Model Development Analyst

Absa Group

Unknown, Unknown, Unknown
Not specified (assume hybrid based on industry norms).
Credit risk ifrs 9 ecl models
Regulatory capital models (pd, ead, lgd)
Retail portfolio model development
Absa Group is seeking an experienced Model Development Analyst to join their diverse team focused on developing and enhancing credit risk models for their Retail portfolio. The role involves engaging with various stakeholders, performing model development, conducting analyses, and ensuring compliance with governance standards. ###

Job Summary

  • Join a diverse team of dynamic model developers to develop and continuously enhance credit risk IFRS 9 ECL and Regulatory Capital models.
  • Conduct ad-hoc analyses targeted to solve business requirements and engage with various stakeholders within the bank.
  • Ensure full governance processes are followed as documented in the Group Model Risk Policy (GMRP), from inception through validation and sign-off.

Matching Summary

Match Score: 85

Absa Group is seeking an experienced Model Development Analyst to join their diverse team focused on developing and enhancing credit risk models for their Retail portfolio. The role involves engaging with various stakeholders, performing model development, conducting analyses, and ensuring compliance with governance standards. ###

Skills & Requirements

Must-have

  • Credit risk IFRS 9 ECL models
  • Regulatory Capital models (PD, EAD, LGD)
  • Retail portfolio model development
  • Model build, implementation, governance lifecycle
  • Ad-hoc analyses for business requirements
  • Stakeholder engagement within the bank
  • Model development and documentation standards
  • SAS Model Risk Manager (MRM) governance

Nice-to-have

  • Theoretical understanding of model methodologies
  • Tailoring interpretation of results to audience
  • Contributing to high-performance culture
  • Continuous self-development and growth

Key Requirements

  • Bachelor Honours Degree: Actuarial Science, BMI, or Statistics
  • Experience in model development

Work Rights

Not specified

Tailored Resume

Cover Letter