Model Validation Specialist: Wholesale Credit Risk

4 days ago


Johannesburg, Gauteng, South Africa Nedbank Full time
About You:

We are seeking a highly skilled and experienced individual to fill this key role within our Wholesale division.

Main Responsibilities:
  • The validation function assures the Board, external auditors, and SARB of the high standard and regulatory compliance of credit risk models, rating processes, and IFRS 9 impairment models.
  • The ideal candidate will blend excellent communication, report writing, project management, and general credit knowledge with solid technical expertise.
  • You will be required to interact with senior modelers on a regular basis and provide constructive challenge to business and recommend improvements to models as a subject matter technical expert.
Requirements:
  • Advanced Diplomas/National 1st Degrees
Preferred Qualifications:
  • Honours degree in Statistics/Mathematics/Econometrics/Finance/Actuarial Science or related quantitative discipline.
Technical Exposure:
  • Knowledge of IFRS 9 Financial Instruments standard for the calculation of credit impairments is an advantage.
  • Industry trends.
  • Microsoft Office.
  • Principles of project management.
  • Relevant regulatory knowledge.
  • Risk management process and frameworks.
  • Business writing skills.
  • Coaching.
  • Communication.
  • Decision Making.
  • Quality Orientation.
  • Technical/Professional Knowledge and Skills.


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