Manager Model Development job opportunity at Absa.

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DatePosted 15 Days Ago bot
Absa Manager Model Development
Experience: Highly Experienced
Pattern: full-time
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degreeBachelor's (B.A.)
loacation Johannesburg, South Africa
loacation Johannesburg....South Africa

Empowering Africa’s tomorrow, together…one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job Summary Join a diverse team of dynamic model developers. We are looking for an experienced Model Development Manager with a background in quantitative analytics and credit risk scoring in a banking or consulting environment. Job Description You will be responsible for managing the development and continuous enhancement of credit risk scorecards within a retail portfolio, contributing to the entire credit risk model build, implementation, and governance lifecycle.  You will be leading a team of modelling analysts and your role will include mentoring, performance management, and technical upskilling. You will be accountable for ensuring that all activities and duties are carried out in full compliance with policies, procedures and regulations. You will also play an active role in providing directional expertise to enhance model building skills across the team, including transferring knowledge and experience to junior team members and peers, and keep up with industry trends to ensure increased capacity to build scorecards. Your ability to effectively manage business stakeholders is key. A successful candidate will hold at least a degree in Mathematics, Actuarial Science, Statistics, Business Mathematics and Informatics (BMI) or a related field with a minimum of 5 years’ experience in credit risk model development in a retail environment with process and people management experience preferred. Education Bachelor Honours Degree: Actuarial Science, Bachelor Honours Degree: BMI - Business Management and Informatics, Bachelor Honours Degree: Mathematics, Bachelor Honours Degree: Statistics Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank. Absa Bank Limited reserves the right not to make an appointment to the post as advertised

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