Quantitative Analytics Specialist - IFRS9 & SAS Expert

Absa Bank Limited; Johannesburg; On-site; ZAR 700,000 - 950,000; Full time

Job summary

Absa Bank Limited is seeking a quantitative analytics specialist to develop IFRS9 and regulatory capital models, updating existing models with macroeconomic factors and ensuring governance per the Absa Model Risk Policy. The role involves explaining model inputs and outputs to stakeholders and supporting validation activities.

You will work on in-house model development, collaborate with risk, finance, and validation teams, and ensure documentation and testing meet rigorous standards.

Qualifications

• Bachelor honours in actuarial science, applied mathematics, BMI, mathematics or statistics (required).
• SAS programming proficiency.
• 1–5 years of experience in relevant analytics/modeling roles.

Responsibilities

• Develop IFRS9 and regulatory capital models using solid methodologies and statistics.
• Update and refresh existing models with macro-economic factors and document build and validation.
• Ensure governance per Absa Model Risk Policy and respond to independent review questions.
• Engage stakeholders across the business to explain model inputs, outputs and implications.

Skills

SAS programming

Statistics

Mathematics

Education

Bachelor Honours Degree: Actuarial Science

Bachelor Honours Degree: Applied Mathematics

Bachelor Honours Degree: Mathematics/Statistics

Job description

Absa Bank Limited is seeking a quantitative analytics specialist to develop IFRS9 and regulatory capital models, updating existing models with macroeconomic factors and ensuring governance per the Absa Model Risk Policy. The role involves explaining model inputs and outputs to stakeholders and supporting validation activities.

You will work on in-house model development, collaborate with risk, finance, and validation teams, and ensure documentation and testing meet rigorous standards.