Teejay Tazvipedza Kwari, FRM

Experience

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  Hire Education

  Jan 2008 - Feb 2010

  Academic Tutor and Mentor

  Tutored Mathematics, Statistics, Science (Physics, Chemistry) and English to primary school, high school, university and adult scholars. Served as a mentor and career guidance advisor to the secondary school scholars.

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  Marlow Capital SA

  Feb 2010 - Aug 2014

  Marlow Capital is an independent asset management and advisory firm, based in South Africa, which provides specialist solutions to its clients. Marlow has three principal businesses- private equity, mergers and acquisitions advisory, and capital raisings- with a sub-Saharan Africa midmarket buyout focus.I gained considerable experience in all facets of the deal lifecycle: from origination (research), structuring (financial modelling and valuation) and execution of leveraged buyout transactions, to post-deal risk management, development and implementation of portfolio company operational and growth strategy, as well as investment performance measurement and reporting.I participated in the origination, structuring and execution of buyout transactions, and portfolio company M&A. I was responsible for the development of financial models, interfacing with clients on financial modelling issues. I assisted in the management and monitoring of portfolio companies, supporting them in capital structure and strategic initiatives (mergers and/or acquisitions, growth opportunities into new products/services, evaluating potential expansion into other markets/geographies), and performing strategic reviews of company operations to help them realise efficiencies and generate investment value. I sat on the Marlow Capital Investment Committee. Show less

  • Private Equity Investment Associate

    Jul 2013 - Aug 2014

  • Private Equity Investment Analyst

    Feb 2010 - Jun 2013
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  Deloitte

  Sept 2014 - now

  Advisory and consulting for banks, insurers, corporate and state-owned entities, with a diverse portfolio of clients and engagement experience spanning South Africa, the rest of Africa and the Middle East.Advisory focus on financial risk management and treasury management, and assisting clients in the design, development and evaluation of bespoke financial models as well as reviewing and implementing risk management frameworks and modelling methodologies, and assessing impact on their current and future business models.My experience in this regard stretches across areas such as market risk, treasury / asset and liability management (ALM) / balance sheet management (BSM), funds transfer pricing (FTP), risk appetite, stress testing, sensitivity and scenario analyses, regulatory and economic capital, liquidity risk and broader enterprise risk management (ERM). Show less I was involved primarily in capital, treasury management (both banking and corporate) and financial risk management projects that involved designing, developing and evaluating bespoke financial models as well as reviewing and implementing risk management frameworks and modelling methodologies. My experience in this regard stretched across areas such as market risk, treasury / asset and liability management (ALM) / balance sheet management (BSM), funds transfer pricing (FTP), risk appetite, stress testing, sensitivity and scenario analyses, regulatory and economic capital, liquidity risk and broader enterprise risk management (ERM) projects for banking and insurance clients.I also assisted clients with meeting the various quantitative and qualitative demands of new regulations, such as the Basel Committee on Banking Supervision (BCBS) Fundamental Review of the Trading Book (FRTB) and Interest Rate Risk in the Banking Book (IRRBB).I was part of the Valuations team, and have worked on engagements encompassing the valuation of fixed income financial assets and liabilities, vanilla and exotic derivative financial instruments used by entities for investment and hedging (market and credit risk) purposes, as well as the valuation of complex transaction structures (such as BEE schemes).I oversaw xVA (CVA/DVA) modelling for portfolios of derivative instruments to quantify the necessary credit risk exposures of each entity and its respective counterparties on behalf of large state-owned enterprises (SOEs). Show less I was involved primarily in capital, treasury management (both banking and corporate) and financial risk management projects that involved designing, developing and evaluating bespoke financial models as well as reviewing and implementing risk management frameworks and modelling methodologies. My experience in this regard stretched across areas such as market risk, treasury / asset and liability management (ALM) / balance sheet management (BSM), funds transfer pricing (FTP), risk appetite, stress testing, sensitivity and scenario analyses, regulatory and economic capital, liquidity risk and broader enterprise risk management (ERM) projects for banking and insurance clients.I also assisted clients with meeting the various quantitative and qualitative demands of new regulations, such as the Basel Committee on Banking Supervision (BCBS) Fundamental Review of the Trading Book (FRTB) and Interest Rate Risk in the Banking Book (IRRBB).I was part of the Valuations team, and have worked on engagements encompassing the valuation of fixed income financial assets and liabilities, vanilla and exotic derivative financial instruments used by entities for investment and hedging (market and credit risk) purposes, as well as the valuation of complex transaction structures (such as BEE schemes).I performed xVA (CVA/DVA) modelling for portfolios of derivative instruments to quantify the necessary credit risk exposures of each entity and its respective counterparties on behalf of large state-owned enterprises (SOEs). Show less I was a Quantitative Analyst involved in a broad scope of consulting, advisory and audit support (for IFRS disclosure purposes) assignments- encompassing a variety of banking, asset management, insurance, corporate and state-owned clients in South Africa and the broader EMEA region. I was primarily engaged in the Valuations Team, whose predominant area of focus is the mathematical modelling and pricing of a wide range of (traded and non-traded) vanilla and complex primary and derivative (equity, currency, interest rate, fixed income, credit) financial instruments and structured transactions, and the design and calibration of bespoke financial and risk quantification models, including:• Valuation of vanilla interest rate swaps, commodity and cross-currency swaps, FECs, swaptions, path-dependent options, caps and floors, convertible bonds and loans, preference shares, etc.; • Employee share options/schemes (ESOPs, SARs, DBPs, LTIPs, PVRS, etc.); • Valuation of BEE transactions and structures (via Monte Carlo simulation);• Counterparty credit risk (CVA and DVA) modelling;• Performance of Hedge Effectiveness testing.I also participated in Capital and Financial Risk advisory projects, reviewing risk management frameworks and modelling methodologies (Risk Appetite, Basel Pillar 2 Macroeconomic Stress Testing, Sensitivity and Scenario Analyses, and Economic Capital) for banking and insurance clients across a number of risk types (including wholesale and retail credit risk, market risk, liquidity risk, insurance risk and operational risk). Show less

  • Senior Manager

    Sept 2019 - now

  • Manager - Financial Services Advisory

    Mar 2018 - Aug 2019

  • Assistant Manager - Financial Services Advisory (formerly Capital Markets)

    Mar 2017 - Feb 2018

  • Actuarial Analyst/Consultant - Capital Markets | Actuarial and Quantitative Solutions

    Sept 2014 - Feb 2017
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  Barclays Africa Group Limited

  Oct 2014 - Dec 2014

  Seconded to Group Risk (Risk Appetite, Stress Testing and Portfolio Optimisation)

  Assisted in the documentation and review of BAGL's central Risk Appetite setting and Stress Testing (Basel Pillar II macroeconomic, as well as ad hoc Group-level scenario and sensitivity analyses) processes and modelling methodologies, and their interaction with the underlying risk types and business clusters across the Bank.

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  Barclays Africa Group Limited

  Jun 2015 - Oct 2015

  Seconded to Group Non-Traded Market Risk

  Worked within the Non-Traded Market Risk function, focusing predominantly on Interest Rate Risk in the Banking Book (IRRBB) measurement and management within Group Treasury.