Manager | Market Risk Quant | Chennai | Regulatory

Job requisition ID :: 93368

Date: Nov 27, 2025

Location: Chennai

Designation: Manager

Entity: Deloitte Touche Tohmatsu India LLP

Your potential, unleashed.

India's impact on the global economy has increased at an exponential rate and Deloitte presents an opportunity to unleash and realise your potential amongst cutting edge leaders, and organisations shaping the future of the region, and indeed, the world beyond.

At Deloitte, your whole self to work, every day. Combine that with our drive to propel with purpose and you have the perfect playground to collaborate, innovate, grow, and make an impact that matters.

The team

Assurance is about much more than just the numbers. It's about attesting to accomplishments and challenges and helping to assure strong foundations for future aspirations. Deloitte exemplifies the what, how, and why of change so you're always ready to act ahead. Learn more about Audit & Assurance Practice

Your work profile

As a Manager in our SRT Team you'll build and nurture positive working relationships with teams and clients with the intention to exceed client expectations: -

Python Development:

• Proficient in Python, with strong knowledge of design patterns and both object-oriented and functional programming paradigms.
• Hands-on experience with modern IDEs such as VS Code, PyCharm, and tools like CoPilot or Cursor for efficient development and testing.
• Familiarity with searching and sorting algorithms, with the ability to apply them effectively in problem-solving.
• Experience working with multi-module and package-based project structures.
• Strong expertise in unit testing frameworks such as pytest and unittest, with a focus on writing robust and maintainable test cases.
• Proficient in managing virtual environments using tools like venv, conda, or pyenv to ensure isolated and reproducible development setups.

Big Data & Data Engineering:

• Proficient in extracting, transforming, and processing data from Teradata. (highly recommended)
• Strong SQL skills for querying, data manipulation, and optimization.
• Familiarity with the Hadoop ecosystem and its components, enabling efficient handling of large-scale data processing tasks.
• Hands-on experience with Apache Spark, with a preference for PySpark. (highly recommended)

Good to Have:

• Basic understanding of machine learning concepts and their applications.
• Exposure to XGBoost or similar ML frameworks.
• Experience with modeling techniques, including basic regression or classification tasks.

Desired qualifications

Educational Background: Bachelor's/master's in related fields

Location and way of working

• Base location: Chennai
• Hybrid is our default way of working. Each domain has customised the hybrid approach to their unique needs.

Your role as a Manager

We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society.

In addition to living our purpose, Manager across our organization must strive to be:

• Model Lifecycle Responsibility: Experience with either model development or model validation activities, ensuring robust model design, accurate performance assessment, and compliance with risk management frameworks and regulatory standards.
• Model Development: Responsible for designing, building, and maintaining quantitative models across various domains including business forecasting, pricing, risk assessment models, AML etc. Work spans multiple asset classes and business lines, leveraging advanced mathematical techniques such as stochastic processes, optimization, and statistical inference to address complex modelling challenges.
• Model Validation: The specialist will be responsible for the independent quantitative review and rigorous challenge of all models across domains. This involves verifying conceptual soundness, assessing model assumptions, and evaluating implementation accuracy. Key activities include statistical performance testing, scenario analysis, sensitivity testing, and back-testing to ensure models meet defined risk coverage objectives and adhere to internal model risk management frameworks and regulatory expectations, while maintaining computational and operational viability.
• Ongoing Monitoring Review: Responsible for periodically substantiating the ongoing fitness of models in accordance with a model's approved Ongoing Monitoring Plan ("OMP"). Assess model changes, model limitations, assumptions, process verification and outcomes analysis for each model. Identify trends in key metrics and provide critical analysis of model performance with respect to metric thresholds; identify threshold breaches and review documented remediation plans.

How you'll grow

Connect for impact

Our exceptional team of professionals across the globe are solving some of the world's most complex business problems, as well as directly supporting our communities, the planet, and each other. Know more in our Global Impact Report and our India Impact Report.

Empower to lead

You can be a leader irrespective of your career level. Our colleagues are characterised by their ability to inspire, support, and provide opportunities for people to deliver their best and grow both as professionals and human beings. Know more about Deloitte and our One Young World partnership.

Inclusion for all

At Deloitte, people are valued and respected for who they are and are trusted to add value to their clients, teams and communities in a way that reflects their own unique capabilities. Know more about everyday steps that you can take to be more inclusive. At Deloitte, we believe in the unique skills, attitude and potential each and every one of us brings to the table to make an impact that matters.

Drive your career

At Deloitte, you are encouraged to take ownership of your career. We recognise there is no one size fits all career path, and global, cross-business mobility and up / re-skilling are all within the range of possibilities to shape a unique and fulfilling career. Know more about Life at Deloitte.

Everyone's welcome… entrust your happiness to us

Our workspaces and initiatives are geared towards your 360-degree happiness. This includes specific needs you may have in terms of accessibility, flexibility, safety and security, and caregiving. Here's a glimpse of things that are in store for you.

Interview tips

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