Quantitative Analyst

Johannesburg, Gauteng, South Africa

Job Description


To contribute to the development and maintenance of best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world class risk management.

Job Responsibilities

  • Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
  • Contribute to the development of differentiated; superior solutions (solution engineering) that meet stakeholder and business requirements through analysis; business requirements gathering and designs validation.
  • Manage client expectations by liaising with stakeholders through the model build process as well as the systems and strategy development process.
  • Ensure accuracy and feasibility through impact analysis for newly developed products.
  • Providing advice to key operational areas ensuring optimal resource allocation and desired results through analysis and communication.
  • Ensure continuity and record keeping through formal sign-off at forums and by creating documentation.
  • Ensuring the correct return is generated on new business.
  • Assisting in the testing and implementation of credit and pricing changes.
  • Analysis of credit risk and pricing recommendations based on data analysis/statistical methods.
  • Data extraction, data manipulation and highlighting of key insights are a pivotal part of the role.
  • Continuous ad-hoc queries and presenting such to relevant stakeholders.
Essential Qualifications - NQF Level
  • Matric / Grade 12 / National Senior Certificate
  • Advanced Diplomas/National 1st Degrees
Qualification
  • Matric / Grade 12 / National Senior Certification
  • 3-year STEM (Science, technology, engineering and mathematics) qualification, Mathematics, Finance or Actuarial Science preferable
Minimum Experience Level
  • 1 - 3 years of banking/ pricing experience
  • 1 - 3 years' experience in Business Analysis and Statistics
  • Strong skills in attention to detail and self-checking
Technical / Professional Knowledge
  • Business Acumen
  • Industry trends
  • Microsoft Office
  • Principles of project management
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Risk management process and frameworks
  • Business writing skills
  • Microsoft Excel
  • Quantitative Skills
Behavioural Competencies
  • Adaptability
  • Applied Learning
  • Earning Trust
  • Communication
  • Stress Tolerance
  • Driving for results
  • Continuous Improvement
  • Technical/Professional Knowledge and Skills


Please contact the Nedbank Recruiting Team at +27 860 555 566

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Nedbank

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Job Detail

  • Job Id
    JD1301274
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned