Specialist: Quantitative Analyst

2 weeks ago


Sandton, South Africa Absa Bank Limited Full time

Bring your possibility to life Define your career with us
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary

Do you want to be part of a go-to quant team that develops trusted model solutions for business stakeholders? Would you like to future-proof your career in a challenging and changing business environment through growing your exposure to the data and statistics field?

Join a diverse team of dynamic model developers. We are looking for experienced Model Development Analysts with a background as quantitative analysts developing PD, LGD and EAD models for Regulatory Capital and Impairments (IFRS9) models in a banking or consulting environment.

**Job Description**:
Bring your possibility to life Define your career with us

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

Do you want to be part of a go-to quant team that develops trusted model solutions for business stakeholders? Would you like to future-proof your career in a challenging and changing business environment through growing your exposure to the data and statistics field?

Join a diverse team of dynamic model developers. We are looking for experienced Model Development Analysts with a background as quantitative analysts developing PD, LGD and EAD models for Regulatory Capital and Impairments (IFRS9) models in a banking or consulting environment.
- We will expect you to ensure model build data are of sufficient quality.
- Complete statistical data analysis and produce model build documentation in an unambiguous and concise manner.
- Have the ability to integrate technical statistical experience and business knowledge.
- Ensure successful implementation of models by assisting the model implementation team through answering technical questions around the model workings.
- Ensure full governance processes for modelling are complied with from model inception and build through to validation and sign-off by completing all relevant documentation according to the Absa Model Risk Policy.

Please submit your full CV and academic transcripts when applying.

Education

Bachelor's Degrees and Advanced Diplomas: Physical, Mathematical, Computer and Life Sciences (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_



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