Have completed a bachelors degree (Honours preferrable) in one of the following disciplines: Statistics, Mathematics, Quantitative Risk Management, Engineering, Actuarial science, Data science or similar. Have up to 3 years of financial modelling, risk modelling and/or model validation experience within a banking context. Proficiency in programming languages that can include SAS, SQL, Excel, Python and R. Experience with the following model types/usage advantageous: Group Treasury Credit risk regulatory capital and provisioning models Insurance Advanced Analytics Responsibilities: Perform tasks that include model independent validation, reporting, presenting at governance committees, shaping of frameworks, researching methodologies, etc, that contribute to the management of model risk. Review and/or reperform model building process. Document and communicate independent validation findings, corrective actions and advise on model appropriateness Apply risk proportionate approach to different model validations. Assess the adequacy and/or best practice in strategy, frameworks, policies and business process alignment to modelling practice. Present to designated validations committee independent validation outcomes and corrective actions. Communicate effectively and maintain a good relationship with key stakeholders. Optimise processes through continuous updates to frameworks and governance design. #J-18808-Ljbffr
Model Risk Specialist
BOARDROOM APPOINTMENTS
johannesburg, johannesburg
Published 14 days ago
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