Regulatory & Financial Risk (RFR) – Credit Risk: Manager/ Senior Manager at Deloitte

Job Description
About the Division

• Regulatory & Financial Risk (RFR) is an established advisor within the financial services industry. Our vision is to be the leading provider of advisory services to financial services providers and corporate treasury operations across Africa. Our client offerings span: Credit, market, and corporate treasury risks; Valuations of financial instruments; Hedge accounting; and financial technology. We provide these services in the capacities of advisory, assurance, managed solutions, and resource augmentation. We also help clients address regulatory challenges relating to IFRS 9, 13, 17 and Basel, amongst others. Our team comprises of accountants, actuaries, statisticians, and quantitative analysts with a technical appreciation for both financial modelling and coding.

RFR’s client base comprises of the financial services industry and other sectors such as telecoms, retail, and healthcare in both local and international markets. The RFR Credit team resides within RFR, and is involved in the following service offerings:

• IFRS 9 Impairment Models (development, refinement, validation, and audit)
• Regulatory and Economic Capital Credit Models
• Scorecards and Analytics
• Behavioural Product Pricing
• Design, Development, and Implementation of Credit Monitoring Frameworks
• Collections Optimisation
• Strategy and Risk Appetite Statement
• Secondments

RFR provides a distinctive work environment. We support a hybrid working model while still providing regular opportunities to interact in a social setting. We provide opportunities for technical upskilling and the development of managerial and leadership capabilities. We embrace diversity and inclusiveness, and we are deliberate in our efforts to achieve greater gender and racial transformation within RFR and Deloitte.

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.

Qualifications

• To support FS Advisory Credit Risk Team in delivery of services to / at client premises on delegated engagements and projects. 

Roles & Responsibilities

• Development and calibration of credit risk models
• Model validation, monitoring, and testing.
• Benchmarking credit metrics amongst peers in a market
• Derivation of portfolio credit analytics
• Review of client deliverables to ensure quality, accuracy, and completeness.
• Communication of project challenges and outcomes with clients and team members
• Drafting of project reports
• Sharing of knowledge and skills with colleagues

Minimum Qualifications and Experience required:     

• BSC Degree (Mathematics/Statistics/Quantitative/Financial Engineering or Actuarial Science. 
• Financial Modelling experience– technical knowledge in PD, EAD, LGD, Basel II and IAS39.
• Experience in building and developing IFRS 9 Models.
• Financial services and market regulations knowledge and application: regulation 23, IAS39, IFRS 9 (intermediate level).
• 5 – 8 years credit experience at a Bank or Consultancy.
• Retail credit risk experience preferred.
• Programming and coding skills: SAS, VBA, Matlab, R and Python.

Technical Competencies:

• Understanding of the audit and advisory businesses, and their interaction with wider firm locally and globally, strategy and challenges
• Notable experience on providing Strategic Insights to Partners
• Project management experience
• Excellent industry and business knowledge
• Demonstrated leadership skills
• Ability to interpret, communicate and implement strategy
• Demonstrated execution of complex projects within timeframes and cost
• Experienced in development and delivery of professional presentations
• Excellent report writing skills
• Solid financial knowledge

Behavioural Competencies:

• Exceptional communication skills, both written and verbal with all levels of staff & leadership
• Strong interpersonal and relationship-building skills
• Excellent mentorship and coaching ability with desire to develop self and others
• Strong client delivery focus
• Highly adaptable, managing change and ambiguity with ease
• Focus on quality and risk
• Excellent problem-solving ability
• Exceptional business acumen