Hiring For Credit Risk

Assistant Manager | SRT| RRF| Regulatory and Financial Risk | Credit Risk

• Location: Bangalore

The team

Deloitte Strategy, Risk & Transaction helps entities mitigate risk while discovering new opportunities to create value. Our end-to-end risk services span all domains, from managing strategic risks in the C-Suite to improving board oversight, and from balancing financial and environmental policies to addressing cyber threats. Learn more about Risk, Regulatory & Forensic)

Qualifications

• Bachelor's or Master's degree in Finance, Economics, Statistics, Mathematics, Engineering, or related fields
• Strong understanding of credit risk concepts, credit risk modelling techniques, and financial regulations
• Experience in model validation, model risk management, or credit risk analytics within banking or consulting environments
• Familiarity with statistical tools and programming languages such as SAS, R, Python, or MATLAB is a plus.
• Knowledge of regulatory frameworks like Basel accords, IFRS 9, CCAR, or equivalent
• Strong analytical and problem-solving skills with attention to detail
• Excellent communication skills to interact effectively with clients and stakeholders
• Ability to work in a fast-paced, team-oriented consulting environment
• Prior experience with credit risk models such as Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD), IRB or IFRS 9 models is highly desirable

Your work

• Work Conduct comprehensive validation and review of credit risk models (e.g., PD, LGD, EAD, IRB and IFRS 9 models) to assess model design, methodology, and implementation effectiveness.
• Identify and assess model risks including data quality issues, assumptions, parameter stability, and governance
• Collaborate with client risk teams to understand model frameworks, assumptions, and documentation
• Support development and enhancement of credit risk measurement frameworks and governance policies
• Perform backtesting, benchmarking, sensitivity analysis, and stress testing to validate model outputs
• Ensure adherence to regulatory requirements such as Basel III/IV (IRB), IFRS 9, CCAR, CECL and local supervisory guidelines
• Prepare detailed model validation reports and presentations for senior stakeholders and regulators
• Assist in the development of internal controls and model risk management processes to mitigate operational and model risks.
• Stay abreast of emerging trends, regulatory updates, and best practices in credit risk modelling and model risk management
• Support the development and delivery of training and knowledge-sharing sessions for clients and internal teams.
• Independently maintain relationship with clients to get recurring engagements
• Support management in creating the winning proposals and RFPS