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    Steve Xing

    Director, Economics, Valuation and Modelling Group at Deloitte

    Professional Background

    Steve Xing is a highly accomplished Modelling Lead within the Economics, Valuation and Modelling Group specifically tailored for the Financial Services Industry. With over 12 years of robust experience under his belt, he has established himself as a noteworthy professional dedicated to delivering exceptional valuation and modelling services for a diverse clientele spanning the financial services sector. Steve’s deep expertise and rigorous analytical skills have been instrumental in facilitating significant transformations and enhancements for industry-leading financial institutions.

    Throughout his career, Steve has successfully led a variety of critical projects to completion, including major PRA (Prudential Regulation Authority), EBA (European Banking Authority), and ICAAP (Internal Capital Adequacy Assessment Process) stress testing initiatives. His proficiency particularly shines in areas related to Finance Modelling, Data Consolidation, and Reporting, particularly pertaining to pre-provision net revenue modeling. These projects have solidified his reputation as a trusted advisor within the banking and financial services landscape.

    Steve's extensive technical skill set encompasses calculation engines built with Excel, Visual Basic (VB), Access, SQL, integrated financial statement projections, data modelling and analytics, as well as cash flow modelling for various product portfolios—both commercial and retail, including secured and unsecured loans. His solid analytical framework allows financial institutions to operate more efficiently while mitigating risks.

    Education and Achievements

    Steve Xing embarked on his academic journey at the esteemed University of York, where he laid the groundwork for his successful career in finance and modelling. He has since attained remarkable professional credentials, becoming a chartered accountant with the Institute of Chartered Accountants in England and Wales. Additionally, Steve holds the prestigious Chartered Financial Analyst® (CFA) designation—certifying his expertise in investment analysis and portfolio management.

    His career is characterized by his tenure at major organizations in the financial services sector. Currently, Steve serves as a Director at Deloitte, where he leads the Economics, Valuation and Modelling Group. His previous roles have included Assistant Director at EY in the Financial Services Business Modelling division, Head of Analytics at Rutley Capital Partners, and Senior Associate in Financial Modelling at KPMG's Financial Services Advisory.

    Steve has also developed robust working relationships with some of the most significant players in the financial services sector, including Barclays, Credit Suisse, HSBC, Standard Chartered, and numerous others. His experience also extends to working with private equity firms such as Cerberus, Cinven, and J.C. Flowers. Notably, he has engaged with government institutions like UK Asset Resolution, making his contributions both multifaceted and impactful.

    Notable Achievements

    Steve's addendum of expertise goes beyond technical skills and experiences; he is a recognized thought leader in the financial services domain. His ability to define and shape business cases stands out, particularly in the areas of cost-benefit management and programme finance governance. He has played a pivotal role in leading Finance workstreams for major clients in the insurance and asset management sectors, including AXA, Aviva, and Zurich. His efforts have not only influenced organizational strategies but have also been vital for aligning financial outcomes with operational goals.

    Steve’s role in pivotal transformation projects further showcases his ability to enhance the capacity and agility of financial organisations to navigate complex regulatory landscapes while driving innovative solutions. His collaborative approach, combined with a strategic mindset, enables him to ensure that stakeholders are aligned and committed to achieving common goals.

    Conclusion

    In summary, Steve Xing is an exemplary leader in the financial services modelling and valuation space, armed with an impressive educational background and an extensive professional history. His proficiency in managing high-stakes financial projects, coupled with his analytical acumen and leadership capabilities, positions him as an invaluable asset to any organization striving for excellence in financial modelling and valuation. With a proven track record of delivering tangible results on time and budget, Steve is well-poised to continue making significant contributions to the financial services industry as a dynamic leader who embraces change and innovation.

    Related Questions

    How did Steve Xing develop his expertise in financial modelling and valuation?
    What notable projects has Steve Xing led in the Financial Services sector?
    How has Steve Xing's experience shaped his leadership style in major transformation projects?
    What are the key skills that contribute to Steve Xing's success as a Modelling Lead?
    In what ways has Steve Xing influenced business case definitions in the financial services industry?
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    Location

    London, United Kingdom