FSA Valuations: Assistant Manager at Deloitte

About the Division

Financial Services Advisory (“FS Advisory”) is an established advisor within the financial services industry. Our vision is to be the leading provider of advisory services to financial services institutions and corporate treasury operations across Africa. Our service offering includes:

• Credit Risk
• Balance Sheet Management (Including Enterprise Risk Management, Stress-testing and Economic Value)
• Valuations
• Regulatory Advisory
• Regulatory Assurance
• IFRS Advisory
• Corporate Treasury
• FinTech

FS Advisory furthermore incorporate the service offering of Business Optimization Services, which focuses on enabling our service offerings listed above through enhancing our clients’ processes and data management frameworks within their organisations.

The FS Advisory team comprises a strong mix of business, risk and regulatory practitioners with a technical appreciation for both financial modelling and programming disciplines. In so doing, we are able to bring our clients practical solutions that look to address their end-to-end strategic and business model requirements.

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’ll find unrivalled opportunities to succeed and realize your full potential.

Job Description

• To support service / business area leadership in the implementation of strategic plan through the effective management of team/s.

Key Responsibilities

• Building and reviewing derivative valuation models.
• Take initiative in identifying and implementing process improvement where required.
• Problem solving.
• Issue resolution: technical (quantitative) and engagement related queries.
• Knowledge sharing and team guidance.
• Manage and oversee client relationships, fees and budgets.
• Responsible for managing client delivery teams and overseeing their work.
• Communicate upward and downward feedback on technical matters around IFRS or derivative valuations.
• Assist in growing the profitability of the team and service offering.
• Mentor and coach junior staff.
• Project management on multiple clients across multiple industries with a focus on banking.
• Research relevant industry topics.

Qualifications

• Degree qualified in either Maths/Stats/Actuarial
• Experience in Matlab an advantage
• Experience in VBA an advantage
• Strong MS Excel skills
• MS Word
• MS PowerPoint
• Good knowledge of accounting standards an advantage

Specialized Competencies

• Practical knowledge and experience with pricing of vanilla and exotic derivative instruments in a risk neutral framework is required
• Understanding and practical computational experience of of CVA, DVA, FVA and other xVAs where relevant is required
• Pricing of equity options falling within the ambient of BEE and share scheme transactions (IFRS 2)

Key Performance areas

• Strategic Impact
• Client Impact: External / Internal
• Team development
• Research and eminence
• Operational Effectiveness
• Development/Growth of Team
• Budgets / Profitability