Job Type:Permanent Work Model:Hybrid Reference code:129633 Primary Location:Toronto, ON All Available Locations:Toronto, ON Our Purpose At Deloitte, our Purpose is to make an impact that matters. We exist to inspire and help our people, organizations, communities, and countries to thrive by building a better future. Our work underpins a prosperous society where people can find meaning and opportunity. It builds consumer and business confidence, empowers organizations to find imaginative ways of deploying capital, enables fair, trusted, and functioning social and economic institutions, and allows our friends, families, and communities to enjoy the quality of life that comes with a sustainable future. And as the largest 100 Canadian:owned and operated professional services firm in our country, we are proud to work alongside our clients to make a positive impact for all Canadians. By living our Purpose, we will make an impact that matters. :Have many careers in one Firm. :Enjoy flexible, proactive, and practical benefits that foster a culture of well:being and connectedness. :Learn from deep subject matter experts through mentoring and on the job coaching :: What will your typical day look like? In this role you will help financial services industry (FSI) clients face quantitative issues with informed confidence. Using your deep technical skills and leveraging our global network of experts, you'll provide professional advice to our FSI clients in a wide range of situations. The result? Our clients will be better placed to take control and receive the best solutions to their complex challenges. You will conduct a comprehensive quantitative audit to identify risks, ensure compliance, and evaluate the effectiveness of a client's Model Risk Management Framework (MRMF). This encompasses a thorough review of models, policies and procedures, risk reporting assessment and reporting practices. The responsibilities of the incumbent include: (i) confirming the existence of effective and sustainable processes and controls, (ii) assessing adherence to policy requirements, (iii) presenting audit findings to senior management, and, (iv) preparing detailed audit reports that include a concise summary of key results and conclusions, identification of root causes of significant weaknesses, the audit scope and objectives, and any recommendations along with the potential benefits. Further, the incumbent is generally expected to be well:acquainted with the requirements of internal audit reports. These reports should discuss audit issues from the following perspectives: Established criteria, existing problems, root causes of any noted problem, existing or potential impact of these problem, and recommendations for corrective actions. About the team Deloitte's Risk, Regulatory and Forensics practice delivers highly specialized advisory solutions for companies facing critical business events where significant value is at stake, in every phase of the economic cycle. Our work is often high profile, high impact, and highly rewarding. If you're looking for a challenge and an opportunity to grow your career alongside the best and brightest in the industry, you'll find it in Risk, Regulatory and Forensics at Deloitte. Broaden your skills. Broaden your reach. Broaden your career. It's all possible at Deloitte. Enough about us, let's talk about you You are someone with: :Minimum 3:5 years of relevant experience in quantitative auditing, risk assessment including model risk management framework, and data analysis. :Solid academic background with a graduate degree in a quantitative discipline such as a PhD or master's degree in financial engineering, statistics, financial mathematics, econometrics, or a related postgraduate field. :Strong verbal and written communication skills. :Adequate knowledge of capital markets, financial instruments, and regulatory r