About Deloitte

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the “Deloitte organization”) serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 312,000 people 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.

What impact will you make?

Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Deloitte is where you’ll find unrivalled opportunities to succeed and realize your full potential.

To support service / business area leadership in the implementation of strategic plan through the effective management of team/s.

Key Responsibilities

• Building and reviewing derivative valuation models.
• Take initiative in identifying and implementing process improvement where required.
• Problem solving.
• Issue resolution: technical (quantitative) and engagement related queries.
• Knowledge sharing and team guidance.
• Manage and oversee client relationships, fees and budgets.
• Responsible for managing client delivery teams and overseeing their work.
• Communicate upward and downward feedback on technical matters around IFRS or derivative valuations.
• Assist in growing the profitability of the team and service offering.
• Mentor and coach junior staff.
• Project management on multiple clients across multiple industries with a focus on banking.
• Research relevant industry topics.

• Degree qualified in either Mathematics/ Statistics/ Actuarial

Skills and Experience Required

• At least 2- 4 years of practical experience and knowledge of the financial markets, with knowledge of the application of mathematics of finance.
• Experience in Matlab an advantage.
• Experience in VBA an advantage.
• Strong MS Excel skills.
• MS Word.
• MS PowerPoint.
• Good knowledge of accounting standards an advantage.

 Key Competencies required:

• Practical knowledge and experience with pricing of vanilla and exotic derivative instruments in a risk neutral framework is required.
• Understanding and practical computational experience of of CVA, DVA, FVA and other xVAs where relevant is required.
• Pricing of equity options falling within the ambient of BEE and share scheme transactions (IFRS 2).

Why Deloitte?

At Deloitte, we create positively differentiated work experiences that enable our people to feel valued and achieve their full potential. Deloitte Africa opens the door to a career that can cross borders virtually and physically across the African continent and globally to gain experience and access projects beyond our borders. We value difference, and embrace people with diverse backgrounds, experiences, gender identities, abilities and thinking styles. Knowing that people work best in a variety of ways, we are happy to discuss alternative arrangements if the working pattern you are looking for is not specifically indicated.

Your role as a leader

At Deloitte we believe in the importance of leadership at all levels. We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society and make an impact that matters.

In addition to living our purpose, you will be expected to:

• Contribute to a high-performing team.
• Deliver exceptional client service; maximize results and drive high performance while fostering collaboration across businesses and borders.
• Influence clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people.
• Understand key objectives for clients and Deloitte; align people to objectives and set priorities and direction.

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.