Assistant Manager - Credit Risk (Regulatory & Financial Risk)

Deloitte6; Midrand; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Deloitte South Africa is seeking a credit risk analytics professional to develop and calibrate risk models, validate performance, and deliver client-ready insights across banking and financial services projects.

You will lead project initiatives, translate complex data into strategic recommendations, and create clear presentations for Partners and clients, with strong emphasis on quality, risk, and timely delivery.

Qualifications

• Undergraduate degree in a relevant quantitative discipline.
• 3–5 years in banking/financial services consulting or similar.
• Fundamental credit risk modelling capabilities incl. PD/EAD/LGD/Basel II IAS39.

Responsibilities

• Development and calibration of credit risk models.
• Model validation, monitoring, and testing.
• Benchmarking credit metrics amongst peers in a market.

Skills

Strategic insights

Project management

Leadership

Communication

Problem-solving

Risk analytics

Education

Undergraduate degree in Statistics/Mathematics/Financial Engineering/Actuarial Science/Engineering/Economics/Econometrics

Tools

SAS

R

Python

Excel

PowerPoint

SAS Enterprise Guide

Job description

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

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

Undergraduate degree specializing in one or more of the following disciplines: Statistics, Mathematics, Financial Engineering, Actuarial Science, Engineering, Economics, or Econometrics

• At least 3 - 5 years of relevant work experience in banking, financial services consulting, or similar environment
• Fundamental credit risk modelling capabilities including predictive modelling techniques
• Basic understanding of the credit lifecycle, model risk management, Basel regulations, and the IFRS 9 standard
• Financial Modelling experience- technical knowledge in PD, EAD, LGD, Basel II and IAS39.
• Computer literacy: MS Word, Excel, and PowerPoint
• Coding skills: SAS, SAS (Enterprise Guide), R, and/or Python

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.

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 ac