8/12/26

Apply now

• Start applying with LinkedIn
• Apply Now


Start


• Please wait...

Job Type: Permanent Work Model: Hybrid Reference code: 134470 Primary Location: Toronto, ON All Available Locations: Toronto, ON

--

Would you like to further develop your career with our exponentially expanding Financial Engineering and Modeling group? Are you up for the challenge to help the most sophisticated Canadian and international clients to solve their quantitative and modelling issues?

What will your typical day look like?

In this role you will help Banking and Finance clients by developing, validating, or reviewing Capital Markets and Market Risk models (e.g., Financial Derivatives Pricing, VaR/ES, Counterparty Credit Risk, xVAs, FRTB, CDOR Transition and CCAR models) based on industry best practices. You may also be able to work in other quantitative and analytical areas such as credit modeling, forecasting and stress testing, customer behavior modeling.

About the team

Deloitte's Risk, Regulatory & 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 & 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:

• 5-15 years of relevant experience spent within Capital Markets and/or Market Risk, on a model development or model validation/vetting team at a major financial institution.
• Strong academic background with a PhD or Master's Degree in Mathematical Finance, Financial Engineering, or another relevant post-graduate degree (Engineering, Mathematics, Physics, Statistics).
• Solid understanding and hands-on experiences of financial products (e.g., options, swaps, etc.) and their modeling and calibration including numerically solving PDEs, employing binomial trees, and using Monte Carlo methods across a wide range of products, including interest rate, foreign exchange, equity, commodity, and credit derivatives.
• Strong programming skills (e.g., Python, MATLAB, Visual Basic, C++, C#).
• Strong verbal and written communication skills.
• Experience in people management and strong time management skills.
• Solid knowledge of quantitative methodologies in market risks (e.g., VaR, FRTB, CCR, XVA, etc.) and Economic Capital is required.

Total Rewards

The salary range for this position is between $101,000 - $169,000 (Manager) and $126,000 - $234,000 (Senior Manager), and individuals may be eligible to participate in our bonus program. Deloitte is fair and competitive when it comes to the salaries of our people. We regularly benchmark across a variety of positions, industries, sectors, targets, and levels. Our approach is grounded on recognizing people's unique strengths and contributions and rewarding the value that they deliver.

Our Total Rewards Package extends well beyond traditional compensation and benefit programs and is designed to recognize employee contributions, encourage personal wellness, and support firm growth. Along with a competitive base salary and variable pay opportunities, we offer a wide array of initiatives that differentiate us as a people-first organization. On top of our regular paid vacation days, some examples include: $4,000 per year for mental health support benefits, a $1,300 flexible benefit spending account, firm-wide closures known as "Deloitte Days", dedicated days of for learning (known as Development and Innovation Days), flexible work arrangements and a hybrid work structure.