Credit Model Standards and Governance Lead Job Description To research, develop and roll out credit risk modelling techniques to address new requirements applicable across the group, enhancing the efficiency and effectiveness of current approaches to existing requirements.
Role Purpose Develop and maintain credit modelling standards, including compliance with all the latest regulatory developments, new industry developments and best practices, tailored to FirstRand. Ownership of related frameworks that capture (1) in a practical and consistent approach. Oversee SAS MRM processes for credit models, including system optimization, data quality and completeness, reports and automation. Refresh and optimize credit technical committees, including processes prior, during and after committees; documentation; decision making; progress tracking; incorporating (1), (2) and (3) in technical committees. Participate in engagements with external stakeholders (auditors, regulators) on credit risk modelling related matters across the group. Engage with universities to facilitate ongoing credit risk modelling related research initiatives and collaboration efforts. Deliver customer experience excellence aligned to Organizational values and service standards. Build professional long-term relationships with customers based on trust that builds the brand. Collect and interrogate information and feedback to ensure full understanding of customer needs to deliver a quality service. Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability. Ensure implementation of relevant policies, governance and practice standards across the Business. Maintain knowledge on relevant legislative amendments, industry best practices and internal compliance procedures and requirements. Develops an understanding of risks and risk management approaches Implement and provide input into the development of governance and compliance procedures and processes within area of specialization and identify risks. Ensure the development, alignment, mapping and implementation of end-to-end processes aligned to the customer journey map. Research, enable and consult on improvements and opportunities to harness technology and platform enablement. Review existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies and minimize redundancy. Monitor customer feedback reports and align processes to maximize efficiencies Improve business decisions by providing accurate and reliable business intelligence (information) together with analyzing trends and data. Provide regular reports on delivery of services against agreed service level agreements and in terms of overall customer targets. Accumulate information to review work progress that provides input to reporting, decision making and the identification of improvement opportunities. Are you interested to take the step? We look forward to engaging with you further. Apply now! Job Details Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 25/10/24
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.
About Us The FirstRand Corporate Centre (FCC) houses many of the critical functions required by a large and complex financial services group. FCC's stakeholders are both external, such as regulators, shareholders, global developmental institutions and government; and internal, mainly the businesses that service the group's customers. These critical functions cover risk, compliance, governance, internal audit, treasury, finance and tax amongst many others. They require deep specialist and technical skills and ultimately represent the custodianship of the FirstRand group's licence to operate.
FCC employees develop a unique perspective of the group because nowhere else can you own or be part of a mandate that operates across the portfolio. This allows for both big picture thinking and operational learning. It is also a great place to drive collaboration and a place to have a significant impact.
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