Model Developer
| Location | Cape Town, South Africa |
| Date Posted | January 10, 2023 |
| Category |
IT / Information Technology
|
| Job Type |
Full-time
|
| Currency | ZAR |
Description
Old Mutual Finance is currently seeking to hire a Model Developer in the Credit Risk team. The successful person will be responsible for complex credit modelling calculations, analysis and commentary.
Duties & Responsibilities
In this role, you will get to:
- Be individually accountable for developing, analysing and documenting a range of IFRS9 provisioning models and/or capital models across the entire business
- Analyse large amounts of information to discover trends and patterns
- Continuously research and assess new processes for model development and enhancement
- Prepare monthly credit provisions and write-off reports in line with approved policy
- Engage with external service providers to ensure appropriate levels of best practice benchmarking and model review
- Propose solutions and strategies to business challenges and does ad-hoc analysis and present results
Desired Experience & Qualification
What you will need to succeed:
- Degree with Stats/Math/Applied Maths/Financial Risk Management/Data Science/Engineering or related disciplines
- Minimum 2 years’ experience developing provisioning models and/or quantitative analytics