| JOB NAME |
Manager: Model Validation [Centurion]
POSTED BY: Land & Agricultural Development Bank
REF:LBAF 2031
Date Published:Wednesday, January 22, 2025
Date of Expiration:Monday, July 21, 2025
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| LOCATION OF THIS JOB |
 South Africa | CENTURION in South Africa |
| INDUSTRY |
| DEVELOPMENT FINANCE INSTITUTIONS
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| JOB TYPE |
| Full-Time |
| MAIN JOB DESCRIPTION |
Closing Date 2025/01/29
Reference Number LAN250121-4
Division Risk Management
Unit Risk Management
Job Type Classification Permanent
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion
JOB ADVERT SUMMARY
(Land Bank) is South Africa’s only specialist agricultural bank established in 1912, the bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit. The Land Bank provides financial services that have moved with the times and continues to provide services to agri-business and constantly reviews its offerings to ensure that they match the needs of an industry. As change has swept across the sector in South Africa the socio-economic makeup of agriculture has altered, bringing new entrants from historically disadvantaged backgrounds on to the land, these new farmers, facing the challenges of establishing sustainable agri-businesses across the agricultural value chain, Land Bank has been a commercial lifeline offering appropriately designed financial products that facilitate personal and commercial viability in a sector that is vital to the sustainability of South Africa and its people.
MAIN PURPOSE OF THE JOB
Manages the independent review and validation of the models that mitigate the credit risk covering calculation pricing, credit assessment and impairments within Land Bank.
KEY PERFORMANCE AREAS
1. Designs and manages the process of independent review and validation of Land Bank mod Designs and manages the Governance process of the independent review and validation of Land Bank pricing, IRB credit and IFRS 9 / impairment models els
2. Manages the implementation of a robust model governance framework and contributes to the promotion of effective model development, implementation and use in the bank.
3. Manages the validation of the implementation and use of the Land Bank models across the business
4. Develops, implements and executes an integrated model validation plan that takes into account business strategies and the related risks to enable delivery of business goals
5. Manages stakeholders to project a positive image of risk management in the business and to enable alignment of business strategy and processes to model use and outputs. (Adoption of use of model throughout the bank)
6. Provides consulting services to the business on model related issues and conducts research
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| REQUIREMENTS FOR THIS JOB |
PREFERRED MINIMUM EDUCATION AND EXPERIENCE
Relevant 4 year tertiary qualification (B Com Hon or similar)
CRITICAL COMPETENCIES
1. Advanced Microsoft Office
2. Programming essentials (any language) and modelling
3. SAS (programming language)
4. Business Acumen (financial Services)
5. Financial Accounting Principles
6. Market risk principles
ADDITIONAL REQUIREMENTS
1. Extended hours as and when required.
2. Travel as and when required
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English 
FRENCH
