Credit Model Standards and Governance Lead Locations: Johannesburg
Time Type: Full time
Posted on: Posted 3 Days Ago
Time Left to Apply: End Date: November 18, 2024 (2 days left to apply)
Job Requisition ID: R23442
Job Description To research, develop and roll out of credit risk modelling techniques to address new requirements applicable across the group, to enhance efficiency and effectiveness of current approaches to existing requirements.
Role Purpose To research, develop and roll out of credit risk modelling techniques to address new requirements applicable across the group, to enhance efficiency and effectiveness of current approaches to existing requirements.
Are you someone who can: 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 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. 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. 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. Develop 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. Monitor customer feedback reports and align processes to maximize efficiencies. 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. 18/11/24
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.
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