Credit Model Validation Expert

2 days ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time
About the Role

The 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 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.

We estimate the salary for this position to be around R1,200,000 - R1,800,000 per annum, depending on experience.

Requirements:

  • 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.


  • Johannesburg, Gauteng, South Africa Nedbank Full time

    Job SummaryWe are seeking a highly skilled Risk Model Validation Expert to join our team at Nedbank. The successful candidate will be responsible for ensuring the accuracy and reliability of our retail credit models, providing expert validation and recommendations to improve model performance.About the RoleThis is a critical role that requires strong...


  • 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, Gauteng, South Africa Nedbank Full time

    Job OverviewNedbank is seeking a highly skilled Risk Model Validation Expert to join our team in Johannesburg.About the RoleThis is a unique opportunity for a seasoned professional with a strong background in risk modeling and validation to contribute to our organization's goal of best practice models in line with regulations and accounting standards.Key...


  • Johannesburg, Gauteng, South Africa Nedbank Full time

    Job DescriptionWe are seeking a highly skilled Senior Retail Model Validation Expert to join our team at Nedbank.About the RoleThis is an exciting opportunity for a talented individual to take on a senior role in validating retail credit risk models and processes. As a key member of our team, you will be responsible for ensuring that our credit risk models...


  • Johannesburg, Gauteng, South Africa Nedbank Full time

    We are seeking a skilled Data Modelling Specialist to join our team in Johannesburg, South Africa.Job Description:The successful candidate will be responsible for the validation of credit risk models and processes, providing input on the build and refinement of credit risk models within the business clusters. This role involves quantitative and qualitative...


  • 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, Gauteng, South Africa Network Recruitment Full time

    Credit Risk Model Development:As a Credit Risk Modelling Expert at Network Recruitment, you will be responsible for developing and maintaining credit risk models that support business decisions.Key responsibilities include developing and maintaining Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) models using Moody's Risk...


  • Johannesburg, Gauteng, South Africa E-Merge Full time

    An esteemed financial services organisation in Africa seeks a Data Modeling Expert to design, produce, analyse and enhance predictive models across the entire credit life cycle.About UsE-Merge is an African financial services organisation that offers a broad spectrum of financial solutions. We are known for our great culture, leadership, learning...

  • Data Analysis Expert

    3 weeks ago


    Johannesburg, Gauteng, South Africa Isilumko Staffing (JHB) Full time

    Job Title: Data Analysis Expert - Senior Credit Risk ModellingAbout Us: Isilumko Staffing (JHB) is a leading recruitment agency providing top talent to various industries. Our commitment to excellence and customer satisfaction sets us apart from the rest.Overview: We are seeking an exceptional Data Analysis Expert - Senior Credit Risk Modelling with 10+...

  • Data Analysis Expert

    4 weeks ago


    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    We are seeking a highly skilled Data Analysis Expert to join our team at Network Recruitment.About the RoleThis role involves working with various stakeholders to identify and assess risks, as well as developing and implementing strategies to mitigate them. You will be responsible for analyzing complex data sets, identifying trends and patterns, and...


  • Johannesburg, Gauteng, South Africa Network Contracting Full time

    Job Description:">We are seeking a detail-oriented expert with a background in financial services and products on a 6-month contract basis. This role requires a strategic thinker with 10+ years of experience in analyzing complex business processes, defining problem statements, and delivering practical solutions to meet business objectives.">This role focuses...


  • Johannesburg, Gauteng, South Africa FirstRand Corporate Centre Full time

    About the RoleWe are seeking an experienced Lead Model Risk Validation Specialist to join our team at FirstRand Corporate Centre in Johannesburg, Gauteng.Job SummaryThe successful candidate will lead the Credit Risk Independent Validation function within Group Model Risk Management, shaping this function to support the Group's Model Risk Management Strategy....


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    **Validate and Assess: Model Performance and Regulatory ComplianceFine-tune Models: Collaboration and Continuous ImprovementStay Ahead: Regulatory Updates and Best PracticesAbout the RoleWe're looking for an experienced Credit Risk Model Assurance Analyst/Financial Modeling Validation Specialist to join our dynamic team at Network Recruitment in Cape Town....


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    We are seeking a highly skilled Quantitative Credit Risk Analyst to lead the development and maintenance of critical tools and infrastructure that aggregate credit risk exposures across the Group.About the RoleCredit Risk Aggregation: Implement tools like economic capital and earnings at risk models to offer a comprehensive view of the clients credit risk...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Network Recruitment is seeking a highly skilled Quantitative Credit Modeler to join our team. This is a challenging and rewarding role that requires expertise in credit risk modeling, regulatory compliance, and stakeholder engagement.About the RoleThe successful candidate will be responsible for developing, refining, and validating credit risk models across...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    At Network Recruitment, we are seeking a highly skilled Credit Quantitative Consultant to join our team.This exciting role presents an opportunity to utilise your expertise in credit risk modelling to drive business growth and success.The successful candidate will be responsible for developing, refining, and validating credit risk models across various...


  • Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Isilumko Staffing is seeking a Senior Credit Risk Modelling Business Analyst to join their JHB team on a 6-month contract.Key Highlights:Estimated salary: R1,200,000 - R1,800,000 per annumNo less than 6-10 years' experience in data/business analysis with credit risk modelling, data sourcing within a financial service sectorModel deployment process...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    We are seeking a highly skilled Quantitative Credit Analyst to lead the development and maintenance of critical tools and infrastructure that aggregates credit risk exposure across the Group.Key Responsibilities:Credit Risk Aggregation: Implement tools like economic capital and earnings at risk models to offer a comprehensive view of the clients credit risk...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Risk Management ExpertWe are looking for a skilled risk management expert to lead our credit risk model development team. The ideal candidate will have experience in developing and maintaining credit risk models that support business decisions.About the Opportunity:This is an exciting chance to contribute to our company's risk management strategy and drive...


  • Johannesburg, Gauteng, South Africa FirstRand Corporate Centre Full time

    Job OverviewThis role is a critical component of our organisation's efforts to enhance the efficiency and effectiveness of credit risk modelling approaches.Key ResponsibilitiesTo research, develop, and implement credit risk modelling techniques that address new requirements across the group, ensuring alignment with regulatory developments and best...