Before joining Deloitte, Edward completed a MComm in Financial Risk Management at the University of Stellenbosch. Whilst completing his studies, Edward held a junior lecturer position, facilitating Statistics 1 to first-year Economics and Business Management Sciences students. Edward wrote his Master’s thesis on calibrating the probability of default (PD) for low default portfolios (LDP). In this study, Edward compared selected industry models and expanded on the Bayesian approaches by incorporating an extreme value distribution. Since joining Deloitte Edward has been primarily involved in IFRS 9 projects.