Regulatory & Financial Risk (RFR): Treasury - Senior Manager

Job Description

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.

Our service offering includes: 

1. Credit Risk
2. Treasury, Capital and Liquidity Management
3. Valuations
4. Regulatory Advisory
5. Regulatory Assurance

The RFR team comprises a strong mix of business, risk and regulatory practitioners. In so doing we are able to bring our clients practical solutions that look to address their end-to-end strategic and business model requirements.

Main Purpose of Job

Develop and grow our Treasury services by delivering client projects, bringing practical experience to the team and building Deloitte’s eminence in this space. The role is primarily focused on the banking sector, although we are growing our services in the insurance space, so insurance experience would be a plus.

Our client projects primarily cover:

• Liquidity risk, including contingency funding plans (CFPs), recovery plans, funds transfer pricing (FTP), and regulatory aspects such as the LCR, NSFR and BA300 & BA310
• Our flagship liquidity stress simulation service offering
• Latest developments with respect to liquidity risk regulations for insurers
• Interest rate risk in the banking book, including NII and EVE sensitivity, Credit Spread Risk in the Banking Book (CSRBB) and the BA330
• Capital management, including Internal Capital Adequacy Assessment Programme (ICAAP)
• Forecasting, stress testing and risk appetite
• Treasury best practices and controls

As regulations and market conditions continuously evolve in this space, this is a dynamic role that will offer and require consistent upskilling. The role also offers exposure to the Corporate sector from time to time.

Qualifications

Required Qualifications

• Relevant degree / honours / masters in Financial Risk Management
• FRM / PRM preferable
• Work experience in the treasury environment of a bank (required)

Required Experience

• 5-7 years experience in Treasury / Liquidity Risk roles that encompass responsibilities such as:
  • Liquidity, funding and interest rate risk management within a bank’s treasury function
  • Liquidity risk management, funding, funds transfer pricing.
  • FTP and CFPs
  • Capital demand and supply management within a bank, best practice w.r.t. ICAAP
  • Stress testing and risk appetite
  • Understanding of financial instruments and how these are utilised by banks for treasury and financial risk management purposes.
  • Understanding of pricing models and common risk metrics (sensitivities, stress tests, VaR, LCR, NSFR).
  • Governance and controls, policies and procedure documentation.

Your role as a leader 

At Deloitte we believe in the importance of leadership at all levels. We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society and make an impact that matters.

In addition to living our purpose, you will be expected to:

• Contribute to a high-performing team
• Deliver exceptional client service; maximize results and drive high performance while fostering collaboration across businesses and borders
• Influence clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people
• Understand key objectives for clients and Deloitte; align people to objectives and set priorities and direction

What you will do / Specialized Competencies

You will be primarily responsible for execution on client engagements and growing the business.

Key Performance areas

Strategic Impact

Implements our business strategy within area of responsibility including:

• Actively identifies sales opportunities in broader market
• Preparation of proposals/tenders and presentations
• Participates in sales presentations and client negotiation teams for new and retained business
• Grows market network with key players and builds long-term relationships
• Builds relationships across Deloitte service lines for cross-selling opportunities and combined engagement pursuits
• Identifies innovative solutions on projects / engagements to enhance / renew service offerings to client
• Drives own client portfolio and profitable book of business

Client Impact: External / Internal

• Maintains high level oversight of client engagements / projects
• Forms appropriate judgements based on careful analysis to makes sound business decisions on engagements / projects
• Develops productive, credible and trusting relationships with key players and their teams during assignments / projects
• Builds a network of senior-level internal relationships across Deloitte to understand other business unit offerings and to market own area
• Establishes and maintains strong relationships with external business leaders across industries
• Contributes to thought leadership and shares knowledge and expertise with clients, colleagues and teams

 

Additional Information

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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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.