Job Description

The Data Scientist III will be responsible for the end-to-end implementation, monitoring, and reporting of Capital models (PD, LGD, BA) in line with regulatory and internal risk management standards. The incumbent will act as the key owner of Capital model production runs, ensure compliance with Basel regulations, and support various business and audit stakeholders through data analysis and insights.

Key Responsibilities

Model Implementation and Production

• Own and manage the execution of Capital model production runs (PD, LGD, BA).
• Implement new capital models and ensure their accurate integration into production systems.
• Ensure timely delivery of production outputs to meet regulatory and business requirements.

Model Monitoring and Maintenance

• Collaborate with the Capital Modelling team to support model monitoring, investigate performance trends, and respond to ad hoc modelling queries.
• Assist in identifying model drift, performance anomalies, and recalibration needs where relevant.

Reporting and Data Analysis

• Produce and review capital model results and insights for monthly, quarterly, and ad hoc reporting.
• Work closely with the BI team to support model-related reporting outputs and dashboards.

Stakeholder Engagement

• Respond to queries from Internal and External Audit, and other internal Stakeholders.
• Act as the subject matter expert and go-to person for Capital model-related queries.

Regulatory and Governance Support

• Keep abreast of Basel III/IV and other applicable regulatory frameworks.
• Ensure that capital model outputs and documentation meet regulatory and audit requirements.
• Support regulatory submissions and contribute to regulatory reviews and inspections.

Qualifications and Skills

• Bachelor's degree in mathematics, Statistics, Finance, Economics, or a related field.
• 5 - 8 years of experience in quantitative analysis
• Proficiency in SAS.
• Strong analytical and problem-solving skills.
• Excellent communication and presentation skills.
• Ability to work independently and as part of a team.
• Pro-active thinker and problem solver.
• Strong attention to detail and ability to manage multiple projects simultaneously.

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.

12/06/25

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.