Empowering Africa's tomorrow, together…one story at a time.With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary Manage the development and continuous enhancement of Corporate and Investment Banking (CIB) regulatory credit capital models (PD, LGD, and EAD), by playing a leading role in the entire credit risk model development, implementation, monitoring, and governance lifecycle. Act as a senior technical advisor to junior quantitative analysts and Model Development analysts across the wider Model Risk and Development teams.Job DescriptionTake ownership of the full end-to-end model development lifecycle (development, implementation, and governance) of CIB regulatory credit capital models (PD, LGD, and EAD), to meet relevant business as usual and project timelines.Lead a team of modelling analysts, including mentoring, performance management, recruitment, talent management, and succession planning.Ensure that all activities and duties are carried out in full compliance with regulatory requirements, risk management frameworks, and internal policies and standards, and understand and manage risks and risk events (incidents) relevant to the process.Provide directional expertise to enhance model building skills across the team, including transferring knowledge and experience to junior team members and peers, and keep up with industry trends to ensure increased capacity to build models.Effectively manage stakeholders across different functions.A successful candidate will be a South African Citizen that holds at least an honours degree in Statistics, Business Mathematics and Informatics (BMI), Mathematical Statistics, or a related field with a minimum of 6 years' experience in statistical model development or validation in a Business Banking or Investment Banking environment, with process and people management experience preferred. Proficiency in Base SAS or SAS Enterprise Guide, SAS data steps, SAS procedures, SAS SQL, and SAS Macros in order to develop statistical models is required.EducationBachelor's Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.Absa Bank Limited reserves the right not to make an appointment to the post as advertised.
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