Specialist: Model Governance

1 week ago

Johannesburg, Gauteng, South Africa Absa Group Full time R900 000 - R1 200 000 per year
Empowering Africa's tomorrow, together…one story at a time.

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

The model governance role will play a significant part of model management and supports the success of models by ensuring the required model controls are implemented.

Job Description

The successful candidate has three years work experience in model development with honours degrees in mathematics or statistics.

The role will oversee one dozen machine learning models and will drive the risk management of the machine learning model to ensure the model governance is sound as per the standard and the models perform within the parameters its set out to deliver. The role will work close with the risk management team, the data scientists and the governance teams to ensure the models are fit for purpose.

People Management: Coach, mentor and manage team members toward driving business objectives and ensuring colleague development

Stakeholder Management: Actively engage internal and external stakeholders to ensure customer satisfaction

Business Performance: Ensure own and team performance against business, efficiency and continuous improvement targets, as well as customer outcomes

Compliance and Risk Management: Ensure that all team activities are in adherence to relevant control and compliance requirements, and quality standards

Administration: Effectively fulfil all required administrative duties, including tracking and reporting

Risk analysis: Manage and oversee exercises into risk modelling; assuming responsibility for accuracy, relevance and practical requirements.

Education

Bachelor`s Degrees and Advanced Diplomas: Physical, Mathematical, Computer and Life Sciences (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

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