CIB: Model Development Manager at Absa Group Limited (Absa)

Job Description

• We will expect you to take ownership of the full end-to-end model development lifecycle (development, implementation and governance) of CIB regulatory credit capital models (PD, LGD and EAD), to meet relevant business as usual and project timelines. 
• You will be leading a team of modelling analysts and your role will include mentoring, performance management, recruitment, talent management and succession planning  
• You will be accountable for ensuring that all activities and duties are carried out in full compliance with regulatory requirements, risk management frameworks and internal policies and standards and understand and manage risks and risk events (incidents) relevant to the process. 
• 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 models. 
• Your ability to effectively manage stakeholders across different functions is key. 
• A successful candidate will be a South African Citizen that hold at least an honours degree in Statistics, Business Mathematics and Informatics (BMI) or Mathematical Statistics or a related field with a minimum of 6 years’ experience in statistical model development or validation in a Business Banking or Investment Banking environment with process and people management experience preferred. Proficiency in Base SAS or SAS Enterprise Guide, SAS data steps, SAS procedures, SAS SQL, SAS Macros in order to develop statistical models required. 

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)