Financial Risk Senior Consultant

About the role

The Deloitte Regulatory, Risk & Forensic team helps financial services clients navigate multifaceted risks and regulatory environments. We leverage advanced data, AI, and emerging technologies to assist clients in creating clarity from complexity and driving value.

Responsibilities

• Identify, evaluate, and prioritize business, operational, regulatory, and technology risks, contributing to risk mitigation strategies for client projects.
• Stay current on key technology trends and analyze their impact on client business and workforce models.
• Collaborate with project teams to develop high-quality client deliverables and respond to internal business needs.
• Support management of workstreams on complex engagements, partnering with client counterparts and contributing to discussions on project execution, work planning, and deliverable management.
• Contribute to recommendations for process improvement, transformation, or risk reduction, working with teammates to deliver client value and operational improvements.
• Aid in business development initiatives such as drafting industry insights, sales materials, or supporting proposal development.
• Engage with industry trends by participating in discussions with clients, industry peers, trade groups, or consortiums as appropriate.
• Provide clear guidance to others through knowledge sharing, peer review, and on-the-ground project guidance.

Requirements

• Proven problem-solving skills and a passion for learning.
• Strong analytical, critical thinking, and organizational skills.
• Ability to build and sustain professional relationships.
• Ability to lead projects or workstreams.
• Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment.
• Strong interpersonal skills and professional demeanor.
• Ability to meet deadlines.

Qualifications

• Bachelor's degree in Finance, Economics, Business, Statistics, Mathematics, or related field.
• 4+ years of experience in the financial services or consulting industry, supporting one or more of financial risk/related areas.
• Knowledge of financial services business models, products, and services.
• Experience in banking, digital assets, or capital markets is desirable.
• Demonstrated relationship-building skills and a collaborative approach with clients and team members.
• Experience supporting business transformation, regulatory remediation, or change management initiatives.
• Understanding of business processes, regulatory requirements, technology and governance for financial institutions.
• Solid project management or business analysis skills, with the ability to manage competing priorities and deadlines.
• Excellent oral and written communication skills for developing client deliverables and documentation.
• Ability to travel up to 50%, depending on client and engagement needs.

Preferred Qualifications

• Advanced degree and/or certification (e.g., Quant MS, MBA, FRM, CFA, CRCM, CPA, PMP).
• Expertise in one or more Financial Risk domains:
• Credit Risk: Underwriting and portfolio credit risk across products (e.g., PD/LGD/EAD modeling support, credit policy/scorecards, risk rating systems, credit review/QA, allowance/CECL support, concentration/limit monitoring, early warning & remediation).
• Liquidity Risk: Treasury liquidity risk management and reporting (e.g., liquidity stress testing (LST), Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), FR 2052a, contingency funding plans, intraday liquidity, collateral & cash management, asset-liability management (ALM)).
• Market Risk: Market and interest rate risk management practices (e.g., interest rate risk in the banking book (IRRBB) measurement, sensitivities/scenario analysis, model validation support, limit frameworks, capital markets product exposure understanding, controls and governance).
• Capital Management / Stress Testing: Capital planning and enterprise stress testing execution (e.g., scenario design support, model methodology governance, results aggregation, capital actions analysis, documentation and control testing, linkage to balance sheet and risk appetite, climate stress testing considerations).
• Strong understanding of end-to-end banking products/operations (deposits, cards, lending, underwriting; credit products and servicing).
• Subject matter expertise in one or more financial services areas (Retail, Commercial, Transaction, Wholesale, Cards & Payments, Wealth/Investment Mgmt, Capital Markets, Real Estate, FinTech/PE).
• Prior experience in risk management role or at a U.S. banking regulator.
• Familiarity with key regulatory initiatives and supervisory ecosystem (e.g., Dodd-Frank; FRB/Fed, OCC, CFTC), plus strong grasp of associated models, data, processes, and controls.
• Hands-on ability to analyze/model data using common languages/tools (Python, R, SAS, SQL).
• Experience supporting or implementing systems (trading, operations, lending, core banking, compliance, risk/case management, or data management).
• Familiarity with topics such as process design or mapping, workflow development, data management or migration, or analytics/visualization.
• Experience with user acceptance testing, system configuration, monitoring, or issue resolution.
• Ability to translate risk or regulatory requirements into actionable user stories or business needs.
• Advanced proficiency in Microsoft Office (PowerPoint, Excel, Visio).

Information for applicants with a need for accommodation

Information for applicants with a need for accommodation