Analyst Model Development

2 weeks ago

Johannesburg, Gauteng, South Africa Absa Bank Limited Full time
Bring your possibility to life Define your career with us

  • With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary


To provide specialist advice and support in the development and implementation of quantitative analytics, planning and associated service delivery processes, methods and techniques; enabling the provision of sound product development expertise.


Job Description:

Accountability:
Model development

  • Develop IFRS9 and/or Regulatory Capital models inhouse through sound methodologies and statistical analysis.
  • Enhancing / refreshing existing models already in place.
  • Proficiency in SAS coding is essential.
  • Updating models to reflect latest forecasted macroeconomic factors; and communicating this impact.
  • Testing that model build data is of sufficient quality and completing statistical data analysis to ensure this.
  • Producing detailed model build documentation.
  • Assisting the model implementation team through answering technical questions around the model workings (inputs to the model, calculations performed, etc.) and with testing (comparing implementation results with documented model) to ensure the model is implemented correctly
  • Ensure full governance processes for modelling are complied with from model inception and build through to validation and signoff by completing all relevant documentation according to the Absa Model Risk Policy. This includes responding to Independent Review questions and reworking the model build to resolve issues raised.
  • Provide detail around the appropriateness of models.
  • Perform and report impact analysis, including that of model updates.
  • Work in a manner that allows models to easily be revisited or handed over.

Accountability:
Stakeholder management

  • Present impacts of model updates / model refreshes.
  • Generate appropriate challenge on model builds from around the cluster by discussing model build detail and ideas.
  • Manage key stakeholders across the business by ensuring their issues, objectives and priorities are reflected in the agreed solutions.
  • Explaining methodologies and data feeds to stakeholders when needed.
  • Develop and maintain relationships with relevant business units by understanding the business units' requirements and obtaining feedback.
  • Interact with Credit teams when details of their operational processes is required to understand the data / incorporate into the model methodology.

Accountability:
Consultancy

  • Share insights on the models for which you are responsible for. E.g., on the data used to build the model, drivers of the model, methodology, etc.
  • Perform analysis on models to understand impacts, changes, etc.

Accountability:
Governance and Adherence

  • Familiarise yourself with Absa's internal Model Risk Governance requirements and relevant Standards.
  • Familiarise yourself with the regulations which govern model methodologies.
  • Ensure that work which is performed adheres to the above.

Qualifications:

  • Statistics/Mathematics or similar
  • Bachelor Honours Degree:
Actuarial Science, or

  • Bachelor Honours Degree:
Applied Mathematics, or

  • Bachelor Honours Degree:
BMI - Business Management and Informatics, or

  • Bachelor Honours Degree:
Mathematics, or

  • Bachelor Honours Degree:
Statistics

  • SAS programming proficiency
  • Years of experience: 5 years
Education

Bachelor's Degrees and Advanced Diplomas:
Physical, Mathematical, Computer and Life Sciences (required)

  • Absa Bank Limited reserves the right not to make an appointment to the post as advertised_

  • Model Development Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryAutomation...

  • Analyst Model Development

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Full time

    Analyst Model Development page is loaded Analyst Model Development Apply remote type Hybrid locations Johannesburg time type Full time posted on Posted 2 Days Ago job requisition id R Empowering Africa's tomorrow, story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career...

  • Manager Model Development

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryJoin a...

  • Analyst Model Development

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Empowering Africa's tomorrow, together one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryTo...

  • Manager - Model Development

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryThe manager...

  • Manager Model Development

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryJoin a...

  • Model Risk Monitoring Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryAs an...

  • Data Modeller

    2 weeks ago

    Johannesburg, Gauteng, South Africa eSoft Development and Technologies Full time

    Design, implement and document data modelling solutions which include but not limited to the use of relational, dimensional and NoSQL databases Develop and maintain conceptual, logical and physical data models as required by the business units and their various programmes Identify and adopt an enterprise data model as a standard for data model designs to...

