Purpose of the Job:
Review and Recommend Models and Strategies: The manager plays a pivotal role in reviewing and recommending the company's developmental credit risk and investment risk models and strategies in line with best practice. This involves staying updated on industry standards and ensuring the company's approaches are competitive and effective.
Develop and Maintain Risk Models: Assist in developing, monitoring, reviewing, and maintaining portfolio risk models and IFRS9 models for impairment purposes, focusing on Expected Credit Loss (ECL) and Unexpected Loss (UL) perspectives. This requires a deep understanding of predictive analytics and financial modelling.
Risk Quantification: Through predictive analytics, determine and update default probabilities across clients, products, and portfolios based on historical, current, and market data patterns and trends. This involves a data-driven approach to assess and ...