Model Validation Analyst

SUMMARY:
Model Validation Analyst – Elevate Credit Risk Models to New Heights.
 

POSITION INFO:

Summary:
Ready to take your expertise in credit risk to the next level? This role offers you the chance to drive the validation of cutting-edge financial models in a fast-paced, dynamic environment. Based in Cape Town, at the forefront of ensuring model accuracy, compliance, and reliability in the credit risk space. If you're passionate about data and decision-making, this is the perfect opportunity for you.

Qualifications:

• A Degree in Mathematics, Statistics, Actuarial Science, Engineering, or a related field.
• 3–5 years of hands-on experience in credit risk modeling, validation, or related quantitative roles.
• Strong proficiency in Python, R, or SAS for model evaluation and data analysis.
• In-depth knowledge of credit risk frameworks, including Basel, IFRS 9, and BCBS239.
• Strong understanding of credit risk modeling techniques, such as PD, LGD, EAD, and credit scoring.

• Validate and assess the performance of credit risk models, ensuring they align with industry standards and regulatory requirements.
• Collaborate with model developers to enhance model robustness and real-world applicability.
• Conduct rigorous stress testing, sensitivity analysis, and model back-testing to ensure reliability and accuracy.
• Ensure compliance with regulatory frameworks related to credit risk and capital management.
• Prepare detailed reports and present findings to senior management, highlighting areas for improvement and actionable insights.
• Stay on top of regulatory updates and best practices in the credit risk field.