  • Data Modeler

    2 weeks ago

    Johannesburg, Gauteng, South Africa PBT Group Full time

    Data Modeler required for a vacancy at PBT Group.Duties: Create and implement comprehensive logical and physical data models. Perform detailed data analysis in order to develop the data warehouse's / BI solution's data model. Involved in the requirements definition process. Assist the ETL Analysts / Business Analysts with the specification of the source to...

  • Senior Data Analyst and Modeller 2023-11

    2 weeks ago

    Johannesburg, Gauteng, South Africa H2R Africa Full time

    The senior data analyst will have a key role to interface with business users to understand the data requirements and must further interface with the CDP data architecture and modelling teams to ensure unified data models Minimum 5 years in a datacentric environment working in either SQL Data-Warehousing, Analytics or as a dedicated Data-Modeller Above...

  • Senior Data Modeller

    2 weeks ago

    Johannesburg, Gauteng, South Africa eSoft development and technologies Full time

    Our client wants to grow their team and we are looking for a Senior Data Modeller(X1) for 12 months with a possibility of extension.Objective of this Scope of WorkThe Data Modeller Specialist will drive improvement of the data management maturity levels and provide the necessary technical support to Project Everest, Risk Unit Management and FX Monitoring...

  • Senior Data Science Analyst- Model Validation

    2 weeks ago

    Johannesburg, Gauteng, South Africa Standard Bank Of South Africa Limited Full time

    Senior Data Science Analyst- Model Validation Job Overview Business Segment: Group Functions Location: ZA, GP, Johannesburg, Baker Street 30 Perform initial and ongoing validations of models for both the retail and wholesale areas of the bank, including machine learning models and provide thought leadership on leading edge data science and artificial...

  • Analyst Model Risk Validation

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryThe...

  • Senior Analyst Model Validation

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryThe...

  • Data Modeler

    2 weeks ago

    Johannesburg, Gauteng, South Africa Qinfo Consulting Full time

    JOB PROFILE :Data ModellerJOB CLASSIFICATIONJOB FAMILYInformation TechnologyCAREER STREAMDataJOB TITLEData ModellerLEADERSHIP PIPELINEManage Self: TechnicalOFO CODEFAIS AFFECTEDNoREPORTING STRUCTUREWhich role would this typically report into?Snr managerWhich roles (if any) would report into this role?In my area, no other roles currently report into Data...

  • Data Modeler

    2 weeks ago

    Johannesburg, Gauteng, South Africa iCore Full time

    Looking for a Data Modeler at one of our client locations JohannesburgQualifications: Minimum of 4-year tertiary qualification in Engineering, Data Sciences, Computer Science, or IT Experience working with conventional relational database management systems and new Big Data Platforms and Systems. Understanding of entityrelationship modeling techniques....

  • Analyst Model Validation

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Empowering Africa's tomorrow, together one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryJob...

  • Model Risk Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Communicate Recruitment Full time

    Looking for a talented and driven Model Risk Manager to join our teamWe are a leading financial institution seeking an experienced Manager with expertise in credit, market risk, and insurance modeling. As the Model Risk Manager you will be responsible for ensuring that all models used by the company are accurate, reliable, and meet regulatory...

  • Alm Model Development Lead

    2 weeks ago

    Johannesburg, Gauteng, South Africa Rmb Full time

    ALM Model Development Lead page is loaded ALM Model Development Lead Apply locations Johannesburg time type Full time posted on Posted Yesterday job requisition id R13729 Job DescriptionTo plan, build, optimise and implement innovative quantitative analytical methodologies, procedures, products and advancedmathematical models that provide analytical support...

  • Business Development Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Glencore Full time

    We are looking for a motivated Business Development Analyst, as a member of a proactive and committed team responsible for mergers and acquisitions as well as general business development in both the Ferroalloys and Coal South Africa businesses.Key responsibilities: Project management – strategic analysis and valuation as well as transaction and...