Analyst, Quantitative Model Validation
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Job Location:
Johannesburg - South Africa
Monthly Salary:
Not Disclosed
Posted on:
6 hours ago
Vacancies:
1 Vacancy
Job Summary
Perform initial and ongoing validations of interest rate risk earnings at risk economic capital stress testing and operational risk models. Think critically and manage Model Risk for the aforementioned models.
- Perform initial and ongoing validations of interest rate risk earnings at risk economic capital stress testing and operational risk models. Think critically and manage Model Risk for the aforementioned models.
- Interact with Model Development to obtain additional clarity on the models that are being validated.
- Perform model validation tasks according to the teams operating standards.
- Identify make recommendations and assist to improve the validation methods and processes.
Qualifications :
- 4-year degree in a quantitative field of study for example: Business Analytics; Quantitative Risk Management; Statistics; Financial Mathematics; Engineering; or Physics.
Experience required:
- >3 years Demonstrable ability to develop statistical models from data and/or analytical models to estimate capital (unexpected losses) expected losses.
- > 3 years Experience with using tools such as Python SAS Power BI or R to develop and execute models.
- Seasoned professional with sound knowledge on regulations affecting banking especially internal model approaches for risk capital.
- > 3 years experience in model risk management practices in banking spanning data preparation development documentation validation approval usage and monitoring.
Additional Information :
Behavioural Competencies:
- Adopting Practical Approaches
- Articulating Information
- Challenging Ideas
- Checking Things
- Examining Information
- Exploring Possibilities
- Interacting with People
- Interpreting Data
- Producing Output
- Providing Insights
- Taking Action
- Team Working
Technical Competencies:
- Data Analysis
- Data Integrity
- Documenting
- Knowledge Classification
- Statistical & Mathematical Analysis
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Python
- C/C++
- Fortran
- R
- Data Mining
- Matlab
- Data Modeling
- Laboratory Techniques
- MongoDB
- SAS
- Systems Analysis
- Dancing
About Company
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients ... View more
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