Key Model Risk Analyst

5 days ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time
{"Job Title" : "Senior Model Risk Analyst"}

**Job Summary:**
A Senior Model Risk Analyst ensures compliance with model risk governance by monitoring model performance, identifying limitations, and collaborating with the Quant Risk team to resolve issues. The role involves re-certifying models, addressing shortcomings, and aligning with market changes and new business opportunities, while working with cross-functional teams to ensure models remain robust, well-documented, and updated as needed.

**Job Purpose:**
• Perform full recertification or affirmation of model parameters and performance based on inventory and review schedules.
• Identify Model Risks: Assess model risks during certification reviews.
• Materiality Assessments: Design and implement materiality assessments and monitoring for limitations with the Quant Risk team.
• Understand Operational Constraints: Analyze and incorporate physical operational constraints into model representations when necessary.
• Performance Review: Conduct performance reviews, including convergence tests and other performance evaluations defined in the model.
• Documentation & Version Control: Ensure models are properly documented, version-controlled, and validated for a clear audit trail.

**Requirements:**
• Bachelor's Degree in quantitative disciplines such as Economics, Mathematics, Actuarial Science, Statistics, or Financial Engineering.
• A minimum of 3-7 years of experience in model risk management, validation, and control, with in-depth knowledge of regulatory frameworks (e.g., IFRS, PRA) and experience using risk modeling tools (e.g., Python) and model validation methodologies.

**About the Role:**
This is an exciting opportunity to join Network Recruitment and contribute to the development of a strong model risk governance framework. If you are a senior model risk analyst looking for a new challenge, please apply directly. For more finance jobs, please visit Network Recruitment's website for more information.

  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Key ResponsibilitiesWe are seeking a highly skilled Quantitative Analyst to join our team at Network Recruitment. As a key member of our credit risk modeling team, you will be responsible for building and reviewing credit risk models, coding and automating financial risk management models, and mentoring junior team members.Qualifications and ExperienceA...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Key ResponsibilitiesWe are seeking a highly skilled Credit Risk Analyst to join our team. The successful candidate will be responsible for developing and reviewing credit risk models, managing projects from planning to execution, coding and automating financial risk management models, and fostering a coaching culture within the team.Skills and...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Job Purpose:Perform comprehensive model recertification and review to ensure compliance with governance policies.Identify and assess model risks to mitigate potential threats.Design and implement materiality assessments and monitoring in collaboration with the Quant Risk team.Analyze and incorporate operational constraints into model representations when...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    **About the Role**Network Recruitment is seeking a skilled Quantitative Analyst to join our forward-thinking team specializing in market risk quantification and balance sheet management.As part of our Quantitative Analytics and Liquidity Risk Management division, you'll contribute to innovative solutions that drive the effective management of market risks,...

  • Senior Risk Analyst

    1 month ago


    Johannesburg, Gauteng, South Africa IT Ridge Technologies Full time

    Job Title: Senior Risk AnalystWe are seeking a highly skilled Senior Risk Analyst to join our team at IT Ridge Technologies. As a key member of our Business Unit, you will be responsible for providing strategic risk management and analysis to support our corporate objectives.Key Responsibilities:Develop and implement risk management strategies to mitigate...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Job Title: Quantitative AnalystKey Responsibilities:Model DevelopmentBuild and review credit risk models (IFRS9, scorecards, etc.) for provisioning and regulatory capital.Coding & AutomationUse Python, R, and SAS to code and automate financial risk management models.MentorshipCoach and train junior team members, fostering a collaborative and coaching...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Senior Model Risk Analyst Job DescriptionJob Purpose:Modelling Risk Governance: Ensure compliance with Model Risk Governance by monitoring model performance, identifying limitations, and collaborating with the Quant Risk team to resolve issues.Recertification & Review: Perform full recertification or affirmation of model parameters and performance based on...

