Associate Director - Regulatory & Financial Risk at Deloitte

Sandton, Gauteng, South Africa -

Full Time

Start Date

Immediate

Expiry Date

02 Feb, 26

Salary

0.0

Posted On

04 Nov, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Risk, Financial Modelling, Business Development, Team Leadership, Regulatory Knowledge, Programming Skills, Strategic Thinking, Client Relationship Management, Project Management, Analytical Skills, Communication Skills, Mentoring, Negotiation, Market Leadership, Operational Effectiveness, Talent Development

Industry

Business Consulting and Services

Description

Company Description Company Description At Deloitte, our Purpose is to make an impact that matters for our clients, our people, and society. This is the lens for 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 puts 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 Internal Client Services, Audit & Assurance (A&A), Tax & Legal (T&L) and our Consulting services business, which is made up of 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 Africa Consulting Services Deloitte’s Consulting Services business has always been about helping our clients and our people move forward. It’s important that we do the same for our business: celebrating how far we’ve come, and always preparing to take our next, big steps towards a global future. We’re moving and evolving on our journey to be an undisputed leader in consulting, globally and in all major markets. Together, we will achieve our aspirations through relentless focus on our Shared Strategic Agenda. The Global Consulting Platform is working globally across our practices and borders – giving our business, clients and people the global experience that’s essential in today’s world. 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 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. RFR’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 RFR Credit team resides within RFR, and is involved in the following service offerings: IFRS 9 Impairment Models (development, refinement, validation, and audit) Regulatory and Economic Capital Credit Models Scorecards and Analytics Behavioural Product Pricing Design, Development, and Implementation of Credit Monitoring Frameworks Collections Optimisation Strategy and Risk Appetite Statement Secondments RFR 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 RFR and Deloitte. 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 will find unrivalled opportunities to succeed and realize your full potential. Job Description Main Purpose of Job To support the RFR Credit Risk Team in delivery of services to / at client premises on delegated engagements and projects. To contribute to the growth of the RFR practice by leading complex projects while trailblazing the market and forging strong C-suite business relationships with key clients. Roles & Responsibilities Strategic relationship development with key clients Bold play eminence creation Market leadership Industry capability development Team leadership Review of client deliverables to ensure quality, accuracy, and completeness Oversee development and calibration and validation of credit risk models as well as model validation, monitoring and testing Benchmarking credit metrics amongst peers in a market Derivation of portfolio credit analytics Communication of project challenges and outcomes with clients and team members Validation and approval of project reports Team leadership including sharing knowledge and skills with the team. Key Performance Areas 1. Strategic Impact Give meaningful input into the development of strategy of the Service Line / Business Area in relation to specific area of expertise Implements the strategy within area of business through detailed plan including: Client targets to achieve revenue Marketing plan People plan to deliver on goals Communication plan Contingency plan for possible additional resources e.g. contractors Tracking of plans Identifies innovative solutions to enhance / renew service offerings to market Heads up sales presentation teams for new and retained business Leads negotiations with clients Actively identifies multiple sales opportunities and leads pursuit process Leads/contributes to preparation of proposals/tenders and presentations Builds relationships across service lines for cross-selling opportunities and combined engagement pursuits Drives own client portfolio and profitable book of business 2. Client Impact: External / Internal Maintains high level oversight of client projects Develops productive, credible and trusting relationships with current and targeted clients Develops a network of senior-level internal relationships across Deloitte to understand other business unit offerings and market own area Establishes and maintains strong relationships with business leaders across industries. 