Credit Risk Model Assurance Analyst

5 days ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time

**Validate and Assess: Model Performance and Regulatory Compliance

Fine-tune Models: Collaboration and Continuous Improvement

Stay Ahead: Regulatory Updates and Best Practices

About the Role

We'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. In this role, you'll be responsible for driving the validation of cutting-edge financial models and ensuring their accuracy and reliability.

Your Key Responsibilities:

  • Validate and assess the performance of credit risk models
  • Collaborate with model developers to fine-tune model performance and real-world applicability
  • Conduct rigorous stress testing, sensitivity analysis, and model back-testing
  • Evaluate and ensure compliance with regulatory frameworks related to credit risk and capital management
  • Prepare detailed reports and present findings to senior management
  • Stay current with regulatory updates and best practices in the credit risk field

Your Requirements:

  • At least 35 years of 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

Our Offer:

A competitive annual salary of around $120,000, depending on experience, and opportunities to develop your skills and advance in your career in the exciting field of credit risk modeling and validation.



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