Deloitte Valuation Senior, Credit Specialist in Costa Mesa, California
The Valuation & Analytics ("V&A") team is looking for a Senior Consultant to join its team. This team provides valuation and analytical services related to financial instruments for Deloitte's clients in North America and worldwide. The Senior Consultant assists audit teams with evaluating the appropriateness of the methodology and the reasonableness of the assumptions used by the client's management in estimating allowance for loan losses and may also be involved in consulting services related to quantitative analytics.
Work you'll do
The V&A service area is comprised of practitioners with skills related to the understanding and application of technical accounting standards, financial reporting, valuation techniques and methodologies for derivatives, financial instruments, and other investment products, forward price curve development methodologies, quantitative risk assessment and forecasting models, structured finance transactions, cash flow modeling, data integrity, data modeling, statistical sampling, capital markets transaction support and due diligence. In addition, with experience and training in the audit approach and testing procedures, many V&A professionals provide subject matter assistance to audit engagement teams.
Sample responsibilities may include:
Evaluating whether a client's Allowance for Credit Losses (ACL) methodology is reasonable and consistent with Generally Accepted Accounting Principles (GAAP) accounting
Analyzing code (SAS, Python, R, etc.) to determine whether models are implemented as described in model development documentation
Preparing audit documentation of model methodology reviews
Developing new tools and improving processes with the goal of increasing efficiencies (automation)
Building and executing data analytics to support audit objectives, using tool such as SAS, R, SQL, ACL, Tableau, Power BI, Python, Visual Basic and others
Collaborating with audit teams across companies of all sizes and across multiple industries
Building and managing relationships and communications with audit team members
Presenting complex information in an understandable manner
You'll have the opportunity to gain valuable hands-on experience working alongside leading professionals across diverse industries while building your professional skills in a variety of valuation and analytical techniques.
Our audits are fueled by more than just technology - what sets us apart are our insightful professionals, collaborative culture, and commitment to innovation and continuous improvement. Our audit professionals apply a streamlined, intelligent approach to the audit, enabled by innovative tools and technologies. Quality is our top priority, and by focusing on innovation, we continue to raise the bar on quality and deliver greater value to our clients. Learn more about Deloitte Audit.
Bachelor's or Master's degree in accounting, finance, information systems, statistics, business analytics, math, economics, industrial & operations engineering, computer engineering, decision sciences or data sciences or related field with relevant coursework.
3 to 8 years professional experience.
Strong academic track record (minimum GPA of 3.0).
Relevant work experience (i.e. internships, full-time).
Familiarity with financial accounting standards (GAAP) is a plus.
Familiarity with analytical and visualization software packages/tools/languages (i.e. SAS, R, SQL, ACL, Tableau, Power BI, Python, Visual Basic).
Experience with managing large data sets is a plus.
Experience with Asset Liability Management (ALM) or Counterparty Valuation Adjustment (CVA) is a plus.
Experience with wholesale/retail credit models (i.e. PD/LGD/ALLL), interest rate risk, counterparty credit risk, and/or operational risk models is a plus.
Experience with SPAN/clearing/margin models is a plus.
Experience with economic capital models is a plus.
Experience with insurance/actuarial models is a plus.
Candidate needs to be comfortable providing technical assistance and financial modeling expertise to non-technical clients and internal teams.
Strong verbal and written communication skills.
Travel up to 10% may be required.
Limited immigration sponsorship may be available.
How You'll Grow
At Deloitte, you'll have the opportunity to gain hands-on experience that goes beyond classroom theory. Through your variety of experiences at Deloitte, you will have the opportunity to develop analytical, communication, and leadership skills that can help you achieve your full potential. You will be continually challenged by your clients, your team members, and your peers. Along the way, you will have access to mentoring, counseling, and training opportunities to help foster and accelerate your development of new skills and capabilities. You'll work closely with other analytics professionals, get meaningful development feedback, and see what it's like to work in your field of interest first-hand. Join us, and meet other bright students and recent graduates who share similar interests and goals.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.