Consultant – Market Risk Jobs in Mumbai | Deloitte Careers
Job Description
Summary
Deloitte Touche Tohmatsu India LLP is hiring a Consultant – Market Risk for its Regulatory & Financial Risk practice in Mumbai. This role is ideal for professionals with strong expertise in Market Risk (VaR, FRTB, IRRBB, Risk Quant, Stress Testing, Basel Compliance) and proficiency in Python, R, VBA, and SQL. As a Market Risk Consultant at Deloitte, you will work with top financial institutions, improve risk processes, implement regulatory frameworks, and deliver cutting-edge analytics solutions.
If you’re looking to grow your career in financial risk consulting with one of the world’s leading professional services firms, this opportunity offers exceptional learning, leadership, and client exposure.
Job Details at a Glance
| Job Title | Consultant – Market Risk |
|---|---|
| Company | Deloitte Touche Tohmatsu India LLP |
| Entity | Regulatory & Financial Risk Practice |
| Location | Mumbai, India |
| Job ID | 86813 |
| Designation | Consultant |
| Experience | 2–6 years in Market Risk, Basel, Regulatory Reporting |
| Key Skills | Market Risk (VaR, Sensitivities, FRTB, IRRBB), Stress Testing, Derivatives, Basel, SAS, Python, R, VBA, SQL |
| Qualification | Postgraduate (Finance/IT/Engineering), CFA/FRM preferred |
| Shift/Mode | Hybrid (client-facing role) |
Key Responsibilities
As a Consultant – Market Risk at Deloitte, you will:
- Work on Market Risk modeling and analytics, including VaR, sensitivities, and stress testing.
- Support regulatory compliance with Basel norms, FRTB, IRRBB, and reporting requirements.
- Perform derivative risk analysis (futures, forwards, options, swaps).
- Manage valuation and independent price verification (IPV).
- Drive process improvements using Python, R, SQL, and VBA.
- Collaborate with stakeholders for risk infrastructure and system implementations.
- Manage large datasets (structured/unstructured) to build actionable insights.
- Contribute to machine learning and advanced analytics solutions within Deloitte’s risk practice.
- Partner with audit and compliance teams to enhance transparency and governance.
Required Skills & Qualifications
- Strong knowledge of Market Risk metrics (VaR, sensitivities, stress testing, scenario analysis).
- Expertise in regulatory banking guidelines and risk management practices.
- Experience with Basel framework, SAS, and risk reporting systems.
- Technical proficiency in SQL, R, Python, VBA.
- Understanding of derivative products and risk strategies.
- Postgraduate degree in Finance/IT/Engineering; CFA or FRM certification preferred.
- Certifications in Machine Learning/Deep Learning with GitHub/Kaggle/Hackerrank portfolio is a plus.
Leadership & Growth at Deloitte
At Deloitte, consultants are encouraged to:
- Lead with integrity and inspire inclusion.
- Continuously upskill in financial risk and analytics.
- Take ownership of client engagements and deliver value.
- Develop strong stakeholder management and communication skills.
- Explore global opportunities and cross-domain learning programs at Deloitte University.
Benefits of Working with Deloitte
- Work with leading banks and financial institutions.
- Gain exposure to regulatory compliance, advanced analytics, and risk consulting.
- Hybrid work model with opportunities for client interaction and global projects.
- Access to training, certifications, and leadership programs.
- Be part of a culture that values purpose, inclusion, and growth.
Apply Now
If you’re ready to grow your career in Market Risk consulting with Deloitte in Mumbai, apply through the official Deloitte Careers page: