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Job Specs

Job Name
Financial Risk Modelling & Validation Consultant @Thessaloniki
Location
Thessaloniki
Business Area
REGULATORY AND LEGAL SUPPORT
Seniority
Experienced
Business Function
RISK ADVISORY-DACC

What impact will you make?

What Impact will you make?

Are you looking for an opportunity in Thessaloniki that offers you a hybrid working model?

Are you ready to work on large scale projects for industry-leading clients around the world and elevate your career to an international level?

If so, check below for more info about this career opportunity!

You bring passion, we bring opportunities!

#YourOpportunity

Deloitte is a worldwide leader in Professional Services with a presence in more than 150 countries and territories. Since 2018, Deloitte has been operating its Alexander Competence Center in Thessaloniki with satellites in the cities of Patras, Heraklion, and Ioannina - which are model hubs of expertise, training, and innovation, specializing in cutting-edge exponential technologies, in which graduates and young professionals undergo immersive experiences, continuous learning, gaining practical insights and hands-on training that empower them to navigate the complexities of the digital landscape.

Deloitte is an ideal working environment for both young and senior professionals who want to take the next step in their careers, offering them a supportive and international working environment that leverages their expertise and potential. Its corporate culture is based on trust and collaboration and ensures diversity and inclusion so that everyone feels part of a great team.

We are currently seeking for ambitious team players to become part of our dynamic Financial Risk Management team within our Risk Advisory department in Thessaloniki.

#AboutYourTeam

Financial institutions face a period of unprecedented regulatory change in terms of the number of new initiatives, their complexity and the interplay between different regulations.

Against this backdrop, Deloitte has created a Financial Risk Management team to assist clients in developing, validating and implementing credit risk and market risk models. This team assists financial institutions across the Model Risk Management lifecycle and is widely regarded in the market place as the leading Credit Risk Modelling team.

The primary objective our team is to design, build, implement and validate both credit and traded risk models within the financial services industry, advising and influencing clients on how best to deliver value in the face of an ever increasing and complex regulatory agenda.

In response to the growing demand for the team’s services from internal and external clients, we are looking for new colleagues to join us to drive forward the model development and model risk management agenda.

The successful applicants will enjoy an unparalleled opportunity to develop their risk modelling and validation skills within a stimulating, supportive environment, delivering projects for financial institutions across Europe and beyond.

#AboutYourRole

As a Consultant in our Risk Advisory department, you will play a pivotal role in supporting our clients in identifying, assessing, and managing risks that may impact their business objectives. This role offers a unique opportunity to work on diverse projects, collaborating with cross-functional teams and leveraging your expertise to deliver value-added insights.

You will work collaboratively with the wider Financial Risk Measurement team and our clients. The role requires flexibility to tackle a wide range of tasks:

  • Contribute to all aspects of credit and traded risk model development and deployment including design, coding, testing, validation and review. The most common types of credit risk models worked on by the team are operational scorecards, IRB capital models for Pillar 1 Credit Risk, IFRS 9 impairment models, forecasting models and stress testing models.
  • Help deliver projects to evaluate, design and implement policies, procedures and strategies to effectively deploy and execute risk models and processes, consistent with regulatory requirements and/or market practice across credit risk model delivery.
  • Perform reviews of risk model deployment and execution frameworks, including gathering business requirements, assessing conceptual designs, examining governance and controls, and testing outcomes.
  • Help the team expand its range of services and solutions in the market place, considering operations, analytics and target operating model considerations for clients, plus how to deliver with third party providers.
  • Keep up to date with academic, technical and industry developments in the field of credit and traded risk management, deployment and implementation.
  • Applicants will need to be able to review large volumes of information quickly and efficiently in order to identify and disseminate the key points in a coherent manner.

Applicants should be also committed to building long-term professional relationships with clients and key stakeholders, working with our senior management team to develop industry contacts. Candidates should also share our firm’s commitment to creating and maintaining a respectful and inclusive culture.

#OurRequirements

Key Qualifications

  • An academic background in Mathematics, Engineering or Quantitative Finance which must include stochastic calculus (a Masters degree in a relevant quantitative/finance discipline or Professional qualification such as PRMIA, GARP, CFA would be an advantage).
  • Strong IT skills including Microsoft applications (Word, Excel, PowerPoint) and statistical coding packages (e.g. Python, R, SAS).
  • Experience in Financial Maths (ex. Derivatives, pricing, risk modelling etc.)
  • Proficient in English to be able to support international clients.
  • Knowledge of risk management fundamentals (Basel regulation, standardized vs advanced approaches, risk parameters etc.) is an advantage.
  • A strong work ethic and a professional and personable demeanor.
  • High personal standards with respect to the quality of your own work.
  • The ability to work effectively as part of a wider team, furthering common goals and working within demanding deadlines.
  • High motivation, with a proven track record and ability to work on own initiative within a challenging/dynamic work environment.
  • Interpersonal and influencing skills, including strong oral and written communication of technical concepts to a non-technical audience.

If you're ready to take your career to the next level in a challenging international environment, focusing on continuous learning and dynamic teamwork, both in Greece and abroad, you're ready for Deloitte!

#WhatWeOffer

At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits:

🏠 Modern hybrid workplace, characterized by flexibility and Smart Working

βš– Empowered well-being: We provide multiple program offerings to support your well-being needs (flexible working arrangements, extra days of leave, parental allowances)

🌍 Engagement within international large-scale teams and projects, with opportunities to travel for training or client purposes.

πŸ“š Constant opportunities for learning with unlimited access to internal and external learning platforms and sponsored certificates aligned with business needs and technology trends

πŸš€ Challenging and innovating environment where personal development and growth are encouraged, always with transparency and trust

? Diverse culture and active communities that enable you to bring yourself to work

πŸŽ‰ Team Building and Corporate Social Responsibility Activities

πŸƒ A buddy to support you with your onboarding

🌴 Extra days of annual leave

βš• Private medical health insurance plan

πŸ’³ Ticket restaurant card

? Exclusive Discounts to several retail providers, restaurants and others

πŸ“± Mobile phone

🍏 Fresh fruits and unlimited coffee everyday at our offices

Sounds like the sort of role for you? Apply now.

Location: Thessaloniki