Job Description
Summary
Deloitte India is hiring an experienced Assistant Manager – Financial Risk with expertise in Model Validation, Model Risk Management (MRM), and a foundational knowledge of Generative AI and Python programming. Based in Pune, this role focuses on assessing and validating financial risk models, ensuring compliance with regulatory standards, and driving transparency in financial transactions. Join Deloitte’s dynamic team to advance your career in financial risk, model validation, and AI-driven analytics within a high-performance, inclusive work culture.
Job Details at a Glance
| Job Title | Assistant Manager – Financial Risk (Model Validation Analyst) |
|---|---|
| Location | Pune, Maharashtra, India |
| Entity | Deloitte Touche Tohmatsu India LLP |
| Department | Regulatory & Financial Risk |
| Work Mode | Hybrid / Onsite as needed |
| Experience Level | Mid-level (Assistant Manager) |
| Key Skills | Model Validation, Model Risk Management, Generative AI basics, Python, Financial Risk Analysis |
| Requisition ID | 80696 |
Key Responsibilities
As an Assistant Manager – Financial Risk and Model Validation Analyst, you will:
- Conduct comprehensive model validation including performance testing, benchmarking, and risk assessment of financial models.
- Ensure strict compliance with Model Risk Management (MRM) policies and regulatory guidelines.
- Review, challenge, and validate model assumptions, methodologies, and results to identify potential risks and weaknesses.
- Develop and implement advanced validation techniques to assess model accuracy and robustness.
- Monitor and evaluate emerging trends in Generative AI and analyze their impact on financial model validation.
- Use Python to automate data analysis, model testing, and validation workflows.
- Collaborate closely with risk managers, data scientists, and compliance teams to maintain model transparency and reliability.
- Document validation results and prepare detailed reports for stakeholders and regulatory bodies.
Required Skills & Qualifications
- Proven experience in model validation within financial services, banking, or risk management domains.
- Strong understanding of Model Risk Management (MRM) frameworks and regulatory compliance.
- Basic knowledge of Generative AI and its applications in model development and validation.
- Proficiency in Python programming for statistical analysis, automation, and validation.
- Excellent analytical and problem-solving skills with attention to detail.
- Strong communication skills for clear documentation and presentation of validation findings.
- Ability to work effectively in cross-functional teams and manage multiple priorities.
Leadership & Growth at Deloitte
At Deloitte, leadership is expected at every level. As an Assistant Manager, you will:
- Build a strong understanding of Deloitte’s purpose and values, applying them to create impact.
- Commit to continuous learning and act as a brand ambassador attracting top talent.
- Demonstrate accountability and drive performance aligned with team goals.
- Develop communication and relationship-building skills.
- Understand how your work contributes to broader business priorities.
Career Growth
Deloitte offers tailored professional development, including:
- Hands-on learning and global exposure.
- Formal programs at Deloitte University and The Leadership Centre.
- Opportunities to build world-class skills in financial risk and analytics.
- Support for ongoing growth from entry-level to senior leadership roles.
Why Choose Deloitte?
- Work in a culture of inclusion, collaboration, and high performance.
- Engage with complex financial risk projects at leading organizations.
- Benefit from hybrid work flexibility and client exposure.
- Access learning resources and leadership development.
- Be part of a global network driving impact that matters.
Apply Now
Ready to advance your career as an Assistant Manager – Financial Risk and Model Validation Analyst? Don’t miss this opportunity to join Deloitte’s dynamic team in Pune.