Modelling Analyst

Lets Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

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The role is accountable for the Modelling Unit through overseeing the development and enhancement of quantitative models, methodologies, analysis, and related software tools in line with internal policies, regulatory standards and international best practice.

• Lead and oversee the development of models (that is, design, estimate, implement, test, document and maintain quantitative models), whilst ensuring that adequate documentation and controls are maintained for all models and methodologies to enhance decision making within CABS.
• Lead the model review and testing program, to periodically review model performance, within a given framework, and recommend changes to the models. Develop model performance metrics and perform ongoing monitoring.
• Provide accurate and timely financial modelling advice to the business in a way that non-specialists can easily understand.
• Ensure adherence to model risk management policies, procedures, and processes.
• Champion data quality and integrity by highlighting data quality issues and suggesting appropriate solutions.
• Development, testing, documentation and maintenance of the Society’s models and analytical tools using the appropriate methodologies to meet standards set by the model governance policies.
• Share knowledge and experience on analytics and modelling best practices as well as mentoring and development of the modelling team skills and competencies.
• Work closely and effectively with colleagues in the business to understand the business context for model use, producing technical guidance and adding value to the business process.
• Key Result Areas:
• Creating staff awareness on model risk policies and processes.
• Assisting the business with modelling solutions.
• Reviewing model errors through coordinating data integrity checks.
• Developing the department’s skills and competencies.
• Ensuring adherence to model risk management policies, procedures, and processes within the Society.
• Personal Attributes and experience

• Excellent written, verbal, and interpersonal communication skills, including the ability to communicate technical concepts to a non-technical audience.
• Proven statistical modelling, forecasting and analytical experience.
• Ability to articulate key messages and analysis outcomes clearly and concisely with a Pragmatic and analytical mind.
• Ability to operate autonomously and under minimal supervision, operate as a self-motivated, pro-active, and result-driven problem solver with excellent analytical skills as well as be an effective member of a broader team.
• Experience in the financial services industry in a quantitative field (model development /review, risk modelling, analytics or quantitative research) covering applied statistics, data manipulation, programming and analytical techniques such as linear and nonlinear regression, time series forecasting, panel data analysis, optimisation, data mining and survival analysis,
• Proficiency in programming and data analytics tools skills such as Python, R, SAS, SQL and Machine Learning for large date sets.
• Knowledge and experience of the model development process and international best practices.
• Knowledge of Basel II/ III, and IFRS 9 requirements is a must.​

Skills

Accountability, Analytical Tools, Analytics, Business, Business Agility, Compliance Software, Data Compilation, Data Integrity, Data Quality, Engineering Standards, Innovation, Legal Practices, Management Reporting, Oral Communications, Personal Initiative, Policies & Procedures, Presenting Solutions, Professional Presentation, QA Methodologies, Quantitative Models, Regulatory Compliance Management, Requirements Development

Competencies

Action Oriented

Balances Stakeholders

Financial Acumen

Instills Trust

Interpersonal Savvy

Manages Complexity

Optimizes Work Processes

Persuades

Education

Bachelor of Business Economics (BBE): Economics And Econometrics, Bachelor Of Business Studies: Actuarial Science, Bachelor Of Commerce Banking And Finance Honours Degree: Accounting And Business Administration, BSc Mathematics Sciences: Quantitative Sciences

Closing Date

26 July 2025 , 23:59

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