Manager Model Risk Validation - Johannesburg, South Africa - Absa Bank Limited

Absa Bank Limited
Absa Bank Limited
Verified Company
Johannesburg, South Africa

1 week ago

Thabo Mthembu

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Thabo Mthembu

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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


The Independent Validation Unit within Model Risk is looking to hire a Model Validation Analyst to conduct the validation of models focuses on identifying, mitigating and monitoring of key model risks.

The Model Risk function is a group level function that covers all models used across AGL.

This role will provide you with the opportunity to engage with various stakeholders across all business units and hence allow you to build an excellent understanding of the bank.


Job Description:


  • You will conduct validations on a diverse range of AGL models, produce validation reports, negotiate the findings & actions with internal & external stakeholders and influence the continuous improvement of model quality & use.
  • Opportunities to gain experience across validation teams and within the greater Model Risk team are possible and encouraged by management.
  • Risk Management: Providing Subject Matter Expertise to Risk types
  • Stakeholder Management: Build and Maintain effective Relationships with relevant stakeholders

Risk Reporting:
Identify, assess and Report key risks arising from significant events, investigations, audit and control issues

  • Risk and Control: Adherence to Policies, Procedures and Regulations

Qualifications:
BSc Maths/Stats/Actuarial Science

Years of experience: 5 years

Education


Bachelor's Degree:
Actuarial Science

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