Model Validation Consultant

Regulatory & Financial Risk - Consultant - Model Validation

Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform their organizations.

Join our team and use advanced data, AI, and emerging technologies with industry insights to help clients bring clarity from complexity and accelerate their path to value creation.

Work you'll do

As a Model Validation Consultant within Regulatory & Financial Risk, you will support model validation work for AI, Generative AI (GenAI), and Agentic AI solutions across client engagements.

You will execute validation activities, contribute to documentation and testing, and help teams assess model risk management practices and responsible AI deployment across industries such as Financial Services, Life Sciences, and Technology, Media, and Telecom.

Responsibilities include



* Support end-to-end validation of AI, GenAI, and Agentic AI solutions, from initial review of objectives and data through production readiness and ongoing monitoring.


* Execute fit-for-purpose validation plans, including testing, documentation, and traceability requirements aligned to broader AI risk management processes.


* Assess model design choices, data suitability, assumptions, limitations, and intended use through structured review and testing.


* Evaluate model performance and stability using appropriate methods such as benchmarking, back-testing where applicable, sensitivity testing, stress testing, error analysis, and scenario-based evaluation.


* Support validation of GenAI and Agentic AI behaviors and controls, including response quality evaluation, hallucination and grounding checks for retrieval-augmented generation (RAG), prompt and tool-use testing, guardrails, escalation paths, and audit logging.


* Assess trustworthiness considerations and document observations related to bias and fairness, explainability, robustness, privacy, security, and operational controls.


* Contribute to automated processes for model validation, monitoring, and reporting, including test harnesses, evaluation pipelines, and documentation templates.


* Contribute to project workplans by tracking tasks, identifying risks, and supporting timely delivery of assigned work.


* Prepare clear summaries of validation findings and support development of materials for client stakeholders.


* Collaborate with specialists across Deloitte to strengthen validation approaches and stay current on emerging AI methodologies.

Qualifications

Required:



* Undergraduate degree in Computer Science, Data Science, Artificial Intelligence, Applied Mathematics, or a related field


* 2+ years of experience using Python to develop, test, and maintain code


* 2+ years of experience working with Generative AI frameworks and components such as Hugging Face, OpenAI APIs, Llama models, Gemi...