Jobafrican
Website Old Mutual
Job Description:
This role oversees all activities pertaining to IFRS 9 Expected Loss Models , including development, maintenance and monitoring.
Job Responsibilities:
- Oversees and develops processes for model monitoring.
- Oversees and completes testing on model assumptions, theory, empirical evidence, implementation and limitations.
- Perform routine analysis for model performance monitoring and model review, maintaining current model inventory for validation and audit compliance.
- Develop diagnostic method to quantify changes in provision due to both external and internal changes to credit risk environment.
- Participate in development and execution of credit methodologies and stress testing models for the lending portfolio.
- Prepare reports and presentations, delivering information for use in executive reports and financials.
- Provides information to both internal and external auditors to ensure their accurate understanding and analysis of the portfolio.
- Development of IFRS9 Credit impairment models.
- Work with teams on-site and remotely to drive projects and work streams forward.
Qualification & Experience:
- Graduate qualification in Mathematics, Statistics, Engineering or related disciplines
- Strong reporting and analytics background within Retail banking.
- 8+ Years working with credit and Impairments / provisions modelling
Job Details:
Company: Old Mutual
Vacancy Type: Full Time
Job Functions: N/A
Job Location: Pinelands, Western Cape, SA
Application Deadline: N/A
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