Credit Risk: Assistant Manager - Manager

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Deloitte offers career opportunities across 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).

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.

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.

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

Requirements

BSC Degree (Mathematics/Statistics/Quantitative/Financial Engineering or Actuarial Science.; 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).; 5 - 8 years credit experience at a Bank or Consultancy.; Retail credit risk experience preferred.; Programming and coding skills: SAS, VBA, Matlab, R and Python.