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

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

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

Skills and Qualifications Required

• 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

Preferred skills:

• 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.  

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.

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