Director, Traded & Quantitative Risk, Financial Risk

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Job description

Connect to your Industry

Traded Quantitative Risk (TQR) is a team within Financial Risk that is a multidisciplinary group of technical experts based in London. The role offers an exciting opportunity to be at the forefront of Traded Risk management in leading financial institutions. As a Director, you will play a crucial role in supporting our clients' risk management strategies, ensuring compliance with evolving regulatory standards, and contributing to the overall stability, sustainability and growth of their business. You will have the chance to work with a diverse team of professionals, engage with senior stakeholders, and lead initiatives that enhance risk management. Your expertise in relevant regulatory frameworks (e.g. FRTB), Traded Risk Modelling, Model Risk Management, Model Governance and Risk Management will be highly valued as you help our clients navigate the complexities of Traded Risk.

Connect to your career at Deloitte

Deloitte drives progress. Using our vast range of expertise, we help our clients' become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.

What brings us all together at Deloitte? It's how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other , foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most .

Connect to your opportunity

• We are seeking a Director with strong demonstrable experience in Traded Risk (Market Risk and / or Counterparty Credit Risk) to join our dynamic team.
• As a Director in TQR, you will be responsible for the management and delivery of client projects / workstreams, including the management and development of junior team members. Additionally, there are opportunities to support internal business development activities and client relationship development.
• The role will require in-depth knowledge of relevant Traded Risk regulations, e.g., the Fundamental Review of the Trading Book (FRTB) and ability to work collaboratively across functions (Front Office, Risk, Methodology, IT) within financial institutions (e.g. investment banks).
• The role will involve effective management of Model Risk, and application of quantitative and qualitative analytical skills across both model development and validation.

Connect to your skills and professional experience

• Proven experience in Market Risk and / or Counterparty Credit Risk (or equivalent).
• Extensive experience with Traded Risk regulations (e.g. FRTB) and deep understanding of its requirements and implications.
• Strong quantitative skills with proficiency in Traded Risk modelling (e.g. VaR) and experience in model development and / or model validation.
• Strong leadership and team management abilities.
• Proven ability to work collaboratively across functions such as Front Office, Risk, Methodology, IT.
• Demonstrated experience in engagement with senior stakeholders and governance committees.
• Strong knowledge of Model Risk Management principles, regulations and effective model governance practices.
• Advanced knowledge of programming languages such as Python.

Connect to your business - Strategy, Risk & Transactions Advisory

In an ever-evolving world, there are no certainties in business. Our teams help clients to navigate risks, process major transactions and deliver transformational change that will future-proof their business. Join us to make a positive difference.

Regulatory & Financial Risk

We provide advisory services across the risk and regulatory landscape to help our clients move beyond simply meeting the minimum compliance standards, to strategically creating a responsible, sustainable future. This includes providing critical insight and advice on the future of regulation to assist our clients in anticipating change and responding with confidence.

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.

Connect with your colleagues

"At Deloitte you're surrounded by subject matter experts; industry experts, technology experts, and you can access that knowledge whenever you need to."

Christian, SR&TA

"We have a great culture, and the number of opportunities here mean you can develop as an individual in the direction that suits you best."

Gurpal, SR&TA

Our hybrid working policy

You'll be based in London with hybrid working.

At Deloitte we understand the importance of balancing your career alongside your home life. That's why we'll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you'll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You'll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.

Connect to your return to work opportunity

Are you looking to return to the workplace after an extended career break?

For this role we can offer coaching and support designed for returners to refresh your knowledge and skills, and help your transition back into the workplace after a career break of two years or more. If this is relevant for you, just let your recruiter know when you make your application.

Our commitment to you

Making an impact is more than just what we do: it's why we're here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before.

We want you. The true you. Your own strengths, perspective and personality. So we're nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we'll take your wellbeing seriously, too. Because it's only when you're comfortable and at your best that you can make the kind of impact you, and we, live for.

Your expertise is our capability, so we'll make sure it never stops growing. Whether it's from the complex work you do, or the people you collaborate with, you'll learn every day. Through world-class development, you'll gain invaluable technical and personal skills. Whatever your level, you'll learn how to lead.

Connect to your next step

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you'll experience a purpose you can believe in and an impact you can see. You'll be free to bring your true self to work every day. And you'll never stop growing, whatever your level .

Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careers

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