Lead Credit Risk Model Developer - PPB/BB (Africa)

Absa Group; Sandton; On-site; ZAR 800 000 - 1 200 000; Full time

Job summary

A large financial institution in South Africa is seeking a skilled professional to lead the development of credit risk models and methodologies. The role requires advanced technical skills, including proficiency in SAS and Excel, and a strong background in credit risk model development. Responsibilities include ensuring compliance with governance standards, overseeing model implementation, and training teams across various countries. Candidates should have a relevant degree and extensive experience in model development and validation.

Qualifications

• 6–8+ years in credit risk model development including IFRS 9 components.
• Proven track record of timely model approvals and closure of findings.
• Experience engaging with regulators and strong governance discipline.

Responsibilities

• Lead development of credit risk models ensuring accuracy and compliance.
• Manage stakeholder relationships and deliver projects on time.
• Train markets on model methodology for self-sufficiency.

Skills

Advanced SAS

Advanced Excel

Statistical methods

SQL

Python

Education

BSc (Honours) / Master’s in Statistics or related field

Job description

A large financial institution in South Africa is seeking a skilled professional to lead the development of credit risk models and methodologies. The role requires advanced technical skills, including proficiency in SAS and Excel, and a strong background in credit risk model development. Responsibilities include ensuring compliance with governance standards, overseeing model implementation, and training teams across various countries. Candidates should have a relevant degree and extensive experience in model development and validation.