Join Deloitte's Strategy, Risk & Transaction team in Delhi as a Deputy Manager in Model Validation Quant. This role is crucial for mitigating risk and identifying new opportunities. You will contribute to a team focused on providing comprehensive risk services, from strategic risk management to addressing cyber threats.

In this position, you will be instrumental in supporting model development and validation for market risk, counterparty credit risk, and pricing. Your responsibilities will include conducting independent reviews and validation of various risk models, such as FRTB IMA & SA, Basel 2.5, VaR, Expected Shortfall, and Sensitivities. You will also assess model inputs, assumptions, and methodologies, perform performance testing, and review model implementations to identify and address potential risks, ensuring alignment with regulatory standards like SR 11-7.

We are looking for a candidate with a Master's degree in a quantitative field such as Finance, Financial Mathematics, Statistics, Economics, Engineering, or an MBA, coupled with 5-8 years of relevant experience. A strong foundation in statistical modelling, quantitative research, stochastic calculus, and market risk management is essential. Expertise in specific areas like Market Risk models (VaR, FRTB), Stress testing and Capital models (CCAR, ICAAP), or CCR (SA-CCR, XVA, margin models) is highly valued. A solid understanding of market and CCR metrics, probability theory, numerical methods, and statistical techniques is required.