Do you enjoy working with numbers and building models?..."> Job: IFRS9 Quantitative Model Development Analyst in Johannesburg - ref: 751676

 

IFRS9 Quantitative Model Development Analyst

 

Recruiter:

e-Volving

Job Ref:

MN_493947269485

Date posted:

Monday, June 28, 2021

Location:

Johannesburg, South Africa

Salary:

Cost To Company Incl Benefits, 700000 - 800000 Annually, Leave, Maternity, Bonus etc.


SUMMARY:

Do you enjoy working with numbers and building models?

Are you someone who not only loves Credit Risk but also are a problem solver with critical analytical thinking

If YES, continue reading and do the right thing, APPLY!



POSITION INFO:

You will be responsible for the following:

 

  • Ensuring a full understanding of the IFRS 9 impairment requirements
  • Developing the IFRS 9 probability of default (PD) and loss given default (LGD) models taking forward-looking information into account
  • Building relationships and liaising with key stakeholders from across the group
  • Understanding the synergies between IFRS 9 and stress testing models; and develop/enhance the stress test models
  • Preparing model development documentation
  • Ensuring a proper audit trail of all the analyses performed to assist the model validation team that has to independently review all models
  • Monitoring the performance of the models over time
  • Monitoring the IFRS 9 stage allocation and ensuring the appropriate quantitative triggers to identify a significant increase in risk
  • Ensuring stakeholder buy-in by preparing and presenting the models at various forums


 

NB! This job is now closed. You can apply for other jobs by uploading your CV.



 

 

 

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