OM Bank - Credit Quantitative Analyst
On-siteJohannesburg, Gauteng, South Africa or Pinelands, KwaZulu-Natal, South Africa
Job Summary
Develop and monitor credit risk models, scorecards, and strategies while analyzing portfolio performance and customer behavior. Support credit origination decision analytics, risk-based pricing, and profitability analysis across secured lending portfolios including Home Loans and Asset Vehicle Finance. Monitor impairment drivers, ECL outputs, and IFRS 9 exposure where required, alongside performing back-testing and validation activities. Produce credit risk and management reporting, develop insights from large datasets, and present findings to technical and non-technical stakeholders. Work closely with Credit Risk, Product, Finance, and Operations teams to drive model governance and continuous improvement initiatives.
Required Qualifications
- Bachelor's degree in Statistics, Mathematics, Actuarial Science, Economics, Finance, Data Science or a related quantitative discipline
- 2–5 years' experience in credit risk, portfolio analytics, quantitative modelling or a related analytical role
- Experience in credit risk, portfolio analytics, quantitative analysis or data analytics
- Experience using SQL, Python, SAS, R, Power BI or similar tools
- Strong analytical, problem-solving and communication skills
- Technical Credit risk modelling and portfolio analytics
- Statistical and quantitative analysis techniques
- Exposure to scorecard development, monitoring or validation
- Data extraction, manipulation and analysis using SQL, Python, SAS, R or equivalent tools
- Data visualisation and reporting using Power BI, Excel or similar technologies
- Understanding of pricing, origination and portfolio performance metrics
- Technical documentation and analytical reporting skills
- Strategic thinking with strong commercial awareness
- Ability to influence senior stakeholders (Credit, Finance, Risk, Treasury)
- Strong judgement and control mindset
- Clear communication of complex risk topics
- Strong team leadership and talent development
- Strategic Understands broader portfolio, customer and market trends
- Demonstrates curiosity and commercial awareness when assessing business opportunities and risks
- Decision-Making Ability Uses data and evidence to support recommendations
- Applies sound judgement when analysing trends, risks and model outputs
- Escalates risks, issues and anomalies appropriately
- Analytical & Risk Mindset Strong numerical and analytical capability
- Uses data to identify trends, opportunities and risks
- Applies quantitative techniques to solve business and portfolio challenges
- Demonstrates an appreciation for balancing risk, growth and profitability
- Collaboration (Relating) Builds positive relationships across multiple teams and functions
- Communicates analytical information effectively to technical and non-technical stakeholders
- Works effectively within a team environment and contributes to shared goals
- Customer First Supports responsible lending and sustainable customer outcomes
- Considers the impact of analytical recommendations on customers and portfolio performance
- Balances commercial objectives with prudent risk management
- Innovation (Perspective) Demonstrates curiosity and continuous improvement thinking
- Looks for opportunities to improve models, reporting and analytical processes
- Embraces new methodologies, tools and technologies
- Personal Mastery (Learning) Demonstrates resilience, adaptability and accountability
- Actively seeks learning opportunities and feedback
- Shows commitment to developing quantitative, technical and business skill
- NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent
Desired Qualifications
- Knowledge of secured lending products, particularly HL and AVAF, would be advantageous
- IFRS 9 and impairment experience beneficial but not required
- Exposure to credit modelling, scorecards, pricing or originations analytics
- Basic understanding of IFRS 9, PD, EAD and LGD concepts would be advantageous
- While impairment and IFRS 9 exposure would be advantageous
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