Job Description

Empowering Africaxe2x80x99s tomorrow, togetherxe2x80xa6one story at a time.With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary The role will be within the Group Risk ESG Risk Measurement function. The function is responsible for the development, implementation and embedment of various models and frameworks.The incumbent will mainly drive the development, maintenance, and implementation of various ESG and climate risk related models for the group.Accountabilities:

• Develop models in-house by ensuring model builds are of sufficient quality, and producing detailed model build documentation.
• Develop Physical and Transition Risk, and other climate related models to evaluate the impact on the group.
• Work with climate related and bank related datasets xe2x80x93 sourcing, analyzing, and processing.
• Use the latest techniques, coding languages and packages to develop solutions.
• Stay abreast of climate related topics, modelling techniques and discussions.
• Work with stakeholders across the bank to develop tailored solutions in relation to climate related analytics.
• Embed climate risk related analytics across the group.
• Support and develop climate risk related scenario analysis and stress testing frameworks and methodology.
• Develop theoretical understanding and practical application of model development methodology through model building and application experience.
• Ensure full governance processes for modelling are complied with from model inception and build through to validation.
• Ensure successful implementation of models, assess, and improve implementations.
• Visualize model output to ensure ease of interpretation.

Stakeholder management would be required, that mainly includes:

• Actively engage stakeholders to be fully engaged in the process and delivery.
• Generate appropriate challenge on model builds by discussing model build detail and ideas.
• Manage key stakeholders across the business by ensuring their issues, objectives and priorities are reflected in the agreed solutions.
• Develop and maintain relationships with relevant business units by understanding the business units' requirements and obtaining feedback.
• Defend model output in the face of stakeholder questions.
• Engage stakeholders on areas that can benefit from innovative solutions and help to draft proof of concepts for these solutions.

Education and Experience requirements:

• A relevant Postgraduate Degree in a numerate field, e.g., Maths, Stats, Engineering, Actuarial Science, Computer Science, etc.
• 4-10 years of banking related experience.
• Coding abilities in Python will be preferred.
• Studying toward a professional qualification (e.g., Fellow of the Actuarial Society of SA) will be preferred.
• Climate Risk related experience or courses, certifications or education will be advantageous.

EducationBachelor`s Degrees and Advanced Diplomas: Physical, Mathematical, Computer and Life Sciences (Required)Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.Absa Bank Limited reserves the right not to make an appointment to the post as advertised

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