At Deloitte, our Purpose is to make an impact that matters for our clients, our people, and society. This is the lens for which our global strategy is set. It unites Deloitte professionals across geographies, businesses, and skills. It makes us better at what we do and how we do it. It enables us to deliver on our promises to stakeholders, while creating the lasting impact we seek.

Harnessing the talent of 450,000+ people located across more than 150 countries and territories, our size and scale puts us in a unique position to help change the world for the better—by bringing together the services we provide, the societal investments we make, and the collaborations we advance through our ecosystems.

Deloitte offers career opportunities across Internal Client Services, Audit & Assurance (A&A), Tax & Legal (T&L) and our Consulting services business, which is made up of Strategy, Risk & Transactions Advisory (SR&T) and Technology & Transformation (T&T). 

Are you ready to apply your knowledge and background to exciting new challenges? From learning to leadership, this is your chance to take your career to the next level. 

About Africa Consulting Services

Deloitte's Africa Consulting Services (ACS) excels in delivering innovative solutions through Strategy, Risk & Transactions (SRT) and Technology & Transformation (T&T). SR&T advises clients on how to create and protect value –this offering is designed to help organizations navigate complex business transformations, mergers, acquisitions, and strategic growth initiatives. T&T combines deep industry knowledge with cutting-edge technology to deliver tailored solutions that drive innovation, enhance efficiency, and foster sustainable growth. Together, these consulting services help clients navigate complex challenges and achieve their strategic goals.

Our multidisciplinary teams span across the continent and combine strategic foresight with rigorous analysis to drive growth, manage risks, and enhance industry performance.

We empower our clients to navigate complex challenges and uncover opportunities to create value and competitive advantage while also building organizational trust and resilience for the long run.

About the division:

Our Regulatory and Financial Risk (RFR) team is a well-established advisor in the financial services industry. Our vision is to be the leading provider of advisory services to financial institutions and corporate treasury operations across Africa. The RFR team consists of a strong mix of business, risk, and regulatory experts who are skilled in both financial modelling and programming. This diverse expertise enables us to offer our clients practical solutions that address their comprehensive strategic and business model needs.

Job Purpose

As an Assistant Manager, 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.

Within RFR, this role will support the Financial Instrument Valuations team by undertaking a variety of specialist tasks such as:

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

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

Skills and Qualifications Required

• Degree qualified in either Maths/Stats/Actuarial/Accounting
• Experience in C#, Matlab, Python, R, SAS or VBA is an advantage
• Strong MS Excel skills, MS Word & MS PowerPoint
• Good knowledge of accounting standards, in particular IFRS 2, IFRS 7, IFRS 9, and IFRS 13 an advantage

Preferred skills:

• 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 relevant valuation adjustments (xVA) is required
• Experience in pricing share scheme transactions and/or BEE transactions (classified under IFRS 2) required
• Hedge accounting knowledge (IAS 39/IFRS 9) and practical experience in setting up/reviewing hedge documentation, designating hedge relationships and performing hedge effectiveness testing advantageous.  

Note: The list of tasks / duties and responsibilities contained in this document is not necessarily exhaustive.  Deloitte may ask the employee to carry out additional duties or responsibilities, which may fall reasonably within the ambit of the role profile, depending on operational requirements.

Be careful of Recruitment Scams: Fraudsters or employment scammers often pose as legitimate recruiters, employers, recruitment consultants or job placement firms, advertising false job opportunities through email, text messages and WhatsApp messages. They aim to cheat jobseekers out of money or to steal personal information.

To help you look out for potential recruitment scams, here are some Red Flags:

• Upfront Payment Requests: Deloitte will never ask for any upfront payment for background checks, job training, or supplies.
• Requests for Personal Information: Be wary if you are asked for sensitive personal information, especially early in the recruitment process and without a clear need for it. Fraudulent links or contractual documents may require the provision of sensitive personal data or copy documents (e.g., government issued numbers or identity documents, passports or passport numbers, bank account statements or numbers, parent’s data) that may be used for identity fraud. Do not provide or send any of these documents or data. Please note we will never ask for photographs at any stage of the recruitment process.
• Unprofessional Communication: Scammers may communicate in an unprofessional manner. Their messages may be filled with poor grammar and spelling errors. The look and feel may not be consistent with the Deloitte corporate brand.

If you're unsure, make direct contact with Deloitte using our official contact details. Be careful not to use any contact details provided in the suspicious job advertisement or email.

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 are committed to employment equity and building a diverse and inclusive workplace across the African continent. Our recruitment processes are aligned with our Employment Equity Plan and the principles of the Employment Equity Act. Preference may be given to candidates from designated groups.

We actively support the inclusion of people with disabilities and embrace neurodiversity in the workplace. We recognise and value the unique strengths that neurodivergent individuals bring, and we are committed to creating an environment where everyone can thrive.

If you require reasonable accommodations in relation to your disability and neurodiverse needs during the recruitment process, please let us know. We are happy to make adjustments to suit your individual needs.