Senior Analyst: Capital and Impairment Model

5 days ago

Johannesburg, South Africa Be Different Recruitment Full time

Gauteng
- ,
- JHB - Northern Suburbs
- Plus Medical Aid, Pension Fund, Provident Fund, Preferential Banking Rates
- Our client, one of the biggest banks in South Africa based in Johannesburg who is a firm believer in technical innovation and leading-edge financial solutions is urgently looking for a Senior Analyst: Capital and Impairment Model Development to ensure the optimal development, enhancement, deployment, maintenance and monitoring of impairment models within Capital and Impairment Model Development.
Ensure models developed are of high quality and the required governance of model changes, and accounting and Reserve Bank regulations are adhered to.

**In order to be considered the following is required**:

- Honours Degree in Mathematical Sciences
- 3-4 years’ experience with data mining and retail credit risk modelling
- Technical model development and implementation experience in the banking sector
- Experience in building PD, LGD and EAD models end-to-end, through to implementation
- Understanding of the use and impact of impairment models in retail banking or a retail lending environment
- Understanding of the purpose and operation of impairment models
- Communication skills, in particular, communication of technical concepts to a non-technical audience

**Responsibilities**:

- Developing and maintaining capital and impairment models
- Liaise with business partners to ensure models are fit for purpose, can be effectively implemented, and are effectively monitored
- Ensure development and implementation of models following the department’s agreed policy, procedures and processes
- Provide the bank's model validation team with adequate technical information to allow them to discharge their obligation to independently validate new and amended models
- Analyse ongoing performance of models and identify key areas for redevelopment and provide feedback in order to ensure that business partners at all times are aware of model performance
- Address related adhoc queries
- Produce reports on the performance of all models on a regular basis (as agreed with stakeholders)
- Ensure that reports are detailed to suit the level of the audience
- Identify and analyse model risks and performance proactively in order to take mitigating action to improve model performance where required
- Maintenance and regular updating of model validation log.
- Address audit findings timeously and ensure that open items are closed out appropriately
- Build and maintain credible relationships with internal and external stakeholders
- Interaction with validation and audit on credit and impairment model related queries
- Assist and motivate members in the team to upskill

Information displayed above not limited to advertisement. Please contact for further information.
- For more information please contact:

- Miller Mkandhla

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