Job Description
Seeking a candidate with a quantitative background and expertise in credit risk, IFRS 9 impairment modelling, and Expected Credit Loss (ECL) calculations to support stress testing and ICAAP processes for Broader Africa teams.
Hello, Future Data Scientist III (Credit Risk & IFRS 9)
Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.
As part of our talent team, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.
Are you someone who can:
Stress Testing & ICAAP:
- Develop and maintain a consistent credit risk stress testing framework to support bA teams in modeling and assessing the impact of stress testing and scenario analysis on ECL.
- Review and support bA teams’ execution of ICAAP stress testing exercises to evaluate impacts on credit losses, capital adequacy, and risk-weighted assets.
- Provide support and challenge to the modelling and outcomes of the annual ICAAP stress testing process as part of the bA stress testing working group.
- Provide insights into ECL trends and drivers, incorporating forward-looking indicators.
- Collaborate with Finance and Credit teams to ensure accurate IFRS 9 provisioning.
- Provide sign-off on modelling and assessments performed by in-country teams for stress testing.
- Review the overall outcome of stress testing, specifically the stress and volatility buffer, to inform capital targets.
- Review and challenge bA teams’ stress testing and capital management frameworks.
Stakeholder Engagement:
- Assist bA teams in presenting findings to senior management, risk committees, and regulators as required.
- Collaborate with Finance, Treasury, and Business Units to align stress testing outputs with strategic planning.
You will be an ideal candidate if you have:
- Quantitative background with strong experience in credit risk, IFRS 9 impairment modelling, and ECL calculations.
- Ability to work effectively across multiple countries and collaborate with diverse teams.
- Advanced degree (e.g., master’s or PhD) in Statistics, Mathematics, Data Science, or a related field.
- Prior experience in financial services or banking, particularly in credit risk.
You will have access to:
- Opportunities to network and collaborate.
- Challenging Working
- Opportunities to innovate.
We can be a match if you are:
- Curious & courageous - you are driven by always wanting to know more and learn more and you are brave enough to
- Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it.
Are you interested to take the step? We look forward to engaging with you further. Apply now!
#POST
#FNB
#LI-SY1
Job Details
Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
25/08/25
All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
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