About Deloitte

Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. Our professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 175-plus year history, Deloitte spans more than 150 countries and territories. Learn how Deloitte’s approximately 415 000 people worldwide make an impact that matters at www.deloitte.com

About the Division

Financial Services Advisory (“FS Advisory”) is an established advisor within the financial services industry. Our vision is to be the leading provider of advisory services to financial services institutions and corporate treasury operations across Africa. Our service offering includes:

• Credit Risk
• Balance Sheet Management (Including Enterprise Risk Management, Stress-testing and Economic Value)
• Valuations
• Regulatory Advisory
• Regulatory Assurance
• IFRS Advisory
• Corporate Treasury
• FinTech

FS Advisory furthermore incorporate the service offering of Business Optimization Services, which focuses on enabling our service offerings listed above through enhancing our clients’ processes and data management frameworks within their organisations.

The FS Advisory team comprises a strong mix of business, risk and regulatory practitioners with a technical appreciation for both financial modelling and programming disciplines. In so doing, we are able to bring our clients practical solutions that look to address their end-to-end strategic and business model requirements.

Financial Services Advisory (FSA) is an established advisor within the financial services industry. Our vision is to be the leading provider of advisory services to financial services institutions and corporate treasury operations across Africa.

The FSA team comprises a strong mix of business, risk and regulatory practitioners with a technical appreciation for both financial modelling and programming disciplines. Through this, we are able to bring our clients practical solutions that look to address their end-to-end strategic and business model requirements.

Within FSA, this role will support the Valuations team:

Valuations

• Derivative Instrument Valuations
• Hedge Accounting Advisory
• IFRS 2: Share Options and BEE Valuations
• Tool / Model Development and Validation
• Counterparty Credit Risk (xVA) Valuations

About the Role

As an analyst, you will support the business area leadership in the implementation of strategic initiatives through the effective management of the team, and to provide key insight and guidance in quantitative modelling methodologies for valuations, risk, and strategic projects.

What We Offer

• Unrivalled learning opportunities. Because we perform consulting services, every project is different and every client is different, providing you with fresh challenges and the opportunity to expand your professional network.
• Exciting career growth prospects with remuneration to match the prospect of working closely with professionals who are leaders in their fields. The opportunity to explore less traditional actuarial fields and be involved in leading edge projects.
• Extensive exposure to a broad range of risk work, providing the opportunity to build and strengthen a broad range of risk management skills
• A large team of professionals to support business and professional growth and provide project resources.
• The international Deloitte network provides opportunities to travel and access to International best practice.

About You

Specific Responsibilities

• Assisting in the development, automation and validation of financial and risk models.
• Perform statistical analysis (e.g. clustering and segmentation).
• Perform numerical valuation techniques (e.g. derivatives and exotic structures) and constructing yield curves.
• Assisting in the creation of market leading solutions and thought leadership; building strong clients relationships and general problem solving.
• Reporting to the Manager who leads the team you are assigned to, but also reporting to the managers leading individual projects.

University Graduate with a Masters (MCom / MSc / MPhil) or Honours degree, specialising in any of the following relevant fields:

• MPhil
• MSc Quantitative Risk Management, Risk Analysis
• MSc Quantitative Risk Management
• BSc Honours Quantitative Risk Management
• BSc Honours Actuarial and Financial Mathematics
• BSc Honours Financial Engineering
• BSc Honours Quantitative Risk Management
• BSc Honours Financial Engineering

BSc Honours in:

• Advanced Maths of Finance or BSc (in Statistics or Mathematics)
• Actuarial Science;
• Applied Economics/Econometrics;
• Computer/Data Science/Analytics;
• Mechanical Engineering (or Electrical or Electronic);
• Mathematical Sciences/Statistics;
• (Applied/Financial) Mathematics;
• Physics;
• (Applied) Statistics;

Computer Literacy

• Experience in C#, Matlab, Python, R, SAS or VBA is an advantage.

What we are looking for

• Strong interpersonal and communication (written and oral) skills.
• Technical proficiency and an eagerness to expand skills and develop knowledge.
• The ability to thrive in a busy environment with multiple deliverables.
• The ability to interact in a team environment.
• The ability to find innovative solutions to complex and often unusual challenges.
• Flexibility i.e. the ability to adapt quickly to changing environments and changing requirements.

Please note that this job advertisement provides a summary of the capabilities required and all candidates shortlisted will receive a full list of capabilities.

At Deloitte, we want everyone to feel they can be themselves and to thrive at work—in every country, in everything we do, every day. We aim to create a workplace where everyone is treated fairly and with respect, including reasonable accommodation for persons with disabilities. We seek to create and leverage our diverse workforce to build an inclusive environment across the African continent.