Jobtitle Model Risk Management - Stat Credit Risk - Manager About At Deloitte we do not offer you just a job but a career in the highly sought-after risk management field We are business leaders in the risk market and work with a vision to make the world more prosperous trustworthy and safe Our clients primarily based outside of India are large complex organizations that constantly evolve and innovate to build better products and services In the process they encounter various risks and the work we do to help them address these risks is increasingly important to their success - and to the strength of the economy and public security By joining us you will get to work with diverse teams of professionals who design manage and implement risk-centric solutions across a variety of domains In the process you will gain exposure to the challenges related to risk management faced in today s world by organizations across a range of industry sectors and become subject matter experts in those areas Our professionals help organizations effectively navigate business risks and opportunities - from strategic reputation and financial risks to operational cyber and regulatory risks - to gain competitive advantage We apply our experience in ongoing business operations and corporate lifecycle events to help clients become stronger and more resilient Our market-leading teams help clients embrace complexity to accelerate performance disrupt through innovation and lead in their industries We use cutting-edge technologies like AI ML techniques analytics and risk process automation RPA to solve Deloitte s clients most complex issues Working in Deloitte US-India offices has the power to redefine your ambitions TheTeam Regulatory Risk Forensics We help organizations in their efforts to achieve regulatory and legal compliance and transform their departments to add greater value to the business We combine highly specialized skills in discovery and data management corporate investigations Foreign Corrupt Practices Act and anti-fraud with financial acumen and advanced analytics to produce transformative insights Within RRF Deloitte s Model Risk Management MRM is one of the services we offer to our clients where we help them manage their risks around model usage The team is comprised of professionals with diverse backgrounds including Masters in Statistics Mathematics Physics Finance Financial Engineering and PhDs in various quantitative fields etc Our team is focused on qualitative assessment and quantitative modeling in the areas of Market Risk Credit Risk Operational Risk Liquidity Risk Fraud Risk as per regulatory guidelines like CCAR Stress Testing BASEL II 5 III in US and CRD IV CRR in EMEA regulations The team also does valuation of complex financial products such as derivatives and structured products Our value proposition includes industry financial accounting and business process knowledge proven methodologies that include risk and control concepts deep expertise in advanced quantitative data extraction data mining and analytical skills Workyou lldo The key job responsibilities will be to Develop or validate financial risk models using statistical software and write associated reports Apply conceptual and quantitative depth in modeling methodologies and concepts for risk models for banks as required by regulatory guidance Apply strong analytical and computer skills including experience with statistical and quantitative analysis technical tools such as SAS Python R MATLAB is a plus Explain difficult statistical modeling concepts to diverse non-quantitative client contacts and to experts at various clients Understand various risk management concepts and quantitative modeling methods for estimation of PD LGD EAD VaR ES Fraud Detection Anti-Money Laundering Sanctions Screening etc Work on assigned project responsibilities and meet project requirements Serve as member on engagement where responsibilities include detailed execution of modeling project and documentation of modeling methodologies and results Ability to multi-task and communicate effectively with clients and staff in consultative settings Maintain effective communications with client and team to ensure client satisfaction Experience in leading teams guiding team members Requiredskills Familiarity with mathematics or statistical concepts like regression time series hypothesis testing performance monitoring etc Familiarity with prevalent AI ML techniques including ANNs Decision Trees and Ensemble techniques like XGBoost 9 - 12 years of Experience with any programming languages or statistical tools such as R Python SAS C etc Experience in executive and technical report writing is a plus Understanding of financial regulations products or financial processes is a plus Experience working with a Bank Consultative environment is a plus Experience in leading teams guiding team members is a plus Preferredskills Certifications SAS programming CFA FRM Qualification Masters in Stats Maths Physics Economics Quantitative Finance MBA with Finance major PhD in an advanced quantitative subject is a plus Howyou llgrow At Deloitte we ve invested a great deal to create a rich environment in which our professionals can grow We want all our people to develop in their own way playing to their own strengths as they hone their leadership skills And as a part of our efforts we provide our professionals with a variety of learning and networking opportunities including exposure to leaders sponsors coaches and challenging assignments to help accelerate their careers along the way No two people learn in the same way So we provide a range of resources including live classrooms team-based learning and eLearning DU The Leadership Center in India our state-of-the-art world-class learning Center in the Hyderabad offices is an extension of the Deloitte University DU in Westlake Texas and represents a tangible symbol of our commitment to our people s growth and development Explore DU The Leadership Center in India Deloitte sculture Our positive and supportive culture encourages our people to do their best work every day We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy centered confident and aware Deloitte is committed to achieving diversity within its workforce and encourages all qualified applicants to apply irrespective of gender age sexual orientation disability culture religious and ethnic background We offer well-being programs and are continuously looking for current ways to maintain a culture that is inclusive invites authenticity leverages our diversity and where our people excel and lead healthy happy lives Learn more about Life at Deloitte Corporatecitizenship Deloitte is led by a purpose to make an impact that matters This purpose defines who we are and extends to relationships with Deloitte s clients our people and our communities We believe that business has the power to inspire and transform We focus on education giving skill-based volunteerism and leadership to help drive positive social impact in our communities Learn more about Deloitte s impact on the world Recruitingtips Finding the right job and preparing for the recruitment process can be tricky Check out tips from our Deloitte recruiting professionals to set yourself up for success Check out recruiting tips from Deloitte recruiters Benefits We believe that to be an undisputed leader in professional services we should equip you with the resources that can make a positive impact on your well-being journey Our vision is to create a leadership culture focused on the development and well-being of our people Here are some of our benefits and programs to support you and your family s well-being needs Eligibility requirements may be based on role tenure type of employment and or other criteria Learn more about what working at Deloitte can mean for you Ourpeopleandculture Our people and our culture make Deloitte a place where leaders thrive Get an inside look at the rich diversity of background education and experiences of our people What impact will you make Check out our professionals career journeys and be inspired by their stories Professional development You want to make an impact And we want you to make it We can help you do that by providing you the culture training resources and opportunities to help you grow and succeed as a professional Learn more about our commitment to developing our people Our purpose Deloitte s purpose is to make an impact that matters for our people clients and communities At Deloitte purpose is synonymous with how we work every day It defines who we are Our purpose comes through in our work with clients that enables impact and value in their organizations as well as through our own investments commitments and actions across areas that help drive positive outcomes for our communities Our people and culture Our inclusive culture empowers our people to be who they are contribute their unique perspectives and make a difference individually and collectively It enables us to leverage different ideas and perspectives and bring more creativity and innovation to help solve our clients most complex challenges This makes Deloitte one of the most rewarding places to work Professional development At Deloitte professionals have the opportunity to work with some of the best and discover what works best for them Here we prioritize professional growth offering diverse learning and networking opportunities to help accelerate careers and enhance leadership skills Our state-of-the-art DU The Leadership Center in India located in Hyderabad represents a tangible symbol of our commitment to the holistic growth and development of our people Explore DU The Leadership Center in India Benefits to help you thrive At Deloitte we know that great people make a excellent organization Our comprehensive rewards program helps us deliver a distinctly Deloitte experience that helps that empowers our professionals to thrive mentally physically and financially and live their purpose To support our professionals and their loved ones we offer a broad range of benefits Eligibility requirements may be based on role tenure type of employment and or other criteria Learn more about what working at Deloitte can mean for you Recruiting tips From developing a stand out resume to putting your best foot forward in the interview we want you to feel prepared and confident as you explore opportunities at Deloitte Check out recruiting tips from Deloitte recruiters Requisition code 309743