Join our dynamic Regulatory & Financial Risk team in Kolkata as a Deputy Manager specializing in Model Validation Quant. This role is a crucial part of Deloitte's Strategy, Risk & Transaction practice, focusing on helping entities navigate complex risks and uncover new opportunities.

You will contribute to strengthening risk and control frameworks, ensuring robust processes, and supporting critical risk assessment activities. If you are passionate about financial risk and eager to make an impact, this is an excellent opportunity.

Key responsibilities include supporting the development and maintenance of Risk & Control Frameworks, performing Risk & Control Self-Assessments (RCSA) to identify risks and gaps, and conducting controls gap analysis. You will execute Design Effectiveness Assessments (DEA) and Operational Effectiveness Testing (OET), documenting results and collaborating on remediation plans. The role also involves monitoring Key Risk Indicators (KRIs) and control performance trends, preparing risk reports, and supporting internal and external audits.

Additionally, you will partner with various business teams to identify process improvements, provide risk awareness training, and contribute to strategic initiatives like policy updates and system implementations. Familiarity with BCBS 239 principles is a plus.

We are seeking a seasoned professional with 4-8 years of experience in Banking Risk and controls assurance, holding a graduate degree. A strong understanding of risk management principles and control frameworks is essential.

Demonstrated experience in RCSA, controls testing, and KPI/KRI frameworks is preferred. You should possess a solid grasp of data controls, data lineage, and reconciliations. Proficiency in tools and methodologies such as SQL, Agile, Confluence, Change Management, BRD, FRD, and UAT is required.