  • Senior Risk Analyst

    4 weeks ago


    Johannesburg, Gauteng, South Africa IT Ridge Technologies Full time

    Job Title: Senior Risk AnalystWe are seeking a highly skilled Senior Risk Analyst to join our team at IT Ridge Technologies. As a key member of our team, you will be responsible for providing strategic risk analysis and management services to support our business objectives.Key Responsibilities:Develop and implement risk management strategies to mitigate...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    We are seeking a skilled Quantitative Analyst to contribute to our analytical excellence in managing and mitigating financial risks. The ideal candidate will have a background in impairments and a passion for driving financial insights.About the RoleIn this critical role, you will apply your expertise in quantitative analysis and impairments to develop...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    {"Role Overview": "Network Recruitment is seeking a talented Quantitative Credit Risk Analyst to work in a dynamic and fast-paced environment.", "Key Responsibilities": "Support the development of impairment and regulatory type models.Perform monthly portfolio monitoring and periodic monitoring of the models.Source, consolidate, and analyse large data...

  • Senior Risk Analyst

    2 days ago


    Johannesburg, Gauteng, South Africa Planned Talent Full time

    Planned Talent is seeking a highly skilled Senior Risk Analyst to strengthen its non-life insurance team. This role involves conducting monthly capital calculations and supporting IFRS 17 modelling to enhance capital forecasting for the Own Risk and Solvency Assessment (ORSA).Key responsibilities include:Developing and maintaining capital models to inform...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Key ResponsibilitiesWe are seeking a highly skilled Quantitative Analyst to join our team at Network Recruitment. The successful candidate will be responsible for assisting in the development of impairment and regulatory models, including Impairment, Capital (Regulatory & Economic), and Stress Testing models.Key responsibilities include:Developing and...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Job Title: Quantitative Credit AnalystWe are seeking a highly motivated and experienced Quantitative Credit Analyst to join our team. As a key member of our credit risk management team, you will be responsible for developing, validating, and maintaining quantitative credit risk models to assess credit exposure.Key Responsibilities:Develop and maintain...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    About the RoleWe are seeking a highly skilled Quantitative Analyst to join our team and contribute to our analytical excellence in managing and mitigating financial risks. As a key member of our team, you will apply your expertise in quantitative analysis and impairments to develop models and strategies that enhance our financial decision-making...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Quantitative Credit Analyst Job DescriptionNetwork Recruitment is seeking a highly motivated and experienced Quantitative Credit Analyst to join their team. As a key member of the credit risk management team, you will be responsible for evaluating credit risk, developing risk models, and providing insights that support the company's credit risk management...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Quantitative Credit Analyst Job DescriptionNetwork Recruitment is seeking a highly motivated and experienced Quantitative Credit Analyst to join their team. As a key member of the credit risk management team, you will be responsible for evaluating credit risk, developing risk models, and providing insights that support the company's credit risk management...

  • Credit Risk Analyst

    6 days ago


    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Key ResponsibilitiesWe're seeking a skilled Credit Risk Analyst to develop, refine, and validate credit risk models across various product types and portfolios.Responsibilities include:Ensuring regulatory compliance with IFRS 9 and Basel standardsEngaging with internal and client management during engagementsAssisting with marketing and sales efforts,...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Job Title: Credit Risk Quant AnalystWe are seeking a highly skilled Quantitative Credit Risk Analyst to join our team at Network Recruitment. As a key member of our team, you will be responsible for assisting with credit risk model reviews and development for impairment, helping clients improve their credit risk management strategies, and engaging with a...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    About This OpportunityNetwork Recruitment is seeking a skilled Quantitative Credit and Impairments Analyst to support a leading insurance firm.Key ResponsibilitiesContribute to the development of impairment and regulatory models, including Impairment, Capital (Regulatory & Economic), and Stress Testing models.Perform monthly and periodic portfolio and model...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    About the RoleWe are seeking an experienced Quantitative Analyst to join our team at Network Recruitment. As a critical member of our dynamic team, you will apply your expertise in quantitative analysis and impairments to develop models and strategies that enhance our financial decision-making processes.Key Responsibilities:Develop and implement quantitative...