Senior Risk Modeller

23 hours ago


Johannesburg South, South Africa Network Recruitment Full time

Company Overview:

We are a leading recruitment agency, Network Recruitment, providing innovative solutions for clients and candidates alike.

Job Summary:

We seek an experienced Senior Risk Modeller to join our team in Johannesburg. The ideal candidate will have 5 years of banking experience and hands-on expertise in developing and maintaining credit risk models (PD, LGD, etc.) for retail and investment portfolios.

Key Responsibilities:

  • Implement economic capital and earnings at risk models to deliver a holistic view of credit risk exposures.
  • Maintain, update, and validate credit risk models in line with annual requirements.
  • Analyse portfolio changes and aggregate risk exposures across all business units.
  • Collaborate with the Head of Credit to set and cascade credit risk limits.
  • Partner with business units to refine portfolios and leverage credit tools to enhance alignment with risk strategies.
  • Support business units by refining models for probability of default (PD), loss given default (LGD), and other critical metrics.

Required Skills and Qualifications:

  • Honours Degree in Finance, Financial Engineering, Quantitative Analytics, Actuarial Science, or a related field.
  • Expertise in Economic Capital Modeling and tools for aggregating credit risk exposures.
  • Strong technical analysis, problem-solving, critical thinking, and data analytics skills.

Salary: R1,200,000 per annum.

Benefits: We offer a competitive salary package, opportunities for career growth and professional development, and a dynamic work environment.



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