale credit capital rules, and model risk governance expectations is essential. Excellent analytical judgment and written communication skills are required.