Audit Portfolio Manager: Model Risk

2 weeks ago

Johannesburg, South Africa Nedbank Full time

**Requisition Details & Talent Acquisition Consultant**
- REQ 126452- Tshego Semenya**Cluster**
- Group Risk**Career Stream**
- Auditing**Leadership Pipeline**
- Manage Self Professional**Position**
- Audit Portfolio Manager: Model Risk**Job Purpose**
- To deliver on the annual audit plan thereby providing reasonable assurance to stakeholders that key risks are being mitigated through adequate and effective management controls in accordance with Group Internal Audit (GIA) methodology.- Each model audit assesses model design, model documentation, quality of model inputs and data, model implementation (usage) and model governance. It assesses the following models: Credit Risk Models, Market Risk Models, IFRS9, Pricing Models, Liquidity Risk Models, Pillar II Risk Models, Stress Testing Models, Regulatory & Economic Capital Models, Financial Crime Risk Models, Affordability Models/Tools.**Responsibilities**:

- Reviewing key aspects of each model under review: model design, model documentation, quality of model inputs, model implementation and model governance
- Performing audit fieldwork in terms of the audit program.
- Documenting the audit testing performed.
- Stakeholder engagements on audit issues identified.
- Drafting of audit report: including executive summary and detailed audit findings.
- Evaluating and monitoring of corrective actions taken to address control weaknesses identified.
- Attendance of key risk committee and technical risk committee meetings where relevant
- Interaction with the regulating authorities on model related matters.

**Minimum Experience Level**
- 4- 7 years extensive experience in model development, testing and validation or Model/Quantitative risk Audit (preferably within the banking or similar financial services industry);
- Ability to operate independently with mínimal supervision;
- Knowledge of statistical, financial, risk and quantitative methods;
- Proficiency in programming software packages such as SAS, SQL, R, VBA, PYTHON and MATLAB.
- Understanding of credit, operational, market and liquidity risk models as defined by Basel II & III will be advantageous
- A comprehensive understanding of relevant financial services regulatory frameworks and compliance requirements as well as practical experience of these.
- Extensive internal/external audit and / or risk management experience in banking
- Actuarial and/or Market Risk experience.(e.g., engineering), or a Chartered Accountant with credit risk experience.

**Essential Qualifications - NQF Level**
- Advanced Diplomas/National 1st Degrees

**Preferred Qualification**
- Degree in Mathematics, Financial Mathematics, Statistics, Economics or Actuarial Science, or a quantitative discipline (e.g., engineering), or a Chartered Accountant with credit risk experience.

**Preferred Certifications**
- Certified Information Systems Auditor (CISA) and optional Certified Internal Auditor (CIA)
- Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA) or Certified Financial Services Auditor (CFSA)

**Technical / Professional Knowledge**
- Audit reporting
- Audit standards and practices
- Banking knowledge
- Governance, Risk and Controls
- Ethics and Fraud
- Reputational risk management
- Information technology
- Business writing skills
- Regulatory, Legal and Economics Principles
- Business Acumen

**Disclaimer**

**_Please contact the Nedbank Recruiting Team at +27 860 555 566_**
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_

  • Audit Portfolio Manager: Credit Risk

    2 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 126437- Tshego Semenya**Cluster** - Group Risk**Leadership Pipeline** - Manage Self Professional**Position** - Audit Portfolio Manager - Credit**Job Purpose** - To conduct portfolio audits and manage stakeholder relationships to ensure risk is mitigated in accordance to Nedbank Group...

  • Audit Portfolio Manager: Markets

    6 days ago

    Johannesburg, South Africa Six Sense Full time

    A well-established company is seeking to appoint Audit Portfolio Manager: Markets (Models). **Qualification**: - Advanced Diplomas/National 1st Degrees - CA (SA) **Experience**: - Certified Information Systems Auditor (CISA) optional Certified Internal Auditor (CIA) - Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA) or...

  • Audit Portfolio Manager

    2 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 124134 - Tshego Semenya**Job Family** - Risk, Audit and Compliance**Portfolio** - Wealth (Wealth Management, Asset Manager and Insurance)**Reporting Into** - Senior Manager: Wealth**Division/Cluster** - Group Internal Audit**Career Stream** - Auditing**Leadership Pipeline** - Manage Self...

  • Audit Portfolio Manager: Credit Risk

    5 days ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Consultant** - REQ 131836 - Tshegofatso Semenya**Job Family** - Risk, Audit and Compliance**Career Stream** - Auditing**Leadership Pipeline** - Manage Self Professional**PURPOSE OF GROUP INTERNAL AUDIT (GIA)** - The purpose of GIA is to provide independent, objective assurance to the Nedbank Group Limited Board of...

  • Internal Auditor Model Risk

    2 hours ago

    Johannesburg, Gauteng, South Africa Absa Group Limited Full time

    Job title : Internal Auditor Model Risk - WholesaleJob Location : Gauteng, JohannesburgDeadline : April 17, 2025Quick Recommended LinksJobs by Location Job by industries Job SummaryThe Wholesale Model Risk Audit AVP role is responsible for providing assurance that the models within ABSA wholesale are managed in line with the model risk policy and that they...

