Quantitative Specialist: Credit Impairments

Recruiter:

Kamo Placements

Job Ref:

JHB000571/m

Date posted:

Friday, February 12, 2021

Location:

Centurion, South Africa

Salary:

Annually

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

POSITION INFO:

JOB DESCRIPTION

Develop and Runs Impairment (Expected Loss) Models

Development and/or implementation of statistical models to implement the IFRS9 Credit impairment models
Develop diagnostic method to quantify changes in provision due to both external and internal
Changes to credit risk environment.
Integration of enterprise wide stress testing requirements into the IFRS9 Credit Impairment model and to determine the potential impact on impairment provisions

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.
Maintain "overwrite statistics"

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’ experience in Quantitative Analyst in a credit granting environment and in financial markets.
3-2 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

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

Similar jobs you might be interested in:

Lead Data Governance
Location: Johannesburg
Salary: Annually
Are you ready to lead a data transformation at scale? This is a rare opportunity to join South Africa’s market leader in alternative risk transfer solutions and take ownership of building a best-in-class Data Management and Analytics Centre of Excellence. In this role, you will shape enterprise-wide data governance and analytics strategies that deliver measurable business value.
2 days ago

Senior Actuarial Analyst
Location: Johannesburg
Salary: Annually
Own the analytics engine behind South Africa’s debt review (DR) performance. This role is ideal for an analytics leader who thrives on turning complex lifecycle data into predictive insight, sharper workflows, and measurable collections uplift. You’ll build a single source of truth across Active DR, Pre-Termination, and Terminated DR (TDR), translating data into real operational and fi...
2 days ago

Non-Life Actuarial Manager
Location: Johannesburg
Salary: Annually
Are you a qualified Actuary looking to take ownership of complex, high-impact projects within the short-term insurance space? This is an exciting opportunity to join a progressive actuarial consulting firm where your technical expertise will directly influence strategic decision-making for leading insurers across South Africa.
2 days ago

Non-Life Actuarial Manager
Location: Johannesburg
Salary:
Non-Life Actuarial ManagerAre you a qualified Actuary ready to lead complex projects and deliver innovative solutions in the short-term insurance space? This is your chance to join a dynamic consulting firm where your technical expertise will shape strategic decisions for leading insurers across South Africa.Our client is a fast-growing actuarial consulting firm renowned for technical excellence a...
2 days ago

Senior Actuarial Analyst
Location: Johannesburg
Salary:
Own the analytics engine behind South Africa’s debt review (DR) performance. If you love turning complex lifecycle data into predictive models, sharper workflows, and higher collections, this role lets you build the single source of truth for active DR, pre-Term, and TDR—translating insight into operational and financial impact.
6 days ago

Lead Data Governance
Location: Johannesburg
Salary:
Lead Data Governance: Are you ready to lead a data revolution? Join South Africa’s market leader in alternative risk transfer solutions and take charge of building a world-class Data Management and Analytics Centre of Excellence. This is your opportunity to shape enterprise-wide data governance and analytics strategies that drive real business impact.
6 days ago

Actuary Manager
Location: Johannesburg
Salary: Market Related
If you’re a commercially minded Actuary who thrives at the intersection of strategy, analytics, and relationship-building, this opportunity is your next big move. Join a dynamic organisation where your actuarial insight directly guides client solutions, pricing strategy, and sustainable growth.
6 days ago

Actuary Manager
Location: Johannesburg
Salary: Market Related
If you’re a commercially minded Actuary who thrives at the intersection of strategy, analytics, and relationship-building, this opportunity is your next big move. Join a dynamic organisation where your actuarial insight directly guides client solutions, pricing strategy, and sustainable growth.
6 days ago

Corporate Finance Specialist
Location: Johannesburg
Salary: 900000 Annually
Exciting Opportunity: Corporate Finance specialist | Johannesburg / Cape Town
7 days ago

Data Scientist
Location: Pretoria
Salary:
Data ScientistAre you a Data Scientist who wants to do more than just analyse data?This is your chance to influence business strategy, design cutting-edge models, and deliver insights that top-tier organisations act on.Join a forward-thinking analytics environment where data science is the engine driving client strategy—not just a support function. You’ll work on complex datasets, AI-d...
24 days ago

Quantitative Specialist: Credit Impairments

Similar jobs you might be interested in:

Create a free job alert for Quantitative Specialist: Credit Impairments in Centurion