Model Risk Validation Specialist: Market & Treasury Risk

Absa Bank Limited; Johannesburg; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A leading financial institution in South Africa is seeking a skilled Model Validator to assess and validate market and treasury risk models. The successful candidate will conduct thorough validations, prepare detailed reports, and engage with various stakeholders to ensure model quality and compliance. Applicants should possess a relevant degree and have experience in financial model validation. This role is critical for enhancing the organization's risk management processes.

Benefits

Competitive salary

Opportunities for professional development

Dynamic work environment

Qualifications

• Experience in validating financial models, particularly in market and treasury risks.
• Ability to discuss findings with stakeholders professionally and effectively.
• Strong analytical and problem-solving skills.

Responsibilities

• Conduct validations on a diverse range of models focusing on market and treasury risks.
• Prepare and submit validation reports for review.
• Maintain relationships with all stakeholders involved in model validation.

Skills

Model validation

Risk assessment

Stakeholder management

Data analysis

Education

Relevant degree in finance, mathematics or statistical analysis

Tools

Statistical software

Model risk management tools

Job description

A leading financial institution in South Africa is seeking a skilled Model Validator to assess and validate market and treasury risk models. The successful candidate will conduct thorough validations, prepare detailed reports, and engage with various stakeholders to ensure model quality and compliance. Applicants should possess a relevant degree and have experience in financial model validation. This role is critical for enhancing the organization's risk management processes.