Job Description

Job Overview

Business Segment:

Group Functions

Location:

ZA, GP, Johannesburg, 30 Baker Street

Job Type:

Full-time

Job Ref ID:

80374680A-0001

Date Posted:

10/1/2025







Perform initial and ongoing validations of Credit Risk models for the Personal and Business Banking portfolios. Think critically and manage Model Risk for the aforementioned models.



The model types include Basel capital parameter models such as Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) models. Other model types include but are not limited to Application and Behaviour Scorecards, Impairment models, Stress Testing models and Pricing models.

Assess models against regulations and internal bank policies.

Work with large datasets and different coding environments.

Review and use cutting-edge development techniques.

Qualifications

3-year degree in Statistics; Mathematics; Data Science or Actuarial Science.

Honours Degree in Statistics; Mathematics; Data Science or Actuarial Science.

Preferred:

Masters Degree in Statistics; Mathematics; Data Science or Actuarial Science.

Experience Required:

1-2 years' experience as a Quantitative Analyst in a Risk Management, Model Development or Model Validation function.

1-2 years development/validation experience in statistical modelling.

1-2 years' experience with using tools such as Python or SAS

Additional Information

Behavioural Competencies:

Adopting Practical Approaches

Articulating Information

Challenging Ideas

Checking Things

Examining Information

Exploring Possibilities

Interacting with People

Interpreting Data

Producing Output

Providing Insights

Taking Action

Team Working

Technical Competencies:

Data Analysis

Data Integrity

Documenting

Knowledge Classification

Statistical & Mathematical Analysis

Please note:

All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any from of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or TransactionFraudOpsSA@standardbank.co.za