Regulatory & Financial Risk (RFR): Credit Risk - Senior Consultant/ Assistant Manager

myDeloitte; Midrand; Hybrid; ZAR 600 000 - 800 000; Full time

Job summary

A leading company is seeking a Senior Consultant/Assistant Manager in Credit Risk to join their Regulatory & Financial Risk team. The role involves developing credit risk models, mentoring team members, and delivering high-quality client services in a collaborative environment. Ideal candidates will have a strong background in statistics or related fields and experience in financial consulting. This position supports a hybrid working model and emphasizes diversity and inclusion.

Qualifications

• 3-5 years relevant experience in banking, financial consulting, or similar.
• Fundamental credit risk modeling skills, including predictive techniques.

Responsibilities

• Supporting the RFR - Credit Risk Team in delivering services to clients.
• Developing and calibrating credit risk models.
• Managing complex projects within time and budget.

Skills

Statistical Analysis

Problem Solving

Communication

Education

Undergraduate degree in Statistics

Undergraduate degree in Mathematics

Undergraduate degree in Financial Engineering

Undergraduate degree in Actuarial Science

Undergraduate degree in Engineering

Undergraduate degree in Economics

Undergraduate degree in Econometrics

Tools

SAS

R

Python

MS Word

MS Excel

MS PowerPoint

Job description

Regulatory & Financial Risk (RFR): Credit Risk - Senior Consultant/ Assistant Manager

• Full-time

At Deloitte, our Purpose is to make an impact that matters for our clients, our people, and society. This is the lens through 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 put 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 Audit & Assurance (A&A), Tax & Legal (T&L), and our Consulting services business, which includes 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 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 advisory, assurance, managed solutions, and resource augmentation capacities. We also assist clients in addressing regulatory challenges related to IFRS 9, 13, 17, Basel, and others. Our team includes accountants, actuaries, statisticians, and quantitative analysts with technical expertise in financial modeling and coding.

Our client base includes the financial services industry and other sectors such as telecoms, retail, and healthcare, both locally and internationally. The RFR Credit team focuses on:

• Developing, refining, and validating IFRS 9 Impairment Models
• Regulatory and Economic Capital Credit Models
• Scorecards and Analytics
• Designing and implementing Credit Monitoring Frameworks
• Collections Optimization
• Strategy and Risk Appetite Statements
• Secondments

We support a hybrid working model, offering technical upskilling and leadership development, embracing diversity and inclusion, and striving for gender and racial transformation within RFR and Deloitte.

What Impact will you make

Your work will make a meaningful impact while you thrive in an inclusive, collaborative, and high-performance culture. Deloitte provides unrivaled opportunities for success and growth.

Responsibilities include:

• Supporting the RFR - Credit Risk Team in delivering services to clients on engagements and projects
• Developing and calibrating credit risk models
• Model validation, monitoring, and testing
• Benchmarking credit metrics
• Deriving portfolio credit analytics
• Reviewing client deliverables for quality and accuracy
• Communicating project challenges and outcomes
• Drafting reports and sharing knowledge with colleagues
• Understanding audit and advisory interactions and strategies
• Providing strategic insights to partners
• Demonstrating leadership and business knowledge
• Managing complex projects within time and budget
• Delivering professional presentations
• Exercising excellent communication and interpersonal skills
• Mentoring and coaching team members
• Focusing on client delivery and managing change effectively
• Problem-solving with strong business acumen

Minimum Qualifications and Experience

• Undergraduate degree in Statistics, Mathematics, Financial Engineering, Actuarial Science, Engineering, Economics, or Econometrics
• 3-5 years relevant experience in banking, financial consulting, or similar
• Fundamental credit risk modeling skills, including predictive techniques
• Basic knowledge of credit lifecycle, model risk management, Basel, and IFRS 9
• Proficiency in MS Word, Excel, PowerPoint
• Coding skills in SAS, R, and/or Python

We promote a diverse and inclusive workplace, ensuring fair treatment and reasonable accommodations for persons with disabilities. We do not ask candidates for any fees during the recruitment process and advise caution against scams. Please contact Deloitte directly through official channels for verification.