Regulatory and Financial Risk – Assistant Manager - Financial Instrument Valuations (2027)

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About Africa Consulting Services

Deloitte's Africa Consulting Services (ACS) excels in delivering innovative solutions through Strategy, Risk & Transactions (SRT) and Technology & Transformation (T&T). SR&T advises clients on how to create and protect value –this offering is designed to help organizations navigate complex business transformations, mergers, acquisitions, and strategic growth initiatives. T&T combines deep industry knowledge with cutting-edge technology to deliver tailored solutions that drive innovation, enhance efficiency, and foster sustainable growth. Together, these consulting services help clients navigate complex challenges and achieve their strategic goals.

Our multidisciplinary teams span across the continent and combine strategic foresight with rigorous analysis to drive growth, manage risks, and enhance industry performance.

We empower our clients to navigate complex challenges and uncover opportunities to create value and competitive advantage while also building organizational trust and resilience for the long run.

About the division

Our Regulatory and Financial Ris k (RFR) team is a well-established advisor in the financial services industry. Our vision is to be the leading provider of advisory services to financial institutions and corporate treasury operations across Africa. The RFR team consists of a strong mix of business, risk, and regulatory experts who are skilled in both financial modelling and programming. This diverse expertise enables us to offer our clients practical solutions that address their comprehensive strategic and business model needs.

Job Purpose

As an Assistant Manager, you will support the business area leadership in the implementation of strategic initiatives through the effective management of the team, and to provide key insight and guidance in quantitative modelling methodologies for valuations, risk, and strategic projects.

Within RFR, this role will support the Financial Instrument Valuations team by undertaking a variety of specialist tasks such as:

- Derivative Instrument Valuations
- Hedge Accounting Advisory
- IFRS 2: Share Options and BEE Valuations
- Tool / Model Development and Validation
- Counterparty Credit Risk (xVA) Valuations

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

Requirements

Degree qualified in either Maths/Stats/Actuarial/Accounting; Experience in C#, Matlab, Python, R, SAS or VBA is an advantage; Strong MS Excel skills, MS Word & MS PowerPoint; Good knowledge of accounting standards, in particular IFRS 2, IFRS 7, IFRS 9, and IFRS 13 an advantage

Nice to have

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 relevant valuation adjustments (xVA) is required; Experience in pricing share scheme transactions and/or BEE transactions (classified under IFRS 2) required; Hedge accounting knowledge (IAS 39/IFRS 9) and practical experience in setting up/reviewing hedge documentation, designating hedge relationships and performing hedge effectiveness testing advantageous.