Senior Quantitative Analyst

Durban, KwaZulu-Natal, South Africa

Job Description


Job Requisition DetailsREQ#134931Closing Date: 29 July 2024Location: WFH/DurbanTalent Acquisition: Bongiwe MchunuDepartmentQuantitative - CVM PL Credit Risk & PolicyLeadership PipelineManage Self: ProfessionalFAIS AffectedJob PurposeTo develop and maintain best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world class risk management and/or attainment of strategic objectives.Job Responsibilities

  • Build and formally present reports by monitoring business performance within the set risk appetite and through analysis.
  • Report to; monitor and advise operational areas to manage trends through analysis for ad-hoc requirements.
  • Manage client expectations by liaising with stakeholders through the model build process as well as the systems and strategy development process.
  • Increase efficiencies through programming and automating processes.
  • Enhance business efficiencies and ensure compliance through formal communications and interacting with external bodies.
  • Challenge model builds from around the cluster through peer review participation and ensuring best practice.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
  • Research and make recommendations for corporate citizenship initiatives in area of influence
  • Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).
  • 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.
  • Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
  • Contribute to the development of differentiated; superior solutions (solution engineering) that meet stakeholder and business requirements through analysis; business requirements gathering and designs validation.
  • Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
  • Ensure continuity and record keeping through formal sign-off at forums and by creating documentation.
  • Ensure data accuracy through data and front-end analysis; pre and post testing of system/strategy changes.
  • Ensure business process consistency through formal communication; updating and maintaining policies.
  • Ensure accuracy and feasibility through impact analysis for newly developed products.
  • Review reporting and ensure accuracy through analysis and providing feedback.Providing advice to key operational areas ensuring optimal resource allocation and desired results through analysis and communication.
  • Manage access and change control and ensure compliance by creating change logs and restricting/providing access.
  • Take corrective action where risk is identified in any processes; models or reporting; through analysis and formal communication.
  • Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
  • Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
  • Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.
  • Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction
Technical Skills Required
  • MS Office
  • SQL
  • Python
  • Power BI
Essential Qualifications - NQF Level
  • Professional Qualifications/Honour's Degree
  • Matric / Grade 12 / National Senior Certificate
Preferred Qualification
  • Honours / 4-year degree in a Quantitative field (Commerce, Maths, Stats, Actuarial Science, Engineering)
Minimum Experience Level
  • Minimum 5 years relevant experience as a Quantitative analyst
Technical / Professional Knowledge
  • 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
  • Business Acumen
  • Quantitative Skills
Behavioural Competencies
  • Applied Learning
  • Coaching
  • Communication
  • Collaborating
  • Decision Making
  • Continuous Improvement
  • Quality Orientation
  • Technical/Professional Knowledge and Skills
Please contact the Nedbank Recruiting Team at +27 860 555 566If you can't find the job you're looking for, activate job alerts to be one of the first to know when new positions open up.

Nedbank

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Job Detail

  • Job Id
    JD1329708
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Durban, KwaZulu-Natal, South Africa
  • Education
    Not mentioned