Quantitative Analyst

Absa Group

. Develop IFRS9 and/or Regulatory Capital models in-house using sound methodologies and statistical analysis .

Posted 11/5/2026full-timeJohannesburg • South AfricaJuniorWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in developing IFRS9 and Regulatory Capital models using statistical analysis and sound methodologies, while ensuring compliance with internal governance and regulatory standards. Engages effectively with stakeholders to communicate model impacts and maintain robust documentation.

Highest-signal resume keywords

IFRS9 Model DevelopmentRegulatory Capital ModelsStatistical AnalysisSAS Programming ProficiencyModel Risk Governance Familiarity

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Statistical AnalysisModel DevelopmentIFRS9 ModelsRegulatory Capital ModelsData Quality TestingImpact AnalysisModel ValidationDocumentation ProductionGovernance ComplianceForecasted Macro-Economic Factors

Soft Skills

Stakeholder EngagementCommunication SkillsProblem-SolvingRelationship ManagementCollaboration

Tools & Technologies

SAS

Certifications & Qualifications

Bachelor Honours Degree in Actuarial ScienceBachelor’s Degree in StatisticsAdvanced Diplomas in Mathematical Sciences

Industry Keywords

Model Risk GovernanceRegulatory ComplianceStatistical MethodologiesModel Validation StandardsCredit Risk Models

About the role

Key responsibilities & impact

Develop IFRS9 and/or Regulatory Capital models in-house using sound methodologies and statistical analysis
Enhance and refresh existing models
Update models using forecasted macro-economic factors and communicate impacts
Test model-build data quality and complete statistical data analysis
Produce detailed model-build documentation
Support model implementation by answering technical questions and testing implementation results against documented models
Apply theoretical and practical understanding of models
Complete governance documentation through model validation and sign-off in accordance with the Absa Model Risk Policy
Respond to Independent Review questions and rework model builds to resolve issues
Assess model appropriateness
Perform and report impact analyses, including model updates
Ensure models can be revisited or handed over effectively
Engage model users, validation teams, monitoring teams, regulators, and other stakeholders
Present model update and refresh impacts
Challenge model builds across the cluster
Manage stakeholder issues, objectives, and priorities in agreed solutions
Explain methodologies and data feeds to stakeholders
Maintain relationships with relevant business units and understand their requirements
Interact with Credit teams to understand operational processes and incorporate data into model methodology
Share insights on model data, drivers, and methodology
Perform analyses to understand model impacts and changes
Ensure work adheres to internal governance requirements and applicable regulations

Requirements

What you’ll need

Statistics/Mathematics or similar
Bachelor Honours Degree in Actuarial Science, Applied Mathematics, BMI – Business Management and Informatics, Mathematics, or Statistics
Bachelor’s Degrees and Advanced Diplomas in Physical, Mathematical, Computer and Life Sciences (Required)
SAS programming proficiency
1–5 years of experience
Familiarity with Absa’s internal Model Risk Governance requirements and relevant Standards
Familiarity with regulations governing model methodologies
Ability to develop IFRS9 and/or Regulatory Capital models
Statistical analysis and model development expertise

Benefits

Comp & perks

Equal opportunity employer
Support and reasonable accommodation during the recruitment process for applicants who require it
Preference may be given to candidates from underrepresented designated groups, including persons with disabilities