Model Manager at Nedbank

Job Description

Job Purpose

To manage and oversee a team responsible for the development and maintenance of best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world class risk management. Provide input into strategic objectives and ensure delivery thereof.

Job Responsibilities

•  Improved processes and culture
•  Managed Financial and Business Results
•  Managed people
•  Managed Self and Others
•  Managed Stakeholder Relationships

Preferred Qualification

• PhD or Masters Degree in Statistics, Mathematics and/or Economics
• CFA Charterholder, FRM, PRM

Type of Exposure

•  Analysing and interpreting quantitative and qualitative data
•  Analysing situations or data that requires an in depth evaluation of multiple factors
•  Answering internal stakeholder questions
•  Building and maintaining effective relationships with internal and external stakeholders
•  Communicating complex information orally or verbally.
•  Developing ways to minimize risks (scorecards; strategy; etc.)
•  Drafting; reviewing and finalizing reports
•  Identifying risk trends (fraud; operational; etc.)
•  Influencing stakeholders to obtain buy-in for concepts and ideas
•  Interacting with diverse people
•  Interacting with various levels of management
•  Managing conflict situations
•  Managing multiple projects

Minimum Experience Level

•  10 years relevant business experience and knowledge of risk is preferred.
•  6 years’ experience in credit modelling with proven, successful leadership of a team is preferred.
•  Detailed knowledge of Basel II, Bank’s Act and regulations.
•  Knowledge and understanding of economic and regulatory capital will be an advantage.

Travel requirements

Frequent local travel

NB: Preference will be given to applicants from designated groups in line with Nedbank's policies.