Join Deloitte Touche Tohmatsu India LLP in Delhi as a Deputy Manager in Market Risk Quants. This role is part of the Strategy, Risk & Transaction team, focused on helping entities navigate risks and uncover opportunities.

Your expertise will be crucial in mitigating risks across various domains, from strategic C-suite concerns to cybersecurity threats, and from financial policies to board oversight. This position offers a significant opportunity to contribute to a leading firm in risk advisory services.

You will conduct independent validations of Advanced IRB/Foundation IRB models, including PD, LGD, EAD, and CCF methodologies, rating system design, and RWA calculations.

Assess model assumptions for diverse wholesale exposures like corporate lending, project finance, financial institutions, and real estate. Evaluate model conceptual soundness, data suitability, risk differentiation, and calibration.

Review model segmentation, collateral treatment, and regulatory compliance with Basel III/IV. Perform model performance testing and prepare comprehensive validation documentation. Support regulatory engagements and collaborate with internal teams for model improvement.

This role requires experience with corporate lending, project finance, commercial real estate, and private equity exposures, alongside familiarity with stress testing frameworks (CCAR/ICAAP) and IRB-to-IFRS 9 linkages.

Essential skills include the ability to articulate quantitative findings to non-technical stakeholders, a strong mindset for challenge and risk oversight, meticulous attention to detail, and effective stakeholder management.

Desired qualifications include experience in Wholesale IRB capital models, IFRS9, or Climate Risk Modelling, coupled with strong technical proficiency in Python, R, SAS, and SQL. A deep understanding of IRB rating system architecture, Basel III/IV capital rules, and model risk governance expectations (e.g., SR 11-7) is also highly valued. A Master’s degree or higher in a quantitative field and 4-6 years of relevant experience are preferred.