Advisory Senior Consultant

Deloitte & Touche LLP seeks a Advisory Senior Consultant in New York, NY.

Work You'll Do

Advisory Senior Consultant in Analytics to compile and analyze data. Perform valuation of structured finance products using FAS 133 and FASB 157 fair value guidelines. Model cash flows for securitized transactions containing wide variety of underlying asset classes. Understand clients' business environment and basic risk management approaches. Demonstrate general knowledge of market trends and competitor activities, products, and service lines. Participate in decision making with engagement management and seek to understand broader impact of current decisions. Build and nurture strong client relationships. Apply technical accounting standards, financial reporting, valuation techniques and methodologies for derivatives, 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.

#LI-DNI

Requirements

  • Bachelor's (or higher) degree in Accounting, Finance, Economics, Business Administration, or related field (willing to accept foreign education equivalent).
  • Two years of model validation and financial instrument valuation experience.
  • Experience must include two years of:
  • Performing model validation tailored to Model Risk Management regulatory guidance (OCC2011-12/SR 11-7), validating a wide range of models including bank credit rating model, loan collateral haircut(LCH) model, wholesale/retail credit models (PD/LGD/ALLL), interest rate models, VaR models, hazard rate model, and CCAR/DFAST Stress Testing (including component models for default forecasting, PPNR forecasting, and operational risk models);
  • Developing PPNR forecasting models for multiple business lines within a financial institution using macroeconomic variables as predictors, preparing base and stressed projections of balance sheets and income statement for both internal and supervisory scenarios, peer reviewing and improving model documentation for models such as PPNR, NIR/NIX, Loan Spreads, and drafting FR Y-14A reports for CCAR submission;
  • Developing models in VBA to price derivatives, including swaps, swaptions, caps/floors, forwards, options, warrants and credit default swaps using Binomial Tree and Monte Carlo Simulation, and calibrating implied volatility based on LIBOR data using Hull-White model;
  • Performing model replication and building challenging models using Excel, SAS, and R;
  • Conducting full modeling lifecycle, including model framework design, data collection and reconciliation, time series analysis, model estimation/development, assumption testing, back-testing, benchmarking, sensitivity analysis, stress scenario testing, implementation and documentation;
  • Conducting fair value estimation for complex financial instruments including loan pools, MBS, ABS, CLOs and other fixed income derivatives, and utilizing quantitative analysis technical tools and techniques, including Bloomberg, Intex, FinCAD, and SuperDerivatives;
  • Performing fair lending analysis with respect to the application of ECOA, TILA, and HMDA, and conducting statistical analysis to examine potential discrimination; and
  • Automating loan testing templates and database using databases management tools, including SQL, Excel Macros and Access.
  • Position requires approximately 20% travel.

Benefits

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.

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.

Corporate citizenship

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.

Recruiter tips

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.

Requisition code: XSFH18FA0717NYC5


See Inside the Office of Deloitte

One of the largest professional services organizations in the U.S., Deloitte delivers innovative solutions to the complex business problems facing companies around the world. Deloitte offers rewarding careers in four businesses—audit, tax, consulting, and financial advisory. Widely recognized for its inclusion initiatives, Deloitte is committed to building a workplace environment that allows people from all generations, ethnicities, and cultures to be their authentic selves.


Back to top