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.

Requirements

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).

Job Type: Full-time

Pay: ₹522,024.51 - ₹2,542,001.43 per year

Work Location: In person