Senior Manager, Banking Financial Resource Management, Consulting

We are seeking seasoned and highly skilled Senior Managers to join Deloitte's Actuarial Insurance & Banking team ('AI&B') team to help us grow our commercial standing in the market and lead Banking propositions in conjunction with our leadership team.
The AI&B Banking team, which operates under Deloitte Consulting, is expanding our offering and have become increasingly involved in designing and implementing major financial resource management initiatives for Tier 1 banks globally, with a primary objective of delivering shareholder returns. These initiatives encompass financial resourcing strategy, operational framework and risk and regulations, all rooted in a thorough understanding of the intricacies within the banking sector and supported by state-of-the-art analytical methodologies and tools.
As a Senior Manager, you will be joining a team of 30 management consultants with diverse analytical skills, and industry experience and banking backgrounds. Our team comprises experts in financial analysis, economics, quantitative modelling, and data science, with experience drawn from both industry and advisory backgrounds in strategy, finance, treasury, risk, regulatory, commercial, and operational domains.
Over the past three years, our banking team has experienced a high growth rate, while maintaining a remarkably low attrition level. We expect that growth to continue as our clients increasingly seek our help to guide strategies, measure and manage performance, allocate scarce financial resources, develop customer service innovations, manage risk, respond to regulatory and other stakeholder demands and expectations, and optimise operations. We are hugely ambitious and excited for the future.
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Our project work spans a wide range of engagements - from designing and implementing prototypes to solutions in the financial resource management domain to supporting large scale transformation or remediation programmes. We often work collaboratively in multi-disciplinary teams alongside other Deloitte practice areas and Service Lines.
Our recent work includes:

• Providing strategic advice and guidance to Tier 1 banks on balance sheet optimization and management, ensuring compliance with regulatory requirements and identifying opportunities for risk mitigation.


• Developing cost of equity frameworks, assessing credit ratings for illiquid assets, and contributing to sustainable finance initiatives in the banking industry.


• Supporting clients in strategy development by bringing insights on client demand response to price changes and capital allocation frameworks to inform pricing strategy implementation across product and client segments.


• Manage large scale projects and programs such as technology implementation, M&A and regulatory oversight, track progress and communicate with stakeholders.


• Collaborating with clients to design and develop data models, dashboards, and analytical frameworks to gain insights into costs, resources, and key metrics for efficient decision-making and cost reduction measures.


• Spearheading business restructuring initiatives to address pricing and charges remediation, working closely with cross-functional teams and senior stakeholders at a large UK wealth manager.


• Overseeing complex investment platform migration projects for large European investment managers, enhancing investment algorithms, credit evaluation, and tax optimization within core engines.


• Advising on treasury-related areas, including capital management, liquidity management, funds transfer pricing, and interest rate risk management.


• Driving the development and enhancement of treasury risk management frameworks, incorporating best practices, regulatory requirements, and aligning treasury, risk, finance, and business objectives.
  
  Senior Managers are the on-scene leaders who run our projects day to day. You will lead the project team through an efficient and effective problem-solving process from initial thought process through convergence on a solution. You will ensure that recommendations are correct, practical, sensible, relevant, and cohesive.

Your technical and industry experience and skills should include a combination of:
(i) Core banking industry knowledge developed in finance, treasury, risk, or product teams (as practitioner, supervisor and/ or adviser); and
(ii) Proficiency in analytical, modelling, communication, and presentation techniques.
Your specific technical skills, knowledge and experience should include:
Essential

• Great communication skills and the ability to forge strong relationships with our clients in formal and informal settings, engaging with different levels of seniority and backgrounds.


• Able to understand and anticipate our client needs, and to be ready to come up with novel ideas to solve industry and our clients' biggest problems.


• Proven track record of successfully selling and pitching projects to clients, showcasing exceptional communication and presentation skills.


• Demonstrated capability in identifying business opportunities, generating leads, and creating compelling proposals to respond to client RFPs as well as to pitch for unsolicited work. A strong network and the ability to leverage existing relationships to expand the firm's client base will be key for right candidates to progress to the next level.


• Proven leadership skills with the ability to inspire and motivate teams, foster a collaborative and inclusive work environment, and develop the skills and capabilities of junior team members. The capability to provide guidance, feedback, and mentorship to support professional growth and development.


• Strong project management skills, including the ability to lead multiple project teams, manage timelines and budgets, and ensure successful project completion. Understanding of the full spectrum of banking and capital markets products and services, their financial dynamics, and the internal and external factors that shape their performance and risk profiles.


• Understanding of the broad outlines of banking regulation as well as governance and control processes and frameworks.

Desirable

• Preference will be given to candidates with significant number of years of relevant experience, ideally with a top-tier consulting firm, who understand a broad set of Finance and Risk topics from a banking perspective. Previous experience working for or with GSIBs as an SME in relevant domains for this role.


• Understanding of the asset management industry, their customer needs and market structures, which are forcing asset managers to adapt their value propositions and business models to remain vibrant and valuable.


• Experience in Python programming language and to manage teams of developers.


• Proficiency in business modelling and formulation of comprehensive business cases is advantageous., Distinctive thinking, deep expertise, and collaborative working. That's what connects us. That's what makes us Deloitte. If you want to help solve some of the biggest challenges around, join us.
  
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