  • Audit Portfolio Manager

    4 weeks ago

    Johannesburg, South Africa Kolano Investment Solutions (Pty) Ltd Full time

    **Purpose**: To deliver on the annual audit plan thereby providing reasonable assurance to stakeholders that key risks are being mitigated through adequate and effective management controls in accordance with Group Internal Audit (GIA) methodology. **The Audit Portfolio Manager, in the discharge of his/her duties, shall be accountable**: - Comply with...

  • Audit Manager: Credit Risk

    2 weeks ago

    Johannesburg, Gauteng, South Africa Old Mutual Full time

    Job title : Audit Manager: Credit RiskJob Location : Gauteng, JohannesburgDeadline : April 04, 2025Quick Recommended LinksJobs by Location Job by industries Job DescriptionThe Credit Risk Audit Manager is responsible for execution of audits focused on Credit Risk Management within OML. This role includes managing audit delivery and ensuring timely and...

  • Audit Portfolio Manager

    2 weeks ago

    Johannesburg, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition Contact 116315 - Debbie Fuyani **Location **JHB - Sandown **Cluster **Nedbank Group Internal Audit Career Stream Auditing Leadership Pipeline Manage Self Professional **Position **Audit Portfolio Manager - Group Internal Audit Operations **Job Purpose** - The purpose of GIA is to provide independent,...

  • Audit Portfolio Manager: Card, Payments

    2 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 118149- Tshego Semenya**Cluster** - Group Risk**Career Stream** - Auditing**Leadership Pipeline** - Manage Self Professional**Position** - Audit Portfolio Manager: Card, Payments**Job Purpose** - To conduct portfolio audits and manage stakeholder relationships to ensure risk is mitigated in...

  • Specialist Model Risk Auditor

    4 weeks ago

    Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: - Credit risk models - Market risk models - Operational risk models - Pricing models, - Liquidity risk models - Pillar II Risk Models - Stress testing models - Regulatory and Economic capital models **experience and qualifications**: - A Business Mathematics/Actuarial/Financial...

  • Internal Auditor Model Risk

    1 week ago

    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 Summary To...

  • Audit Portfolio Manager

    5 days ago

    Johannesburg, South Africa CyberPro Consulting Full time

    **Job Information**: Work Experience - 6-8 yearsIndustry - Financial ServicesSalary - 650 - 800phCity - JohannesburgState/Province - GautengCountry - South AfricaZip/Postal Code - 2000**Job Specification: Audit Portfolio Manager with Digital and Data Experience**:** Job Title**: Audit Portfolio Manager** **About the Company**: CyberPro Consulting is a...

  • Manager Model Risk Validation

    2 weeks ago

    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...

  • Head: Risk Governance and Portfolio

    4 days ago

    Johannesburg, South Africa Affirmative Portfolios Full time

    **Finance** **JHB North** ***: **OUTLINE** **Head: Risk Governance and Portfolio Management** **PERMANENT** **JOHANNESBURG NORTH** Group Risk, Risk Governance and Portfolio Management **Reports to** - Divisional Executive: Group Risk **Overview about the Position**: - Formulation and Review of the Risk Appetite Framework, including adoption of best...

  • Risk Modeling Expert

    1 day ago

    Johannesburg, Gauteng, South Africa Communicate Recruitment Full time

    Role Summary:We are seeking a Risk Modeling Expert to join our team at Communicate Recruitment. This role involves leveraging expertise in quantitative modeling and data analysis to support credit risk assessment, pricing strategies, and portfolio management.About the Position:Develop and enhance credit risk models and methodologies.Perform complex data...

  • Audit Portfolio Manager: Compliance

    7 days ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact **REQ 114961- Tshego Semenya **Job Family** Risk, Audit and Compliance **Career Stream** Auditing **Leadership Pipeline** Manage Self Professional **Position **Audit Portfolio Manager: Compliance & AML **Job Purpose** To manage and lead a team of professionals to deliver the annual audit plan...

  • Analyst Model Risk Validation

    2 weeks ago

    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...

  • Audit Portfolio Manager: Corporate and Investment

    3 weeks ago

    Johannesburg, South Africa Praesignis (Pty) Ltd Full time

    Qualifications Required: Essential qualifications required: - Accounting or Finance related degree - Chartered Financial Analyst (CFA); or - Financial Risk Manager (FRM); or - Professional Risk Manager (PRM); - CA (SA) would be advantageous. Experience Required: The following minimum experience is required: - Five years or more financial services...

  • Risk Modeller

    5 days ago

    Johannesburg, Gauteng, South Africa FNB Namibia Full time

    FNB Namibia is looking for a skilled Risk Modeller to join our team in the Acquisitions/Originations function. The successful candidate will be responsible for developing and maintaining complex mathematical models to support business decisions.As a key member of the credit acquisition team, you will work closely with stakeholders to develop and implement...

  • Head Risk Governance and Portfolio Management

    3 weeks ago

    Johannesburg, South Africa Data Centrix Full time

    **Qualifications and Requirements** - Chartered Accountant (CA), MCom degree or equivalent post graduate qualification; - 10 to 15 years relevant experience in a financial institution - Working experience of Basel framework, models and principles - Experience in Portfolio management and reporting, including to senior committees. - Experience and knowledge of...