Deloitte Senior Manager: Valuations Jobs in Midrand, South Africa

Deloitte Senior Manager: Valuations Jobs in Midrand, South Africa

Job Description
To 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.

Key Responsibilities

Provide guidance to the team on suitable choices of modelling methodology and valuation principles by working closely with the head quantitative analyst

Review valuation models for a broad range of financial instruments; including derivatives, employee share schemes, BEE deals, financial guarantees

Play a key role in the strategic development of technology that automates and improves service offerings

Ensure that best practice valuation models and methodologies are presented to the team, and that these are clearly documented

Ensure that best practice valuation models and methodologies are implemented consistently

Remain a thought leader in the derivative valuations and risk space by researching relevant industry topics, and attending conferences and market events

Take initiative in identifying and implementing process improvement where required

Problem solving and issue resolution

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

Qualifications

At minimum a bachelor’s honours degree in a scientific discipline. A master’s or doctor’s degree in financial mathematics, pure/applied mathematics, physics or engineering is an advantage

Experience and Skills Required

At least 7 years Practical experience and knowledge of the financial markets, with knowledge of the application of mathematics of finance and is required

Experience in an Object Oriented Programming language, e.g. C#, Java, Python. Good knowledge of C# and programming experience

is a large advantage

Experience in VBA an advantage

Good knowledge of accounting standards, e.g. IFRS2, IFRS9 and IFRS13, an advantage

Strong MS Excel skills

MS Word and PowerPoint

LaTeX an advantage

Specialized Competencies

Relevant technical knowledge and practical experience with pricing of vanilla and exotic derivative instruments in a risk neutral framework is required

Knowledge and practical experience with construction of curves is required; e.g. interest rate forecasting and discounting curves, basis curves, OIS curves

Understanding and practical computational experience of CVA, DVA, FVA and other xVAs where relevant is required

Understanding of relevant numerical methods for derivative valuations is required; e.g. Monte Carlo and Finite Difference methods

Knowledge of stochastic differential equations and models of asset dynamics, and understanding when they are suitable is required; e.g. GBM, Hull-White and Heston

Knowledge of volatility models is an advantage; e.g. Local Volatility, Local Stochastic Volatility and SABR

Pricing of equity options falling within the ambient of BEE and share scheme transactions (IFRS 2) is an advantage

Key Performance areas

Strategic Impact

Client Impact: External / Internal

Team development

Research and eminence

Operational Effectiveness

Development / Growth of Team

Budgets / Profitability

How to Apply

For more information and job application details, see; Deloitte Senior Manager: Valuations Jobs in Midrand, South Africa

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