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Stellenbosch: Lead: Model Governance, Monitoring & Oversight

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Job Description

In this role, youll be at the forefront of shaping how the organisation governs, monitors, and improves its models. Youll bridge the gap between technical modelling teams, risk stakeholders and senior decision-makers giving you visibility, influence, and the opportunity to drive change. Youll love it if youre looking for meaningful work that combines technical expertise with leadership, offers exposure to regulatory frameworks, and provides a chance to make a lasting impact on the banks risk culture and client outcomes. Key Responsibilities: Own governance and oversight of the model risk policy and associated standards. Lead annual updates and policy reviews. Drive the remediation and resolution of validation findings, working with model developers to agree action plans and evidence closure. Maintain and improve the model inventory and metadata (Collibra or similar), ensuring conceptual soundness and policy compliance. Design and implement post-deployment model monitoring frameworks, defining performance metrics, thresholds and escalation triggers. Prepare and manage regular governance forums (MTSC), including agendas, materials, action tracking and reporting to stakeholders. Produce clear model risk reporting and escalate material model risks per policy and regulatory expectations. Job Experience and Skills Required: Education: Honours Degree in Statistics or Risk Management (minimum). Experience: 5 years experience in model risk management, validation, quantitative analysis, or decision science preferably within banking. Strong understanding of banking/regulatory frameworks (Basel, IFRS 9, BCBS 239 / RDARR). Skills: Technical familiarity with model/data governance tools (e.g., Collibra), and reporting tools such as Power BI. Excellent stakeholder management, communication and facilitation skills in a regulated environment. Apply now! For more exciting Actuarial and Analytics vacancies, please visit:
View Job  Pretoria: Independent Financial Advisor posted by Numeral Financial Services Group



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