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Quantitative Analyst

Johannesburg South
Salary: Market Related
Job Type: Permanent
Sectors: Business Management
Reference: NFP015343/AND

Apply before Dec 22 2024 | 30 Days left

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Vacancy Details

Employer: Network Recruitment

Drive Credit Risk Transformation as a Quantitative Credit Analyst – Moody’s Proficiency Essential!Are you prepared to redefine credit risk management? We’re seeking an exceptional Quantitative Credit Analyst with expertise in Moody’s Risk Frontier to spearhead the creation of innovative tools for aggregating credit risk exposures across the Group. This pivotal role encompasses economic capital modeling, earnings at risk, and enhancing credit models to align with our risk appetite and strategic vision.

Key Responsibilities:

Credit Risk Aggregation: Lead the implementation of tools like economic capital and earnings at risk models to deliver a holistic view of credit risk exposures.
Model Maintenance & Validation: Ensure accuracy and compliance by maintaining, updating, and validating credit risk models in line with annual requirements.
Risk Exposure Analysis: Deliver monthly and quarterly insights into portfolio changes and aggregate risk exposures across all business units.
Risk Appetite & Strategy: Collaborate with the Head of Credit to set and cascade credit risk limits, ensuring strategic alignment with business objectives.
Portfolio Optimization: Partner with business units to refine portfolios, leveraging credit tools to enhance alignment with risk strategies.
Model Enhancement: Support business units by refining models for probability of default (PD), loss given default (LGD), and other critical metrics.
Stakeholder Collaboration: Build strong relationships with credit quants, boosting their capabilities and model performance.
Governance: Play a key role in the technical credit risk model approval process, ensuring compliance with group-wide standards.

Experience & Qualifications:

Minimum Honors Degree in Finance, Financial Engineering, Quantitative Analytics, Actuarial Science, or a related field (postgraduate qualification is an advantage).
5+ years of banking experience with hands-on expertise in developing and maintaining credit risk models (PD, LGD, etc.) for retail and investment portfolios.
Moody’s Risk Frontier experience is essential for aggregating and analyzing credit exposures across portfolios.
Expertise in Economic Capital Modeling and tools for aggregating credit risk exposures across multiple dimensions.
Strong technical analysis, problem-solving, critical thinking, and data analytics skills.

Take the lead in driving innovative credit risk solutions and apply today!
Visit www.networkrecruitment.co.za for more Actuarial and Analytics opportunities.
If you haven’t received a response within four weeks, please consider your application unsuccessful. Your profile will be retained for future opportunities.

For more information, contact:
Andrea Morgan
Recruitment Consultant
amorgan@networkfinance.co.za

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About Network Recruitment

Network Recruitment

Network Recruitment is a leading specialist recruitment company in the fields of IT, Finance and Engineering.

Since our establishment in 1987, we have been at the forefront of the specialist recruitment industry. Network Recruitment’s key to success is the focus on delivering superior quality service by developing and maintaining an exclusive focus on sourcing high-calibre skills for medium-sized to JSE-listed companies operating in these three niche sectors across South Africa.

Our experience in permanent and contract-based recruitment enables us to provide you with recruitment solutions that meet your long- and short-term needs.

Network Recruitment is a division of ADvTECH Resourcing, the recruitment arm of the national JSE-listed ADvTECH Limited Group a leader in quality education, training, skills development and placement services.