Job Description

To design, develop, and maintain credit risk, impairment (IFRS 9) , and capital models (BASEL) in compliance with IFRS 9 and Basel regulatory frameworks. The role ensures accurate measurement of expected credit losses, capital adequacy, and supports strategic risk management decisions.
Key Responsibilities

• Model Development & Validation

• Build and validate IFRS 9 ECL models and Basel capital models using advanced statistical techniques. Key point on model documentation and the ability to deal audit queries.

• Regulatory Compliance

• Ensure adherence to IFRS 9, Basel II/III, SARB ( and other African countries) guidelines, and internal governance standards.

• Data Analytics & Reporting

• Analyze portfolio trends, impairment drivers, and capital requirements; produce regulatory and management reports.

• Stakeholder Engagement

• Communicate complex modelling outputs to senior management, auditors, and regulators.

• Model Risk Management

• Maintain documentation, perform back-testing, and manage model risk across the lifecycle.

Requirements
Qualifications

• Education: Degree in Quantitative Finance, Statistics, Mathematics, or related field; postgraduate qualification preferred.

• Experience:

• Strong knowledge of impairment modelling and governance

• Working knowledge of capital adequacy and RWA

• Independently develop and validate models

• Advanced coding and data manipulation

• Interpret portfolio trends and impairment drivers

• Ensure models meet regulatory standards

• Explain technical outputs to business stakeholders

• Mentor junior analysts

• Technical Tools: SAS, SQL, Python; advanced Excel and data visualisation tools (powerBI).

Skills Required