Quantitative Specialist: Credit Impairments (12 Months Fixed Term Contract)

 

Recruiter:

Kamo Placements

Job Ref:

JHB000867/m

Date posted:

Monday, March 28, 2022

Location:

Centurion, South Africa

Salary:

Annually


JOB SUMMARY:
Ensures that credit impairment model development, adheres to consistency and quality standards, and follow the guidance of corporate policies and procedures and regulatory requirements

JOB DESCRIPTION:

JOB DESCRIPTION
Develop and Runs Impairment (Expected Loss) Models
  • Develop diagnostic method to quantify changes in provision due to both external and internal
  • Changes to credit risk environment.
  • Provides information to both internal and external auditors to ensure their accurate understanding and analysis of the asset portfolio
General modelling responsibilities
  • Develops and performs processes for model monitoring.
  • Completes testing on model assumptions, theory, empirical evidence, implementation and limitations.
  • Perform routine analysis for model performance monitoring and model review, maintaining current model inventory for validation and audit compliance.
General Reporting & Research
  • Prepare reports and presentations, delivering information for use in Executive level reports and financials
  • Write or assist in the drafting of ad hoc and recurring reports.
  • Work closely with subject matter experts to understand and interpret data.

JOB REQUIREMENTS


Preferred Minimum Education and Experience
  • B Degree in Applied Mathematics, and / or Statistics / Accounting
  • 3 years Quantitative Analyst in a credit granting environment and in financial markets.
  • 2 - 3 years’ experience in Statistical Software


Critical Competencies
  • SAS Programming/ Statistical software 4
  • Microsoft Office 5
  • BASEL 3
  • IFRS (relevant standards) 4
  • Data Analysis 5
  • Financial Risk Management Principles

 

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