Credit Quantitative AnalystLet's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description As a Junior Credit Quantitative Analyst, you will play a vital role in analysing credit data, developing credit models, and supporting credit risk management processes. Your responsibilities will involve quantitative analysis, risk modeling, and providing insights to optimise lending practices. You'll work closely with senior analysts and contribute to the bank's credit risk assessment.
KEY RESULT AREAS Credit Risk Modeling and Analysis Assist in developing and maintaining credit risk models.Analyse historical credit data or alternative credit data to identify patterns and risk factors.Use statistical techniques to predict credit risk.Assist in designing and developing Credit Monitoring and Credit Reporting Capabilities to be embedded within the credit platform.Assist with the interpretation of credit monitoring and credit reports.Data Preparation and Feature Engineering Clean and preprocess raw credit data.Create relevant features for credit risk modeling.Handle missing data and outliers.Model Risk Management and Performance Monitoring Adhere to the Model Risk lifecycle standards and processes.Monitor model performance and recommend adjustments.Ensure compliance with regulatory requirements.Stakeholder Collaboration Work closely with credit risk officers, data scientists, and business units.Translate technical findings into actionable insights.Present analysis results to senior management.ROLE REQUIREMENTS Bachelor's degree in Statistics, Mathematics, or related fields.2 - 4 years' experience in Banking.Strong interest in quantitative analysis, credit risk modelling or pricing.Experience in advanced analytics.Proficiency in programming languages (e.g., SAS) is advantageous.COMPETENCIES Analytical Skills Basic understanding of statistical modeling and data analysis.Eagerness to learn and apply quantitative techniques.Attention to Detail Ability to work meticulously with data and model inputs.Strong problem-solving skills.Strategic Identifies, understands and acts on broader opportunities in order to drive longer-term value-adding change.Collaboration (Relating) Proactively establishes and maintains relationships. Values driven in relating to others.Customer First Puts the customer at the heart of business decisions and drives to improve value for customers.Innovation (Perspective) Demonstrates ability to relate to challenges from a range of diverse but relevant perspectives.Personal Mastery (Learning) Learns and actively works to build self-awareness; develop through experience and feedback from others.The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit. Closing Date: 07 November 2024
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