Manager: Model Risk Assurance

Manager: Model Risk Assurance

Nedbank | Johannesburg, GT, ZA

Posted 18 days ago

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Description



Job Classification


121213 - Debbie Fuyani 

Location


JHB - Sandown 

Cluster


Nedbank Group Risk 

Career Stream

Credit Management
Leadership Pipeline

Manage Managers
Position


Manager: Model Risk Assurance 

Job Purpose

Are you a smart, driven, curious and collaborative credit risk manager? Leverage your deep, technical credit risk knowledge to deliver lasting value in this challenging Group Risk role. You will be exposed to all manner of non-regulatory models across the Group, and you will provide assurance that these models are accurate and fit for purpose. You will get your hands dirty while solving problems and will use your powers of persuasion to ensure that Nedbank develops and maintains world-class risk management capabilities.
To provide assurance on, insight into, and optimisation of bank-wide non-regulatory models. Provide support to team members on Group credit reporting, adequacy of impairments and credit RWA.

Job Responsibilities

Perform validation of material non-regulatory models across the bank, including acquisition, pricing, AML, operational risk, fraud, climate risk and economic forecasts.
Participate in expert groups, technical forums and business review sessions in order to perform risk assurance of models developed across the Group.
Interpret regulatory reforms and assess the impact on models.
Provide thought leadership and guidance on model methodology and design.
In a secondary capacity, provide assurance on the adequacy of impairments and credit risk RWA across the Group by applying both qualitative and quantitative assessments, technical reviews, and bespoke analysis.
Communicate insights and team output to relevant committees / forums to facilitate improved measurement and management of risk.
Actively engage, manage, and influence diverse stakeholders.
Job Responsibilities Contd

Actively participate in credit committee and technical forums and provide effective challenge and well-supported recommendations.  
Contribute to a high-performance team culture and continuous improvement via collaboration, knowledge sharing, mentoring, sprint planning and retrospectives, daily scrums, and project participation.
Stay abreast of developments in your field of expertise, ensuring personal and professional growth.
Understand and embrace the Nedbank vision and values, and lead by example
Essential Qualifications - NQF Level
Diploma
Preferred Qualification


Relevant Bachelors Degree.

 

Minimum Experience Level


7 - 8 years working experience as a Model Risk Assurance Manager dealing with, Credit Risk Measurement, Modelling and Management of Basel 2/3, IFRS 9 extensively in the Banking/Financial Services Industry. 
 

Technical / Professional Knowledge
Business administration and management
Change management
Client service management
Financial Accounting Principles
Governance, Risk and Controls
Organisational behaviour theory
Principles of project management
Relevant regulatory knowledge
Strategic planning
Management information and reporting principles, tools and mechanisms
Behavioural Competencies
Communication
Decision Making
Building talent
Influencing
Guiding Team Success
Planning and Organizing
Declaration


 
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For any assistance or more info please contact the Nedbank Recruiting Team