Financial Risk Modelling Analyst

2 weeks ago


Cape Town, Western Cape, South Africa Network Recruitment Full time

At Network Recruitment, we are seeking a skilled Financial Risk Modelling Analyst to join our dynamic Credit Risk team.

Job Summary

We are looking for an experienced professional to develop and validate cutting-edge credit risk models using statistical and machine learning techniques. As a key member of our team, you will analyse portfolio performance, identify key risk drivers, and work closely with stakeholders to implement risk strategies that align with regulatory requirements and business goals.

Key Responsibilities
  • Develop and validate credit risk models (PD, LGD, EAD) using advanced statistical and machine learning techniques.
  • Analyse portfolio performance and identify key risk drivers to guide decision-making.
  • Collaborate with stakeholders across business units to implement risk strategies that meet regulatory requirements and business objectives.
  • Conduct stress testing and scenario analysis to ensure resilience across economic conditions.
  • Provide actionable insights from data and contribute to risk mitigation initiatives.
Requirements

To be successful in this role, you will need:

  • A degree in Mathematics, Statistics, Actuarial Science, or a related field (Advanced degrees are an asset).
  • Proficiency in tools like Python, R, SAS, SQL, or MATLAB.
  • A solid understanding of credit risk frameworks and regulations (e.g., Basel, IFRS 9).
  • Strong analytical and problem-solving skills, with attention to detail.
  • The ability to work in a fast-paced environment and deliver high-quality results.
What We Offer

As a Financial Risk Modelling Analyst at Network Recruitment, you can expect:

  • An estimated salary range of $120,000 - $150,000 per annum, depending on experience.
  • A competitive benefits package, including health insurance, retirement savings plan, and paid time off.
  • Ongoing training and development opportunities to enhance your skills and knowledge.


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