This is a remote position.
To design, develop, and maintain credit risk, impairment (IFRS 9) , and capital models (BASEL) in compliance with IFRS 9 and Basel regulatory frameworks. The role ensures accurate measurement of expected credit losses, capital adequacy, and supports strategic risk management decisions.
Key Responsibilities
- Model Development & Validation
- Build and validate IFRS 9 ECL models and Basel capital models using advanced statistical techniques. Key point on model documentation and the ability to deal audit queries.
- Regulatory Compliance
- Ensure adherence to IFRS 9, Basel II/III, SARB ( and other African countries) guidelines, and internal governance standards.
- Data Analytics & Reporting
- Analyze portfolio trends, impairment drivers, and capital requirements; produce regulatory and management reports.
- Stakeholder Engagement
- Communicate complex modelling outputs to senior management, auditors, and regulators.
- Model Risk Management
- Maintain documentation, perform back-testing, and manage model risk across the lifecycle.
Requirements
Qualifications
- Education: Degree in Quantitative Finance, Statistics, Mathematics, or related field; postgraduate qualification preferred.
- Experience:
- Strong knowledge of impairment modelling and governance
- Working knowledge of capital adequacy and RWA
- Independently develop and validate models
- Advanced coding and data manipulation
- Interpret portfolio trends and impairment drivers
- Ensure models meet regulatory standards
- Explain technical outputs to business stakeholders
- Mentor junior analysts
- Technical Tools: SAS, SQL, Python; advanced Excel and data visualisation tools (powerBI).
