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Durban: Quantitative Analyst posted by Hire Resolve

Quantitative Analyst

Posted on 2025-02-01

Employer

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Salary 0

Category Finance Accounting

Location

Job Summary

An industry-leading company located in La Lucia, KwaZulu-Natal is currently seeking the expertise of an experienced Data Scientist/Quantitative Analyst.

Key Purpose

To develop, manage and monitor advanced and relevant predictive models, to provide advanced analytical support to business units, to critically analyze and advise the business on data-driven value adds, and create and maintain accurate data, dashboards, and management reports.

Key Outcomes

  1. Model Development
    Development of new predictive models in line with business requirements.
    Successful deployment of predictive models.
    Engagement with key stakeholders around business requirements for models
  2. Model Management
    Manage monthly monitoring and regular updates of existing predictive models.
    Prepare analysis/commentary for model management meetings.
    Reporting to 3rd party funders on model management.
    Ensure the model management process is conducted according to the policies defined.
    Interrogate existing models and identify possible red flags
    Research the latest model building methodologies
  3. Data Analytics to support business needs
    Ad-hoc analytics/data science projects as required by business
    Monthly analysis of key credit risk areas (loss control/credit)
    Assist in building the Data science capabilities of the analytics team
    Proactive business engagement to understand the analytical requirement
    Proactive feedback to the business on value-added data-driven analytics
    Automation
  4. Data development and maintenance
    Assist and advise on creating and maintaining data in an optimal manner

Requirements:

Education

  • Honours degree in Statistics/Mathematics
  • Preferred – Masters Degree in Statistics/Mathematics

Experience

  • 2-5 years experience in scoring system development and credit risk analytics (retail)
  • Preferred: 5-8 years of experience in scoring system development and credit risk analytics (retail) – 2 of which are at senior level

Preferred Industry – Financial / Credit risk analytics

Skills

Technical (at least some of the below skills will be necessary)

  • SQL coding
  • Advanced Excel
  • Python (advantageous)
  • Denodo (advantageous)
  • SAS (advantageous)
  • Predictive modelling or financial modelling
  • Machine learning (advantageous)
  • Exposure to IFRS9 modelling (highly advantageous)
  • Ability to work with large amounts of data

Generic competencies

  • Analytical, critical and logical thinker
  • Understands the need for data-driven decisions
  • Ability to read and assimilate a specification of data requirements
  • Proactive personality
  • Tolerance to change
  • Attention to detail
  • Accountability and ownership of work tasks
  • Self-motivated
  • Ability to work within a team and as an individual
  • Comply with project management protocol
  • Enthusiasm/interest in credit risk management
  • Sense of humour
  • Resilience
  • Tenacity
  • Ability to work under pressure
  • Good time management.
View Job  Kloof: Commercial Underwriter - Fais Compliant posted by Hire Resolve

Hire Resolve is a top-tier recruitment firm that focuses on placing skilled professionals in permanent employment.

Hire Resolve focuses on working with senior-level executives and we pride ourselves on delivering excellent service to our candidates and clients.

Posted in Jobs in Durban, Jobs in Kwazulu Natal

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