Senior Manager – Credit Risk Modelling (IFRS 9 / Basel)

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.
    

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).