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Financial Risk Manager

LinkedIn Deloitte Baltimore, MD
Not Applicable Posted May 3, 2026 5 variants Job link
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Requirements
  • 7+ years of experience in the financial services or consulting industry, supporting one or more of financial risk/related areas: Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing
  • Knowledge of financial services business models, products, and services
  • Experience in banking, digital assets, or capital markets is desirable
  • Strong relationship management skills, particularly the ability to build constructive and productive working relationships with clients and among Deloitte practitioners
  • Experience with business transformation, regulatory remediation or change management initiatives as a result of strategic, regulatory, risk-related, technological, or operational evolutions
  • Understanding of business processes, regulatory requirements, technology and governance for financial institutions
  • Strong project / program management skills, particularly possessing a strong work ethic, a commitment to excellence in work product delivery, and the ability to independently manage multiple priorities and deadlines
  • Strong oral and written communication skills, including the ability to lead business proposal development and sales presentations
  • Ability to travel up to 50%, based on the work you do and the clients and industries/sectors you serve
  • Limited immigration sponsorship may be available
  • Advanced proficiency in Microsoft Office (PowerPoint, Excel, Visio) Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html
Preferred Skills
  • Advanced degree and/or certification (e.g., Quant MS, MBA, FRM, CFA, CRCM, CPA, PMP).
  • Expertise in one or more Financial Risk domains:
  • Credit Risk: Underwriting and portfolio credit risk across products (e.g., PD/LGD/EAD modeling support, credit policy/scorecards, risk rating systems, credit review/QA, allowance/CECL support, concentration/limit monitoring, early warning & remediation).
  • Liquidity Risk: Treasury liquidity risk management and reporting (e.g., liquidity stress testing (LST), Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), FR 2052a, contingency funding plans, intraday liquidity, collateral & cash management, asset-liability management (ALM)).
  • Market Risk: Market and interest rate risk management practices (e.g., interest rate risk in the banking book (IRRBB) measurement, sensitivities/scenario analysis, model validation support, limit frameworks, capital markets product exposure understanding, controls and governance).
  • Capital Management / Stress Testing: Capital planning and enterprise stress testing execution (e.g., scenario design support, model methodology governance, results aggregation, capital actions analysis, documentation and control testing, linkage to balance sheet and risk appetite, climate stress testing considerations).
  • Strong understanding of end-to-end banking products/operations (deposits, cards, lending, underwriting; credit products and servicing).
  • Subject matter expertise in one or more financial services areas (Retail, Commercial, Transaction, Wholesale, Cards & Payments, Wealth/Investment Mgmt, Capital Markets, Real Estate, FinTech/PE).
  • Prior experience in risk management role or at a U.S. banking regulator.
  • Familiarity with key regulatory initiatives and supervisory ecosystem (e.g., Dodd-Frank; FRB/Fed, OCC, CFTC), plus strong grasp of associated models, data, processes, and controls.
  • Hands-on ability to analyze/model data using common languages/tools (Python, R, SAS, SQL).
  • Experience supporting or implementing systems (trading, operations, lending, core banking, compliance, risk/case management, or data management)
  • Familiarity with topics such as process design or mapping, workflow development, data management or migration, or analytics/visualization
  • Experience with user acceptance testing, system configuration, monitoring, or issue resolution
  • Ability to translate risk or regulatory requirements into actionable user stories or business needs
Education
  • (Not required) – Bachelor's degree in Finance, Economics, Business, Statistics, Mathematics, or related field
  • (Not required) – Advanced degree and/or certification (e.g., Quant MS, MBA, FRM, CFA, CRCM, CPA, PMP).