Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise the possibilities on our continent and beyond.
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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's Degree: Actuarial Science, Bachelor's Degree: BMI - Business Management and Informatics, Bachelor's Degree: Mathematics, Bachelor's Degree: Statistics