Manager Model Development - Johannesburg, South Africa - Absa Bank Limited

Absa Bank Limited

Verified Company

Johannesburg, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

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

Join a diverse team of dynamic model developers.

We are looking for an experienced Model Development Manager with a background as a quantitative analyst developing PD, LGD and EAD models for Impairments (IFRS9) in a banking or consulting environment.

Job Description:

You will be responsible for managing the development and continuous enhancement of impairment (IFRS9) models within a retail portfolio, contributing to the entire credit risk model build, implementation, and governance lifecycle.
You will be leading a team of modelling analysts and your role will include mentoring, performance management, and technical upskilling.
You will be accountable for ensuring that all activities and duties are carried out in full compliance with policies, procedures and regulations.
You will also play an active role in providing directional expertise to enhance model building skills across the team, including transferring knowledge and experience to junior team members and peers, and keep up with industry trends to ensure increased capacity to build scorecards.
Your ability to effectively manage business stakeholders is key.

Education

Bachelor's Degrees and Advanced Diplomas:
Business, Commerce and Management Studies (required)