Model Validation

What impact will you make?

Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Deloitte is where you’ll find unrivaled opportunities to succeed and realize your full potential

Deloitte is where you’ll find unrivaled opportunities to succeed and realize your full potential.

The Team

Deloitte SRT 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.

What impact will you make?

Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Deloitte is where you’ll find unrivaled opportunities to succeed and realize your full potential .

Key Responsibilities:

• Model Lifecycle Responsibility: Experience with either model development or model validation activities, ensuring robust model design, accurate performance assessment, and compliance with risk management frameworks and regulatory standards.

• Model Development:

  Responsible for designing, building, and maintaining quantitative models across various domains including business forecasting, pricing, risk assessment models, AML etc. Work spans multiple asset classes and business lines, leveraging advanced mathematical techniques such as stochastic processes, optimization, and statistical inference to address complex modelling challenges.

• Model Validation:

  The specialist will be responsible for the independent quantitative review and rigorous challenge of all models across domains. This involves verifying conceptual soundness, assessing model assumptions, and evaluating implementation accuracy. Key activities include statistical performance testing, scenario analysis, sensitivity testing, and back-testing to ensure models meet defined risk coverage objectives and adhere to internal model risk management frameworks and regulatory expectations, while maintaining computational and operational viability.

• Ongoing Monitoring Review:

  Responsible for periodically substantiating the ongoing fitness of models in accordance with a model’s approved Ongoing Monitoring Plan (“OMP”). Assess model changes, model limitations, assumptions, process verification and outcomes analysis for each model. Identify trends in key metrics and provide critical analysis of model performance with respect to metric thresholds; identify threshold breaches and review documented remediation plans.
• Regulatory Compliance and Reporting: Ensure all model validation/ development activities meet regulatory standards (e.g., Basel III/IV, FRTB) and internal governance policies. Prepare clear, concise development/ validation reports and presentations for risk committees, auditors, and regulators, articulating model limitations, assumptions, and validation outcomes.

Why Deloitte?

At Deloitte, we focus our energy on interesting and impactful work.

We embrace diversity, equity, and inclusion.

We prioritise flexibility and choice.

We help you live and work well.

Visit here to find out more about us.

Next Steps

Does this sound like the right opportunity for you? Apply now!

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.

For Any Queries please mail toinTA_SRT@deloitte.com