Model Risk & Validation Specialist

Boardroom Appointments; Johannesburg; On-site; ZAR 600,000 - 900,000; Part time

Job summary

Boardroom Appointments in Johannesburg is seeking a quantitative risk professional to strengthen model risk validation and governance within a banking context. You will contribute to independent validation, reporting and governance across key risk/analytics domains.

The role emphasizes independent validation, corrective actions, and collaboration with stakeholders to ensure modelling best practices in a dynamic environment.

Qualifications

• Bachelor's degree in Statistics, Mathematics, Quantitative Risk Management, Engineering, Actuarial science, Data science or similar (Honours preferred).
• Up to 3 years of financial modelling, risk modelling and/or model validation experience in a banking context.
• Proficiency in SAS, SQL, Excel, Python and R.

Responsibilities

• Perform model independent validation, reporting, and governance-presentations that contribute to management of model risk.
• Review and/or reperform model building processes.
• Document and communicate validation findings, corrective actions, and advise on model appropriateness.
• Apply risk-proportionate approach to different model validations.
• Assess adequacy of strategy, frameworks, policies and business processes in modelling practice.
• Present validation outcomes to designated committees and stakeholders.
• Improve processes through updates to frameworks and governance design.

Skills

Financial modelling

Risk modelling

Model validation

Education

Bachelor's degree in Statistics

Bachelor's degree in Mathematics

Bachelor's degree in Quantitative Risk Management

Bachelor's degree in Engineering

Bachelor's degree in Actuarial science

Bachelor's degree in Data science

Tools

SAS

SQL

Excel

Python

R

Job description

Boardroom Appointments in Johannesburg is seeking a quantitative risk professional to strengthen model risk validation and governance within a banking context. You will contribute to independent validation, reporting and governance across key risk/analytics domains.

The role emphasizes independent validation, corrective actions, and collaboration with stakeholders to ensure modelling best practices in a dynamic environment.