Absa Group

Analyst Model Development


PayCompetitive
LocationJohannesburg/Gauteng
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: R-15958843

      Bring your possibility to life! Define your career with us

      With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

      Job Summary

      Join our diverse and enthusiastic team of model developers who are passionate, collaborative, innovative, and dynamic. We are currently seeking an experienced Model Development Analyst with a proven track record in creating credit risk scorecards within banking, retail, or consulting environment.

      Job Description

      In this role, you will have the unique opportunity to shape and refine credit risk (PD) models within a retail portfolio, playing a vital role in the entire credit risk model development, implementation, and governance process.

      As a team member, you will be expected to work both independently and collaboratively while continually enhancing your technical skills. Your accountability extends to ensuring that all your activities strictly adhere to established policies, procedures, and regulatory guidelines.

      Your problem solving and judgement skills will be put to the test as you tackle complex analytical data, and your ability to interpret and present this data, both verbally and in writing, will be crucial to your success in this role.

      Our ideal candidate will be:

      • Be able delve into data analysis, data manipulation, and the application of statistical and machine learning techniques.
      • Proficient in at least one of the following programming languages—SAS, SQL, Python, or R.
      • Possess at least a degree in Mathematics, Actuarial Science, Statistics, Business Mathematics and Informatics (BMI), or a related field.
      • Have a minimum of 1 year of experience in credit risk model development within a retail environment.

      Education

      Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

      Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

      Absa Bank Limited reserves the right not to make an appointment to the post as advertised

  • About the company

      Absa Group Limited, and originally Amalgamated Banks of South Africa, is a South African-based financial services group, offering personal and business banking, credit cards, corporate and investment banking, wealth and investment management, as well a...

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