Job Requisition ID: 39101 Choice and flexibility on where, when and how you work Mentoring programs – receive support and coaching to progress your career Recognition culture to celebrate milestones and discounts at hundreds of retailers You've spent your career building and validating the models that underpin how financial institutions measure and manage credit risk. This is your chance to do that work across multiple clients, tackle more complex problems, and step into a role that's been created to support the next phase of the team's growth. About the team Our Credit Risk and Quantitative Modelling team is an established and respected part of Deloitte's assurance practice, and we're growing. We work with a range of financial institutions, primarily banks and non-bank lenders, on complex quantitative credit risk model development, validation, and monitoring. We also help clients understand and respond to upcoming regulatory and accounting changes, particularly where those changes affect their credit risk models. This is a newly created role, which means you'll be joining at a point where you can genuinely influence the team's direction as it scales. You'll have the foundation of an experienced team around you, combined with the opportunity that comes with growth. We pride ourselves on our people-centred culture, our client-focused approach, and our willingness to think differently. We don't just help our clients meet their obligations. We help them get genuine business value from the work. What will your typical day look like? You'll be hands-on with quantitative modelling work from day one, while also developing the commercial and client skills that will shape your longer-term career. On any given day, you might be: Building, reviewing, or validating credit risk models (PD, LGD, EAD) for IFRS9 or Regulatory Capital purposes Delivering credit risk analytics and solutions for banking and non-bank lending clients Working across stress testing engagements, including emerging areas like climate-related credit modelling Translating regulatory and accounting changes into practical impacts on client models Identifying market trends and disruptive shifts and turning them into opportunities for our clients Collaborating with a highly driven team across multiple projects, sharing progress and supporting each other Developing your quantitative, statistical, and problem-solving skills through varied and challenging work You'll be working directly with clients, not just behind a screen. The ability to explain complex model outputs to senior stakeholders in plain language is just as valued here as the technical build itself. Enough about us, let's talk about you. You're quantitatively strong, naturally curious, and motivated by the idea of joining a team at a genuine inflection point in its growth. You're comfortable working independently but you also know how to bring others along, whether that's mentoring junior team members or keeping senior stakeholders informed. You may have all or some of the following skills/experiences: Relevant degree in statistics, actuarial science, engineering, mathematics, or a related quantitative field. Postgraduate qualifications are highly desirable At least 2 years of experience in a consulting firm or large financial institution Hands-on credit risk modelling experience, including building, reviewing, and validating PD, LGD, and EAD models for IFRS9 and Regulatory Capital purposes Strong knowledge of the regulatory and IFRS landscape as it relates to financial services and credit risk Experience or genuine curiosity in stress testing modelling, including climate-related credit modelling Proficiency in one or more of the following: SAS, SQL, VBA, R, Python, or C++ Confident communication skills, both written and verbal, with the ability to build credibility with clients Self-starter mentality with the ability to manage your own workload and provide guidance to junior team members Exposure to machine learning, NLP, or AI techniques is desirable but not essential Why Deloitte? At Deloitte, we focus our energy on interesting and impactful work. We’re always learning, innovating and setting the standard; making a positive difference to our clients and our society. We put coaching at the heart of what we do, helping our people grow their careers in any direction – whether it be up, moving into something new, or even moving across the world. We embrace diversity, equity and inclusion. We have a diverse collection of people from different backgrounds, with different experiences, gender identities, abilities and thinking styles. What binds us together is a shared commitment to value everyone’s perspective and to cultivate inclusion; so that our work environment is a safe space we can all belong. We value in-person connection with our clients and our colleagues. We offer several ways for you to work flexibly so that you can serve your clients, stay connected with your team, and manage your personal priorities. We help you live and work well. To support your personal and professional life, we offer a range of perks and benefits, including retail discounts, wellbeing leave, paid volunteering days, twelve flexible working options, market-leading parental leave and return to work support package. Next Steps Sound exactly like the sort of role for you? Apply now! LI-Hybrid By applying for this job, you’ll be assessed against the Deloitte Talent Standards. We’ve designed these standards so that you can grow in your career, and we can provide our clients with a consistent and exceptional Deloitte employee experience globally. The preferred candidate will be subject to background screening by Deloitte or by their external third-party provider.
