Manager | Financial Risk | Bengaluru | Regulatory & Financial Risk

Your potential, unleashed.

India’s impact on the global economy has increased at an exponential rate and Deloitte presents an opportunity to unleash and realise your potential amongst cutting edge leaders, and organizations shaping the future of the region, and indeed, the world beyond.

At Deloitte, your whole self to work, every day. Combine that with our drive to propel with purpose and you have the perfect playground to collaborate, innovate, grow, and make an impact that matters.

The team

Innovation, transformation and leadership occur in many ways. At Deloitte, our ability to help solve clients’ most complex issues is distinct. We deliver strategy and implementation, from a business and technology view, to help you lead in the markets where you compete.

Learn more about our Financial Advisory Practice

Your work profile

As a Manager in our team you’ll build and nurture positive working relationships with teams and clients with the intention to exceed client expectations: -

We are looking for experienced Data Analysts / Business Analysts with strong domain expertise in Credit Risk and practical exposure to Basel III / CRR implementation projects, particularly those involving data and system migrations. The ideal candidate will play a key role in supporting the data transition to updated datawarehouses, ensuring alignment with regulatory expectations and minimizing discrepancies in critical risk metrics.

Key Responsibilities:

• Collect and document functional and non-functional requirements for Banking products such as Corporate Loans, Mortgage Loans, PL, Credit Cards, Overdrafts etc.
• Prepare comprehensive documentation including Business Requirement Documents (BRDs), Functional Specification Documents (FSDs), and other relevant project artifacts.
• Actively support data migration and system migration projects tied to Basel III Credit Risk regulatory implementations.
• Collaborate with product managers, Risk & Policy team, Reporting and Regulatory Interpreation team and technology teams to align business needs with technical solutions.
• Translate regulatory and business requirements into data specifications and ensure proper implementation in the target data warehouse
• Support UAT and post-migration validation efforts with a focus on regulatory accuracy and completeness.
• Identify gaps in current processes and recommend improvements for efficiency and risk mitigation.
• Create and execute test cases; coordinate with user teams for SIT/UAT sign offs.

Skills & Experience Required:

• Strong domain knowledge in Credit Risk and familiarity with Basel III / CRR regulations.
• Hands-on experience in data migration projects, particularly involving system transitions for regulatory reporting.
• Experience working with data warehouses, including legacy and modern platforms.
• Proven expertise in investigating and resolving data mismatches across environments.
• Good understanding of regulatory-critical data such as EAD, RWA, PD, LGD, etc., and their calculation or derivation logic.
• Proficient in SQL and data analysis tools for deep-dive investigations.
• Ability to articulate data discrepancies and remediation plans clearly to both technical and non-technical stakeholders.

Preferred Qualifications:

• Master’s degree in finance, business, or related field.

Desired qualifications

• Bachelor’s degree in finance, business, or related field.

Location and way of working

• Location Agnostic

Your role

The Business Analyst will act as a liaison between business stakeholders, program managers, and technology teams to deliver solutions for consumer lending portfolio. This role involves gathering requirements, analyzing processes, and ensuring compliance with regulatory and risk frameworks while supporting digital transformation initiatives.

How you’ll grow

Connect for impact

Our exceptional team of professionals across the globe are solving some of the world’s most complex business problems, as well as directly supporting our communities, the planet, and each other. Know more in our Global Impact Report and our India Impact Report.

Empower to lead

You can be a leader irrespective of your career level. Our colleagues are characterised by their ability to inspire, support, and provide opportunities for people to deliver their best and grow both as professionals and human beings. Know more about Deloitte and our One Young World partnership.

Inclusion for all

At Deloitte, people are valued and respected for who they are and are trusted to add value to their clients, teams and communities in a way that reflects their own unique capabilities. Know more about everyday steps that you can take to be more inclusive. At Deloitte, we believe in the unique skills, attitude and potential each and every one of us brings to the table to make an impact that matters.

Drive your career

At Deloitte, you are encouraged to take ownership of your career. We recognise there is no one size fits all career path, and global, cross-business mobility and up / re-skilling are all within the range of possibilities to shape a unique and fulfilling career. Know more about Life at Deloitte.

Everyone’s welcome… entrust your happiness to us

Our workspaces and initiatives are geared towards your 360-degree happiness. This includes specific needs you may have in terms of accessibility, flexibility, safety and security, and caregiving. Here’s a glimpse of things that are in store for you.

Interview tips

We want job seekers exploring opportunities at Deloitte to feel prepared, confident and comfortable. To help you with your interview, we suggest that you do your research, know some background about the organisation and the business area you’re applying to. Check out recruiting tips from Deloitte professionals.