Join our Regulatory & Financial Risk team in Bengaluru as a Credit Risk Quant Manager. This role focuses on enhancing our risk management capabilities through advanced model development and validation.

Deloitte's Strategy, Risk & Transaction division empowers organizations to navigate risks and capitalize on opportunities. We offer comprehensive risk services, from strategic guidance to cyber threat management.

This position is integral to ensuring the robustness of our risk models.

Develop, review, and validate critical risk models, including Market Risk (FRTB IMA, SA, Basel 2.5), Counterparty Credit Risk, and Pricing models.

Conduct independent assessments of model inputs, outputs, assumptions, conceptual soundness, and methodological appropriateness.

Perform rigorous performance testing, benchmarking, sensitivity analysis, and back-testing to ensure model accuracy.

Prepare detailed validation and model risk reports in compliance with regulatory expectations such as SR 11-7, ECB, and PRA.

Identify potential model risks and propose effective remediation strategies.

We are seeking individuals with 10-12 years of experience in Market Risk models (VaR, FRTB, IRC), Stress Testing and Capital models (CCAR, DFAST, ICAAP), or Counterparty Credit Risk (SACCR, XVA, SIMM, Exposure models).

A strong grasp of Market and Counterparty Credit Risk metrics, stochastic calculus, probability theory, numerical methods, and statistical techniques is essential.

Familiarity with derivatives, financial instruments across various asset classes, and risk management strategies is required.

Candidates must hold a Master’s degree in a quantitative field such as Finance, Mathematics, Statistics, Engineering, or an MBA. Certifications like FRM, CFA, or CQF are advantageous.