Join our Deloitte Strategy, Risk & Transaction team as a Deputy Manager in Market Risk Quants. This role focuses on mitigating risks and uncovering opportunities within financial and regulatory frameworks. You will be instrumental in performing independent validations of advanced IRB/Foundation IRB models, assessing diverse wholesale product exposures, and ensuring regulatory compliance.

We seek an individual with a keen eye for detail, strong analytical judgment, and the ability to influence stakeholders. Your contributions will be vital in enhancing our risk management capabilities and supporting our clients in navigating complex financial landscapes.

Key responsibilities include independently validating PD, LGD, EAD, and CCF modelling methodologies, rating system design, and RWA capital impact. You will assess model assumptions for various wholesale exposures like corporate lending, project finance, and commercial real estate.

Further, you will evaluate model conceptual soundness, data representativeness, and calibration. This involves reviewing model segmentation, treatment of collateral, and ensuring compliance with Basel III/IV IRB requirements. Performance testing, documentation, and supporting regulatory engagements are also core duties.

Ideal candidates possess experience with corporate lending, project finance, commercial real estate, and private equity exposures. Familiarity with stress testing frameworks (CCAR/ICAAP) and IRB-to-IFRS 9 model linkages is essential.

We require the ability to articulate quantitative findings to senior stakeholders and a strong mindset for effective challenge and independent risk oversight. Experience in modelling or validation of Wholesale IRB capital models, IFRS9, or Climate Risk Modelling within large banking organizations is highly desirable. Strong technical skills in Python, R, SAS, SQL, and deep knowledge of Basel III/IV capital rules are expected.