Senior Consultant, Manager, Finance Resource Management

Deloitte (UK); Alabama; On-site; USD 73,000 - 126,000; Full time

Job summary

Deloitte's Actuarial Insurance & Banking team in London is seeking experienced practitioners to join as Senior Consultant or Senior Manager. The role focuses on financial resource management, pricing, risk and regulatory frameworks, and large-scale transformations for Tier 1 banks.

You’ll work in a collaborative, multi-disciplinary environment with a team of 25 consultants and a hybrid work policy based in London.

Qualifications

• Core banking industry knowledge developed in finance, treasury, risk, or product teams (as practitioner, supervisor and/ or adviser).
• Proficiency in analytic, modelling, communication, and presentation techniques.
• Advanced analytical skills in the Office suite.
• Familiarity with financial models and practical use of statistical frameworks in the context of financial services applications.
• Strong interpersonal and communication skills to effectively collaborate with clients and stakeholders at all levels.
• Strong project management skills, with the ability to lead and support projects across different clients and initiatives.
• Adaptability and ability to work in multi-disciplinary teams, collaborating with stakeholders from different practice areas within Deloitte and across the industry.
• Strong problem-solving skills, with the ability to analyse complex client situations and data and provide specific insights and solutions.

Responsibilities

• Your contributions will include supporting engagement teams with the analysis of the client problem statement, identification of options for its potential solution and the implementation of our recommendation into changes to methodology / systems and operating model, depending on the phase of the project.
• You will do so by leveraging your prior project or industry experience.
• Whilst the most important skill is adaptability and curiosity to develop new solutions to our clients’ problems, your prior skills and experience should include a combination of:

Job description

We are seeking experienced financial services practitioners to join Deloitte’s Actuarial Insurance & Banking team (AI&B) as a Senior Consultant or Senior Manager. The AI&B Banking team, which operates under Deloitte Consulting, is expanding our offering and have become increasingly involved in designing and implementing major financial resource management initiatives for Tier 1 banks globally, with a primary objective of delivering shareholder returns. These initiatives encompass financial resourcing strategy, operational framework and risk and regulations, all rooted in a thorough understanding of the intricacies within the banking sector and supported by state-of-the-art analytical methodologies and tools.

You will be joining a team of 25 management consultants with diverse analytical skills, industry experience and banking backgrounds. Our team comprises experts in financial analysis, economics, quantitative modelling, and data science, with experience drawn from both industry and advisory backgrounds in strategy, finance, treasury, risk, regulatory, commercial, and operational domains.

Over the past three years, our banking team has experienced a high growth rate, while maintaining a remarkably low attrition level. We expect that growth to continue as our clients increasingly seek our help to guide strategies, measure and manage performance, allocate scarce financial resources, develop customer service innovations, manage risk, respond to regulatory and other stakeholder demands and expectations, and optimise operations. We are hugely ambitious and excited about the future.

Connect to your career at Deloitte

Deloitte drives progress. Using our vast range of expertise, we help our clients become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.

What brings us all together at Deloitte?It’show we approach the thousands of decisions we make everyday. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, whereverwe arein the world, welead the way,serve with integrity, take care of each other ,fosterinclusion, andcollaborate for measurable impact. These five shared values lead every decision wemake and action we take, guiding us to deliver impact how and where it mattersmost .

Connect to your opportunity

Our expertise spans three core pillars:

• We empower clients to enhance profitability, and shareholder returns by optimising product pricing, maximising customer value, and strategically managing interest-rate risk.
• We elevate banking performance and valuations through the strategic design and implementation of integrated balance sheet, liquidity, funding, and capital management frameworks.
• We drive large-scale transformation through content-centric programme leadership, augmented by data analytics, automation, and AI.

Our approach is highly collaborative, often working in multi-disciplinary teams alongside other Deloitte practice areas and Service Lines to deliver comprehensive solutions.

Commercial excellence and pricing

• Developing advanced AI-driven pricing models for banking products, significantly improving Net Interest Margin (NIM) and overall profitability.
• Providing strategic insights on client demand and capital allocation to inform and optimise pricing strategies.
• Developing frameworks and models for profitability assessment at transaction, customer and portfolio level
• Remediating regulatory findings related to pricing models, ensuring compliance and strengthening pricing governance

Financial Resource management strategy:

• Providing strategic advice and guidance to Tier 1 banks on balance sheet optimization and management, ensuring compliance with regulatory requirements and identifying opportunities for risk mitigation.
• Benchmarking performance of banks vs. peers, assessing cost of equity and identifying drivers to improve shareholder value
• Designing and implementing a comprehensive financial resource management solution for wealth management clients

Operations Transformation:

• Overseeing complex investment platform migration projects for large European investment managers, enhancing investment algorithms, credit evaluation, and tax optimization within core engines.
• Manage large scale transformation programs such as regulatory remediation, technology implementation, M&A and regulatory oversight, programme management.

