Date:
8 Jun 2026
Location:
Sydney, NSW, AU
Melbourne, VIC, AU
Department:
Audit and Assurance
Description:
Job Requisition ID: 40476
We value in-person connection with our teams and clients, with flexibility to balance work and life
Mentoring programs – receive support and coaching to progress your career
Recognition culture to celebrate milestones and discounts at hundreds of retailers
You've started building your career in credit risk or quantitative modelling and you're ready for the next step. This is your opportunity to accelerate your technical development, work across multiple financial institutions, and learn from some of the best in the field.
About the team
Our Credit Risk and Quantitative Modelling team is an established and respected part of Deloitte's assurance practice, and we're growing. We work with a range of financial institutions, primarily banks and non-bank lenders, on complex quantitative credit risk model development, validation, and monitoring. We also help clients understand and respond to upcoming regulatory and accounting changes, particularly where those changes affect their credit risk models.
This is a newly created role, which means you'll be joining at a point where you can genuinely grow with the team as it scales. You'll have experienced modellers and senior team members around you who are invested in your development, combined with the variety and exposure that consulting offers early in your career.
We pride ourselves on our people-centred culture, our client-focused approach, and our willingness to think differently. We don't just help our clients meet their obligations. We help them get genuine business value from the work.
What will your typical day look like?
You'll be getting stuck into real modelling work from day one. This isn't a role where you'll spend months on the sidelines. You'll be contributing to live client engagements while building the technical and professional skills that will set the foundation for your career.
On any given day, you might be:
Supporting the development, review, or validation of credit risk models (PD, LGD, EAD) for IFRS9 or Regulatory Capital purposes
Running data analysis and preparing model documentation for client deliverables
Assisting with stress testing engagements, including emerging areas like climate-related credit modelling
Researching regulatory and accounting changes and helping assess their impact on client models
Writing code in SAS, SQL, R, Python, or similar tools to support model builds and validation testing
Working closely with senior team members across multiple projects, learning how to manage client relationships and deliverables
Presenting your findings and analysis to the broader team and, over time, directly to clients
You won't be limited to one type of work or one client. The variety you'll get in consulting at this stage of your career is hard to replicate anywhere else.
Enough about us, let's talk about you.
You're quantitatively sharp, eager to learn, and excited by the idea of applying your academic or early career skills to real problems in financial services. You don't need to have all the answers yet, but you're the kind of person who asks good questions, takes ownership of your work, and wants to keep getting better.
You may have all or some of the following skills/experiences:
Relevant degree in statistics, actuarial science, engineering, mathematics, or a related quantitative field. Postgraduate qualifications are desirable
1 to 2 years of experience in credit risk, quantitative modelling, or a related analytical role within a consulting firm, bank, or financial institution
Some exposure to credit risk models such as PD, LGD, or EAD models, whether through work experience, university projects, or internships
Foundational understanding of the regulatory and IFRS landscape as it relates to financial services, or a strong willingness to learn
Interest in stress testing , climate risk modelling, or emerging areas within credit risk
Working knowledge of one or more of the following: SAS, SQL, VBA, R, Python, or C++
Strong analytical and problem-solving skills with attention to detail
Clear communication skills , both written and verbal. You can explain technical concepts without losing your audience
A team-oriented mindset. You're collaborative, open to feedback, and willing to pitch in where needed
Curiosity about machine learning, NLP, or AI techniques is a bonus but not expected at this level
Why Deloitte?
At Deloitte, we focus our energy on interesting and impactful work. We’re always learning, innovating and setting the standard; making a positive difference to our clients and our society. We put coaching at the heart of what we do, helping our people grow their careers in any direction – whether it be up, moving into something new, or even moving across the world.
We embrace diversity, equity and inclusion. We have a diverse collection of people from different backgrounds, with different experiences, gender identities, abilities and thinking styles. What binds us together is a shared commitment to value everyone’s perspective and to cultivate inclusion; so that our work environment is a safe space we can all belong.
We value in-person connection with our clients and our colleagues. We offer several ways for you to work flexibly so that you can serve your clients, stay connected with your team, and manage your personal priorities.
We help you live and work well. To support your personal and professional life, we offer a range of perks and benefits , including retail discounts, wellbeing leave, paid volunteering days, twelve flexible working options, market-leading parental leave and return to work support package.
