Advisory - Financial Services Risk, Data & Regulatory Senior Consultant – Market Risk

Position Summary

Deloitte Risk and Financial Advisory's Financial Services Industry (FSI) Risk, Data and Regulatory professionals help organizations identify the changes impacting their business and implement effective and efficient processes to manage dynamic business and regulatory requirements in multiple areas including market risk management. This will entail supporting clients as they respond to evolving environments and implement programs, measures, and tools to address needs related to market risk management and reporting with a focus on risk, data and regulatory processes.

Work you’ll do

The ideal candidate will be curious, analytical, and confident, with a natural drive to exceed immediate project requirements and overcome obstacles. A genuine passion for the financial services industry, combined with relationship-building, leadership, and communication skills will be critical to success. Candidates should be energized by continuous personal improvement, proactively seeking out new skills and perspectives and exhibiting openness to coaching from senior colleagues and reviewing the work of and contributing to the development of junior staff. Your responsibilities will include:

• Supporting engagement delivery and internal initiatives in response to evolving environments in the areas of risk management and regulatory compliance

• Supporting the delivery of engagements for financial services clients with typical engagements including implementation support, process improvement, operating model design and implementation, risk assessment and management, and controls testing engagements across three lines of defense

• Working on engagements in a team-based environment, partnering directly with clients and Deloitte colleagues

• Contributing to Deloitte’s thought leadership and business development activities including in areas of risk management and stress testing

Qualifications

Required:

• Bachelor’s degree in Finance, Business Management, Economics or related field
• 3+ years of experience in a financial services organization (preferably a bank, capital markets organization or broker-dealer), regulatory agency, or consulting firm with a clear record of expertise, accomplishment, and impact 
• Demonstrate understanding of business processes, regulatory requirements, internal control risk management, process, data and technology controls and related standards and frameworks as related to financial institutions
• Knowledge of the structure and roles within the risk function at a bank, capital markets organization or broker-dealer, including execution and oversight processes, risk assessment, reporting, controls, testing, and data analytics
• Demonstrate strong project management skills, executive messaging, deliverable development, and success acclimating to a team delivery model
• Experience building and nurturing positive working relationships with clients with the intention to exceed client expectations
• Ability to work in a collaborative, team-based environment to solve business challenges and drive change in large organizations
• Possess quantitative and qualitative problem-solving skills, with high capacity for solving business problems with incomplete information
• Project management lifecycle skills, including defining workflows, defining business, functional, and technical requirements documents, detailed project planning, process and data mapping, defining key risks, testing, status monitoring, problem tracking and resolution
• Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.
• Ability to travel up to 50% (While up to 50% travel is a requirement of the role, due to COVID-19, non-essential travel has been suspended until further notice)

Preferred

• Advanced degree and/or certification (e.g. MBA, CRCM, CPA, PMP, or CFA)
• Subject matter expertise in a financial services sub-area like including Wealth Management, Investment Management, Real Estate, Private Equity, Capital Markets
• Experience with Market Risk Management and other related risk functions (e.g. Asset Liability Management), including associated data, models, processes and controls
• Familiarity with risk and regulatory reporting (e.g., Basel, CCAR)
• Familiarity with stress testing implications and processes associated with market risk and relevant trading portfolios
• Working knowledge of scenario analysis, historical simulated value at risk (VaR), Stressed value at risk (SVaR), US Basel III risk-weighted-assets (RWA) including standardized charge calculation
• Knowledge in FRTB regulations
• Familiarity with banking processes – including back office documentation, compliance and controls, reconciliation
• Experience with the contents and implementation of specific regulatory initiatives such as: Dodd-Frank, general consumer compliance, regulatory structure and organizations including FRB, OCC and CFTC

Recruiting tips

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Benefits

At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.

Our people and culture

Our diverse, equitable, and 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 client most complex challenges. This makes Deloitte one of the most rewarding places to work. Learn more about our inclusive culture.

Professional development

From entry-level employees to senior leaders, we believe there’s always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.

As used in this posting, "Deloitte Advisory" means Deloitte & Touche LLP, which provides audit and enterprise risk services; Deloitte Financial Advisory Services LLP, which provides forensic, dispute, and other consulting services; and its affiliate, Deloitte Transactions and Business Analytics LLP, which provides a wide range of advisory and analytics services. Deloitte Transactions and Business Analytics LLP is not a certified public accounting firm. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. These entities are separate subsidiaries of Deloitte LLP.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.

Deloitte will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws. See notices of various ban-the-box laws where available.

Requisition code: 85743