Job DescriptionPerform initial and ongoing validations of Credit Risk models for the Personal and Business Banking portfolios.
Think critically and manage Model Risk for the aforementioned models.The model types include Basel capital parameter models such as Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) models.
Other model types include but are not limited to Application and Behaviour Scorecards, Impairment models, Stress Testing models and Pricing models.Assess models against regulations and internal bank policies.Work with large datasets and different coding environments.Review and use cutting-edge development techniques.QualificationsMinimum Qualifications3-year degree in Statistics; Mathematics; Data Science or Actuarial Science.Honours Degree in Statistics; Mathematics; Data Science or Actuarial Science.Preferred: Masters Degree in Statistics; Mathematics; Data Science or Actuarial Science.Experience Required:3-5 years' experience as a Quantitative Analyst in a Risk Management, Model Development or Model Validation function.3-5 years development/validation experience in statistical modelling.3-5 years' experience with using tools such as Python or SAS.Additional InformationBehavioral Competencies:Adopting Practical ApproachesArticulating InformationChallenging IdeasChecking DetailsExamining InformationExploring PossibilitiesInteracting with PeopleInterpreting DataProducing OutputProviding InsightsTaking ActionTeam WorkingTechnical Competencies:Data AnalysisData IntegrityDocumentingKnowledge ClassificationStatistical & Mathematical Analysis Rise and grow with a career at Standard Bank GroupJoin a committed group of 50 000+ people who stand behind one common purpose: Africa is our home, we drive her growth.
We firmly believe that our people are our greatest competitive advantage.
It's only through our people's expertise and dedication that we are able to bring our purpose and strategy to life in service of our clients and society at large.
That's why we strive to create a work environment where our people can thrive, where they are able to bring their whole selves to their work and are empowered to pursue their dreams and aspirations.
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