3. Operational Effectiveness Validates all SLA’s are in place and signed off by all parties Oversees engagement risk to ensure all required documentation and processes are completed as required by RIL Directs and manages complex client engagements and maintains high level oversight of all projects Analyses weekly/monthly reports from senior managers and approves process changes / innovative solutions on issues arising Drives Deloitte values of exceptional service to clients, growing the firm’s brand and talent development 4. Development/Growth of Team Identifies and recruits’ suitable talent for team, balancing correct levels and numbers Maintains succession plan for every senior/critical resource, depending on the profile / need expertise Mentors and develops team members on an ongoing basis and empower existing senior managers/leaders Maintains close working relationship with key talent Maintains own development and knowledge in specialised area and business Demonstrates commitment to transformation agenda of the firm 5. Budgets / Profitability Manages margins effectively through correct budgeting, pricing and profitability management Monitors that time and expenses to engagements are recorded and submitted weekly Negotiates pricing for engagements to ensure profitability whilst maintaining client interests Manages WIP – billings and cash collections. Qualifications Qualifications and Experience Minimum Qualifications: Completed BSC Degree (Mathematics/Statistics/Quantitative/Financial Engineering or Actuarial Science. Desired Qualifications CFA /FRM/MBA qualification would be advantageous Required Experience 10+ years of experience in credit gained within a Bank, Consulting firm or similar environment with at least 5 years in a senior management role leading teams Demonstrated experience in business alignment, strategic thinking and leadership 5+ years business development experience and a track record working at a senior level Financial Modelling experience– technical knowledge in PD, EAD, LGD, Basel II and IAS39 Experience in building and developing IFRS 9 Models Financial services and market regulations knowledge and application: regulation 23, IAS39, IFRS 9 (intermediate level) Retail credit risk experience Programming and coding skills: SAS, VBA, SQL, R and Python. Additional Information Leadership / Behavioural Capabilities Living our Purpose: Identifies and embraces our purpose and values and puts these into practice in their professional life Influence: Builds relationships and communicates effectively in order to positively influence peers and other stakeholders Performance drive: Seeks opportunities to challenge self; teams with others across businesses and borders to deliver and takes accountability for own and team results Strategic direction: Understands objectives for clients and Deloitte, aligns own work to objectives and sets personal priorities Talent development: Develops self by actively seeking opportunities for growth, shares knowledge and experiences with others, and acts as a strong brand ambassador Professional Capabilities: Knows the business and industry: Knows how member firm business works and keeps up-to-date on industry activities, marketplace trends and leading practices Manages to results: Takes responsibility for assigned areas and contributes to the successful realization of common goals Manages and executes projects: Prepares and manages work plans to ensure efficient and timely completion of work Solves problems: Identifies and solves problems objectively using analysis, experience and judgment Manages quality and risk: Understands and applies quality assurance and risk management procedures in all areas of work performed Manages change and ambiguity: Is adaptive and flexible in the face of change and ambiguity 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. Be careful of Recruitment Scams: Fraudsters or employment scammers often pose as legitimate recruiters, employers, recruitment consultants or job placement firms, advertising false job opportunities through email, text messages and WhatsApp messages. They aim to cheat jobseekers out of money or to steal personal information. To help you look out for potential recruitment scams, here are some Red Flags: Upfront Payment Requests: Deloitte will never ask for any upfront payment for background checks, job training, or supplies. Requests for Personal Information: Be wary if you are asked for sensitive personal information, especially early in the recruitment process and without a clear need for it. Fraudulent links or contractual documents may require the provision of sensitive personal data or copy documents (e.g., government issued numbers or identity documents, passports or passport numbers, bank account statements or numbers, parent’s data) that may be used for identity fraud. Do not provide or send any of these documents or data. Please note we will never ask for photographs at any stage of the recruitment process. Unprofessional Communication: Scammers may communicate in an unprofessional manner. Their messages may be filled with poor grammar and spelling errors. The look and feel may not be consistent with the Deloitte corporate brand. If you're unsure, make direct contact with Deloitte using our official contact details. Be careful not to use any contact details provided in the suspicious job advertisement or email. 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 accommodations during the recruitment process, please let us know.

Responsibilities

The Associate Director will support the RFR Credit Risk Team in delivering services to clients and lead complex projects while building strong relationships with key clients. Responsibilities include strategic relationship development, overseeing credit risk model validation, and ensuring quality in client deliverables.