Deloitte Advisory Senior Consultant in Jersey City, New Jersey
Deloitte & Touche LLP seeksa Advisory Senior Consultantin Jersey City, NJ.
Work You ll Do
Support clients throughout decision making processes; process and analyze data and seek to understand the business meaning through the data trends; perform valuation of fixed income and derivatives products following FASB fair value guidelines; help to identify and evaluate significant issues in financial models; evaluate and implement remediation controls that mitigate risks; provide advice and support through advanced modeling and rigorous analytics on a broad range of engagements using outstanding technical skills and business experience on financial modeling practice; understand clients' business environment and basic risk management approaches; demonstrate knowledge of market trends and competitor activities, products, and service lines; assist in preparing project plans and weekly status reports; deliver services that meet task leader specifications; contribute to a strong client relationship through interactions with client personnel. Will commute within the Jersey City, NJ area to consult with clients concerning the above job duties.
Bachelor's (or higher) degree in Accounting, Finance, Economics, Business Administration, Risk Management, or related field (willing to accept foreign education equivalent).
Eighteen months of derivative valuation and model validation experience.
Experience must include eighteen months of:
Performing independent validation process in accordance with SR11-7 guidelines on various financial models, including credit risk models and pricing models;
Implementing SAS, R and Python scripts to test financial models for model soundness and projection performance;
Assisting with model validation on wholesale credit loss forecasting models for global investments banks in the LGD component;
Utilizing Excel-based valuation tool to build pricing models for a variety of bonds and swaps;
Generating comprehensive assessment reports for various financial models to ensure compliance with federal regulations;
Communicating with clients regarding model performance and recommending remediation solutions to address model limitations;
Performing fair value estimation of various financial instruments, including fixed income products and derivatives; and
Performing model validation on market risk capital loss forecasting models and analyzing the models assumptions and methodologies in the PD and LGD components.
Less than 10% travel outside of normal commuting distance.
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you. at http://www2.deloitte.com/us/en/pages/careers/articles/life-at-deloitte-benefits-and-rewards.html
Deloitte s culture
Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.
Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with our clients, our people and our communities. We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. Learn more about Deloitte s impact on the world. at http://www2.deloitte.com/us/en/pages/careers/topics/recruiting-tips.html
We want job seekers exploring opportunities at Deloitte to feel prepared and confident. To help you with your interview, we suggest that you do your research: know some background about the organization and the business area you re applying to. We also suggest that you brush up on your behavioral and case interviewing skills and practice discussing your experience and job history with a family member, friend, or mentor. Check out recruiting tips from Deloitte professionals. at http://www2.deloitte.com/us/en/pages/careers/topics/recruiting-tips.html
Category: Accounting & Auditing
As used in this document, Deloitte means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. 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.