Model Development Manager

Recruiter:

Network Recruitment

Job Ref:

NFP016840/HN

Date posted:

Wednesday, May 27, 2026

Location:

Johannesburg, South Africa

SUMMARY:
Step into a high-impact leadership role where your expertise in credit risk modelling will directly influence strategic decision-making. This opportunity is ideal for a technically strong professional ready to take ownership of complex IFRS9 and Basel models in a fast-paced, high-performing environment.

Join a leading organisation within the financial services sector known for its strong analytical capability and commitment to innovation. This role offers exposure to cutting-edge credit risk modelling practices, regulatory frameworks, and senior stakeholder engagement.
As a Manager within Model Development, you will take ownership of the end-to-end credit risk model lifecycle, from development and validation to governance and implementation. You will act as a trusted advisor to stakeholders, ensuring modelling practices align with regulatory requirements while driving continuous improvement.
This is an excellent opportunity for a candidate looking to work on business-critical initiatives, gain exposure to senior leadership, and grow within a collaborative, technically strong team.
If you are looking to elevate your career and make a meaningful impact—this role is for you.

POSITION INFO:

Key Responsibilities:

Lead the development, enhancement, and implementation of IFRS9 and Basel credit risk models
Engage with stakeholders to translate business requirements into analytical solutions
Present modelling results, insights, and recommendations to senior stakeholders
Ensure compliance with Model Risk Management frameworks and regulatory standards
Support model validation processes and manage submissions to validation teams
Drive continuous improvement by enhancing methodologies and staying ahead of industry trends

Job Experience and Skills Required:

Education:

Honours Degree in a quantitative field (Statistics, Mathematics, Econometrics, Actuarial Science, Quantitative Finance, Data Science or similar)

Experience:

Minimum 5 years’ experience within a quantitative or credit risk modelling environment
Proven experience in IFRS9 and/or Basel regulatory modelling
Experience operating at a senior specialist or management level

Skills:

Strong analytical and problem-solving ability
Advanced stakeholder engagement and communication skills
Proficiency in SAS (advantageous)
High attention to detail and ability to work in a fast-paced, high-pressure environment

Non-negotiables:

Strong understanding of credit risk frameworks and regulatory requirements
Ability to manage multiple priorities and deliver under tight deadlines

Apply now!

For more exciting Finance vacancies, please visit: />I also specialise in recruiting in the following:
- Actuarial Analyst
- Quantitative Analyst
- Risk Management
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.
For more information, contact:
Heidi Joubert
Specialist Recruitment Consultant
Connect with me on LinkedIn!

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