Job Description

SCAM ALERT: Caution against fraudulent job offers!

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SCAM ALERT

Caution against fraudulent job offers!

We have been informed of instances where jobseekers are led to believe of fictitious job opportunities with Deloitte US (Deloitte). In one or more such cases, false promises of actual or potential selection, or initiation or completion of the recruitment formalities appear to have been or are being made. Some jobseekers appear to have been asked to pay money to specified bank accounts of individuals or entities as a condition of their selection for a job with Deloitte. These individuals or entities are in no way connected with Deloitte and do not represent or otherwise act on behalf of Deloitte.

We would like to clarify that:

* At Deloitte, ethics and integrity are fundamental and not negotiable.
* We are against corruption and neither offer bribes nor accept them, nor induce or permit any other party to make or receive bribes on our behalf.
* We have not authorized any party or person to collect any money from jobseekers in any form whatsoever for promises of getting jobs in Deloitte.
* We consider candidates only on merit and that we provide an equal opportunity to eligible applicants.
* No one other than designated Deloitte personnel (e.g., a Deloitte recruiter or Deloitte hiring partner) is permitted to extend any job offer from Deloitte.

Anyone who at any time has made or makes any payment to any party against promises of job or selection for a job with Deloitte or any matter related to this (including those for registration, verification or security deposit) or otherwise engages with any such person who has made or makes fraudulent promises or offers, does so (or has done so) entirely at their own risk. Deloitte takes no responsibility or liability for any such unauthorized or fraudulent actions or engagements.

We encourage jobseekers to exercise caution.

Deloitte & Touche LLP seeks a Advisory Senior Consultant in Jersey City, NJ.

Work You'll Do

Design and deliver a range of qualitative and quantitative solutions in the areas of model risk management and model validation, model development and related capabilities and control processes, financial instrument valuation, and related strategy and governance; develop control frameworks and decision-making models encompassing regulatory requirements, including rules promulgated by the Federal Reserve and the Office of Comptroller of the Currency (OCC); perform fair value calculations and assessments for clients' complex financial instruments; understand clients' business environments and basic risk management approaches; help to identify and evaluate risks within clients' portfolios, decision-making models, operations, complex business processes, and technology; interface with internal audit, business, IT, and members of executive management to design and implement solutions; participate in risk assessments, determine internal audit control plans, execute internal audit programs, assess issues, and work with management to determine remediation plans and track progress; evaluate and implement internal controls that mitigate risks; demonstrate knowledge of asset valuation, data analytics and visualization, analytical programing languages, credit risk, market risk, operational risk, industry trends, regulatory changes, and competitor activities, products, and service lines; assist in project governance, client management, preparing project plans, and status tracking. Will commute within the Jersey City, NJ area to consult with clients concerning the above job duties.

LI-DNI

Requirements

* Bachelor's (or higher) degree in Accounting, Finance, Engineering, Management Information Systems, Computer Science, Financial Mathematics, or related field (willing to accept foreign education equivalent).
* Eighteen months of banking and securities risk advisory experience.
* Experience must include eighteen months of:
* Professional services consulting in the banking industry;
* Assisting clients with full lifecycle model risk management services and related activities, including model development, governance, policies and controls, validation, and risk technology;
* Developing internal ratings-based wholesale probability of default (PD) and loss given default (LGD) models to predict default probability and loss utilizing predictive models, including logistic regression and decision tree, to comply with regulatory requirements;
* Analyzing, cleaning, and transforming large datasets utilizing SAS and SQL;
* Utilizing Basel III, SR 11-7, SR 15-18, and OCC guidelines to conduct gap analysis for international banks by comparing their current practices in risk model governance and documentation against regulatory expectations;
* Performing stress testing and valuations for clients' complex derivative products, including equity, fixed income (liquid and illiquid bonds, interest rate swaps, and swaptions), foreign exchanges, and credit instruments;
* Utilizing various pricing models, including discounted cash flow, Monte Carlo simulation, Black-Scholes, and Hull-White, to price derivative securities;
* Assessing model conceptual soundness and creating alternative approaches to quantitatively test significant model inputs utilizing large market data sets sourced from data vendors, including Bloomberg and Eikon; and
* Mentoring and coaching junior team members.
* Less than 10% travel outside of normal commuting distance.

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.

Deloitte's culture

Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.

Corporate citizenship

Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with our clients, our people and our communities. We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. Learn more about Deloitte's impact on the world.

Recruiter tips

We want job seekers exploring opportunities at Deloitte to feel prepared and confident. To help you with your interview, we suggest that you do your research: know some background about the organization and the business area you're applying to. We also suggest that you brush up on your behavioral and case interviewing skills and practice discussing your experience and job history with a family member, friend, or mentor. Check out recruiting tips from Deloitte professionals.

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.

Requisition code: XSFH21FA0221JCA1



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