Tuesday , February 7 2023

Old Mutual Insure Careers – Head of Impairments

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

Apply Here

jobafrican.xyz

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