Consultant | Financial Risk | Bengaluru | Regulatory & Financial Risk

Job description

**Consultant \| Financial Risk \| Bengaluru \| Regulatory \& Financial Risk** • **Job requisition ID** : 109516 • **Location**: Bengaluru • **Entity**: Deloitte Touche Tohmatsu India LLP **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**) **Your work profile** * Perform independent validation of Advanced IRB / Foundation IRB models including: * PD, LGD, EAD, and CCF modelling methodologies * Rating system design and performance * RWA attribution and capital impact assessment * Assess model methodologies and assumptions for diverse wholesale product exposures including: * Corporate and SME lending (term loans, revolving credit, working capital facilities) * Project and infrastructure finance * Financial institutions \& sovereign portfolios * Commercial Real Estate (CRE) and income-producing real estate * Trade finance, supply chain, and asset-based lending * Leveraged finance and private capital exposures * Evaluate model conceptual soundness, data representativeness, risk differentiation, and calibration methodology * Review and challenge: * Model segmentation, overrides, downturn calibration, and economic cycle considerations * Treatment of collateral, guarantees, credit mitigants, and default definitions * Regulatory compliance with Basel III/IV IRB requirements and regional supervisory rules * Conduct model performance testing including: * Discriminatory power, back-testing, stability monitoring, sensitivity, and benchmarking * Prepare high-quality validation documentation with clear findings, limitations, and remediation actions * Support regulatory engagements, addressing model findings, remediation evidence, and audit requests * Partner with Model Development, Credit Policy, Data Governance, and Capital Management teams to ensure models are fit-for-purpose and well-controlled **Key skills required:** * Experience with Corporate lending, project finance, commercial real estate, private equity exposures * Stress testing frameworks (CCAR/ICAAP) and IRB-to-IFRS 9 model linkages * Regulatory interactions with PRA, ECB, Fed/OCC, OSFI, etc. * Ability to articulate quantitative findings to non-technical senior stakeholders * Core Competencies * Effective challenge and independent risk oversight mindset * High attention to detail and documentation discipline * Stakeholder influencing and relationship management * Ability to manage multiple validations under tight timelines * Desired qualifications * Master's degree or higher in Quantitative Finance, Statistics, Mathematics, Engineering, or related field * Experience in modelling or validation of Wholesale IRB capital models, IFRS9, Climate Risk Modelling experience within large banking organizations * Strong technical skills in Python, R, SAS, SQL and knowledge of credit modelling statistics * Deep knowledge of: * IRB rating system architecture and approvals * Basel III/IV capital rules for wholesale credit * Model risk governance expectations (e.g., SR 11-7) * Strong analytical judgment and written communication skills * Desired qualifications Master's degree or higher in Quantitative Finance, Statistics, Mathematics, Engineering, or related field * 2 to 3 years of experience in modelling or validation of Wholesale IRB capital models, IFRS9, Climate Risk Modelling experience within large banking organizations * Strong technical skills in Python, R, SAS, SQL and knowledge of credit modelling statistics