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.

Our service offering includes: 

• Credit Risk
• Treasury, Capital and Liquidity Management
• Valuations
• Regulatory Advisory
• Regulatory Assurance.
• IFRS Advisory

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 will find unrivalled opportunities to succeed and realize your full potential.

Job Description

Main Purpose of Job

Develop and grow our Treasury services to Banks by delivering client projects, bringing practical experience to the team and building Deloitte’s eminence in this space. Such projects primarily cover:

• Liquidity risk, including our flagship liquidity stress simulation service offering, FTP, and regulatory aspects such as the LCR, NSFR and BA300 & BA310
• Interest rate risk in the banking book, including NII and EVE sensitivity, and CSRBB
• Capital management, including ICAAP
• Forecasting, stress testing and risk appetite
• Treasury best practices and controls

As regulations and market conditions continuously evolve in this space, this is a dynamic role that will offer and require consistent upskilling. The role also offers exposure to the Insurance and Corporate sector.

Required Qualifications

• CA (SA) or degree / honours / masters in Risk Management, Mathematics or Statistics
• CFA / FRM / PRM preferable
• Work experience in the treasury environment of a bank (Required)

Required Experience

• Minimum 3 years, preferably at least 5 years, in Treasury / Liquidity Risk roles that encompass responsibilities such as:
  • Understanding of financial instruments and how these are utilised by Banks for risk management purposes.
  • Understanding of pricing models and common risk metrics (sensitivities, stress tests, VaR, LCR, NSFR).
  • Liquidity risk management, funding, funds transfer pricing.
  • Governance and controls, policies and procedure documentation.

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

What you will do / Specialized Competencies

You will be primarily responsible for execution on client engagements and growing the business.

Key Performance areas

Strategic Impact

Implements our business strategy within area of responsibility including:

o   Revenue targets

o   Talent management

o   Communication to teams

o   Tracking of plans in engagements / projects 

• Actively identifies sales opportunities in broader market
• Preparation of proposals/tenders and presentations
• Participates in sales presentations and client negotiation teams for new and retained business
• Grows market network with key players and builds long-term relationships
• Builds relationships across Deloitte service lines for cross-selling opportunities and combined engagement pursuits
• Identifies innovative solutions on projects / engagements to enhance / renew service offerings to client
• Drives own client portfolio and profitable book of business

Client Impact: External / Internal

• Maintains high level oversight of client engagements / projects
• Forms appropriate judgements based on careful analysis to makes sound business decisions on engagements / projects
• Develops productive, credible and trusting relationships with key players and their teams during assignments / projects
• Builds a network of senior-level internal relationships across Deloitte to understand other business unit offerings and to market own area
• Establishes and maintains strong relationships with external business leaders across industries
• Contributes to thought leadership and shares knowledge and expertise with clients, colleagues and teams

Operational Effectiveness

• Manages engagement/project risk through supervision of completion of required documentation and processes as mandated by Risk & Independence, as well as risk to client confidentiality
• Leads / manages complex client engagements and maintains high level oversight of all engagements / projects within sphere of responsibility
• Meets regularly with clients and teams to understand issues, anticipate needs and address these
• Consistently drives improvement on deliverables through effective leadership
• Keeps leadership updated on status of all assignments
• Communicates need for any changes in engagement / project plan to relevant leadership and obtains agreement for relevant amendments
• Provides ongoing communication to teams on status of engagement / project, changes, achievements, etc.
• Drives Deloitte values of exceptional service to clients, growing the firm’s brand and talent development

Development/Growth of Team

• Mentors and develops team members and counselees on an ongoing basis
• Empowers managers through appropriate delegation of work
• Develops close working relationships with key talent
• Maintains dynamic succession plans for every critical resource, depending on the profile / need expertise
• Maintains own development and knowledge in specialised area and business
• Demonstrates commitment to transformation agenda of the firm
• Provides consistent recognition and encouragement to teams and leads by example

Budgets / Profitability

• Construct engagement teams with suitable talent, balancing correct levels and numbers and recruiting as necessary
• Manages margins effectively through accurate budgeting, pricing and profitability management on engagements
• Monitors that time and expenses to engagements are recorded and submitted weekly
• Ensures billings are timeously done and collections followed up
• (May) negotiate pricing for engagements to ensure profitability whilst maintaining client interests

*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.