Analyst/Consultant/Senior Consultant, Quantitative Market Risk Models

Deloitte is the largest 100% Canadian-owned and operated professional services firm, aiming to make a significant impact. In this role, you will provide professional advice to financial services clients on quantitative issues, developing and validating complex market risk models. Responsibilities Develop/validate/review Capital Markets and Market Risk models (e.g. Financial Derivatives Pricing, VaR, Counterparty Credit Risk, XVA, FRTB, IBOR Transition and CCAR models) based on industry best practices Learn and work in other quantitative and analytical areas such as credit modeling, forecasting and stress testing, customer behavior modeling, and new innovations such as Machine Learning and Artificial Intelligence Carry out various complex financial analyses including independent derivative valuation, customer behavior modeling, and can get involved in new innovations such as Machine Learning and Artificial Intelligence Skills Relevant experience spent within Capital Markets and/or Market Risk, on a model development or model validation/vetting team at a major financial institution For Analyst, 0 – 1 year of relevant experience required; for Consultant, 1 – 3 years of relevant experience required; for Senior Consultant, 2 – 5+ years of relevant experience required Strong academic background with a PhD or Master's Degree in Mathematical Finance, Financial Engineering, or another relevant post-graduate degree (Engineering, Mathematics, Physics, Statistics) Hands-on experiences of financial products (e.g., options, swaps, etc.) and their modeling and calibration including numerically solving PDEs, employing binomial trees, and using Monte Carlo methods across a wide range of products, including interest rate, foreign exchange, equity, commodity, and credit derivatives Solid programming skills (e.g., Python, MATLAB, Visual Basic, C++, C#) Strong verbal and written communication skills Knowledge of quantitative methodologies in market risks (e.g., VaR, FRTB, CCR, XVA, etc.) and Economic Capital is an asset Benefits $4,000 per year for mental health support benefits $1,300 flexible benefit spending account Firm-wide closures known as "Deloitte Days" Dedicated days of for learning (known as Development and Innovation Days) Flexible work arrangements A hybrid work structure Company Overview Deloitte is a business consulting company that offers audit, consulting, financial advisory, and tax services. It was founded in 1845, and is headquartered in London, England, GBR, with a workforce of 10001+ employees. Its website is