Quantitative Analyst, Fraud Risk Management X 2

Job Description

Job Details Risk Management: understanding all risks – from the economic to the political – that could affect our global business, and offering guidance to all parts of the bankJob PurposeWorks with business to improve operational performance by identifying drivers of performance and build profitability, action-effect or propensitymodels. Undertake revenue leakage exercises, building profitability and response models or performing initial and ongoing validations of credit riskmodels for the retail and wholesale areas of the bank. Build and automate data sets that integrate multiple data sources in the development of customer treatment strategies or model validation.Key Responsibilities/AccountabilitiesClient:Receive requests for data, engage and collaborate with internal and / or external stakeholders to understand business data requirements and proactively interrogate stakeholders to ensure that credit risk data are delivered in an appropriate format and to the desired specifications.Identify key drivers of performance and factors which impact on performance. Identify opportunities to improve business financialperformance or customer experience by collaborating with Business Executives and stakeholders. Analyse data to identify opportunities for financial, process or customer experience improvements.Generate proposal for change strategies (customer treatment strategies or remediation strategies linked to model validation), obtaining sign-off from business and any relevant governance forums. Work with business to execute the proposal. Report on performance of strategies against expectations.

Responsibilities + Skills

Minimum qualification First Degree Field of study: Mathematical Sciences or Information StudiesMinimum requirement is a bachelors degree in Information Technology /Information Systems / Computer Science/Mathematical Sciences or related field

Education

Conduct detailed research and quantitative analyses, building profitability, action-effect or propensity models to enable strategy. Conduct on-going reviews of model performance in order to identify model exceptions and trends. Execute statistical verification tests, report and identify weaknesses and improvements to governance bodies

Experience

Job Summary

  • Published on: Thursday, 2nd July 2020
  • Designation: Quantitative Analyst, Fraud Risk Management x 2
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Durban
  • Salary: 0
  • Gender:
  • Application Deadline: Thursday, 2nd July 2020

About the Company

  • Company Name: Standard Bank Group.
  • Address: 9th Floor 011 636 9111/2 SBZAZAJJ Standard Bank Centre 5 Simmonds Street Johannesburg 2001 P O Box 7725
  • Website: https://www.standardbank.co.za
  • Company Profile:
  • To provide design and build decision agents and Credit process requirements for all Personal and Business products across the risk lifecycle for a particular stream (i.e. origination, account management and collections - to be customised per jobholder). This includes the process design of the end-to-end solution and working closely with appropriate Architectures (e.g., IT, Credit, Business, Data, etc.) to formulate sustainable strategic solutions.

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