Financial Services Advisory: FSA (Credit Risk): Assistant Manager/ Manager

Deloitte Africa; Gauteng; Hybrid; ZAR 50 000 - 90 000; Full time

Job summary

Join a forward-thinking company that leads in professional services, specializing in financial advisory and risk management. As an Assistant Manager or Manager in the Financial Services Advisory team, you will play a pivotal role in delivering impactful solutions to clients in the financial sector. This role offers a unique opportunity to engage with diverse challenges, leveraging your expertise in credit risk modelling and financial analysis. You'll thrive in a collaborative environment that values inclusivity, professional growth, and innovative thinking. If you're ready to make a meaningful impact and advance your career, this is the perfect opportunity for you.

Benefits

Hybrid working model

Opportunities for technical upskilling

Diversity and inclusiveness initiatives

Leadership development programs

Qualifications

• 5+ years of experience in banking or financial services consulting.
• Strong understanding of Basel III regulations and IFRS 9 standard.
• Experience in credit risk modelling and predictive analytics.

Responsibilities

• Support the FS Advisory Credit Risk Team in delivering client services.
• Manage and deliver audit/advisory projects effectively.
• Coaching and mentoring of analysts for their technical development.

Skills

Credit Risk Modelling

Predictive Modelling

Macroeconomic Modelling

Statistical Analysis

Communication Skills

Education

Undergraduate Degree in Statistics

Undergraduate Degree in Mathematics

Undergraduate Degree in Financial Engineering

Undergraduate Degree in Actuarial Science

Undergraduate Degree in Economics

Tools

SAS

R

Python

MS Excel

MS Word

MS PowerPoint

Job description

Financial Services Advisory : FSA (Credit Risk) : Assistant Manager / ManagerPay CompetitiveEmployment type Full-TimeJob DescriptionReq# : REFQCompany DescriptionAbout DeloitteIn South Africa, Deloitte is one of the leading professional services organisations, specialising in providing Audit, Tax, Consulting, Risk Advisory, and Corporate Finance services.

We serve clients in a variety of industries ranging from financial services to consumer business, energy, mining and manufacturing, tourism, and the public sector.

We provide powerful business solutions to some of the world's most well-known and respected companies, including more than 80 percent of the Fortune .About the DivisionFinancial Services Advisory (FSA) 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.FSA'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 FSA Credit team resides within FSA, and is involved in the following service offerings : IFRS 9 Impairment Models (development, refinement, validation, and audit)Regulatory and Economic Capital Credit ModelsScorecards and AnalyticsBehavioural Product PricingDesign, Development, and Implementation of Credit Monitoring FrameworksCollections OptimisationStrategy and Risk Appetite StatementSecondmentsFSA 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 FSA and Deloitte.What Impact will you makeEvery 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.Job ResponsibilitiesTo support FS Advisory Credit Risk Team in delivery of services to / at client premises on delegated engagements and projects.QualificationsMinimum Qualifications and Experience required : Undergraduate degree specializing in one or more of the following disciplines : Statistics, Mathematics, Financial Engineering, Actuarial Science, Engineering, Economics or EconometricsAt least 5 years of work experience (of which at least 2 years in management) in banking, financial services consulting, or a similar environmentCredit risk modelling capabilities including predictive and macroeconomic modelling techniquesComprehensive familiarity with Basel III regulations and recent developments, as well as the IFRS 9 standardUnderstanding of South Africa's financial regulatory and economic environment as well as relevant SARB / PRA directivesUnderstanding of financial operations within the banking book of a commercial bankFamiliarity with principles of model risk management and the typical governance structure of a commercial bankComputer literacy : MS Word, Excel, and PowerPointCoding skills : SAS, SAS (Enterprise Guide), R, and / or PythonPersonal aptitudes : fluent communicator, assertive, reliable, diligent, accountable, collaborative, attentive to detailRoles & ResponsibilitiesManagement of admin and delivery of audit / advisory projectsTechnical challenge of clients' frameworks and methodologiesSupport in implementation of the division's strategic objectivesCommunication of project challenges and outcomes with clientsCoaching and mentoring of analystsTechnical development and training of analystsPresentation on technical topics to internal teamSupport in the development of thought leadership piecesDrafting of proposals for the acquisition of new businessDesign of creative solutions to resolve internal and client challengesAdditional InformationLeadership Capabilities : Living our Purpose - Acts as a role model, embracing and living our purpose and values, and recognizing others for the impact they makeTalent development - Develops high-performing people and teams through challenging and meaningful opportunitiesPerformance drive - Delivers exceptional client service; maximizes results and drives high performance from people while fostering collaboration across businesses and bordersInfluence - Influences clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior peopleStrategic direction - Understands key objectives for clients and Deloitte, aligns people to objectives and sets priorities and directionTechnical Competencies : Understanding of the audit and advisory businesses, and their interaction with wider firm locally and globally, strategy and challengesNotable experience on providing Strategic Insights to PartnersProject management experienceExcellent industry and business knowledgeDemonstrated leadership skillsAbility to interpret, communicate and implement strategyDemonstrated execution of complex projects within time frames and costExperienced in development and delivery of professional presentationsExcellent report writing skillsSolid financial knowledgeBehavioural Competencies : Exceptional communication skills, both written and verbal with all levels of staff & leadershipStrong interpersonal and relationship-building skillsExcellent mentorship and coaching ability with desire to develop self and othersStrong client delivery focusHighly adaptable, managing change and ambiguity with easeFocus on quality and riskExcellent problem-solving abilityExceptional business acumen

• Please note that this job advertisement provides a summary of the capabilities required and all candidates shortlisted will receive a full list of capabilities.Hybrid & Vaccination policyDeloitte Africa has successfully launched the Hybrid Working model.

Aligned with this model is our commitment to maintain an environment for personnel, clients and visitors that is safe and, as far as reasonably practicable, free from health risks.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 seek to create and leverage our diverse workforce to build an inclusive environment across the African continent.