Quantitative Analyst - Cape Town, South Africa - Independent Actuaries & Consultants

Description

Quantitative Analyst

We are seeking a highly skilled quantitative analyst with expertise in credit risk, specifically IFRS 9 and IFRS 13, as well as experience in R and Python.

As a Quantitative Analyst, you will be responsible for developing and implementing quantitative models for assessing and managing credit risk in our organization.

Remuneration:
(Market related, based on experience)


Location:
Cape-Town or Johannesburg


Qualification:

Master's degree or higher in Mathematics, Statistics, Economics or related fields.
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Knowledge and skills

• At least 35 years of experience in credit risk modelling and analysis.
• Strong programming skills in R and Python.
• Expertise in IFRS 9 and IFRS 13 standards.
• Knowledge of banking regulations related to credit risk management.
• Excellent analytical and problemsolving skills.
• Strong communication skills with the ability to convey technical concepts to nontechnical stakeholders.

Responsibilities:

• Develop and implement quantitative models for credit risk assessment and management in accordance with IFRS 9 and IFRS 13 standards.
• Collect, process, and analyse credit data from various sources.
• Conduct statistical analysis of credit data and identify trends and patterns.
• Build and maintain credit risk models using R and Python.
• Collaborate with risk management and credit teams to ensure the models are effective and meet regulatory requirements.
• Develop and document model assumptions, methodologies, and limitations.
• Communicate complex quantitative analyses and results to nontechnical stakeholders.

IAC Offers:

• Competitive remuneration structure.
• A flexible work environment.
• Experience across various disciplines.
• Interaction with other technical teams.

Ability to commute/relocate:

• Cape Town,

Western Cape:
Reliably commute or planning to relocate before starting work (required)


Experience:

- credit risk modelling and analysis: 3 years (required)
- skills in R and Python.

Expertise in IFRS 9 and IFRS 13: 2 years (required)

Application Deadline: 2023/03/27