Quantitative Specialist: Credit Impairments

 

Recruiter:

Fempower

Job Ref:

737564566

Date posted:

Wednesday, October 5, 2022

Location:

Pretoria, South Africa


JOB SUMMARY:
-

JOB DESCRIPTION:

Our client has an opportunity available for a Quantitative Specialist in Credit Impairment based in Centurion.

Requirements:

  • B Degree in Applied Mathematics, Statistics or Accounting.
  • 3 years’ experience in Quantitative Analysis in a credit granting environment and in financial markets.
  • 2-3 years’ experience in Statistical Software.
  • Willing to travel and work extended hours when required.
  • Critical Competencies:
    • SAS Programming or Statistical software
    • Microsoft Office
    • BASEL 3
    • IFRS
    • Data Analysis
    • Financial Risk Management Principles.

 

Responsibilities:

  • Develop and Run Impairment Models.
  • Develop and implement statistical models to implement the IFRS9 Credit impairment models.
  • Provide information to both internal and external auditors to ensure their accurate understanding and analysis of the asset portfolio.
  • Develop statistical, analytical models to analyse the portfolio.
  • Maintain databases on defaults and assist in the design, development, implementation, and maintenance of data structures and data extracts.
  • Develop and perform processes for model monitoring.
  • Perform routine analysis for model performance monitoring and model review.
  • Develop and maintain documentation of procedures and processes.
  • Obtain and conduct data analysis required for stress testing model development.
  • Write or assist in the drafting of ad hoc and recurring reports.
  • Work closely with subject matter experts to understand and interpret data.
  • Perform ad-hoc analyses as and when needed.

 


 

 

 

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