Connect to your skills and professional experience

Your contributions will include supporting engagement teams with the analysis of the client problem statement, identification of options for its potential solution and the implementation of our recommendation into changes to methodology / systems and operating model, depending on the phase of the project.

You will do so by leveraging your prior project or industry experience. Whilst the most important skill is adaptability and curiosity to develop new solutions to our clients’ problems, your prior skills and experience should include a combination of:

• Core banking industry knowledge developed in finance, treasury, risk, or product teams (as practitioner, supervisor and/ or adviser); and
• Proficiency in analytical, modelling, communication, and presentation techniques.

Your specific technical skills, knowledge and experience should include:

• Familiarity with the broad spectrum of banking and capital markets products and services, their financial dynamics and risk profiles, and the broad outlines of banking regulation as well as governance, control processes and frameworks.
• Familiarity with the purpose and format of banks' financial reports and other disclosures, and the key financial, risk and other indicators they reveal.
• Advanced analytical skills in the Office suite.
• Familiarity with financial models and practical use of statistical frameworks in the context of financial services applications.
• Strong interpersonal and communication skills to effectively collaborate with clients and stakeholders at all levels.
• Strong business acumen and understanding of the broader economic landscape and its impact on the banking industry.
• Strong project management skills, with the ability to lead and support projects across different clients and initiatives.
• Adaptability and ability to work in multi-disciplinary teams, collaborating with stakeholders from different practice areas within Deloitte and across the industry.
• Strong problem-solving skills, with the ability to analyse complex client situations and data and provide specific insights and solutions.
• Attention to detail and a commitment to delivering high-quality work within project timelines and client expectations.
• Proven ability to navigate complex projects, manage multiple priorities, and deliver results within tight deadlines.
• You will be committed to ongoing personal professional development, ideally being either already enrolled / part-qualified in, or willing to consider, a professional course of study such as CFA, FRM or similar, or equivalent.
• Familiarity with the asset and wealth management industry, their customer needs and market structures, which are forcing asset managers to adapt their value propositions and business models to remain vibrant and valuable.
• Advanced knowledge in quantitative models and Object-Oriented Programming in Python or other modern programming language (i.e., Java, C#, SAS, R).

Connect to your business - Technology and Transformation

Distinctive thinking, deep expertise, innovation and collaborative working. That’s what connects us. That’s what makes us Deloitte. If you want to help solve some of the biggest tech and transformational challenges around, join us. Together, we’ll make an impact that matters.

Human Capital

People are what powers enterprise. That’s why we need to focus on the human experience in an ever-changing, digital world. We help clients utilise technology to support their workforce, organisation, and HR Transformations.

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.

Connect with your colleagues

“The great culture, flexibility, and range of experiences that Deloitte offers is what sets this firm apart. In Human Capital, Deloitte is far ahead of any of our immediate competitors.” - Sophia, Technology and Transformation

“I’ve never experienced another business culture that’s so unafraid to break traditional boundaries and is so forward looking in its strategy and approach.” - Gillian, Technology and Transformation

Our hybrid working policy

You’ll be based in London with hybrid working.

At Deloitte we understand the importance of balancing your career alongside your home life. That’s why we’ll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You’ll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.

Our commitment to you

Making an impact is more than just what we do: it’s why we’re here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before.

We want you. The true you. Your own strengths, perspective and personality. So we’re nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we’ll take your wellbeing seriously, too. Because it’s only when you’re comfortable and at your best that you can make the kind of impact you, and we, live for.

Your expertise is our capability, so we’ll make sure it never stops growing. Whether it’s from the complex work you do, or the people you collaborate with, you’ll learn every day. Through world-class development, you’ll gain invaluable technical and personal skills. Whatever your level, you’ll learn how to lead.

Connect to your next step

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you’ll experience a purpose you can believe in and an impact you can see. You’ll be free to bring your true self to work every day. And you’ll never stop growing, whatever your level.

Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careers