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Associate Director Regulatory & Financial Risk

Associate Director Regulatory & Financial Risk

DeloitteMidrand, Gauteng, South Africa
19 days ago
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 SLAs 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 firms 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 parents 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 youre 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 workin 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.

    Remote Work : No

    Employment Type : Full-time

    Key Skills

    Anti Money Laundering,Dynamics AX,HR & Payroll,Corporate Communications,Instrumentation Engineering,Accident Investigation

    Experience : years

    Vacancy : 1

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    Financial Director • Midrand, Gauteng, South Africa

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