Consultant / Senior Consultant - Financial Risk Management - Regulatory & Financial Risk - Hong Kong

About The Business Deloitte's Regulatory & Financial Risk practice helps financial institutions strengthen their risk management capabilities, navigate regulatory change, and enhance governance, capital, and risk frameworks. Our Financial Risk Management team advises banks, virtual banks, securities firms, asset managers, insurers, and fintechs on a broad range of risk and regulatory matters, including credit risk, treasury risk, asset liability management (ALM), capital management, market risk, counterparty credit risk, liquidity risk, stress testing, ICAAP, recovery and resolution planning, and regulatory compliance. We are seeking high-performing professionals with experience across financial risk and prudential risk management disciplines who are interested in helping clients address complex business, risk, and regulatory challenges.

What We Offer
• Opportunities to work with leading financial institutions across Hong Kong, Mainland China, and the Asia-Pacific region.
• Exposure to strategic risk, regulatory, and transformation engagements.
• A collaborative environment working alongside specialists in risk, regulatory, finance, data, and technology disciplines.
• Continuous learning, professional development, and career growth opportunities within Deloitte's Financial Services Risk Advisory practice. Join Deloitte and help clients strengthen their financial risk management capabilities, navigate regulatory changes, and build resilient risk management frameworks in an increasingly complex financial environment. Work you'll do Financial Risk Advisory
• Advise clients on the design, enhancement, and implementation of financial risk management frameworks, policies, governance structures, and operating models.
• Conduct reviews and gap assessments of risk management practices against regulatory requirements and industry leading practices.
• Support clients in strengthening risk governance, risk appetite frameworks, management reporting, and control environments.
• Assist clients in responding to regulatory developments, supervisory reviews, and remediation programs.
• Areas of focus may include
• Credit Risk, Capital & Prudential Risk Management: risk management, wholesale and retail credit risk framework and modelling, risk-weighted asset (RWA) calculation, capital adequacy framework, and regulatory capital reporting
• Market & Counterparty Credit Risk: market risk, counterparty credit risk (CCR), collateral management, margining, exposure measurement and valuation controls etc.
• Treasury & Balance Sheet Risk Management: treasury governance, asset liability
- management (ALM), liquidity risk, funding risk, interest rate risk in the banking book (IRRBB), funds transfer pricing (FTP) framework, etc.
• Broader Risk Management: recovery planning, resolution planning and resolvability assessments; climate risk management and stress testing; risk related system advisory and implementation support. Project Delivery & Business Development
• Manage project workstreams and deliver high-quality outputs within agreed timelines and budgets.
• Prepare proposals, reports, presentations, and client deliverables.
• Build and maintain effective client relationships across risk, treasury, finance, compliance, and business functions.
• Contribute to business development initiatives and support the growth of Deloitte's Financial Risk Management practice. During your tenure with us, you will demonstrate and develop your leadership and professional capabilities in the following areas: Inspiring, Creating purpose, Driving agility, Building diverse capability, Influencing, Collaborating, Delivering value, Building the business, Analytical acumen, Effective communication, Engagement management/delivery excellence, Managing change, Managing quality & risk, Sales excellence, Strategic thinking and problem solving, and Tech savviness. We are looking for someone with
• Bachelor's degree in Finance, Economics, Accounting, Mathematics, Statistics, Engineering, Risk Management, or related discipline.
• Minimum 3 years of relevant experience from Financial Risk Advisory / Financial Institutions / Regulatory Authorities or Supervisory Bodies, in one or more of the following areas:
• Credit Risk Management
• RWA and Regulatory Capital Frameworks
• ICAAP, Capital Planning, and Stress Testing
• Treasury Risk and ALM
• Liquidity Risk and IRRBB
• Market Risk Management
• Counterparty Credit Risk (CCR), Collateral Management, and XVA
• Recovery & Resolution Planning
• Risk Analytics, Modelling, Reporting and Quantitative Assessment
• Strong understanding of financial services risk management frameworks and regulatory expectations, such HKMA and SFC requirements and Basel frameworks.
• Strong analytical and problem-solving skills.
• Excellent communication and stakeholder management skills.
• Ability and willingness to work independently and collaboratively in a fast-paced environment.
• Ideal to have professional qualifications such as CFA, FRM, PRM, CPA, or equivalent.
• Native language skills in both English and Chinese will be an advantage. Shape your future through impact that matters For more than 100 years of history, Deloitte witnessed also had the honor to be part of the economic boom in China by providing industry-leading audit & assurance, consulting, risk advisory, financial advisory, tax & business advisory services to nearly 90% of the Fortune Global 500 Chinese companies and thousands of private companies. Deloitte China today carries on our centenary professionalism and strives to become the undisputed leader in professional services in China with strong responsibility and capabilities in digitalization and multidisciplinary services. Deloitte has been named China's Top Employer since 2006, Universum's Most Attractive Employer in China since 2008, and the Best Workplaces in Greater China since 2019. All qualified applicants will receive consideration for employment regardless of their background, experience, identity, ability or thinking style, and if you need assistance during the application process for accessibility reasons this is available upon request. The preferred candidate will be subject to background screening by Deloitte China or by their external third-party provider. Accessibility assistance If you need assistance or an accommodation during the recruitment process for accessibility reasons, there will be an opportunity for you to let us know what you need once you begin your application. Ready to take on new challenges? Apply now Stay connected for the latest career opportunities, follow us on Deloitte China Social Media.