Senior Quantitative Analyst: Retail Model Validation

19 hours ago

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 economic capital as well as credit impairments and the rating processes This is to contribute to the goal of best practice models in line with regulations and accounting standards (where applicable) in order to facilitate world class risk management.The role provides in-depth exposure to the bank’s credit risk measurement models used for the calculation of regulatory and economic capital, as well as credit impairments. Your work will be focused on Wholesale credit models and you will be required to interact with senior modellers on a regular basis. The role offers high visibility as analyses and reports will be tabled at board level committees, the South African Reserve Bank (SARB) and the bank’s internal and external auditors.- **Responsibilities**:

- Subject matter expert - Provide input/assistance in the build and refinement of credit risk models within the business clusters.
- Enhancements to existing models - Independent development of models to assess potential for improvement on existing ones.
- Liaising with the stakeholders - Liaising with the business, credit, and senior modellers to ensure that the validation process and feedback are optimised. Preparing and presenting reports to senior management.
- Change facilitation - Facilitate improvement in credit risk models and processes.
- Organisational learning - Knowledge sharing, research and mentoring of junior staff members and graduates, including skill transfer.
- Documentation - Document work performed and findings of validations. Prepare balanced and objective written communications to various stakeholders, including SARB, the external auditors of the bank and the Board.
- Essential Qualifications - NQF Level- Advanced Diplomas/National 1st Degrees
- Preferred Qualification- Post graduate degree in Statistics/Mathematics, CFA/ FRM/CQF- Minimum Experience Level- 6-8 years working experience as a Senior Quantitative Analyst: Retail Model Validation with a focus in Wholesale risk modelling, validation or credit management environment, with a strong preference for AIRB or IFRS 9 modelling. Do you have 6-8 years working experience as a Senior Quantitative Analyst: Retail Model Validation with a focus in Wholesale risk modelling, validation or credit management environment, with a strong preference for AIRB or IFRS 9 modelling.

**Technical / Professional Knowledge**
- Industry trends
- Microsoft Office
- Principles of project management
- Relevant regulatory knowledge
- Relevant software and systems knowledge
- Risk management process and frameworks
- Business writing skills
- Microsoft Excel
- Business Acumen
- Quantitative Skills
- Behavioural Competencies- Applied Learning
- Coaching
- Communication
- Collaborating
- Decision Making
- Continuous Improvement
- Quality Orientation
- Technical/Professional Knowledge and Skills

**Declaration**

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

  • Quantitative Analyst: Retail Model Validation

    1 week ago

    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...

  • Quantitative Analyst: Retail Model Validation

    2 months ago

    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...

  • Senior Quantitative Analyst: Retail Model Validation

    2 months ago

    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...

  • Quantitative Analyst: Wholesale Validation

    7 months ago

    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...

  • Quantitative Analyst: Wholesale Model Validation

    2 weeks ago

    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...

  • Model Validation Analyst

    4 weeks ago

    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...

  • 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...

  • Financial Modeling Validation Specialist

    3 weeks ago

    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...

  • Quantitative Analyst

    3 days ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 115696- Tshego Semenya- 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 as well as credit...

  • Senior Quantitative Analyst

    3 days ago

    Johannesburg, South Africa IQbusiness South Africa Full time

    Are you a Quantitative Analyst looking to deepen your experience in Consulting, Advisory and Research? IQbusiness is a leading independent management consulting firm. We are looking for Quantitative Analyst to join our Quantitative Advisory Services team that has experience in predictive analytics or providing analytical inputs into financial and risk...

  • Model Validation Analyst

    4 weeks 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...

  • Model Validation Analyst

    4 weeks 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...

  • Quantitative Analyst

    4 months ago

    Johannesburg, South Africa Nedbank Full time

    **Quantitative Analyst: Credit Model Validation** **Requisition Details & Talent Acquisition Consultant** - REQ 135873 Thembi Mtshali- Location: Johannesburg- Closing date: 25 September 2024- Job Family- Investment Banking - Career Stream- Quantitative - Leadership Pipeline- Manage Self: Professional - FAIS Affected**Job Purpose** - The validation of the...

  • Senior Quantitative Analyst

    7 months ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition and Talent Acquisition Consultant Details** REQ 134023 - Twanette Coetser PIPELINE ADVERT **Location and Cluster** Total Business Banking and Retail - CDR 135 Rivonia Campus, Sandton **Career Stream** Quantitative **Leadership Pipeline** Manage Self: Professional **Senior Quantitative Analyst** **Job Purpose** To develop and...

  • Senior Quantitative Analyst Lead

    3 weeks ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Job SummaryNetwork Recruitment is seeking a highly experienced Senior Quantitative Analyst Lead to lead and manage a team of quantitative analysts in the development of innovative credit risk scorecards.About the RoleThe ideal candidate will have a strong background in credit risk analytics, leadership experience, and the ability to mentor and inspire a...

  • Model Risk Validations Lead

    19 hours ago

    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...

  • Senior Analyst Model Validation

    7 months 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...

  • Senior Quantitative Analyst

    3 days ago

    Johannesburg North, South Africa KHS Recruitment Full time

    **Purpose of the job**: - To plan, build and implement innovative quantitative analytic methodologies, procedures, products and models within a broad framework/principles in order to enhance and inform strategic decisions in the relevant Product House. - To provide analytical support and interpret insights to address business opportunities and problems. -...

  • Senior Model Risk Analyst

    2 months ago

    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...

  • Senior Quantitative Analyst

    7 months ago

    Johannesburg, South Africa Nedbank Full time

    **Job Title: Senior Quantitative Analyst - Credit Risk Assurance** - Are you a smart, driven, curious and collaborative quantitative analyst? Leverage your deep, technical credit risk knowledge to deliver lasting value in this challenging Group Risk role. You will be exposed to all aspects of credit risk across the Group, and you will provide assurance that...