How do you define success?
Does a business need to be driven by passion in order to make money? When is it better to go with your heart not your head? Is that ever the right way? Intrigued to know more? Then why not join us.
What can you do in Business & Financial Advisory?
Business & Financial Advisory is...
Our people are engaged in some of the most exciting and challenging projects our clients are tackling. Here are just a few examples.
In the NHS we trust
We worked with the largest NHS Trust in the country who were facing losses of £200 million as well as care quality issues. We found that hospital ward managers often had excellent clinical experience but limited management skills. Working alongside the Trust personnel, we developed and delivered training packages covering ward management, rostering, budgets and financial efficiency. The results: Empowered, happier staff. Better planning and care. And a significant reduction in financial losses.
Financial Services Verification tool
Working with our Financial Crime colleagues, we’ve built a product for financial institutions that can help them verify identity. If a company does not have sufficient information about a client, that client might be able to launder money or participate in other corrupt activities, with no red flags being raised. Potentially, this could lead to serious legal issues and even regulatory fines.
Helping to create a New Look
Following a challenging trading performance and over-rented UK store estate we advised retail giant New Look to help restore long term probability via a company voluntary arrangement (CVA). This involved reviewing the existing store portfolio, company performance and working with key stakeholders to ensure they would support the company voluntary arrangement. The CVA was approved with 98% of creditors voting in favour of the proposals.
Forecasting insight in an instant
We have developed DICE – Distributed Intelligent Calculation Engine –a process that takes a large set of data, splits it into lots of smaller tasks, and executes calculations on multiple virtual computers simultaneously. This means we can generate almost instant forecast insight. We can also present it through interactive data visualisations which enable clients to get to the heart of the matter faster, as well as share the information more easily.
Our world is rapidly changing. Innovation is critical. Everything we do here is built on a culture of constant development and adoption of innovative ideas – be that cutting-edge technologies, or smaller quick wins like automating repetitive processes and developing new working methods.
For example, we’ve developed SMART ID, a technology solution that makes it easier for customers to manage their identity information by reducing the number of places they need to maintain it.
We’ve created a Cloud based solution enabling organisations to manage lease portfolios and calculate vital information to meet legal regulations. And developed a licenced subscription service that tackles complex, and potentially costly, tax reporting requirements.
We challenge ourselves every day to deliver bold new services and solutions to our clients. And if you see a way of improving how we work internally, put your hand up. Tell us. There is no such thing as a bad idea.
You’re not just joining a firm; being part of Deloitte means being part of the world around you so we positively encourage you to volunteer and get involved in your local community. You can volunteer to work with organisations supporting children and youth, community, disability, education and training, ex-military, and the homeless.
And if you have an idea or passion for something we’re not currently involved in, let us know, or take on the challenge of organising it yourself and inspiring others to join in.
What do our people say?
Tell us about your business area. What are the best things about it?
There is a significant amount of legislation and regulatory standards in place to safeguard organisations against financial crime risks. We help our clients understand these and remain compliant with everything they need to. This could be in relation to money laundering, terrorist financing, bribery and corruption, fraud, weapons proliferation, and much more.
There are amazing opportunities to work with high profile clients, such as global banks, and with very senior members of the Deloitte teams. I love that my job really makes a difference - I enjoy seeing clients make changes based on the feedback and recommendations that we’ve made.
Obviously the work is challenging, but I thrive on that. We work to a lot of tight deadlines, but as a team we make sure we plan tasks ahead of time. I’ve learnt to manage my time well and I know I can ask for support if I need it.
What’s special about the people of Deloitte?
I’m surrounded by a team of very talented people; I learn so much from them. There is a lot of diversity in experience and skills too, I love that everyone has a different story – some have a legal background, some are physicists, and some have always been involved with compliance work and financial crime.
My managers are very supportive and always encourage me to push my boundaries. And there is a great culture of respect and inclusion; I definitely feel like I can bring my true self to work which is really important to me.