Risk Quantitative Consultant/Senior Consultant

Description & Requirements
Who we are looking for
We are looking to expand our team in Bucharest with a Quantitative Credit Risk Analyst who will contribute to local and international projects involving financial institutions and regulatory supervisory authorities.

Your future role
Key Responsibilities:

• Support the design, calibration, implementation, testing and validation or audit of models;
• Document models, methodologies, analyses, and findings;
• Assess the quality of data underlying risk models and model calibration;
• Engage with key client representatives to obtain an understanding of risk practices and assess them;
• Provide support to clients in the areas of internal governance, policies and frameworks in place linked to quantitative risk management;
• Interpret new regulatory requirements focusing on those specific to internal models.

Requirements:

• 1-3 years' relevant experience working in a financial institution or in a related field in a relevant risk or quantitative position such as: market risk, financial supervision, credit or financial modelling;
• Strong academic background, including a degree in Data Science, Business Analytics, Statistics, Econometrics, Mathematics, Engineering, Computer Science, or other related field with strong quantitative focus;
• Master's degree in a quantitative discipline is preferred but not mandatory;
• Good knowledge of programming, e.g. SAS, R, Python, SQL, knowledge of Microsoft Excel;
• Experience in data mining and management, integration and manipulation of large datasets is an advantage;
• Familiarity with the mathematical methods used in credit risk modelling is an advantage;
• Familiarity with credit risk regulatory requirements is an advantage
• Strong multi-tasking and project management skills;
• Excellent English written and oral communication skills;
• Availability for travelling is an advantage.

The successful candidates will work alongside other subject matter experts in the FSI Risk and regulatory department and will be part of an international team with substantial knowledge of laws and regulations in accounting, risk and advisory as well as best practices in banking supervision.

The role offers the opportunity to build on and continue developing your existing knowledge and skills, and to progress to more senior levels as well as to contribute directly to the continued growth of the business line.

What we offer
Great perspective for your career

• fast-paced working environment within geographically distributed teams;
• greenfield and Agile/DevOps projects Opportunity to design, run and support innovative, modern solutions;
• chance to get involved and drive prototype projects;
• the chance to work for the Most Desired Employer in Romania, in the Financial Services Industry, five years in a row (Catalyst)
• well-prepared care process for newcomers / peer learning and coaching program
• the opportunity to lead projects/teams at an early age

Continuous learning

• on the job learning from some of the best experts in our country
• Free access to lifelong learning opportunities through trainings in Business Skills, Technical Knowledge, Professional Qualifications, Soft Skills, depending on your needs
• thousands of online courses (on LinkedIn Learning, Udemy for Business, GetAbstract and others), on almost any topic you want to learn about

Focus on your needs

• competitive compensation
• a budget to spend on benefits that suit you, on top of your salary Choose from a long list, up-to-date with the current reality (private medical insurance, food vouchers, vacation tickets, private pension, high range of online store vouchers and many more)
• monthly teleworking allowance to cover your expenses while working from home
• 25 vacation days & 2 sick leave days /year
• Bookster subscription & corner at the office social area
• employee assistance program: free legal, financial, psychological & health support
• wellbeing monthly programs are available to you covering physical, mental and emotional: on-site massage, sports sessions, mindfulness and financial education workshops as well as other topics related to wellbeing
• travel insurance for professional & personal trips

Flexible working experience

• hybrid work & flexible working hours. Teams set their team days and client office days, plan office presence together and communicate it clearly

A culture of friendliness and acceptance

• open colleagues, an environment that encourages everyone to enjoy their job and express their opinions freely and leaders whose doors are always open
• recurring well-being programs to support your quality of life; an environment that supports everyone's mental and physical health

Community involvement

• 2 volunteering days/year paid by the firm, to support a cause of your choosing
• the opportunity to volunteer for projects supported by Deloitte in partnership with non-profit organizations, with focus on education.

*Selection process*

• We thank all applicants in advance for submitting their resumes but please note that only those candidates selected for an interview will be contacted.

About Deloitte
We give you the means and the know-how, you bring the inspiration and the enthusiasm. Join Deloitte Romania and explore where and how far you can go, through the countless learning and professional development opportunities that our company offers and the continuous support of our friendly team

In Romania, the services are provided by Deloitte Audit SRL, Deloitte Tax SRL, Deloitte Consultanta SRL, Deloitte Accounting SRL, Deloitte Fiscal Representative SRL, Deloitte Tehnologie SRL, Deloitte Support Services SRL, Deloitte Shared Services SRL as well as Reff & Asociații SPRL, the correspondent law firm of Deloitte in Romania, (jointly referred to as "Deloitte Romania) which are affiliates of Deloitte Central Europe Holdings Limited. Deloitte Romania is one of the leading professional services organizations in the country providing services in professional areas of audit, tax, legal, management consulting, financial advisory, risk management services, outsourcing solutions and technology consulting and other related services through over 3,400 national and specialized expatriate professionals. To learn more about how Deloitte makes an impact that matters, please visit and connect with us on Facebook, LinkedIn, YouTube and Instagram.