Model Validation Analyst

20 hours ago

Cape Town, Western Cape, South Africa Weplace Full time R6 000 000 - R7 000 000 per year
Our Banking client is looking for a Model Validation Analyst to work on end-to-end model validations across different domains and to build challenger models to ensure accuracy, reliability, and compliance of the bank's models.

About The Role/Team:
The Model Validation team provides assurance on the accuracy, robustness and governance of models. The unit plays a central role in supporting sound risk management, financial decision-making and regulatory compliance. Their work spans a variety of domains, including credit risk, finance, capital modelling, and fraud detection. The team collaborates closely with modelling and business units, offering technical challenge and validation expertise to ensure models remain fit-for-purpose in an evolving environment. 
 
Requirements:
  • Proven 3-6 years' experience in scorecard building, including developing, validating, and monitoring scorecards for credit risk application/behaviour models or marketing purposes. This experience will be used in the role to challenge models presented to the team and to build challenger models.
  • Experience with data mining used for analyses and predictive modelling.
  • Full understanding of the credit lifecycle.
  • Strong analytical ability, with attention to detail and the ability to work across multiple model types.
  • A collaborative mindset with the ability to engage effectively across technical and business teams. 
Education
  • Minimum: Degree in Mathematics, Statistics, Actuarial Science or Data Science. 
  • Ideal or Preferred: Honours Degree in Data Science, Statistics, Mathematics or Actuarial Science. 
 Conditions of Employment
  • Clear criminal and credit record
Should you not receive a response from us within one week of your application, your application has unfortunately not been successful.
 
You can visit our website for more vacancies: / LinkedIn

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