Model Validation Analyst

4 days ago


Johannesburg, South Africa Network Recruitment Full time

Summary: Ready to take your expertise in credit risk to the next level? This role offers you the chance to drive the validation of cutting-edge financial models in a fast-paced, dynamic environment. Based in Cape Town, at the forefront of ensuring model accuracy, compliance, and reliability in the credit risk space. If you're passionate about data and decision-making, this is the perfect opportunity for you. Qualifications: A Degree in Mathematics, Statistics, Actuarial Science, Engineering, or a related field. 35 years of hands-on experience in credit risk modeling, validation, or related quantitative roles. Strong proficiency in Python, R, or SAS for model evaluation and data analysis. In-depth knowledge of credit risk frameworks, including Basel, IFRS 9, and BCBS239. Strong understanding of credit risk modeling techniques, such as PD, LGD, EAD, and credit scoring. Duties and Responsibilities: Validate and assess the performance of credit risk models, ensuring they align with industry standards and regulatory requirements. Collaborate with model developers to enhance model robustness and real-world applicability. Conduct rigorous stress testing, sensitivity analysis, and model back-testing to ensure reliability and accuracy. Ensure compliance with regulatory frameworks related to credit risk and capital management. Prepare detailed reports and present findings to senior management, highlighting areas for improvement and actionable insights. Stay on top of regulatory updates and best practices in the credit risk field. Apply now For more Actuarial and Analytics jobs, please visit If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions. For more information contact: Adon Abrahams Senior Specialist Consultant: Actuarial & Analytics adabrahamsnetworkfinance.co.za



  • Johannesburg, 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 The...


  • Johannesburg, 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...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    **Financial Modeling Validation SpecialistCredit Risk Model Assurance AnalystJoin Network Recruitment in Cape Town as a Financial Modeling Validation Specialist/Credit Risk Model Assurance Analyst. We seek an experienced professional with 35+ years of hands-on experience in credit risk modeling, validation, or related quantitative roles. This role involves...


  • Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - 120002 - Debbie Fuyani**Location** - JHB**Cluster** - Nedbank Group Risk- Career Stream- Quantitative - Leadership Pipeline- Manage Self: Professional **Position** - Senior Quantitative Analyst: Retail Model Validation**Job Purpose** - The validation of the models used for the calculation regulatory and...


  • Johannesburg, South Africa Jobted ZA C2 Full time

    Summary: Ready to take your expertise in credit risk to the next level? This role offers you the chance to drive the validation of cutting-edge financial models in a fast-paced, dynamic environment. Based in Cape Town, at the forefront of ensuring model accuracy, compliance, and reliability in the credit risk space. If you're passionate about data and...


  • Johannesburg, South Africa Network Recruitment Full time

    Summary:Ready to take your expertise in credit risk to the next level? This role offers you the chance to drive the validation of cutting-edge financial models in a fast-paced, dynamic environment. Based in Cape Town, at the forefront of ensuring model accuracy, compliance, and reliability in the credit risk space. If you're passionate about data and...


  • Johannesburg, South Africa Network Recruitment Full time

    Summary: Ready to take your expertise in credit risk to the next level? This role offers you the chance to drive the validation of cutting-edge financial models in a fast-paced, dynamic environment. Based in Cape Town, at the forefront of ensuring model accuracy, compliance, and reliability in the credit risk space. If you're passionate about data and...


  • Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 120529- Tshego Smeneya**Career Stream** - Quantitative **Leadership Pipeline** - Manage Self: Professional **Position** - Quantitative Analyst: Retail Model Validation**Job Purpose** - The validation of the models used for the calculation regulatory and economic capital as well as credit...


  • Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: - Lead the independent validation function within Group Model Risk Management and shape this function to appropriately support the Group’s data and analytics strategy. Drive enhancements to modelling across the group, through oversight and ownership of the independent validation...


  • Johannesburg, 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 You...


  • Johannesburg, South Africa FirstRand Full time

    Job Description Lead the Credit Risk Independent Validation function within Group Model Risk Management and shape this function to appropriately support the Group’s Model Risk Management Strategy. Drive enhancements to modelling across the group, through oversight and ownership of the independent validation function, model governance processes,...


  • Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Consultant** - REQ 137060 - Thembi Mtshali- Location: Johannesburg**Cluster** - Group Risk**Career Stream** - Quantitative **Leadership Pipeline** - Manage Self: Professional **Job Purpose** - The validation of the models used for the calculation of regulatory and economic capital as well as credit impairments and...


  • Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ: 137534 - Talent Acquisition Contact: Lerato Sithole - Cluster: Group Risk - Location: 135 Rivonia Road, Nedbank Head Office, Sandton - Job Family - Investment Banking - Career Stream - Quantitative - Leadership Pipeline - Manage Self: Professional - FAIS Affected **Job Purpose** - The validation of...


  • Johannesburg, South Africa H2R Africa Full time

    Our client, a leading and International Mining Company, has a contract vacancy for a Senior Data Analyst and Modeller. The senior data analyst will be responsible for building, optimizing, and maintaining conceptual and logical data models to ingest and curate data from source systems into an **Azure data lake**. The models must comply with the governance...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    **Job Title:** Data Model Validation Expert The **Network Recruitment** team is seeking an experienced Data Model Validation Expert to join their team in Cape Town. As a key member of the credit risk modeling validation team, you will be responsible for ensuring the accuracy and reliability of financial models used in the credit risk space. Key...


  • Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Consultant** - REQ 137058 Thembi Mtshali- Location: Johannesburg- Job Family- Investment Banking - Career Stream- Quantitative - Leadership Pipeline- Manage Self: Professional - FAIS Affected**Job Purpose** - The validation of the models used for the calculation of regulatory and economic capital as well as credit...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    About the RoleThe Credit Model Validation Expert will play a crucial role in ensuring the accuracy and reliability of our credit risk models. Based in Cape Town, this expert will collaborate with model developers to enhance model robustness and real-world applicability.Responsibilities:Validate and assess the performance of credit risk models, ensuring they...


  • Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 127731- Tshego Semenya**Cluster** - Group Risk**Career Stream** - Quantitative **Leadership Pipeline** - Manage Self: Professional **Position** - Quantitative Analyst: Wholesale Model Validation**Job Purpose** - The validation of the models used for the calculation regulatory and economic capital...


  • Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: - To lead the independent validation function within Group Model Risk Management and shape this function to appropriately support the Group’s data and analytics strategyTo drive enhancements to modelling across the group, through oversight and ownership of the independent...


  • Johannesburg, South Africa Glencore Full time

    **Job highlights** - Full time - Johannesburg, Gauteng, South Africa - Market Risk **Job ID** - R200000898**Closing date** - 01/11/2024**Last Updated** - 24/10/2024*** **Senior Model Risk Analyst** Reference Number: HRR0001057 Location: Melrose Arch, Johannesburg, South Africa Department: Risk function Reporting to: Product Risk Lead **JOB...