Job Description

Job Requisition DetailsREQ: 134953Closing Date: 08 August 2024Talent Acquisition: Precious MotlhakoCluster and LocationRetail and Business BankingJohannesburg, SandtonHybridCareer StreamQuantitativeLeadership PipelineManage Self: ProfessionalJob PurposeTo develop and maintain best practice wholesale capital and impairment 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, maintain and validate best practice wholesale capital and impairment models.
• Formally present and manage the approval of models through the governance structure.
• Manage client expectations by liaising with stakeholders through the model build process as well as the systems and strategy development process.
• 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.
• Take corrective action where risk is identified in any processes; models or reporting; through analysis and formal communication.
• Increase efficiencies through programming and automating processes.
• Challenge model builds from around the cluster through peer review participation and ensuring best practice.
• Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• 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.
• Enhance business efficiencies and ensure compliance through formal communications and interacting with external bodies.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).

Job Responsibilities Continue

• 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).
• 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 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, change control, and ensure compliance by creating change logs and restricting/providing access.
• 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.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees
• Matric / Grade 12 / National Senior Certificate

Preferred Qualification

• 3-year qualification in a Mathematical related BSc, Engineering, CFA, FRM, CQF

Minimum Experience Level

• 4-6 years relevant experience in an analytical environment
• Preferred experience in understanding Basel Capital and IFRS 9 Impairments

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.

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