Credit Capital Quantitative Analyst-1Location: Johannesburg
Time Type: Full time
Posted On: Posted Yesterday
Time Left to Apply: End Date: October 30, 2024 (6 days left to apply)
Job Requisition ID: R23730
Job DescriptionTo validate and monitor wholesale credit risk models on a monthly basis, and provide assistance to credit analysts. Utilise models for calculating regulatory and economic capital, credit impairments, stress testing, and rating processes.
To ensure adherence to best practice models in line with relevant regulations and accounting standards, ultimately contributing to world-class risk management.
Validate models under supervision in accordance with the relevant frameworks and policies.Perform technical aspects of the validation process correctly under supervision, including extraction, cleaning, validating data.Effectively manage the Model stakeholders under supervision, including setting up regular engagements, requesting of information, resolution of independent validation findings, delivery within agreed timelines etc.Produce high-quality validation documentation and effectively present validation results at relevant committees.Respond effectively to credit analyst queries based on models in a timely manner under supervision.Perform monthly model monitoring and reporting tasks.Perform monthly data analysis and submissions to vendors.Identify, test thinking on making recommendations on process and model improvements.Job DetailsTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 30/10/24
All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
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